Eva Jonasson and Camilla Klint.

Major Swedish resi owners enter new paths – brings housing queues in-house

Sweden Sweden — In late October, two of Sweden's leading private residential property companies, Balder and Willhem, announced plans to launch their own housing queues for their rental properties. Nordic Property News spoke to Camilla Klint, Head of Property & Management at Willhem, and Eva Jonasson, Press Officer at Balder, about the decision-making processes, objectives and responses to the initiatives.
TOP 4 Nordic
Björn Gullaksen.
Nordic Nordic —
Leonardo Hotels' growth plans in the Nordic region: "All Nordic markets are of interest to us"
Jens Mathiesen.
Nordic Nordic —
Scandic Hotels Group completes acquisition of Dalata’s hotel operations
Nordic Nordic —
Winners and losers on the stock market in October
Liia Nõu, CEO of Pandox.
Nordic Nordic —
Pandox sees positive net effect from US travel
Ylva Sarby Westman, CEO of Neobo.

Neobo pushes residential vacancy rates down to record lows

Sweden Sweden — Neobo continues to reduce vacancies within its residential portfolio. During the third quarter, the residential vacancy rate fell to 4.4 percent—the lowest level the company has reported to date. At the same time, profit from property management per share increased by 22 percent compared to the same quarter last year.
Pension Danmark acquires a large plot of land from Vision Ejendomme.

Pension Danmark plans new mixed-use neighbourhood in Nørrebro

Denmark Denmark — Pension Danmark is entering the development of Vingelodden in Nørrebro following the acquisition of a large plot of land from Vision Ejendomme. The ambition is to develop up to 400 homes of various types.

NCC and ASP DC Pori break ground on a data center project in Finland

Finland Finland — NCC and ASP DC have signed an agreement for preparatory work on a data center project at the Pori Copper Industrial Park in western Finland.

Tvättbjörnen acquires property in Gävle

Sweden Sweden — New Property has acted as sell-side advisor in Tvättbjörnen Fastigheter's acquisition of a property in the Källö retail and commercial district in Gävle. The property comprises approximately 5,200 square metres and is fully let to five tenants operating in the automotive sector.
Helsinki.

Forecast: Finnish residential property transactions in set to increase in 2027

Finland Finland — Following a weak year, the Finnish housing market is expected to recover in 2027. According to a forecast by Sb-Hem and the Savings Banks Group, the number of brokered residential property transactions could increase by 8–12 percent, while prices for existing apartments are expected to rise by an average of 1.5 percent.

The largest Swedish residential property transactions in 2026

Sweden Sweden — Based on data from Colliers, Nordic Property News lists the ten largest residential property transactions completed in the Swedish market during the first three quarters of the year.
Fredrik Selmers vei 4 at Helsfyr in Oslo.

Entra signs new lease agreement for 45,000 Helsfyr in Oslo

Norway Norway — Entra has entered into a new lease agreement with the Norwegian Tax Administration (Skatteetaten) for approximately 45,000 sqm at Fredrik Selmers vei 4 and Fredrik Selmers vei 6 at Helsfyr in Oslo. The tenant currently leases approximately 38,000 sqm at FS4 under a lease originally expiring in the fourth quarter of 2028.
Eidsvågbakken 13.

Veidekke to construct new office development in Bergen

Norway Norway — Veidekke has been commissioned by Tertnes Holding AS to build the Eidsvågbakken 13 office development in Bergen. The project will be carried out as a design and build contract, valued at approximately NOK 120 million excluding VAT.
André Lundberg, Head of Capital Markets at Colliers.

“The market remains sensitive to changes in longer-term interest rates”

Sweden Sweden — The residential segment has performed strongly throughout the year and remains the largest segment in the transaction market. According to statistics from Colliers, residential properties with a total value of just over SEK 40 billion have changed hands during the first nine months of the year—an increase of approximately 28 percent compared to the same period last year. Speaking to Nordic Property News, André Lundberg, Head of Capital Markets at Colliers, discusses trends within the segment, the factors driving continued interest in residential properties, which market participants are most active, and how a higher interest rate environment might influence future developments.
Corem’s Head of Real Estate, Sebastian Schlasberg, discusses the hotel agreement with Scandic and the broad approach to conversions within the property portfolio.

Corem’s Head of Real Estate on the Scandic agreement and office conversions

Sweden Sweden — Corem is converting a vacant office property into a hotel, having signed a 20-year agreement with Scandic Hotels in the Globen area. Speaking to Nordic Property News, Sebastian Schlasberg—CEO of Corem’s real estate operations—discusses this significant hotel deal, as well as the company’s perspective on further conversions and potential divestments from its portfolio.
Stina Lindh Hök.

Cibus acquires properties in Finland for EUR 12.5 million

Finland Finland — Cibus Real Estate has acquired four properties in Finland in two separate transactions. The acquisition price amounts to EUR 12.5 million and the annual rental income is EUR 1.1 million.
Oscar Lekander.

Hagabacken acquires warehouse and light industrial properties

Sweden Sweden — Hagabacken Fastighets AB has acquired properties in Rosersberg and Botkyrka through two separate corporate transactions. The combined underlying property value amounts to SEK 295 million. The properties are fully let and will generate annual rental income of approximately SEK 21 million for Hagabacken.
NCC commissioned to expand the Skogome correctional facility.

NCC to expand Skogome correctional facility in Gothenburg

Sweden Sweden — NCC has been commissioned by Specialfastigheter to construct new residential units and associated waste recycling centers at the Skogome correctional facility in Gothenburg. The order value of the contract is approximately SEK 290 million.
Björn Gullaksen.

Leonardo Hotels' growth plans in the Nordic region: "All Nordic markets are of interest to us"

Nordic — Leonardo Hotels is reorganizing its development department to support the next phase of its growth strategy, with a particular focus on the Nordic region. Björn Gullaksen has been appointed Head of Leasing for the Nordics and tells Nordic Property News about the company's ambitions in the region, its plans to expand its portfolio, the types of properties it will target, the cities of interest and its outlook for the Nordic hotel markets.
Patrik Emanuelsson.

Heba achieves 77 percent surplus ratio: "The properties teach us"

Sweden Sweden — Swedish property company Heba has reported a surplus ratio of 77 percent for the third quarter, a level few property companies can match. The improvement reflects several years of work to streamline operations, reduce energy consumption and digitalise property management. The company is now bringing these initiatives together under a new business model, known as the Heba Model. Chief executive Patrik Emanuelsson also sees further opportunities to cut costs through digital water monitoring and AI-assisted analysis. “We have continuously asked ourselves how we can make something that is already good even better,” says Emanuelsson.
Jens Mathiesen.

Scandic Hotels Group completes acquisition of Dalata’s hotel operations

Nordic — Scandic Hotels Group completed the acquisition of the hotel operations of Dalata Hotel Group. The acquisition comprises 57 hotels with around 12,500 rooms as well as a pipeline of around 1,600 additional rooms.
David Juhlin.

David Juhlin appointed new CFO of John Mattson

Sweden Sweden — John Mattson has recruited David Juhlin as the company’s new CFO. He will take up his position on 3 May and will also become a member of the Executive Management Team. Until then, Lars Ingman will continue in his role as interim CFO.
Charlotta Wallman Hörlin, CEO, and Magnus Ekström, CFO, at Intea Fastigheter.

Intea: “The bulk of our growth will come from our project portfolio”

Sweden Sweden — Intea continues to see significant growth opportunities in the justice sector, with the majority of future growth expected to come from its own project portfolio. However, the company also has capacity for approximately five billion kronor in additional acquisitions. “We remain committed to our long-term target of delivering growth of twelve per cent,” says CFO Magnus Ekström.

Winners and losers on the stock market in October

Nordic — It was a mixed bag for the listed Nordic real estate and construction companies in October. Nordic Property News lists how the companies performed during the tenth month of the year.
Mylo in Copenhagen.

Genesta acquires micro living property in Copenhagen

Denmark Denmark — Genesta has acquired Mylo, a newly built micro living property in Copenhagen’s Southern Harbour, from a joint venture between DFI and SF Management. The acquisition, completed on behalf of the GNRE Core Plus Open-Ended Fund, marks Genesta’s entry into the micro living segment. Mylo comprises approximately 11,400 square metres of lettable area, including 333 apartments, 17 serviced apartments and two commercial units.
Revelop expands Gothenburg portfolio.

Revelop strengthens its light industrial portfolio with acquisition in Gothenburg

Sweden Sweden — Revelop has acquired Torrekulla 1:91, a light industrial and warehouse asset in Kållered, approximately 10 km south of central Gothenburg. The asset comprises approximately 6,800 sqm of lettable area across three buildings and is fully let to multiple tenants. The acquisition builds on Revelop’s existing presence in the area, adding to its growing cluster of light industrial assets in the Gothenburg region.
The residential project Emil Kolben District in Prague.

Skanska invests in a new phase of a residential project in Prague

Sweden Sweden — Skanska invests CZK 2.2 billion, about SEK 1 billion, in the fourth phase of the residential project Emil Kolben District in Prague, Czech Republic. The construction contract is worth CZK 1.3 billion, about SEK 590M, which will be included in the order bookings for Europe for the fourth quarter of 2026.
Kestutis Sasnauskas and The Bridge in Warsaw.

Eastnine seeks acquisitions but leaves door open to disposals

Sweden Sweden — Following its acquisition of the The Bridge office property in Warsaw, Eastnine is looking to continue expanding in Poland. At the same time, the property company is exploring potential disposals in both Riga and Vilnius as it seeks to optimise its portfolio. Despite a loan-to-value ratio of 58 per cent, further acquisitions remain on the agenda, although financing considerations and value creation for shareholders will set the parameters.
Liia Nõu, CEO of Pandox.

Pandox sees positive net effect from US travel

Nordic — “Booking levels are broadly in line with or above those for the corresponding period in previous years in virtually all our markets,” says CEO Liia Nõu in connection with the company’s third-quarter 2026 report.