A
lecta's ill-fated real estate investment in Heimstaden Bostad could have been halted six years ago, according to recent media reports. In 2018, a law firm sounded the alarm about investing further in the company, but its warning never reached Alecta's finance committee.
The current CEO of Alecta, Peder Hasslev, has acknowledged that the investment was mishandled. Sources close to the pension giant have revealed that a warning against Heimstaden Bostad was ignored by top executives at Alecta in 2018.
realestate
Alecta's 2018 Real Estate Bet Raises Questions Over Oversight
A law firm's six-year-old warning about Heimstaden Bostad investment was ignored by Alecta's finance committee.
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realestate
Rockford Housing Market Gains Momentum with New Hispanic Real Estate Partnership
City leaders expect NAHREP to boost Hispanic homeownership rates.
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realestate
Commercial Real Estate Forum Held by Southeastern Association
Sandoval Economic Alliance holds partner luncheon at Quezada's Comedy Club, focusing on commercial real estate.
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realestate
Studio G Tops Out New Franklin Cummings Tech Campus in Massachusetts
Studio G Architects Celebrates Topping Off of New Campus at Franklin Cummings Tech.