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ARTICLES TAGGED WITH "Jens Engwall"

Nyfosa’s New CEO on the Future Expansion Plans

Sweden Sweden — Stina Lindh Hök succeeds Jens Engwall as listed property company Nyfosa's CEO: “Not my initial ambition."

Stina Lindh Hök Named New CEO of Nyfosa

Sweden Sweden — The Board of Nyfosa has appointed Stina Lindh Hök as new CEO of Nyfosa AB. She will replace Jens Engwall who has been the company’s CEO since the spin-off from Hemfosa in autumn 2018.

Nyfosa to Postpone Acquisition of Portfolios from SBB

Sweden Sweden — On January 17 Nyfosa signed a letter of intent with SBB regarding the acquisition of property portfolios with a total value of approximately SEK 8 billion. Nyfosa has decided to postpone this acquisition until further notice due to the changes in market conditions.

Nyfosa Presents New Financial Target and Dividend Policy

Sweden Sweden — Nyfosa has established a new financial target, a new dividend policy, and updated its business concept and vision. The basic premise is that the company will continue to create value and generate sustainable cash flows with transaction-based operations and an opportunistic approach.

SBB Makes EUR 2.19 billion Bid for Hemfosa

Sweden Sweden — Ilija Batljan's Samhällsbyggnadsbolaget (SBB) announces a recommended public offer to the shareholders of Hemfosa to acquire all the common shares and preference shares. The common shares and preference shares in Hemfosa are admitted to trading on Nasdaq Stockholm, Large Cap. SBB’s Class B common shares and Class D common shares are admitted to trading on Nasdaq Stockholm, Large Cap.

Nyfosa Acquires from Söderport

Sweden Sweden — Nyfosa has signed an agreement with Nyfosa's joint venture Söderport Holding AB to acquire 10 properties at a value of MSEK 214. Söderport Holding AB is equally owned by Nyfosa and Sagax.

The Real Estate Giant's CEO: "Our Company Is One Big Playhouse"

Sweden Sweden — Nyfosa's CEO Jens Engwall explains why his company does the opposite to the rest of the industry, why ugly houses can be important in the portfolio and what is superior to everything else when investing.

Nyfosa Acquires Large Portfolio

Sweden Sweden — Nyfosa has signed an agreement with Klövern to acquire a property portfolio at a total value of SEK 1.570 billion in southern Sweden. The acquisition consists of a portfolio of 21 commercial properties.

Nyfosa to Hemfosa's Shareholders in Q4

Sweden Sweden — The Board of Hemfosa has decided to propose that an Extraordinary General Meeting of Hemfosa on September 13, 2018 resolve to distribute all of the shares in the wholly owned subsidiary Nyfosa, which comprises the company’s portfolio of commercial property.

Hemfosa Completes Largest Swedish Transaction of 2018

Sweden Sweden — Hemfosa acquires a portfolio from Starwood and Scius Partners for SEK 3.6 billion (EUR 349M), the largest Swedish transaction of 2018 this far. The 51 properties are to be part of the newformed company Nyfosa.

Hemfosa Acquires Portfolio for EUR 106M

Sweden Sweden — Hemfosa has signed an agreement to acquire a property portfolio in Sweden with a value of about EUR 106M. The portfolio consists of seven properties comprising predominantly office premises with tenants in the community services sector.

Hemfosa Acquires 14 Community Service Properties

Sweden Sweden — Hemfosa has acquired a total of 14 community service properties. The total property value amounts to MSEK 390 and the properties are fully leased to tenants in the community services sector.

Hemfosa Acquires 14 Properties

Sweden Sweden — Hemfosa has acquired a total of 14 community service properties, of which nine school properties, four LSS homes and one property that houses office premises and an HVB home, in Sweden.

"The Stars Have Never Aligned This Well…"

Sweden Sweden — Hemfosa diveds the company into two: Hemfosa and Nyfosa. CEO Jens Engwall tells Nordic Property News about the company division, the excellent opportunities the real estate industry offers at the moment and when he actually will retire.

Hemfosa's Norwegian Edge

Norway Norway — With two new acquisitions during the beginning of 2018, Hemfosa has strengthened their position on the Norwegian market. The CEO Jens Engwall tells Nordic Property News of the strengths of the Norwegian market and what competitive advantages Hemfosa has.

Hemfosa Acquires Remaining 35 Percent of JV with Aspelin Ramm

Norway Norway — Hemfosa has acquired Aspelin Ramm’s ownership stake of 35 percent in Gardermoen Campus Utvikling AS (GCU), a joint venture that has built a specialist hospital and a local medical center in the center of excellence for health services and medical care being established near Gardermoen Airport.

Hemfosa Buys from Aspelin Ramm

Norway Norway — Hemfosa acquires the remaining holding of 35 percent in the existing Gardermoen Campus Utvikling AS, GCU, which has been a joint venture with the property development company Aspelin Ramm Eiendom AS.

Hemfosa Employs Joacim Sjöberg as Executive Vice President

Sweden Sweden — Hemfosa Fastigheter has appointed Joacim Sjöberg Executive Vice President of Hemfosa Fastigheter AB. This appointment is an additional step in the company's efforts to strengthen its Executive Management Team and ensure long-term, controlled succession planning following the departure of Jens Engwall, who plans to step down from his operational role prior to the end of 2017.

Hemfosa Strengthens Transaction Department

Sweden Sweden — Hemfosa is strengthening its transaction department through the recruitment of an additional experienced employee. Jonny Göthberg will complement the company's transaction team by contributing wide-ranging transaction expertise, particularly in community service properties, combined with experience of business development and property management.

Hemfosa Acquires Properties in Norway

Norway Norway — Hemfosa is acquiring the Statens Park area in the Municipality of Tønsberg, south of Oslo, in a transaction that includes nine properties and a parking garage. The underlying property value is MSEK 420 (€ 46 M).

Helsehuset on Gardermoen Campus Fully Leased

Norway Norway — In October 2015, Hemfosa's and Aspelin Ramm`s joint venture Gardermoen Campus Utvikling (GCU) signed an agreement to develop a local medical center on Gardermoen Campus near Oslo, Norway, adjacent to the specialist hospital the company began building in September of this year. The local medical center, or Helsehus, is now fully leased and its future tenants include a healthcare operation for inhabitants of four neighboring municipalities.

Management Changes at Hemfosa Fastigheter

Sweden Sweden — Lars Thagesson, COO and one of Hemfosa's founders, will transition to a role as external adviser to the company. At the same time, Karim Sahibzada, Head of Legal and also a co-founder of Hemfosa, will leave the Group to pursue other opportunities.

Hemfosa Fastigheter Acquires School Property with 20-year Lease

Sweden Sweden — Hemfosa has acquired the community service property in Karlstad with Internationella Engelska Skolan as tenant. The seller is Karlstad municipality.

Hemfosa Acquires Community Service Properties in Norway

Norway Norway — Hemfosa Fastigheter acquires additional community service properties in Norway for approximately €30,8M.

Hemfosa and Aspelin Ramm Invests in Specialist Hospital at Gardermoen

Norway Norway — Swedish Hemfosa is further strengthening its presence in community service properties in Norway with the development of a new health campus and the construction of a heart and lung hospital in a central location by Oslo Airport Gardermoen. Hemfosa is investing approximately SEK 1 billion (€110M) in the project, which will be carried out in partnership with the Norwegian property development company Aspelin Ramm.