ARTICLES TAGGED WITH "Patrik Hall"

Heimstaden's CEO on the Blockbuster Deal: "An Excellent Chance to Grow"

Nordic — It was a transaction for the ages when Heimstaden acquired properties from Akelius for EUR 9.1 billion. Heimstaden's CEO Patrik Hall tells Nordic Property News about the deal, Heimstaden's ambitions going forward and gives his view on the possibility of expropriation in Berlin.

Heimstaden Acquires Residential Portfolio from Akelius for EUR 9.1 billion

Nordic — Heimstaden subsidiary, Heimstaden Bostad, buys 599 properties with 28,776 homes centrally located in Berlin (14,050), Hamburg (3,592), Stockholm (5,934), Malmö (4,107), and Copenhagen (1,093). Transaction value SEK 92.5 billion (EUR 9.1 billion) with SEK 2.8 billion in annual rental income.

Heimstaden Bostad Sets New Climate Targets

Sweden Sweden — Heimstaden Bostad has set new sustainability targets and will invest SEK 5 billion to reduce the company’s greenhouse gas emissions by at least 46 percent by 2030, in line with the Paris Agreement ambition to limit global warming to 1.5°C.

Heimstaden Delivers SEK 4.6 Billion in Profit

Sweden Sweden — CEO Patrik Hall: "We continued to invest in new and existing markets and reached a major milestone with Heimstaden Bostad’s first UK investment in May."

Heimstaden Bostad Enters Finland

Finland Finland — Heimstaden Bostad AB has acquired 242 homes in Helsinki for SEK 215 million (EUR 21 million), its first acquisition in the Finnish market.

Why Heimstaden Chooses Denmark over Sweden

Nordic — Heimstaden continues its expansive journey and makes an entrance on the UK market. CEO Patrik Hall tells Nordic Property News about the future plans in the English market and why he has chosen to invest in Denmark across Sweden recently.

Heimstaden Enters United Kingdom

Nordic — Heimstaden subsidiary, Heimstaden Bostad AB, buys newbuild project “Soho Wharf” with 752 residential units in Birmingham for SEK 1.9 billion (GBP 160 million) from Apsley House Capital and Galliard Homes. Galliard will also act as developer for the project.

Heimstaden Bostad Acquires over 1,000 Residential Units in Linköping

Sweden Sweden — Heimstaden Bostad acquires 1,118 residential units for SEK 2.5 billion in Linköping from municipal housing company Stångåstaden, and significantly strengthens its presence in the region.

Heimstaden Bostad Enters Poland

Nordic — Heimstaden’s subsidiary, Heimstaden Bostad AB, announces the acquisition of two build-to-rent projects in Warsaw, Poland, from the French developer and contractor, Eiffage, which also will act as the general contractor.

Heimstaden Strengthens Management Team and Scales Up International Presence

Nordic — Heimstaden announces the appointment of Paul Spina as Chief Asset Management Officer and Stan Kubacek as Senior Managing Director of Heimstaden’s Central and Eastern Europe investment team.

Heimstaden, Magnolia and Derome Forms JV

Sweden Sweden — Heimstaden AB's subsidiary, Heimstaden Bostad AB has signed an agreement with Magnolia Bostad AB to jointly acquire land from Derome AB in Kungsbacka, Sweden. Together, the two companies will develop and construct approximately 1,600 apartments with a total area of​​ 100,000 sq.m., subject to regulatory approval. The project value upon completion is estimated to SEK 3.0 billion.

Magnolia and Heimstaden in New Transaction

Sweden Sweden — Magnolia Bostad signs an agreement to sell the Västra Erikslid project in Skellefteå municipality to Heimstaden Bostad. The project involves the development of approximately 300 residential units of 21,000 sqm GFA. Estimated property value at completion is about MSEK 475.

Heimstaden Buys Project Property in Sundsvall

Sweden Sweden — Heimstaden Bostad AB has from Magnolia Bostad acquired the first stage in Norra Kajen, Sundsvall Municipality. The project includes the development of 360 apartments and the property value upon completion will amount to approximately MSEK 670.

Heimstaden Appoints Country Manager in the Netherlands

Nordic — The Nordic residential company Heimstaden has announced the appointment of Eddo Rats as new Country Manager in the Netherlands.

Heimstaden Appoints New Country Manager in Denmark

Denmark Denmark — Heimstaden appoints Michael Byrgesen Hansen as Country Manager in Denmark.

The CEO on the Blockbuster Deal in the Czech Republic: ”Maybe a Bit Unexpected”

Nordic — Heimstaden’s CEO Patrik Hall on how the deal, which means that Heimstaden becomes the Czech Republic's largest property owner, came up and the company's plans in the Nordics.

Heimstaden Bostad in EUR 1.3 Billion Deal in the Czech Republic

Nordic — Heimstaden Bostad becomes the largest private residential property owner in the Czech Republic.

Arve Regland Appointed New CFO of Heimstaden

Sweden Sweden — Arve Regland will as of today take on the role as CFO of Heimstaden. He has and will continue to have the same role in Heimstaden’s majority owner Fredensborg AS and replaces acting CFO Magnus Nordholm who wants to focus fully on his role as CEO of Fredensborg AS and as a board member in Heimstaden.

Heimstaden Restructures the Portfolio and Extends Cooperation with Alecta

Nordic — Heimstaden has agreed with the other partners in the subsidiary Heimstaden Bostad for an extended cooperation. Heimstaden Bostad strengthen its equity base with a total of SEK 9.5 billion through a private placement towards the main owners Heimstaden and Alecta. In total, SEK 6.2 billion is allocated externally to the Group.

Heimstaden Acquires Eon's HQ

Sweden Sweden — Heimstaden acquires Eon's storied HQ in Malmö.

Heimstaden Acquires the Dutch Management Company Vivo Wonen

Sweden Sweden — The acquisition underlines Heimstaden’s focus on local expertise and being present with own organisation in its strategic markets.

Magnolia Bostad and Heimstaden Bostad Forms Joint Venture

Sweden Sweden — Magnolia Bostad and Heimstaden Bostad have formed a joint venture with the aim of jointly developing around 800 residencies in the new southern part of Bro, in Upplands-Bro municipality.

Heimstaden's CEO on the Major Deal

Nordic — Patrik Hall explains why Heimstaden takes gigantic steps forward in the Netherlands with a deal worth EUR 1.4 billion, similarities and differences between the country and the Nordic region, which other markets they are looking at and how the opportunity for the Dutch deal came up.

Heimstaden Makes Blockbuster Acquisition in the Netherlands

Sweden Sweden — Heimstaden has entered into an agreement to acquire properties in the Netherlands at a purchase price of EUR 1.4 billion and transfer of properties and agreements on property projects in Denmark and Sweden at a value of SEK 16 billion to its subsidiary Heimstaden Bostad.

Heimstaden Recruits New Chief Operations Officer

Nordic — Heimstaden has appointed Helge Krogsbøl as Chief Operations Officer. Helge Krogsbøl will be responsible for Heimstaden's Scandinavian management organization with a focus on growth and customer experience.