News | Nordic Property News

ARTICLES TAGGED WITH "K2A"

"It's been an eventful year so far"

Sweden — K2A Knaust & Andersson Fastigheter published its interim report for January-September 2024 on Wednesday afternoon. Nordic Property News has interviewed CEO Johan Knaust about what looks like a turnaround for the company: "We look positively at the future."

Bank invests in K2A

Sweden — Buys shares in K2A – becomes sixth largest owner in the company.

SBB and K2A divest remand prison project in Västerås

Sweden — SBB and K2A have entered into an agreement to divest the properties part of Ångpannan 10, Ångpannan 12 and part of Västerås 1:202 in Västerås to Intea with an estimated exit during the second quarter of 2025.

"A starting point for new opportunities for K2A"

Sweden — The transaction where K2A sells student housing to a JV with Slättö is completed. After the deal, K2A's CEO Johan Knaust tells Nordic Property News about new opportunities that are opening for K2A, the possibility of more divestments and about the collaboration with Slättö.

Why student housing is of investment interest for Slättö

Nordic — Christian Bratt, Partner and Head of Residential, Slättö, on the major deal with K2A, and the strategy for the new value add fund. "An extensive Nordic investment mandate."

Slättö in JV with K2A – acquires a student accommodation portfolio

Sweden — A fund managed by Slättö has agreed to acquire a 40 percent stake in a high-quality student accommodation portfolio with assets strategically located across Sweden's university cities.

K2A sells in Luleå

Sweden — K2A Knaust & Andersson Fastigheter sells the properties Luleå Glidet 1 and Luleå Vallan 1 to HSB Norr. The sale takes place at an underlying property value of a total of SEK 330 million, and after repayment of bank loans, approximately SEK 108 million in liquidity is released.

Lansa buys from K2A

Sweden — Lansa Fastigheter expands its property portfolio in Lund by acquiring a property with 98 homes from 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.