ARTICLES TAGGED WITH "Erik Selin"

Balder Makes New Big Hotel Splash

Sweden Sweden — Swedish giant Balder makes new big hotel investment. The company's CEO Erik Selin tells Nordic Property News on the importance of the hotel portfolio, entering a new market region and the collaboration with Norwegian hotel mogul Petter Stordalen.

Swedish Giant Makes First Retail Investment

Sweden Sweden — Balder has made their first large retail property ever by paying close to MSEK 795 (EUR 81M) for 421 in Gothenburg. Erik Selin tells Nordic Property News more about the fast deal – and open up for more purchases in the new segment.

Balder Acquires Properties For More Than SEK 4 billion

Sweden Sweden — Fastighets AB Balder has entered into an agreement to acquire all the properties in the I.A Hedin Fastighet AB group from Anders Hedin Invest AB. The agreed value of the properties will amount to SEK 4.150 billion (EUR 434M) after completion of ongoing new and re-constructions. Balder also completes a directed issue of 3 million Class B ordinary shares, raising proceeds of approximately MSEK 690 (EUR 68M).

Skandrenting Purchases in Täby

Sweden Sweden — Skandrenting, owned by Erik Selin, has purchased the electronics company Mycronic’s headquarters in Täby.

Balder’s First Norwegian Purchase

Norway Norway — Balder has now made their first acquisition in Norway – Balder acquires Hedmark University of Applied Sciences for MNOK 700 (€75M).

Balder Acquires 49 percent of Sjaelsö Management

Denmark Denmark — Fastighet AB Balder has bought FIH’s share of 49 percent in Sjaelsö Management ApS. The remaining 51 percent is unchanged owned by Sjaelsö Management's CEO Flemming Joseph Jensen.

Balder and AP3 Creates Housing Company

Sweden Sweden — Balder and the Third National Swedish Pension Fund (AP3) creates a joint venture for investments in housing properties in Sweden. “We have to wait and see the magnitude of this” Balder’s CEO Erik Selin tells Nordic Property News.

Balder and Backahill Become Owners of New Brinova

Sweden Sweden — Balder and Backahill creates the new company Brinova. The aim is set for listing the company in 2016.

Balder Acquires 21 Percent of Sato

Finland Finland — Balder, listed on Nasdaq Stockholm, acquires 21 percent of Sato, a Finnish real estate company focused on residential properties.