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ARTICLES TAGGED WITH "Patrik Hall"

Patrik Hall Looking Forward to a More Free Role

Nordic — Heimstaden's long-standing CEO Patrik Hall will leave the operational role at the turn of the year and instead continue as Senior Advisor and member of the Group Investment Committee within the company. He tells Nordic Property News about the decision and the future within the company. He also comments on the company's Q3 report, the challenges ahead and the large bond maturities that await in the next two years.

Patrik Hall Steps Down as Heimstaden CEO – Helge Krogsbøl Succeeds

Nordic — Patrik Hall has after more than 20 years decided to leave his position and continue as Senior Advisor and member of the Group Investment Committee. Helge Krogsbøl, Heimstaden’s COO, takes over as CEO from 1 Jan 2023.

One Year Since the Major Akelius Acquisition: "Bought at the Perfect Wrong Time"

Nordic — At the end of October 2021, Heimstaden received final approval for the acquisition of Akelius' property portfolios in Germany, Denmark and Sweden. Almost a year later, Heimstaden's CEO Patrik Hall looks back on the huge 92 billion acquisition and the, in hindsight, "perfectly wrong timing" for the purchase. He also says how they view the future of the Akelius-portfolio today.

Heimstaden Appoints Head of Capital Raising and Client Relations

Nordic — Steen Lønberg Jørgensen starts today as Head of Capital Raising & Client Relations and member of group management.

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

Heimstaden Acquires the Dutch Management Company Vivo Wonen

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