ARTICLES TAGGED WITH "Svenska Handelsfastigheter"

Svenska Handelsfastigheter acquires in three cities

Sweden Sweden — Svenska Handelsfastigheter further strengthens its position through the acquisition of a total of 23,000 square meters of lettable space at the trading sites Boländerna in Uppsala, Tornby in Linköping and establishing itself at the trading site Svågertorp in Malmö.

Svenska Handelsfastigheter acquires from Artmax

Sweden Sweden — Svenska Handelsfastigheter acquires a commercial property in Bäckebol's commercial area in northern Gothenburg. The property of just under 4,100 square meters has plenty of parking and is fully let with Dormy, Sova and Hööks as tenants. The seller is Artmax.

Svenska Handelsfastigheter writes down property value by 6.4 percent

Sweden Sweden — Svenska Handelsfastigheter writes down property values by SEK 1.0 billion (approximately EUR 91.1 million), corresponding to approximately 6.4 percent of the total property value, during the third quarter. After the write-down, the total property value amounts to SEK 14.8 billion (approximately EUR 1.35 billion). This is clear after the company had the entire property portfolio externally valued by two independent valuation firms as of September 30, 2023.

Svenska Handelsfastigheter acquires property in Hudiksvall

Sweden Sweden — Svenska Handelsfastigheter acquires a property for food trade in Hudiksvall from Västra Hamnen Utveckling. The property of just under 2,800 square meters is located in eastern Hudiksvall and has Ica as the main tenant.

How Svenska Handelsfastigheter Plans to Grow with the New Capital Injection

Sweden Sweden — A continued tough market but great opportunities for those who want to make acquisitions. Incoming CEO Thomas Holm tells Nordic Property News about what the new addition of capital can bring to the company and about stepping into the CEO role.

Svenska Handelsfastigheter's CEO Resigns

Sweden Sweden — Svenska Handelsfastigheter enters the next phase of its journey. To make this possible, a total of SEK 1 billion is added to the company through capital commitments contributed by current owners Fjärde AP-fonden and Kåpan Pensioner. In connection with this, it is proposed that deputy CEO Thomas Holm be appointed as the new CEO to succeed Lennart Sten.

Svenska Handelsfastigheter Aims for Further Growth: "We Have Plenty of Capital to Invest”

Sweden Sweden — Sweden's leading property owner within the daily goods and retail trade segment, Svenska Handelsfastigheter, is on the move for more investments. CEO Lennart Sten and Head of Transaction Jöran Rydberg tells Nordic Property News about the acquisition of Tre Kronor, investment targets going forward, and why their retail segment is of great interest.

Canadian Investor Slate AM Acquires 3KR Norwegian Retail

Norway Norway — Svenska Handelsfastigheter has signed an agreement to sell all shares in the Norwegian subsidiary 3KR Norwegian Retail AS. The purchase price amounts to over NOK 1 billion. The buyer is Slate Asset Management.

These Retail Owners Have Been Affected the Most During Covid-19

Sweden Sweden — The retail property owner Svenska Handelsfastigheter’s CEO Lennart Sten: ”Recent trends have accelerated.”

Svenska Handelsfastigheter Adds Monica Fallenius to Their Team

Sweden Sweden — Svenska Handelsfastigheter appoints Monica Fallenius to the newly established role as Property Director.

"We Are Still Looking for the E-commerce Threat"

Sweden Sweden — Svenska Handelsfastigheter's Vice President Thomas Holm tells about the acquisition in Uppsala and why the company is investing in retail properties when many others stay away.

...and Sells Commercial Properties in Uppsala

Sweden Sweden — Castellum is selling four retail properties as well as one office building in the Boländerna business area of Uppsala, to Svenska Handelsfastigheter. In total, the properties comprise approx. 50,000 sq.m, including the Bolandcity shopping mall. Sales price amounts to MSEK 678 (EUR 64M), after a MSEK 30 (EUR 2.8M) deduction for transaction costs and deferred taxes.

Svenska Handelsfastigheter Makes Four Acquisitions

Sweden Sweden — Svenska Handelsfastigheter acquires four properties with a aggregated lettable area of 10,900 sqm. The properties are located in Halmstad, Strängnäs and Bollnäs.

Svenska Handelsfastigheter On the Move – Acquires from TK Development

Sweden Sweden — After the blockbuster deal with Niam, Svenska Handelsfastigheter keeps the tempo up by completing a new transaction. This time the company acquired a retail project in Södertälje from the struggling TK Development. CEO Lennart Sten tells Nordic Property News of the allure with the deal and why they want to expand in the area.

Svenska Handelsfastigheter's CEO on the Major Acquisition from Niam

Sweden Sweden — The SEK 1.6 billion (EUR 160M) acquisition from Niam was Svenska Handelsfastigheter’s second largest deal ever. The company’s CEO Lennart Sten tells Nordic Property News what the deal means to the company – and who it decreases risk exposure.

Niam Sells Retail Portfolio in Sweden

Sweden Sweden — Niam has signed an agreement to sell eight retail properties, comprising 100,000 square meters, to Svenska Handelsfastigheter for a total of EUR 160M.

Svenska Handelsfastigheter Purchases for Half a Billion from Standard Life

Sweden Sweden — Svenska Handelsfastigheter acquires a portfolio of seven retail properties for a purchase price of EUR 54M, from Standard Life Investment European Property Growth Fund, EPGF.

Lennart Sten Behind Large Retail Property Venture

Sweden Sweden — A new Swedish real estate company, founded by amongst others Lennart Sten, former Europe Manager at GE Capital Real Estate, purchases 44 retail properties from Areim.