Petra Blazkova, Head of Market Strategy & Product Development at Catella Group, views Stockholm, Oslo and Copenhagen as Flagship cities.

Nordic cities among the most attractive for real estate investments

Nordic — European real estate is entering a new phase in which location is becoming as important as sector selection in determining investment returns. Catella’s House view Autumn 2026 identifies a widening divergence between European cities and groups them into six distinct clusters based on their economic strength and urban attractiveness. Petra Blazkova, Head of Market Strategy & Product Development at Catella Group, tells Nordic Property News about the Nordic citites on the list and their development going forward.
Henna Mikkonen, Chief Economist at the Sparbanken Group.

Weaker-than-expected housing market in Finland – SB-Hem lowers its forecast

Finland Finland — The Finnish housing market has performed weaker than expected in 2026. The real estate agency chain SB-Hem, part of the Sparbanken Group, now projects that prices for existing apartments will fall by 2.5–3 percent over the year and that the number of agency-brokered transactions involving existing homes will decrease by 10–12 percent. At the same time, the company notes some signs of increased interest in the housing market. "Positive economic news is not yet reflected in the housing market in the form of an increase in the number of transactions," says Henna Mikkonen, Chief Economist at the Savings Banks Group.
Roger Akelius.

Roger Akelius wants Castellum to sell its stake in Entra – and its properties outside Sweden

Nordic — Roger Akelius wants Castellum to exit both the Finnish and Danish markets and sell its entire stake in Norwegian property company Entra, he tells EFN Finansmagasinet in an interview.
H2Offices in Budapest.

Skanska divests second phase of H2Offices in Budapest

Sweden Sweden — Skanska has divested the second phase of the office complex H2Offices in Budapest, Hungary, for EUR 98 million. The buyer is ERSTE Open-Ended Real Estate Investment Fund, represented by ERSTE Alapkezelő Zrt.
Pål Ahlsén, CEO at Castellum.

Castellum changes the organization – moves from four regions to two

Sweden Sweden — Castellum is simplifying its organization and intends to move from four regions to two. Örjan Rystedt will be CEO of Region Göta and Per Gawelin will be CEO of Region Svea. At the same time, the company aims to reduce its administrative costs by 15 percent, corresponding to approximately SEK 100 million.
P-G Persson, CEO of Safjället Fastigheter.

Safjället Fastigheter wants to build upwards in Gårda

Sweden Sweden — P-G Persson’s company Safjället Fastigheter wants to strengthen its cluster of office and healthcare properties in close proximity to Ullevi and the Kineum and Citygate towers. The plan for the company’s latest acquisition, the Gårda 18:21 property, is to increase its height from 16 to 35 metres.

JM: "The goal is the completed home – the key in the lock"

Sweden Sweden — Lead times in the detailed development planning and building permit processes have risen to an average of 5.1 years, despite a decline in the volume of cases. This is shown by the National Lead Time Index for 2026. For Nils Eberil, JM’s Head of Business Development in Region West, this shows that the focus needs to shift from individual sub-processes to implementation itself. By working more in parallel and involving building permits and design earlier, time can be cut – while lengthy processes entail significant costs for both developers and society.
Rikard Skoglund.

Logicenters recruits Rikard Skoglund to strengthen its commercial team in Sweden

Sweden Sweden — Logicenters continues to strengthen its team with the appointment of Rikard Skoglund. With more than 20 years of experience in real estate and extensive expertise in leasing and logistics and industrial properties, the company considers him to become a valuable addition to Logicenters’ Swedish commercial team.
NCC builds in Turku.

NCC and Hemsö to construct nursing home in Turku

Finland Finland — NCC has been commissioned by Hemsö in Finland to construct a new nursing home in Turku. The order value is approximately SEK 200 million.
Petra Scharin.

"I'll let the future reveal what opportunities arise"

Sweden Sweden — After sharing the role of CEO at Newsec with Max Barclay, Petra Scharin is now moving on from the company following nearly 15 years in various positions within the group. She speaks to Nordic Property News about the company’s decision and her time in the shared CEO role.
Oscar Maltesen.

Leaves Nuveen for Arctic Securities

Nordic — Key-player bids farewell to Nuveen after six years to join Arcitc Securities.
Björn Annwall.

Audria expands into the UK as Tandem Property joins the group

Sweden Sweden — Tandem Property, a UK-based provider of property and asset management solutions, has become the fifth company to join Audria Group, a tech driven real estate-services platform, backed by Swedish long-term investors, Pejoni and Fidelio Capital.
The Bella project.

JM starting production of housing in Hägersten in Stockholm

Sweden Sweden — JM is starting production of the Bella project, which comprises 100 tenant-owned units in Telefonplan.
Erik Nyman, Head of Research Sweden at JLL.

JLL expert on interest rate trends: "To me that's very pessimistic"

Sweden Sweden — Financing conditions for real estate companies have continued to improve so far in 2026, with strong competition between banks and the capital market driving down margins. However, clouds are gathering on the horizon, primarily due to rising long-term interest rates—particularly in the US. The Riksbank has kept its rate at 1.75 percent so far this year, but expectations of near-term hikes have increased. Erik Nyman, Head of Research at JLL, analyzes the state and future of the financing market, as well as the conditions facing real estate companies and their strategic focus in the current environment.
Newsec CEO Max Barclay.

Max Barclay appointed sole CEO of Newsec – how the company will enter its next phase

Nordic — Newsec is making a change at the top. Petra Scharin is leaving the company, and the company is moving from shared leadership to Max Barclay continuing as sole CEO. In an interview with Nordic Property News, Max Barclay talks about the transition to becoming sole CEO, Newsec’s new phase and the keys to succeeding in it, as well as the current state of the property market.
NCC.

NCC signs strategic partnering agreement

Sweden Sweden — NCC has signed a long-term strategic partnering agreement for security classified projects. The value of the agreement is estimated to be between SEK 3 to 5 billion.
Skanska gets new large data center contract.

Skanska to build a data center in the US

Sweden Sweden — Skanska has signed a contract with an existing client to begin work on a data center in Georgia, USA. The contract is worth USD 84 million which will be included in the US order bookings for the third quarter of 2026.
Thomas Persson, Head of Capital Markets at JLL.

"Some players may be disappointed when they see the bids this autumn"

Nordic — Transaction volume in the Nordic region amounted to just under EUR 20 billion in the first half of 2026 – an increase of 36 percent compared to the same period in 2025 – according to figures from JLL’s latest Nordic Outlook report. However, this growth was driven by a limited number of portfolio and consolidation deals, with Sweden accounting for more than the region’s entire net increase. Thomas Persson, Head of Capital Markets at JLL, identifies interest rate trends as a major challenge for the transaction market in the near term, as the rise has become too significant for investors to ignore.
Kaj 16 in Gothenburg.

Here are Vasakronan’s major lettings in 2026

Sweden Sweden — Vasakronan continues to announce major lettings. At the end of last week, the office property giant announced two lettings totalling 10,000 square metres across Stockholm and Malmö. Nordic Property News takes a closer look at Vasakronan’s larger lettings during 2026.
Andreas Morfiadakis, CEO of SBB.

SBB sells to PPI

Nordic — SBB sells properties for SEK 1,350 million, increases its ownership in PPI and enhances liquidity.
NCC builds in Turku.

NCC to construct residential care facility in Turku

Finland Finland — NCC has signed an agreement with Nordic Income+ (NIP), a fund managed by Urban Partners, to build a new residential care facility in Turku. The order value is approximately SEK 150 million.
Leiv Synnes, Louise Bergqvist, David Dahlgren and Johan Zachrisson.

The industry's hottest free agents

Nordic — The autumn term has begun, bringing changes to a number of senior positions across the industry. Nordic Propery News has compiled a list of some of the most prominent profiles who have become so-called free agents during 2026.
Marius Hauland Næss, CEO and Managing Director of Snøhetta Oslo.

Snøhetta architect: "We must dare to think in terms of higher density"

Nordic — For a long time, the Nordic city has expanded by allocating generous amounts of space to infrastructure and development. However, much of the land use currently taken for granted can be called into question, according to Marius Hauland Næss, CEO of the architectural firm Snøhetta Oslo. By using land more efficiently, the city can both reduce its climate impact and create more spaces for people to meet. "I believe it is a given that we should dare to think in terms of density," says Næss.
Krister Karlsson.

Genova appoints Krister Karlssson to Deputy CEO

Sweden Sweden — Genova Property Group has appointed Krister Karlsson as Deputy CEO and a member of the Group Executive Management, with responsibility for the development of the company’s two business areas, property management and development. He will assume his position in March 2027.
NCC to build office in Denmark for SEK 1.2 billion.

NCC to build office for Velliv

Denmark Denmark — NCC has been commissioned by the pension provider Velliv to refurbish and remodel a 33,000 square meter office complex in Lyngby, north of Copenhagen in Denmark. The order value is approximately SEK 1.2 billion.