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ARTICLES TAGGED WITH "Vonovia"

Since Vonovia's Entrance: This Is the Swedish Residential Impact

Sweden Sweden — How large part of the total portfolio contains Swedish residential for the German housing giant, Vonovia? Nordic Property News presents the figures.

Blackstone on the Swedish Deal: ”A Historical Performance”

Sweden Sweden — Blackstone Group's CFO Michael Chae gives his first comments about the succesful journey with Hembla in Sweden and the total return of the investment.

Vonovia: ”We Plan to Be an Eternal Owner”

Sweden Sweden — Per Ekelund will be the CEO of both Victoria Park and Hembla. Rolf Buch, Vonovia’s CEO, tells Nordic Property News about the future Swedish structure of the residential giant and whether further investments in the Nordics are in sight, in the nearest future.

Per Ekelund New Acting CEO of Hembla

Sweden Sweden — Today Hembla’s Board of Directors has appointed Per Ekelund as acting CEO of Hembla. Per Ekelund will follow Svein Erik Lilleland as CEO. Svein Erik Lilleland has decided to step down and hand over responsibility for his Management Board duties to Per Ekelund from now on. Per Ekelund is also CEO of the residential real estate company Victoria Park, a position he will continue to hold as he takes on his new role.

Vonovia: “This Is Very Important for Us”

Sweden Sweden — Nina Henckel, Head of Corporate Media at Vonovia, tells Nordic Property News about the successful mandatory cash offer of Hembla, the German giant’s expansion plans in Sweden and whether Vonovia was surprised over the independent committee’s initial statement over the bid.

Vonovia Now Owns 94 Percent of Hembla

Sweden Sweden — Vonovia now holds 95.3 percent of the votes and 94.1 percent of Hembla's capital and will now work to delist the company from Nasdaq Stockholm.

The Independent Bid Committee of Hembla Says No to Vonovia's Bid

Sweden Sweden — Hembla’s independent bid committee unanimously recommends the shareholders not to accept Vonovia’s cash offer.

Vonovia Announces a Mandatory Cash Offer to the Shareholders in Hembla

Sweden Sweden — Vonovia, through its indirectly wholly owned subsidiary HomeStar InvestCo AB, announces a mandatory cash offer to the shareholders in Hembla AB to acquire all outstanding B-shares in Hembla not already held by HomeStar, at a price of SEK 215 per share.

Vonovia Gets Competition Clearance to Acquire Blackstone's Hembla Shares

Sweden Sweden — Vonovia can now complete its acquisition of 69.3 percent of the voting rights (61.2 percent of the share capital) in Hembla. That means that Vonovia will be Sweden's largest residential company.

The Foreign Owners in the Real Estate Companies

Nordic — Nordic Property News presents the foreign holdings in the Nordic listed real estate companies.

Hembla’s CEO on the Blackstone Divestment to Vonovia

Sweden Sweden — “Vonovia is the indisputable leader and has the best-in-class management across Europe,” says Svein-Erik Lilleland.

Why Sweden Attracts the German Giant

Sweden Sweden — After the major purchase of Hembla from Blackstone: Vonovia’s CEO Rolf Buch tells Nordic Property News about the future in Sweden. “We have demonstrated that our business model works outside Germany.”

"Blackstone Has Made a Great Journey"

Sweden Sweden — Peter Wiman, Head of Research at Savills Sweden, on Vonovia's acquisition of Hembla from Blackstone and whether this will attract more international investors to the Swedish residential market, going forward.

Blackstone Sells Its 61 Percent Stake in Hembla to Vonovia

Sweden Sweden — Blackstone announce the sale of their 61 percent shareholding, which controls 69 percent of the voting rights, in Hembla to Vonovia, for SEK 215 per share.

The Foreign Buyers in the Nordics Last Year

Nordic — Nordic Property News presents some of the largest global investors in each country in the Nordic region in 2018.

Victoria Park on Blockbuster Transaction and Vonovia's Muscles

Sweden Sweden — Victoria Park's mega deal with Akelius was greatly facilitated by Vonovia's financial muscles. Per Ekelund, CEO of Victoria Park, tells Nordic Property News more about how the new owner's financial muscles affects the company.

Victoria Park Makes Largest Swedish Purchase of 2018

Sweden Sweden — Vonovia-owned Victoria Park acquires 2,340 flats in Stockholm and Gothenburg from Akelius for SEK 4.7 billion (EUR 456M).

After Vonovia’s Entry – Here Are Victoria Park’s Acqusition Plans for 2019

Sweden Sweden — It was one of the defining moments of 2018 on the Swedish real estate market when Vonovia acquired listed Swedish Victoria Park. Since the German owner’s entry Victoria Park has completed one acquisition – but they are looking for more. Here are Victoria Park’s acquisition plans for 2019.

Victoria Park Makes First Purchase After Vonovia Takeover

Sweden Sweden — Per Ekelund, CEO at Victoria Park, tells Nordic Property News about the first acquisition since Vonovia's entry: “Hoping for more.”

Vonovia Acquires Starwood's Shares in Victoria Park

Sweden Sweden — Vonovia has announced that the company now controls 81.4 percent of the shares and 81.1 percent of the votes in Victoria Park.

Largest Nordic Transactions of H1 2018

Nordic — An intense first half of 2018 is in the books. The Nordic countries are on pace to set a new transaction record. Nordic Property News has listed the ten largest transactions.

Vonovia Majority Owner in Victoria Park

Sweden Sweden — Dispite rejection from Starwood for their shares in Victoria Park – German Vonovia completes the public cash takeover offer for Victoria Park and extends the acceptance period.

Starwood Rejects Vonovia's Offer for Victoria Park Shares

Sweden Sweden — Starwood has announced that they do not intend to accept Vonovia's current offer of SEK 38 per Class A and Class B share and SEK 316 per preference share.

German Giant in Bidding War with Starwood for Victoria Park

Sweden Sweden — German Vonovia has made a EUR 895M public cash offer for the shares in listed Victoria Park – just a month after Starwood made an offer for the same company. Rolf Buch, CEO of Vonovia, tells Nordic Property News of the interest in Victoria Park, the Swedish real estate market and the discussions with Starwood.

Board Members on New Offer for Victoria Park

Sweden Sweden — Peter Strand, former CEO and current chairman of the board, and board member Pia Kinhult tells Nordic Property News their views on the offer from Vonovia.