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ARTICLES TAGGED WITH "K2A"

K2A sells Umeå property

Sweden — K2A Knaust & Andersson Fastigheter is selling its Umeå Äppellunden 1 property to Bantorget Hyresbostäder. The sale is taking place at an underlying property value of SEK 135.7 million (EUR 11.6 million), which corresponds to 99.8 percent of the book value as of the latest interim report.

"Rough stretch for real estate companies – but we have a clear plan"

Sweden — K2A's CEO Johan Knaust tells Nordic Property News about the plans for the company, where he sees opportunities for new construction going forward and about the possibility for acquisitions for K2A.

K2A signs lease contract with SHIS Bostäder

Sweden — K2A Knaust & Andersson Fastigheter has signed a three-year contract with SHIS Bostäder, the City of Stockholm’s social housing resource, regarding the leasing of 33 apartments in Vällingby, western Stockholm. The contract runs until August 2026.

Swedish police agency wants to terminate lease agreement with SBB and K2A

Sweden — The police authority wants to leave the agreement regarding the construction of the new police station in Västerås, and the reason stated is that the costs have dragged on, something that the local newspaper VLT was the first to report on. The construction is run by the company Slaggborn, which is owned 50/50 by K2A and SBB, but from the contractor's side they put a lid on the situation and the company's project manager Per Högdin leaves only one comment to Nordic Property News.

K2A Sells Properties to Resinova

Sweden — K2A Knaust & Andersson Fastigheter has completed a sale comprising four properties in Växjö with an underlying property value of SEK 650 million. K2A is transferring the properties with vacant possession on 30 June 2023. The buyer is Resinova Bostad AB.

K2A on the Major Deal: "Sometimes You Have to Rethink Your Strategy"

Sweden — After the SEK billion deal between K2A and Savills IM, Nordic Property News spoke with Christian Lindberg, vice president at K2A, about why this was the best option right now for the company and whether the future holds more sales.

K2A Divests Portfolio for SEK 1.1 Billion

Sweden — K2A Knaust & Andersson Fastigheter has completed a sale of six properties with an underlying property value of SEK 1,095 million. The buyer is Savills Investment Management.

The New Strategy Behind Savills IM:s Major Deal

Sweden — The billion-dollar deal with K2A is the largest purchase in Sweden that Savills IM has made in almost a decade. For Nordic Property News, Peter Broström, responsible for Nordic operations within Savills IM, talks about the background to the giant deal, the new strategy and what type of deals they continue to look for.

K2A and Granitor Allocated Land in Stockholm

Sweden — K2A Knaust & Andersson Fastigheter and Granitor Properties have been individually allocated land in Rågsved in south Stockholm, for approximately 250 apartments in total. Construction will commence in 2026-2027 at the earliest, and the first occupancy is planned for 2030.

K2A Becomes Associate Member of Public Housing Sweden

Sweden — K2A Knaust & Andersson Fastigheter is a new associate member of Public Housing Sweden. K2A’s application was approved at Public Housing Sweden’s Board meeting on 21 October 2022.

K2A and Genova's Project to Start Next Quarter

Sweden — The zoning plan for the Viby neighbourhood project in Upplands-Bro, where K2A Knaust & Andersson Fastigheter is partnering with Genova Property Group to develop a new neighbourhood with 850 homes and its own neighbourhood centre, has gained legal force.

K2A Reduces Manufacturing Staff Due to Delayed Construction Starts

Sweden — K2A Knaust & Andersson Fastigheter AB is pausing production at its K2A Trähus subsidiary and postponing a number of construction starts planned for 2022 and 2023. As a result, the majority of the employees at K2A Trähus are being issued with redundancy notices. K2A is also postponing its operational growth target of 10,000 managed apartments and no longer has the target that this will be achieved in 2025. However, the company is reaffirming its existing financial growth targets.

SBB and K2A Secure 42,000 sqm Rental Agreements

Sweden — SBB and K2A have jointly signed rental agreements with the Swedish Police Authority and the Swedish Prison and Probation Service to let a total of approximately 42,500 square metres in Västerås. The total annual rental value of the agreements is just over MSEK 95 with a contract term of 20 years.

K2A's CEO Nominated for a Sustainable Leadership Award

Sweden — Johan Knaust, CEO of K2A Knaust & Andersson Fastigheter, has been nominated for a Sustainable Leadership award, which is presented by NMC The Swedish Association for Sustainable Business.

Diös Sells Development Rights to K2A

Sweden — Property owner Diös, one of the driving forces behind the establishment of a legally approved zoning plan for the Alliero area of central Sundsvall, has sold development rights to the property company K2A.

How K2A Will Achieve the Increased Growth Targets

Sweden — K2A continues to make large acquisitions. After major investments in both Växjö and Norrtälje, CEO Johan Knaust tells Nordic Property News about the future plans in Växjö and the Stockholm area, the work to achieving the new operational goal and about what will be most important for the company during the second half of 2021.

Bonava Sells to K2A

Sweden — Bonava Sells 83 Rental Apartments in Umeå to K2A.

K2A Acquires in Luleå

Sweden — K2A acquires a residential property in Luleå for MSEK 184.

K2A Makes SEK 470 Million Acquisition in Uppsala

Sweden — K2A has signed an agreement to acquire the properties Uppsala 50:1 and 50:2 from Midroc, where 216 rental homes and a LSS home with six homes will be developed.

K2A Acquires from Skanska

Sweden — K2A buys the property Växjö Skärvet 11 from Skanska. The transaction is based on a property value of approximately MSEK 134 and K2A will access the project upon completion, which is scheduled for Q2 2022.

Winners and Losers on the Stock Market in July and August

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange the last two months.

K2A Acquires from Genova – Forms JV

Sweden — K2A acquires 30 percent of Genova Property Groups company Genova Hold 23.

… and These Are the Winners and Losers on the Stock Market in June

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in June.