K2A Becomes Associate Member of Public Housing Sweden

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

K2A Acquires in Luleå

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

K2A Makes SEK 470 Million Acquisition in Uppsala

Sweden 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 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 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.