SBB establishes JV with Castelake

Sweden Sweden — SBB establishes a joint venture for community properties with Castlelake generating cash proceeds to SBB of approximately SEK 5.2 billion (EUR 474 million).
TOP 4 Nordic
Ingunn Andersen Randa.
Nordic Nordic —
Obos to allocate more capital into the Swedish market: "It's bubbling with positivity in the big cities"
Nils Styf, CEO of Hemsö.
Nordic Nordic —
“Our assessment is that property values have bottomed out”
Peter Wallin, CEO, and Jon Johnsson, CFO, at Bonava.
Nordic Nordic —
Bonava sees strong Swedish growth – sticks to full-year forecast
Stina Lindh Hök.
Nordic Nordic —
Cibus acquires 23 assets in four countries for 103.9 MEUR
Liia Nõu, CEO of Pandox.

Pandox sells in Canada

Nordic — Pandox has entered into an agreement to divest Doubletree by Hilton Montreal in Canada. The sale includes both the hotel property and hotel operations with a total transaction price of approximately MCAD 80 (EUR 51 million). The closing is planned to take place in the second quarter of 2024.
Miguel Martins, IHG Hotels & Resorts.

The hotel giant is establishing itself in Sweden – here are their plans for the market

Nordic — Recently it became clear that the hotel giant IHG Hotel & Resorts together with Revelop as property owner will open the doors to their first hotel in Sweden. Miguel Martins, Head of Development, Northern Europe at IHG Hotels & Resorts, explain more about their upcoming plans.
Mipim will be back in Cannes in March.

They send the most Danish participants to Mipim

Denmark Denmark — Mipim starts in three weeks and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. Last out are the participants from Denmark.
JM’s subsidiary AB Borätt acquiring building rights for residential development in Sollentuna.

JM’s subsidiary AB Borätt makes Sollentuna acquisition

Sweden Sweden — JM’s subsidiary AB Borätt has acquired building rights for the development of approximately 220 residential units located in Sollentuna just north of Stockholm. The acquisition amounts to approximately SEK 150 million including a paid development contribution.
Erik Nyman.

Erik Nyman appointed new Head of Research for JLL Sweden

Sweden Sweden — JLL strengthens its corporate finance team with the appointment of Erik Nyman as new Head of Research.
Castellum signs new lease with Omegapoint.

Castellum signs new lease in central Gothenburg

Sweden Sweden — Castellum has signed a lease with the cyber security company Omegapoint for 1,255 square meters, at Östra hamngatan 16, in central Gothenburg. Access is planned for December 2024.
Mipim.

They send the most Finnish participants to Mipim

Finland Finland — Mipim starts in three weeks and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. Today the participants from Finland are presented.
Rutger Arnhult, CEO of Corem.

"We will probably sell for another EUR 85–170 million in 2024"

Nordic — During the fourth quarter of 2023, Corem continued on the same track they had during the whole year with sales of properties at a rate that can hardly be compared with any other company on the Swedish market. CEO Rutger Arnhult describes one of these deals as the worst in his entire life. At the same time, he predicts that sales will continue in the billions range.

Barings acquires Swedish residential development project

Sweden Sweden — Barings has acquired a 264-home development opportunity in Stockholm from Innovation Properties on behalf of a private insurance client.
Thomas Holm, CEO of Svenska Handelsfastigheter.

Svenska Handelsfastigheter acquires in three cities

Sweden Sweden — Svenska Handelsfastigheter further strengthens its position through the acquisition of a total of 23,000 square meters of lettable space at the trading sites Boländerna in Uppsala, Tornby in Linköping and establishing itself at the trading site Svågertorp in Malmö.
Erik Norrman and Sissel Andersson.

Svefa strengthens its transaction team

Sweden Sweden — Sissel Andersson and Erik Norrman get extended areas of responsibility.
A number of Norwegians will participate in this year's Mipim.

They send the most Norwegian participants to Mipim

Norway Norway — Mipim starts in three weeks and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. Today the turn has come to the participants from Norway.
Carl Janglin.

Oscar Properties' CEO on the turmoil: "Forced to shrink to survive"

Sweden Sweden — Oscar Properties' outgoing CEO Carl Janglin tells Nordic Property News why he is leaving the company, what the pressure has been like in recent months and why his short time at the company did not turn out as he had imagined.
Strawberry and property investor Slättö launches new hotel chain.

Strawberry and Slättö launches new hotel chain

Nordic — A brand new hotel chain with Nordic ambitions is the result when Petter Stordalen's Strawberry and property investor Slättö present a new collaboration with a focus on strategic locations, quality and high sustainability. Within ten years, the chain will consist of at least 20 hotels.
Oscar Properties makes divestment.

Oscar Properties sells four properties

Sweden Sweden — Oscar Properties has sold four properties for a total of SEK 150 million.

Nordika expands the team in Finland

Finland Finland — Nordika has recruited Kristiina Ilves as Finance Manager based in Finland. Most recently Ilves served as an Investment Controller at Genesta Property Nordic Finland and has previously experience from Mandatum Asset Management and Trevian Funds.
Roger Akelius.

Roger Akelius on the aborted Academedia deal and future real estate investments

Sweden Sweden — The real estate profile tells Nordic Property News about the rapid development of events behind the decision not to implement the major deal in Swedish education company Academedia, the view on possible real estate investments and the emerging attractiveness of the real estate market.
Mipim takes places 12–15 of March.

They send the most Swedish participants to Mipim

Sweden Sweden — Mipim starts in three weeks and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. First are the participants from Sweden.
Porcelænshaven in Copenhagen.

Capman buys from Corem

Denmark Denmark — CapMan Social Real Estate Fund acquires the office and educational property Porcelænshaven, in Copenhagen, from Corem.
Kista Galleria in Sweden.

Citycon becomes the sole owner of Kista Galleria

Sweden Sweden — Citycon is in the final stages of taking over the remaining share (50 percent) in Kista Galleria in Stockholm. The acquisition was announced in connection with the company's annual accounts. The Canadian company CPP Investments sells its share and thereby owns 100 percent of Citycon Kista Galleria.
Carl Janglin.

CEO and CFO to leave Oscar Properties

Sweden Sweden — Oscar Properties CEO Carl Janglin and CFO Magnus Thimgren have informed the company that they intend to leave their positions.
Capman buys school property.

Capman makes acquisition in Hämeenlinna

Finland Finland — Capman Real Estate acquires Seminaari school, located in central Hämeenlinna.
​ 182 / 5 000 Översättningsresultat Översättningsresultat Mattias Baggfelt, head of Debt & Financial Advisory at JLL, believes in a 2024 where the interest rate situation will gradually improve and where a first reduction will come sometime around May/June.

JLL's expert: "Very positive on the bond market right now"

Sweden Sweden — The beginning of the year has meant some setbacks for the short and long interest rates and as late as the other day there were bad inflation figures from the USA which affected the listed part of the real estate sector in a negative way. But Mattias Baggfelt, head of Debt & Financial Advisory at JLL, still believes in a 2024 where the interest rate situation in Sweden will gradually improve and where a first reduction will come sometime around May/June.
Niam acquiers an office property in Greater Copenhagen.

Niam acquires office property in Greater Copenhagen from Industriens Pension

Denmark Denmark — Niam is pleased to announce the acquisition of a 7300 sqm office property, strategically situated in Greater Copenhagen, with Novo Nordisk, a global healthcare company as the exclusive tenant. The seller is Danish pension fund Industriens Pension and the acquisition price is DKK 130 million (EUR 17.4 million).