ARTICLES TAGGED WITH "Ulf Nilsson"

Ulf Nilsson on D Carnegie After his Departure and Why He Won’t Enter the Advisory Scene Again

Sweden Sweden — A year ago Ulf Nilsson left the position as CEO of Blackstone-owned D Carnegie after difference of opinion on how the company should be run. Now he gives Nordic Property News his views on how the company is doing without him and tells why he is not interested in entering the advisory scene again.

New CEO at Blackstone-owned D Carnegie

Sweden Sweden — The former CEO Ulf Nilsson left D Carnegie in September of 2017. After a months as acting CEO, Norwegian Svein Erik Lilleland has now taken the CEO position full time. He tells Nordic Property News of the new role and his collaboration with Blackstone.

Ulf Nilsson Steps Down as CEO of D Carnegie

Sweden Sweden — Ulf Nilsson has decided to step down as CEO. Svein Erik Lilleland, currently member of the board of directors, has been appointed as interim CEO.

D Carnegie Acquires Portfolio from Balder

Sweden Sweden — D Carnegie has entered into an agreement to acquire residential property portfolios in Arboga, Köping and Tranås. The seller is Balder. The property portfolios comprises 42 properties and 1,681 apartments. The agreed property value is SEK 1.42 billion (EUR 150M) and the purchase price amounts to SEK 1.04 billion (EUR 110M). The transaction is a share deal with closing on May 2, 2017.

D Carnegie Publishes Higher Valuation

Sweden Sweden — Residential property company D. Carnegie & Co – listed on Nasdaq Stockholm – is publishing a new valuation of its property portfolio, carried out by Newsec during November, which amounts to MSEK 13,600 (€ 1,480 M). Since this valuation exceeds previously reported values by more than SEK 1 billion (€ 108M), it may constitute price-affecting information, which the company is compelled to release to the market.

D Carnegie & Co Divests Gothenburg Portfolio

Sweden Sweden — D Carnegie – listed on Nasdaq Stockholm – has entered an agreement to divest its properties in Gothenburg for MSEK 493 (€ 52M).

D. Carnegie & Co Sells Holdings in Gothenburg

Sweden Sweden — D. Carnegie & Co AB has sold a residential area in Hammarkullen outside of Gothenburg. The property comprises of approximately 890 flats with a total leasable area of 65,000 square metres. The underlying property value is approximately MSEK 500 (€54M).