Overseas Real Estate

HELSINKI, Feb 09, 2017 /PRNewswire/ — Citycon Oyj  – Press release – 9 February 2017 Citycon’s extensive (re)development of Lippulaiva located in Espoonlahti, in the Helsinki area, will make a benchmark for the modern, urban shopping centre catering to the everyday needs of local residents.  Citycon’s plan is to demolish the present Lippulaiva and build

STOCKHOLM, Feb 08, 2017 /PRNewswire/ — Munich-based investment manager Catella Real Estate has taken advantage of the current favourable market conditions in the Netherlands by selling an office building in Amsterdam and reinvesting in a modern residential and retail property in Utrecht’s city centre for the Sarasin Sustainable Properties – European Cities fund.  The office

HELSINKI, Feb 02, 2017 /PRNewswire/ — CITYCON OYJ Investor News 2 February 2017 at 13.00 hrs Citycon will publish its Financial Statements and Financial Statements Release for 1 January – 31 December 2016 as well as its Corporate Governance Statement on Thursday, 9 February approximately at 9 am Helsinki time (Helsinki time is EET, which

GÖTEBORG, Sweden, Feb 01, 2017 /PRNewswire/ — The underlying property value amounts to approx. SEKm 800. The transaction is being prepared for approval at the Stockholm City Council meeting on March 20, 2017. This means that change of possession can come into effect in the last half of April, when the council decision becomes valid.

GÖTEBORG, Sweden, Jan 31, 2017 /PRNewswire/ — Tomorrow Castellum takes possession of the property Torsplan 2 in Stockholm. This state-of-the art, newly constructed building is BREEAM environmentally certified at the world’s highest possible level, and will constitute part of the life-science center under creation in Hagastaden. Torsplan 2 comprises a total of 23,000 sq.m. of

GÖTEBORG, Sweden, Jan 31, 2017 /PRNewswire/ — Speed Group is one of the leading logistics operators in Gothenburg and Borås. The demand for warehouse and logistics premises is large in the Gothenburg area. Castellum announced in November 2016 a new construction of a fully leased facility of 19,000 sq.m. in Mölndal in the southern part

GÖTEBORG, Sweden, Jan 25, 2017 /PRNewswire/ — Jörgen Lundgren, managing director of the region North, will be leaving his position during the summer, at his own request, to take over as CEO of an investment company. He was the former CEO of Norrporten until Castellum’s acquisition of the company last year. “I want to thank

STOCKHOLM, Sweden, Jan 23, 2017 /PRNewswire/ — Catella’s investment management team in Spain has closed the acquisitions of two residential properties located in Pinto’s Tenería neighbourhood in Madrid. The transactions were conducted on behalf of the Catella Wohnen Europa residential fund.  The acquired twin buildings have a total floor area of 18,092 square metres, distributed

GÖTEBORG, Sweden, Jan 19, 2017 /PRNewswire/ — Rental income 2016 amounted to SEKm 4,533 (SEKm 3,299 previous year). Income from property management amounted to SEKm 2,065 (1,533), corresponding to SEK 8.80 (8.11) per share, an increase of 9%. Changes in value on properties amounted to SEKm 4,085 (1,837) and on derivatives to SEKm 82 (216).