Neobo divests property portfolio in Eskilstuna

Sweden Sweden — Neobo Fastigheter AB has divested six residential properties in Eskilstuna at an underlying property value of SEK 113 million, which is in line with the most recent external valuation that was conducted at year-end.

Share Price Cut in Half – Here Is How Neobo Will Convince the Market Now

Sweden Sweden — SBB's housing spin-off Neobo has seen its share price halved since the listing on February 10, from SEK 16 down to around SEK 8. On Wednesday, the company submitted its first quarterly report since the separation from SBB and Nordic Property News got an interview with the company's CEO Ylva Sarby Westman. Among other things, she talks about the upcoming measures to strengthen the company, the views on the transaction market and how to succeed in convincing the market of the company's strengths.

The Costs of Castellum's Management Changes

Sweden Sweden — Castellum is currently looking for its third CEO after Henrik Saxborn's successors Biljana Pehrsson and Rutger Arnhult left the post at the beginning and end of 2022, respectively. The company has gone through a number of changes in the leading chairs in the past year and based on the annual report released earlier this week, Nordic Property News can tell you how much more the company paid out to its CEO:s and deputy CEO:s in 2022 compared to the more quiet 2021.

Neobo Will Be the New Listed Residential Company in Sweden

Sweden Sweden — The stock exchange's largest company focused on residential properties has been named Neobo and will be listed sometime in February 2023. On December 30, the company will be completely spun off from SBB and will then become an independent company that is aiming for an intensive 2023. But in what way? Here the company's CEO Ylva Sarby Westman tells Nordic Property News more about what lies in store.

Malin Axland Is Appointed Head of Legal at Amasten

Sweden Sweden — After Ylva Sarby Westman was appointed as CEO and Maria Strandberg as CFO, Amasten strengthens its team with another former Kungsleden profile when Malin Axland is appointed Head of Legal.

Maria Strandberg Appointed CFO at Amasten

Sweden Sweden — SBB's Amasten makes another executive recruitment. After appointing Ylva Sarby Westman as CEO last week, the company now adds Maria Strandberg to the position of CFO.

Ylva Sarby Westman Signs on as CEO – Here Are the Plans for SBB's New Residential Company

Sweden Sweden — Ylva Sarby Westman steps back into the industry as the new CEO of SBB's subsidiary Amasten – which will change its name before the spring IPO. Ylva Sarby Westman tells Nordic Property News about what attracted her to the new role, how the new residential company will be designed and how to assert herself on the housing market in economically vulnerable times.

Ylva Sarby Westman Appointed CEO of SBB’s Subsidiary Amasten

Sweden Sweden — The Board of Samhällsbyggnadsbolaget i Norden’s subsidiary, Amasten Fastighets AB, has appointed Ylva Sarby Westman as CEO and she takes up her position effective immediately.

More Turbulence at Castellum – Deputy CEO and CFO Also Leaves the Company

Sweden Sweden — On Monday, it was announced that CEO Biljana Pehrsson would leave Castellum and be replaced by the company's largest owner and then Chairman Rutger Arnhult. Now the turbulence in the company continues as Deputy CEO and CFO Ylva Sarby Westman also leaves Castellum. She tells Nordic Property News about the decision.

Biljana Pehrsson Takes Office as Castellum CEO – Ylva Sarby Westman New Kungsleden CEO

Sweden Sweden — The Board of Directors of Castellum has appointed Biljana Pehrsson as President and CEO of Castellum AB. She will take office today, 8 December. In addition, Ylva Sarby Westman, Deputy CEO and CFO of Castellum, takes the helm at Kungsleden.

Kungsleden’s Deputy CEO on the Possible Merge with Castellum

Sweden Sweden — Ylva Sarby Westman, Deputy CEO of Kungsleden: “This is totally up to the shareholders but…”

Kungsleden Divests Residential Building Rights to Reliwe

Sweden Sweden — Kungsleden has signed an agreement with Reliwe AB to divest an undeveloped section of the Norrköping Oxelbergen 1:2 property that has been zoned for residential purposes.

Kungsleden Continues to Borrow Green

Sweden Sweden — Kungsleden has under its current MTN program increased an existing green bond with MSEK 300. The bond was issued at a rate of 101.166 percent, corresponding to a margin above Stibor of 1.30 percent. The bond matures in January 2027.

Ylva Sarby Westman Appointed as New CFO of Kungsleden

Sweden Sweden — Ylva Sarby Westman is to be the new CFO of Kungsleden. She will remain the Group’s Deputy CEO. At the same time, Kungsleden’s management team will be strengthened by the addition of Fredrik Sandell, the company’s current Treasurer.

Kungsleden Makes Strategic Stockholm Acquisition

Sweden Sweden — Kungsleden continues to expand its office portfolio and strengthen its presence in the existing Stockholm City West cluster through the acquisition of the Gladan 4 property in Kungsholmen for SEK 428 million.

How Kungsleden Will Spend the Money from the Eskilstuna Exit

Sweden Sweden — Kungsleden's deputy CEO on leaving Eskilstuna and where they will spend the money from the divestment to Regio.

Kungsleden Leaves Eskilstuna

Sweden Sweden — Kungsleden has signed an agreement to sell their entire Eskilstuna stock – 15 commercial and office properties – to Regio for MSEK 700 (EUR 68M).

"We have been on the hunt in Gothenburg for a long time"

Sweden Sweden — Ylva Sarby Westman, deputy CEO at Kungsleden, tells Nordic Property News about the major acquisition in Gothenburg and the company's plans for 2018.

Kungsleden Acquires Emporia Office from Steen & Strøm

Sweden Sweden — Kungsleden continues to expand its property portfolio and strengthens its presence in the cluster Hyllie in Malmö by acquiring an office property under construction, located in Emporia shopping center.

Kungsleden Acquires Office Property From Humlegården

Sweden Sweden — Kungsleden strengthens its position north of Stockholm by acquiring the property Terminalen 2. The property has a leasable area of over 15,000 sqm and the sales price is MSEK 285 (€30M). The vendor is Humlegården.

Kungsleden In Multiple Large Deals

Sweden Sweden — Kungsleden, listed on Nasdaq Stockholm, purchases in Stockholm and Gothenburg and divests in smaller cities in Mid and Southern Sweden.