The Nordic Expansion Plans of Tritax Eurobox: “Keen to Invest in Sweden”

Nordic — Alina Iorglescu, Assistant Fund Manager at Tritax Eurobox, tells Nordic Property News about the investments in Rosersberg and Gothenburg, the collaboration with Verdion, and how much they want to grow in the Nordics, going forward.

Verdion’s Global CEO on the Attraction to the Nordics

Nordic — Michael Hughes, CEO of Verdion, on the collaboration with Tritax Eurobox, the enormous potential of the Nordic property market, and the logistics targets in the region.

Tritax Eurobox Makes EUR 28 Million Acquisition North of Stockholm

Sweden Sweden — This is the company’s second acquisition in Sweden and comprises a 13,181 sqm logistics facility consisting of two separate units of 8,204 sqm and 4,977 sqm to be constructed between November 2021 and December 2022.

NCC Develops New Property in Stockholm Area

Sweden Sweden — NCC has now commenced the Nova property development project, comprising approximately 13,000 square meters of office, service and retail space in Järva Krog, Stockholm.

Fabege Signs a Long Lease in Stockholm South Business District

Sweden Sweden — Alfa Laval is to be Fabege’s first major new office tenant in Stockholm South Business District in Flemingsberg. The company will be leasing just over 17,000 sqm, with an option to lease additional office space.

“An Exceptional Number of Opportunities on the Market”

Finland Finland — Robert Karlsson at Catella Asset Management on the new assignment, why he leaves Stockholm, and the challenges of finding the right assets on the Finnish investment market.

These Are the Swedish Growth Targets for Prologis

Sweden Sweden — Gunnar Gillholm, country manager Prologis Nordics: “We have internal development targets but there…”

Prologis Acquires Plot in Arlanda City

Sweden Sweden — Logistics real estate company Prologis expanded its presence in Sweden’s Arlanda City by acquiring the park’s last undeveloped plot of 24,000 square meters.

Why Oslo Faces Major Residential Challenges

Norway Norway — Selvaag Bolig’s CEO Sverre Molvik: ”There is a big gap between the need and the demand.”

Fabege Proposed New Land Allocation in Hammarby Sjöstad

Sweden Sweden — The City of Stockholm has agreed to allocate the leasehold property Korphoppet 6 and adjacent Korphoppet 7 to Fabege.

Twelve Storey Residential Building to Be Finished in 2023

Sweden Sweden — SKB's block Lysosomen in Hagastaden (Stockholm) is now growing in height and the 128 cooperative residential units are expected to be ready for occupancy in the spring of 2023.

Balder Makes Plans for a New District in Kungens Kurva

Sweden Sweden — Plans are now at an advanced stage for Victoria, a new district, in Kungens kurva in Stockholm. In Victoria, there are plans for approximately 3,500 apartments, restaurants, cafés, a green neighbourhood park, a school and nursery schools as well as care and other local services.

The Future Residential Focus for John Mattson

Sweden Sweden — Siv Malmgren, CEO of John Mattson, on the new car free solution in the acquired project north of Stockholm, and her plans for the future, when she steps down as CEO.

“We Have Worked with Our Identity for Quite a Long Time”

Sweden Sweden — Thomas Sipos, CEO of Revelop, on the new name of the company, the recently announced Gothenburg and Malmö acquisitions, and why the private equity market is lacking behind during the corona outbreak.

New Target Cost for Skanska's Reconstruction of Slussen in Stockholm

Sweden Sweden — Skanska and the Development Office, City of Stockholm, have agreed on a new target cost for remaining and additional work on the reconstruction of Slussen, Stockholm, Sweden. The new target cost generates an order booking of about SEK 1.5 billion, which will be included in the order bookings for Skanska Sweden for the second quarter 2021.

K-Fastigheter Acquires Development Property in Stockholm Area

Sweden Sweden — K-Fastigheter has entered an agreement with Kungsleden relating to the acquisition of the property Järfälla Veddesta 2:65. K-Fastigheter plans to build up to 400 rental apartments on the property.

Vectura Sells Grand Hôtel in Central Stockholm

Sweden Sweden — Patricia Industries, a part of Investor AB, and its subsidiary Vectura, have agreed to divest Grand Group and the Grand Hôtel property, respectively, to FAM AB. The transaction includes the hotel operations Grand Hôtel, Lydmar Hotel and The Sparrow Hotel, all located in Stockholm, as well as the Grand Hôtel property.

Why the Nordics Outperformed the Rest of Europe in 2020

Nordic — Long-term economic growth in the Nordics is forecast to comfortably exceed the European average. The region's major cities are expected to outperform, supported by population growth and urbanisation. This is concluded in DWS’ latest Nordic real estate strategic outlook. Simon Wallace, Head of Research, tells Nordic Property News on the bright property future in the Nordics, which cities that stands out in the outlook, and the future yield development in the capitals.

NREP Acquires Rental Apartments in Stockholm

Sweden Sweden — Skanska has divested 220 rental apartments in Stockholm to NREP for about SEK 720 million. The multi-family project, which is under construction, includes a garage and commercial premises on the ground floor.

Into the European Top Ten: Why Swedish Logistics Attracts More Global Investors

Sweden Sweden — Prologis will this week publish a report of the global rental development for logistics premises in 2020. Eva van der Pluijm-Kok, Director Research & Strategy at Prologis, tells exclusively on the European performance in the sector, why Sweden remains resilient in a challenging environment, and the European demand for investors in the logistics segment.

Veidekke to Build First BaseCamp Student Housing in Sweden

Sweden Sweden — Veidekke has been commissioned by BaseCamp Student Real Estate to build 589 student apartments in Västra Hamnen, Malmö. The design and build contract has a value of approx. SEK 448 million and is scheduled to be completed in Q1 2023.

Peab Builds Student Housing in Stockholm

Sweden Sweden — Peab has been commissioned to build 182 student apartments in Lappskärsberget close to the University of Stockholm. The customer is Stockholms Studentbostäder and the contract is worth SEK 225 million.

Veidekke to Renovate Vasa Real in Stockholm

Sweden Sweden — Veidekke’s subsidiary Arcona has been commissioned to renovate the Vasa Real school for SISAB – The Stockholm School Properties Company. The contract amount is SEK 255 million.

Citycon to Create a New Urban Area at Liljeholmen

Sweden Sweden — Citycon plans to develop residentials and offices at Liljeholmen by covering the track area at Liljeholmstorget. Under the name RE: Liljeholmen, an attractive living environment will be created with 120 new apartments, 3,000 workplaces and a glazed plaza with space for activities, cultural events and experiences.

Mitsubishi Estate: Why Stockholm Is Attractive for Investors

Sweden Sweden — Yuichiro Shioda, Managing Director and CEO of Mitsubishi Estate London, tells Nordic Property News about the Stockholm CBD acquisition, and the Nordic growth targets.