Global ETD Search

21	Instituional Investors Unlisted Real Estate Investments in Sweden – A Study of the AP-Funds’ Performance and Investment Strategies / Institutionella investerares onoterade fastighetsinvesteringar i Sverige – En studie om AP-fondernas prestation och investeringsstrategier Ahlgren, Lukas January 2024 (has links) Over the past decade, the Swedish pension funds AP1, AP2, AP3, and AP4 have significantly increased their capital allocation towards unlisted real estate. This study explores the investment strategies of these AP funds, examining the methods used in asset class investments, risk mitigation measures, responses to macroeconomic threats, and investment returns. Employing a mixed-methods approach, the research integrates semi-structured interviews with fund representatives and statistical analysis of data from annual reports. Findings indicate that the AP funds have capitalized on post-financial crisis real estate market dynamics, particularly evident in investments initiated in the years after the crisis. Notably, AP1, AP3, and AP4 have gained good returns through sector diversification, contrasting with AP2’s less successful geographic diversification. Investments are primarily direct or joint ventures in unlisted real estate firms, avoiding PERE-funds due to their shorter holding periods and high costs. Risk is mitigated through extended holding periods, strategic partner selection, board involvement, and analysis of megatrends. The low risk-free rate environment that has been in Sweden for the last decade has significantly supported the unrealized returns from the investments. Future capital allocation should focus on non-competing sectors, reinvestments in existing assets, and identification of new trends to enhance sector investability. / Under det senaste decenniet har de svenska pensionsfonderna AP1, AP2, AP3 och AP4 ökat sin tillgångsallokering avsevärt i onoterade fastigheter. Denna studie utforskar investeringsstrategierna för dessa AP-fonder och granskar de metoder som används i investeringarna i tillgångsklassen, vilka åtgärder som görs för riskminimering samt hur makroekonomiska hot minimeras och vilka avkastningarna investeringarna gett. Genom att använda en blandad metod använder studien semistrukturerade intervjuer med fondrepresentanter och statistisk analys av data från årsredovisningar. Resultaten visar att AP-fonderna har kapitaliserat på dynamiken på fastighetsmarknaden efter finanskrisen, särskilt tydligt i investeringar som initierades åren efter krisen. Noterbart är att AP1, AP3 och AP4 har uppnått betydande avkastningar genom sektordiversifiering, i kontrast till AP2:s mindre framgångsrika geografiska diversifiering. Investeringarna sker främst direkt eller via klubbstrukturer i onoterade fastighetsföretag, där PERE-fonder undviks på grund av deras kortare hållperioder och oproportionerliga kostnader. Riskminimering uppnås genom långa investeringshorisonter, strategiskt partnerurval, styrelseengagemang och analys av megatrender. Den låga riskfria räntemiljön som varit i Sverige det senaste decenniet har avsevärt stöttat de orealiserade avkastningarna från investeringarna. Framtida kapitalallokeringar bör fokusera på icke-konkurrerande sektorer, återinvesteringar i befintliga bolag och identifiering av nya trender för att hitta sektorer som blivit investerbara. Investment Strategy Pension Funds Unlisted Real Estate Risk Mitigation Performance Macroeconomics Sector Diversification Geographical Diversification Investeringsstrategi Pensionsfonder Onoterade fastigheter Risk reducering Resultat Makroekonomi Sektor diversifiering Geografisk diversifiering Civil Engineering Samhällsbyggnadsteknik
22	Biologisk reducering av nitrat och nitrit i vatten / Biologic reduce of nitrate and nitrite in water Sohlberg, Thomas January 2007 (has links) <p>During the summer 2007 was a scrubber tested at Gruvön papper mill in Grums. The scrubber reduced NO<sub>x</sub> with 90 % in flue gas. NO<sub>x</sub> was transferred from the flue gas to a scrubber liquid as nitrate and nitrite. The scrubber liquid needs to be purified from nitrate and nitrite.</p><p> </p><p>One possible solution is to clean the scrubber liquid in Gruvön biologic cleaning construction.</p><p>Microorganisms in the biologic cleaning construction need to assimilate nitrogen. There are environments free from oxygen in the cleaning construction. Microorganisms can reduce nitrate in environments free from oxygen. </p><p> </p><p>At the implementation was a labmodel built of the two first steps from Gruvön papper mill. Wastewater was collected from Gruvön papper mill. The wastewater was dosed with salts of nitrate and nitrite and pumped into the labmodel.</p><p>The results showed that nitrate and nitrite can be reduced in content with help of the biological cleaning construction.</p> Gruvön papper mill flue gas nitrate nitrite assimilate scrubber scrubber liquid biologic reduce rening nitrifikation denitrifikation mikroorganism skrubber skrubberteknik skrubbervätska nitrat nitrit ammonium klorat FIA kväve fosfor assimilering assimilera reducera biologisk reducering rökgas DO Gruvön Gruvöns bruk bärarsteg natriumnitrat natriumnitrit ammoniumsulfat natriumklorat Chemistry Kemi Chemical engineering Kemiteknik Environmental engineering Miljöteknik
23	Biologisk reducering av nitrat och nitrit i vatten / Biologic reduce of nitrate and nitrite in water Sohlberg, Thomas January 2007 (has links) During the summer 2007 was a scrubber tested at Gruvön papper mill in Grums. The scrubber reduced NOx with 90 % in flue gas. NOx was transferred from the flue gas to a scrubber liquid as nitrate and nitrite. The scrubber liquid needs to be purified from nitrate and nitrite. One possible solution is to clean the scrubber liquid in Gruvön biologic cleaning construction. Microorganisms in the biologic cleaning construction need to assimilate nitrogen. There are environments free from oxygen in the cleaning construction. Microorganisms can reduce nitrate in environments free from oxygen. At the implementation was a labmodel built of the two first steps from Gruvön papper mill. Wastewater was collected from Gruvön papper mill. The wastewater was dosed with salts of nitrate and nitrite and pumped into the labmodel. The results showed that nitrate and nitrite can be reduced in content with help of the biological cleaning construction. Gruvön papper mill flue gas nitrate nitrite assimilate scrubber scrubber liquid biologic reduce rening nitrifikation denitrifikation mikroorganism skrubber skrubberteknik skrubbervätska nitrat nitrit ammonium klorat FIA kväve fosfor assimilering assimilera reducera biologisk reducering rökgas DO Gruvön Gruvöns bruk bärarsteg natriumnitrat natriumnitrit ammoniumsulfat natriumklorat Chemistry Kemi Chemical engineering Kemiteknik Environmental engineering Miljöteknik
24	Systematisk optimering av transportskydd för anslutningsstudsar på plattvärmeväxlare / Systematic optimization of transport protection for connection nozzles on plate heat exchangers Blennow, Emil, Österberg, John January 2020 (has links) Ett sätt för företag att öka lönsamhet och behålla marknadsandelar och konkurrenskraft är att ständigt förbättra sina produkter genom systematisk produktutveckling. Alfa Laval AB i Ronneby tillverkar lödda plattvärmeväxlare som förses med skyddslock och/eller skyddspluggar i flera storlekar och varianter under transport. Syftet med studien är därför att optimera skyddet med avseende på arbetsmiljö, miljö, lagerkapacitet och till en likvärdig eller lägre kostnad. Målet är att generera förbättringsförslag som ersätter de nuvarande transportskydden med ett fåtal standardskydd. Studien genomfördes som en fallstudie och följde den ingenjörsvetenskapliga Systems Engineering-metoden Design For Six Sigma (DFSS). DFSS-processen är uppdelad i fyra steg för att på ett systematiskt sätt uppnå önskat resultat och generera förbättringsförslag till fallföretaget. Studien resulterade i ett förbättringsförslag i form av en krympfilm som ersättande transportskydd. Förbättringsförslaget genererade även en reducering av antal storlekar och varianter med 80 %, vilket i sin tur reducerade lagernivåer. / One way for companies to increase profitability and maintain market shares and competitiveness is to constantly improve their products through systematic product development. Alfa Laval AB in Ronneby manufactures soldered plate heat exchangers which are provided with protective covers and/or protective plugs in several sizes and variants during transport. The purpose of this study is, therefore, to optimize the protection with regard to the work environment, environment, storage capacity and at an equivalent or lower cost. The goal is to generate improvement proposals that replace the current transport protections with a few standard protections. The study was conducted as a case study and followed the Engineering Scientific Systems Engineering method Design For Six Sigma (DFSS). The DFSS process is divided into four steps in order to systematically achieve desired results and generate improvement proposals for the case company. The study resulted in an improvement proposal in the form of a shrink film as a replacement for the transport protection. The improvement proposal also generated a reduction of 80 % in the number of sizes and variants, which in turn reduced stock levels. Product development systematic optimization Design For Six Sigma storage capacity work environment environment sustainability QFD reduction concept development implementation profitability competitiveness Produktutveckling systematisk optimering Design For Six Sigma lagerkapacitet arbetsmiljö miljö hållbarhet QFD reducering konceptframtagning implementering lönsamnhet konkurrenskraft Mechanical Engineering Maskinteknik

Page generated in 0.0606 seconds