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ARTICLES TAGGED WITH "Selvaag"

Listed Norwegian company receives land allocation in Stockholm

Nordic — Selvaag Bolig will build homes within Kolkajen and now receives a land reference from the City of Stockholm. Nordic Property News reveals more about the plans.

Selvaag to Sell Large Part of Its Land Bank

Norway Norway — Selvaag Bolig will propose to the general meeting that it sells large parts of its land bank to Urban Property. These companies will become long-term and strategic partners, and Selvaag Bolig will have a pre-emptive right and option to buy back the land. This transaction is worth NOK 3.4 billion and about NOK 2 billion will be paid as an extraordinary dividend, corresponding to NOK 22.00 per share.

Why Selvaag Returns to the Rental market

Norway Norway — After the financial crisis in 2008, Selvaag Gruppen left the rental market. Now they are back after the major deal where the company buys out Utleiebolig. Major owner Gunnar Frederik Selvaag tells Nordic Property News why the timing is right and why he thinks that the house prices in Norway will increase.

Selvaag Purchases Land in Nydalen

Norway Norway — Selvaag Eiendom has purchased Maridalsveien 319-321 in Nydalen. Here, an office building of 5,500 sqm can be erected.

Largest Aquarium in Northern Europe to Fornebu

Norway Norway — The Selvaag family wants to build the largest aquarium in Northern Europe on Fornebu. The aquarium will encompass 10,000 square meters.

Transaction volume in February: €1.2 billion

Nordic — The Nordic transaction market was moderate in February. 50 deals were made and the transaction volume reached €1.2 billion, according to Pangea Property Partner´s monthly report.