Peab Builds New Middle School in Gothenburg

Sweden Sweden — Peab has been commissioned to build a middle school and two sports halls in Lundby on Hisingen in Gothenburg. The customer is the City of Gothenburg Property Management and the contract is worth SEK 517 million.

Skanska Acquires Block in Gothenburg

Sweden Sweden — Skanska has acquired an entire block in Gothenburg, for about SEK 220 Million. The seller is Fastighets AB L E Lundberg. The intention is to develop modern and sustainable office space on site over time. The possibility of adding housing will also be studied in the coming zoning process.

Barings Acquires Logistics Property in Gothenburg

Sweden Sweden — Barings announces that it has agreed to acquire, in an off-market transaction, a newly built Grade A logistics asset, Sörred Kubiklager, in Gothenburg, Sweden, from multinational construction and development company Skanska, for EUR 26 million on behalf of a core investment strategy.

For Sale: Historical Office Building in Central Gothenburg

Sweden Sweden — The Swedish property giant’s former HQ for sale in Sweden's number two. ”A unique property, the location is quite unbeatable.”

Magnolia Bostad Sells Residential Units in Gothenburg

Sweden Sweden — Magnolia Bostad is selling 180 rental apartments in the new district of Nya Hovås in Göteborg to Heimstaden Bostad. The project consists of around 11,060 sqm GFA for residential units and around 2,500 sqm GFA for retail units and a garage. The estimated property value upon completion will be around SEK 450 million.

NCC Signs Contract for Liseberg’s New Water Park

Sweden Sweden — NCC and Liseberg amusement park have signed a contract for the construction of a new water park. The assignment is through the development company Liseberg Skår AB and the order value is approximately SEK 700 million.

Wallenstam Has Reached 10,000 Rental Apartments Under Management

Sweden Sweden — Wallenstam now has 10,000 rental apartments under management. The tenant Dennis Furlan and his family are moving into Wallenstam’s 10,000th apartment in the new production in Elisedal, Gothenburg.

Cushman & Wakefield: Sustainability Adding Value to Office Properties

Sweden Sweden — Cushman & Wakefield launches the office report Office Snapshot Sweden Q3 with the theme of sustainability as a value-adding factor. New circumstances for office work are created following the advance of the pandemic, where both cyclical economic and structural behavioral changes affect the demand for office space worldwide and to some extent also in Sweden.

The German Investor: “Oslo Remains Difficult Due to Its Nature of NOK Currency”

Nordic — Matthias Brodesser, Head of Transaction Management International at Warburg-HIH Invest, tells Nordic Property News about the latest office acquisition in Finland, the Nordic targets for the company, and why Norway is not an investment target for the company.

Swedish Office Trends: Decreased Rental Levels in CBD

Sweden Sweden — In the latest Office Snapshot Sweden Q2, Cushman & Wakefield presents up to date quarterly data and trends for the office market in metropolitan regions throughout Sweden. Annika Edström, Head of What’s Next at Cushman & Wakefield, shares her view on the upcoming office trends, after a challenging quarter.

Why the Renowned Family Divests Central Located Properties to Balder

Sweden Sweden — The seller on the divestment, after more than 100 years of ownership of the attractive assets: "My grandfather was born in that house."

Giant Mixed-Use Development Project to Be Cancelled

Sweden Sweden — 45,000 square meters of a planned mixed-use development area will not take place in Sweden’s second largest city, Gothenburg. Here is why.

Veidekke to Reconstruct Strömshuset in Gothenburg for Vasakronan

Sweden Sweden — Veidekke has been commissioned by Vasakronan to perform reconstruction and expansion of Strömshuset in central Gothenburg. The collaborative design and build contract is valued at approx. SEK 185 million. The project is scheduled to be completed by February 2022.

NCC to Build Residential Units for HSB Gothenburg

Sweden Sweden — In collaboration with HSB Gothenburg, NCC will construct 135 tenant-owner apartments in Gothenburg. The apartments will form the HSB brf Sannaparken block and are a part of the new Fixfabiken residential area that is being developed in Majorna, western Gothenburg. The order value is approximately SEK 285 million.

This Is the Biggest Challenge for the Real Estate Heavyweight

Sweden Sweden — Hans Wallenstam, CEO of Wallenstam: ”We need to find solutions, so that our tenants survive the crisis.”

Where K-Fastigheter Is Today – and Where the Company Will Grow

Sweden Sweden — Nordic Property News presents K-Fastigheter's geographical distribution of the portfolio, and which projects that are in progress on significantly larger markets.

Hemfosa to Invest SEK 114 Million in Property in Gothenburg

Sweden Sweden — Hemfosa is to invest just over MSEK 114 in the renovation and tenant-specific modification of an existing, vacant property in central Gothenburg, Sweden. The property will be leased to SOS Alarm with a 20-year lease.

Why It Is Getting More Difficult to Acquire Logistics

Nordic — Wilfast's CEO Mattias Wilson reveals an upcoming giant deal and tells why they have not acquired as much as they wanted to so far this year.

How Arctic Securities Will Grow in Sweden

Sweden Sweden — Following the acquisition from NRP and Wilfast: Anna Hallsten, Arctic Securities' CEO in Sweden, tells Nordic Property News about the expansion plans and where they are looking for future investments.

Wallenstam Divests Property in Central Gothenburg to Ramsbury

Sweden Sweden — During the third quarter, Wallenstam vacated the property Inom Vallgraven 20:9 with the address Östra Hamngatan 39 / Kungsgatan 52 in central Gothenburg. Wallenstam also obtained a land allocation in Stockholm.

Aberdeen’s Investment Targets in Sweden

Sweden Sweden — Magnus Kenning, Head of Transactions Sweden, after Aberdeen Standard Investments' housing fund's first purchase in Sweden: "It opens up for more deals in other places."

The Real Estate Giants: "The Transaction Market Cannot Be Hotter"

Sweden Sweden — Sven-Olof Johansson, CEO of Fastpartner, Biljana Pehrsson, CEO of Kungsleden and Bo Wikare, Vice President of Hufvudstaden, on which investment opportunities are available outside Stockholm and why more and more foreign investors are looking at Sweden.

How the Construction Giant will Bounce Back

Sweden Sweden — The Swedish construction giant Serneke has conquered a lot of land lately and will build the highest tower in the Nordic region, but showed poor results in the Q1 report. The founder and CEO Ola Serneke tells Nordic Property News why it looks the way it does, why investors do not have to worry and gives the latest update on the Karlatornet.

Why the American Giant Chooses Sweden over Other Nordic Countries

Sweden Sweden — Prologis acquired 295,000 square meters of prime logistics properties in Sweden. Bram Verhoeven, Senior Vice President, tells Nordic Property News about the benefits of logistics in Sweden, why they do not buy in other countries in the Nordics and whether more acquisitions are coming up.

“Mipim Is Part of a Marketing Chain”

Sweden Sweden — Business Region Göteborg is one of the companies in the Nordics that sends most employees to Mipim. Patrik Andersson explains why the number looks the way it does, what expectations he has for this year's fair and what the most important task for the municipal company is.