Pictet Appoints New Head of Nordics for Direct Real Estate

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Nordic — Pictet Alternative Advisors (PAA) has strengthened its real estate offering in the Nordic region with the appointment of Linus Nilsson as its new Head of Nordics, based in Stockholm. He will focus on direct real estate transactions across the region and report to Charlie Baigler, Head of … Click here to view original …

NCC invests €21.8m in Turku resi scheme (FI)

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NCC has signed an agreement with Niam for the construction of three residential buildings with a total of 179 rental apartments in the Herttuankulma area of Turku in Finland. The order value is approximately €21.8m (SEK 240m). Construction of the first building with 52 apartments has already started and … Click here to view original …

Andreas Eneskjöld Appointed CEO of Företagsparken

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Both of Fastator’s holding companies Företagsparken and Nordic PM are growing. Joakim Orthén has built the Business Park from SEK 0 to SEK 6.5 billion and the company recently carried out an aggressive cash issue of SEK 900 million at net value per share. Now Andreas Eneskjöld takes over … Click here to view original …

Pandox Signs a New Lease Agreement with Citybox

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Nordic — Pandox has signed a lease agreement with the Norwegian operator Citybox Hotels for the current NH Brussels Louise, which Pandox acquired earlier in 2022. The lease agreement is expected to become effective during the first half of 2024 when the hotel reopens after an extensive renovation. The … Click here to view original …

Allianz and Heimstaden Bostad Expand Partnership

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Heimstaden expands partnership with Allianz. Nordic — Allianz Real Estate, on behalf of Allianz companies (Allianz), and Heimstaden Bostad inject SEK 7,000 million (EUR 650 million) in new equity in their existing Swedish joint venture, using the proceeds to repay debt. Simultaneously, Allianz and Heimstaden Bostad form a new … Click here to view original …

Schroders Capital appoints Head of Nordics for Real Estate

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Nordic — Schroders Capital has appointed Johan Bråkenhielm as Head of the Nordics for Real Estate. Johan Bråkenhielm, who has more than 20 years of real estate experience, will be focused on strengthening the existing real estate platform in the region and on further developing the business. Most recently, … Click here to view original …