Vasakronan makes acquisition in central Stockholm from Union Investment

Sweden Sweden — Vasakronan buys the block Uggleborg 14, Sthlm HUB, from Union Investment. The purchase price is based on an underlying property value of SEK 715 million.

Vasakronan rents 8,300 sqm in Stockholm city to Nasdaq

Sweden Sweden — Vasakronan has signed an agreement with Nasdaq, which rents a total of 8,300 square meters in the Klara Zenit property.

The investment situation in Gothenburg's office market

Sweden Sweden — With some negative writings and reports about the office situation in Gothenburg, the question is how the city's property owners see the investment situation going forward. Here, Vasakronan's regional manager Kristina Pettersson Post and Wallenstam's vice president Marina Fritsche talk about, among other things, what their strategies for carrying out business look like and what their company does with leftover surfaces.

Susan Strömbäck appointed new business area manager for office Stockholm City at Vasakronan

Sweden Sweden — Susan Strömbäck, currently a property developer at Vasakronan, will be the new business area manager for the Stockholm City business area. She will take up her new role on 1 February 2024.

Vasakronan appoints new Head of Investments and Projects: "Sweden's leading real estate company"

Sweden Sweden — Vasakronan is strengthening its management team with Martin Kron, who in the spring of 2024 will step up as Head of Investments and Projects. Martin Kron tells Nordic Property News about leaving Skanska after 15 years, how he views Vasakronan and the role he will get there, about lessons the Swedish real estate industry can learn from the Finnish one and about the last time at Skanska.

Real Estate Giant Ready to Embark on Large Office Project in Sweden's Silicon Valley

Sweden Sweden — The detailed plan for over 31,000 square meters of new office space is now only awaiting approval by the city council before work can begin.

Vasakronan Divests in Solna

Sweden Sweden — Vasakronan sells property in Solna for MSEK 410.

Vasakronan Makes Changes in the Group Management

Sweden Sweden — Vasakronan adds new people to its group management.

Vasakronan Fills Up Stockholm Property with Lease of 6,300 sqm

Sweden Sweden — It is a leading consulting company in strategy and management that rents 6,300 square meters of offices in Vasakronan's project property Hästskon 9 at the intersection of Hamngatan/Regeringsgatan. This means that all office parts in the property are fully let.

Vasakronan Signs Large Leases in Uppsala

Sweden Sweden — The medical technology company Gyros Protein Technologies and Försäkringskassan (the Swedish Social Insurance Agency) rent 4,200 and 6,700 sqm respectively in Vasakronan's project property Lumi at Dragarbrunnsgatan 75 in central Uppsala.

Swedish Giant Looking to Add Residential, Retail and Offices in Central Location

Sweden Sweden — Wants to densify Gothenburg high-street with residential, retail and offices.

Vasakronan's Former CEO Elected Chairman of Assemblin

Sweden Sweden — Fredrik Wirdenius, former Board Member at Assemblin and former CEO of Vasakronan, has been elected as the new Chairman of the Board by the Annual General Meeting.

Vasakronan's Expansion Plans

Sweden Sweden — Vasakronan’s expansion plans and possible entry into a new market.

Vasakronan's Impressive Performance During the Pandemic

Sweden Sweden — Despite being in the middle of a pandemic that has been a major blow to retailers, Vasakronan managed to show strong figures in retail leasing in 2020. Nordic Property News looks into the leasing numbers.

Why Price per Square Meter is Staring to Become an Obsolete Term on the Office Rental Market

Sweden Sweden — Sweden’s largest real estate owner Vasakronan presented stable figures, but with decline in new lettings, in their year-end report. CEO Johanna Skogestig gives her view on the future office demands and why price per square meter is starting to become obsolete.

The State of Retail

Sweden Sweden — Uniqlo opens its fourth store in Scandinavia with an establishment in Gothenburg. Kristina Pettersson Post, Regional Manager Gothenburg at Vasakronan, tells Nordic Property News about the situation for city shopping, about the work with conversions and about the importance of getting a new global player to Gothenburg.

Martin Sandgärde Appointed Business Area Manager Stockholm North at Vasakronan

Sweden Sweden — He succeeds Bo de Besche, who recently took on the role as Head of Uppsala.

Office Challenges for the Nordics’ Largest Property Owner

Sweden Sweden — Vasakronan’s CEO Johanna Skogestig on the difficult times: “We need to take a bigger responsibility.”

Vasakronan's CEO: ”There Have Been Tough Discussions”

Sweden Sweden — More than six months have passed since the corona outbreak started to make an impact on the investment market across Europe. How has it affected the Nordic giants? Nordic Property News has spoken to some of the companies in the Nordics. Today: Johanna Skogestig, CEO of the largest Nordic property owner, Vasakronan.

Bo de Besche Appointed Head of Uppsala at Vasakronan

Sweden Sweden — Bo de Besche succeeds Jan-Erik Hellman, who recently took up the position as Head of Real Estate Development Stockholm / Uppsala.

Strong Lettings for Vasakronan

Sweden Sweden — “The strong rental market we noted at the start of the year has changed and become more cautious for natural reasons. Nonetheless, we signed new contracts during the second quarter for SEK 111 million or 35,000 square metres,” says Johanna Skogestig, CEO of Vasakronan.

Vasakronan Signs a SEK 2 billion Green Energy Loan Agreement with the EIB

Sweden Sweden — The EIB green energy loan facility is unsecured and provides Vasakronan with flexible financing with a maturity of up to 10 years. Vasakronan has the option of drawing the loan over a three-year period in several tranches. The loan facility supports the new construction and renovation of five properties, all of which have a low energy consumption and climate impact.

Vasakronan’s Board Withdraws the Dividend Proposal

Sweden Sweden — At an extraordinary Board meeting, Vasakronan’s Board of Directors has decided to withdraw the dividend proposal of SEK 6 billion to the owners.

Vasakronan Signs Seven-Year Green Loan Agreement with NIB

Sweden Sweden — Vasakronan and the Nordic Investment Bank (NIB) have signed an agreement for a seven-year green loan of MSEK 750 for the construction of green office properties in Stockholm.

Amazon Web Services Rents 6,000 sqm in Stockholm CBD from Vasakronan

Sweden Sweden — Vasakronan has signed an agreement with Amazon Web Services, AWS, of 6,000 square meters in the project property Sergelhuset in Stockholm city.