Ola Serneke's next step: "I will look at properties in southern and western Sweden"

Sweden Sweden — At the end of April, Ola Serneke leaves his operational role within Serneke Invest and continues to work in the company via a board seat in Doxa. Parallel to his board work, he intends to develop his private group. Ola Serneke told Nordic Property News about his feelings about leaving the operational role, the board work at Doxa, how he wants to develop and grow his private group and about the series of tough sports competitions he aims to participate in.

Ola Serneke steps down as CEO of Serneke Invest

Sweden Sweden — In connection with Doxa's review of the management structure within Serneke Invest, the company announces that Ola Serneke will leave his operational role as CEO. This change is a direct consequence of the ongoing separation of Serneke's contracting and project development operations, which has initially concentrated on making the contracting company independent. The next step in this process focuses on optimizing the collaboration between Doxa and Serneke Invest to create increased value and efficiency. With Ola Serneke's planned entry into Doxa's board at the end of April, Doxa and Serneke choose to implement this natural change before Ola Serneke's transition to board work.

Balder in transaction with Serneke

Sweden Sweden — Balder buys a hotel building in Karlatornet and sells building rights in Barkarby to Serneke.

Ola Serneke's unexpected new dream project: "Really big"

Sweden Sweden — Heart and brain, these are two qualities that have been driving forces for Ola Serneke in the big investment he made in growing Serneke into the company it is today. Now that it is getting close to the year after the Doxa deal, he talks about what plans and dreams he has going forward.

Serneke and Balder sell 151,000 sqm of building rights in Karlastaden to Framtiden

Sweden Sweden — Serneke and Balder sell approximately 151,000 square meters of building rights in Karlastaden to Gothenburg's public property group AB Framtiden. The deal consists partly of two blocks that are transferred to 100 percent, and partly of four blocks that are transferred to 74 percent, with Serneke and Balder as continuing co-owners of 26 percent. The purchase price amounts to approximately SEK 1 billion and also includes a unilateral option to buy back the building rights in the four part-owned blocks no later than September 2027. The deal is expected to have a neutral profit effect for Doxa.

Serneke sells non-strategic holdings – to Ola Serneke

Sweden Sweden — Serneke sells its holding in the sports complex Prioritet Serneke Arena in Gothenburg and the auto retailer 7H Bil AB in Kinna to a company owned by Ola Serneke. Sales are part of restructuring and refining Serneke.

Milestone reached for Karlatornet – long interview with Ola Serneke and Erik Selin

Sweden Sweden — The time has come for the first people to move into Karlatornet, the Gothenburg skyskraper that is the tallest building in the Nordics. For some, the wait has been long – especially for Ola Serneke. Nordic Property News was present when a tour of the entrance and the viewing apartment on the 25th floor was given. Balder's CEO Erik Selin was also in the apartment, who, like Ola Serneke, gave his view on the situation going forward.

K-Fastigheter acquires building right from Serneke

Sweden Sweden — K-Fastigheter has acquired yet another building right in Gothenburg. The building right is for approximately 124 rental apartments. The acquisition is made from a company within the Serneke Group.

Ola Serneke after the takeover: "There has been plenty of questions about Doxa"

Sweden Sweden — This Monday, the bid was completed which has now meant that Doxa has taken over more than 90 percent of Serneke Group. Ola Serneke, founder and previous CEO, says to Nordic Property News that it will be fun to enter a new and larger context.

Ola Serneke: "We Were a Company That Never Gave Up"

Sweden Sweden — Yesterday it became clear that Doxa has submitted a takeover offer for Serneke Group. Ola Serneke, founder of Serneke, says to Nordic Property News that he is positive to the offer that means that company can get a broad and stable owner base. Now Jan C Johansson, Serneke group's chairman, also comments on the potential takeover "We didn't contact Doxa".

Doxa Makes Public Offer for Serneke

Sweden Sweden — Doxa has made an offer for all the series B shares in Serneke. The board of directors of Serneke unanimously recommends the shareholders of Serneke to accept the public offer made by Doxa.

Karlatornet Is Now the Tallest Building in Scandinavia

Sweden Sweden — After reaching 193 meters, Balder and Serneke's Karlatornet in Gothenburg, which is still under construction, is now the tallest building in Scandinavia.

Balder and Serneke Construct the Aries Block in Karlastaden

Sweden Sweden — Fastighets AB Balder and Serneke are establishing another joint venture development company to continue the collaboration in Karlastaden, Gothenburg. This time, the joint venture companies will develop the Aries block in Karlastaden involving approximately 190 apartments.

Ola Serneke Steps Down as President and CEO of Serneke Group

Sweden Sweden — Following discussions with the Board of Directors of Serneke Group, Ola Serneke has decided to step down from the role of President and CEO of Serneke Group. He will also be leaving his position as a member of the company's Board of Directors. In his role as President of Serneke Invest, Ola Serneke will retain responsibility for the company's major urban development projects.

Ola Serneke on the Karlatornet Deal: ”A Day of Joy for Us”

Sweden Sweden — Ola Serneke, CEO of Serneke, on the importance of Balder’s entrance on the construction of the Nordics’ largest tower, Karlatornet, where they are right now in the construction process, and what the future might hold.

Balder Acquires 50 Percent of Karlatornet

Sweden Sweden — Balder is acquiring 50 per cent of the shares in Karlatornet AB, becomes a shareholder in Serneke Group and has agreed on the acquisition of almost 1,400 rental apartments and just over 12,000 sqm of commercial premises.

CEO Says Serneke Has a Buyer for Karlatornet

Sweden Sweden — Trading in Serneke's share was stopped on Wednesday afternoon, this after CEO Ola Serneke said at a webcast student seminar that a partner was ready in Karlatornet.

Ola Serneke: “We Evaluate All Possibilities”

Sweden Sweden — International expansion plans and questions about the upcoming (?) sale of Karlatornet – which will be the Nordics’ tallest building. Ola Serneke, CEO of Serneke Group, on the current status of the groundbreaking project.

Serneke's Sale of Karlatornet Is Being Postponed

Sweden Sweden — Completion of Serneke's sale of Karlatornet to Oaktree Capital Management, which was due to happen within days, is being postponed. The reason is the uncertain situation in the global financial market caused by the corona pandemic. Consequently, Serneke will minimalize all activities in the construction of the tallest house in the Nordic region.

Serneke to Divest a Majority Stake of Karlatornet to a Global Investor

Sweden Sweden — Serneke has reached an agreement-in-principle with Oaktree Capital Management to divest 80 percent of Karlatornet, situated on the Karlastaden estate in the Lindholmen area of Gothenburg. Serneke will remain as a shareholder in Karlatornet and continue to act as main contractor for the construction of the tallest building in the Nordic region.

Serneke about to Sell Karlatornet to International Investor

Sweden Sweden — Serneke is about to sell Karlatornet, Sweden's tallest building when completed, to an international player.

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.

Serneke Strikes Back: "They Must Be Erected as well..."

Sweden Sweden — In the battle of the tallest buildings in the Nordic region – Ola Serneke speaks about not being number one, the status of Karlatornet and how they look forward after a turbulent 2018. "You always learn from negative experiences."

Serneke Intends to List on Nasdaq Stockholm

Sweden Sweden — Serneke Group has announced its intention to launch an initial public offering and list its shares on Nasdaq Stockholm.