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The property Saltängen 1 is acquired by Genesta.

Genesta acquires 101,000 sqm logistics property in Sweden

Sweden Sweden — Genesta is pleased to announce the acquisition of a 101,000 sqm logistics property in Västerås, through an off-market transaction with ICA Real Estate. The property houses ICA's central warehouse and as a part of the transaction ICA Real Estate has signed a 15-year lease agreement with Genesta.
TOP 4 Nordic
David Mindus, CEO of Sagax.
Nordic Nordic —
Sagax acquires seven properties
Nordic Nordic —
Areim exec exits the company
Henrik Bastman.
Nordic Nordic —
Following the acquisitions in Finland – Storebrand Real Estate looks at new opportunities
Louise Richnau and Stefan Dahlbo.
Nordic Nordic —
Prominent duo proposed to Cibus' board
Frentab Fastigheter acquires from KCM Properties.

Frentab Fastigheter makes acquisition from KMC Properties

Sweden Sweden — Frentab Fastigheter expands its portfolio through the acquisition of two strategically located industrial properties in Arninge, Täby, from KMC Properties.
Johan Nihlmark, Head of Business Development Nordics at Verdion.

Verdion: This is the Nordic hotspot for logistics

Nordic — Johan Nihlmark, Head of Business Development Nordics at Verdion, tells Nordic Property News about the investment opportunities in the Nordics, how well capitalized the giant is, and when they will enter Finland and Norway.
Annica Ånäs, CEO of Atrium Ljungberg.

Ånäs sees resilience in the lack of discounts in the market

Sweden Sweden — The transaction market in Q3 was the weakest third quarter since 2009 and not many deals are done in Atrium Ljungberg's main segment, but CEO Annica Ånäs sees resilience in the companies in the fact that the sales made in the market are not made at any discounts. How Atrium Ljungberg will act in the future is unclear, but the company as a whole presented the strongest quarter of the year so far when the Q3 was released on Thursday.
Veidekke builds for Obos.

Veidekke builds 264 homes for Obos in Oslo

Norway Norway — Veidekke has been commissioned by Obos to build the Ulvenplassen project at Ulven in Oslo with 264 homes, apartments for the elderly and commercial premises. The contract is a design and build contract valued at NOK 597 million (EUR 51.5 million) excluding VAT.
Maria Persson.

Semrén & Månsson Arkitekter names new CEO

Sweden Sweden — Maria Persson, architect and former vice president at Semrén Månson, is the new CEO of the architectural office.
Europi Property Group, with Jonathan Willén as CEO, makes a new investment in Portugal. This time in Porto through the JV Ecologis. The image is a montage.

Europi JV buys in Porto

Sweden Sweden — Ecologis, the logistics joint venture between Europi Property Group and Bedrock Capital Partners, has acquired a 7,200 sqm last mile asset in Porto.
Nordic Property News presents the top transactions in the Nordics during Q3.

Here are the Nordic top transactions in Q3 2023

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in the third quarter of 2023.
The CapMan office in Stockholm.

Capman sells in Greater Copenhagen

Denmark Denmark — Capman Nordic Property Income Fund (non-UCITS) sells a warehouse property in Skovlunde.
Nrep's Logicenters acquires warehouse in Eskilstuna.

Logicenters makes acquisition in Eskilstuna

Sweden Sweden — Logicenters is now acquiring a warehouse facility in Eskilstuna with a total area of 71 600 sqm. The logistics company Logent – operating on behalf of Beijer Byggmaterial – will be the tenant in the property. The facility also includes a building right for an additional 27 000 sqm and is expected to be completed by the end of April 2024.
Älvsbyhus CEO Kent Johansson.

The small house manufacturer closes factory: "The Finnish market is dead"

Nordic — Earlier this week it became clear that Älvsbyhus has been forced to notify 40 employees in Sweden. Last month, a decision was made to close a factory. However, CEO Kent Johansson believes that just in time for the rays of the spring sun, the market should improve.
The property Gäddan 8 in Malmö.

Skandia Fastigheter signs lease with the City of Malmö

Sweden Sweden — Skandia Fastigheter signs a lease for 9,000 sqm with the City of Malmö. The tenant will be the City of Malmö's new school Malmö Neptunigymnasium.
Jack Renteria.

ULI appoints Jack Renteria as National Council Chair in Denmark

Denmark Denmark — The Urban Land Institute (ULI) has announced the appointment of Jack Renteria, CEO of Living By Alfa, as the Chair of ULI Denmark, succeeding Jesper Bo Hansen, Managing Director at Catella Corporate Finance.
Douglas Westerberg, Gustaf Segerborg and Anton Jansson.

Randviken trio back with the new venture Flexfast

Sweden Sweden — The former Randviken CEO Gustaf Segerborg is back with a new company. Together with Anton Jansson and Douglas Westerberg, he has started Flexfast, which will invest in warehouse and light industrial properties. Gustaf Segerborg tells Nordic Property News about the new company, which price range and which areas they are looking for new properties in, and about the competition in the hot warehouse and light industrial segment.
SLP.

SLP signs lease agreement in Helsingborg

Sweden Sweden — SLP has signed a new lease agreement with the existing tenant in the property Aggregatet 4 in Helsingborg.
Illustration of the court house.

NCC to create court house in Tønsberg

Norway Norway — NCC has been contracted by the Norwegian Directorate of Public Construction and Property to build a new district court house in Tönsberg in south-eastern Norway. The order value is approximately SEK 170 million.

The Nordic companies with the largest decreases in property values

Nordic — Over the last year, a large number of Nordic real estate companies have seen property values go down due to write-downs – and in other cases due to divestments. Nordic Property News takes a closer look at which companies have had the largest decreases in their property values.
Per Nilsson, CEO of John Mattson.

John Mattson sells property in Stockholm

Sweden Sweden — John Mattson has signed an agreement today for the sale of the Trappsteget 2 property in Högdalen, Stockholm. The price is based on an underlying property value of SEK 236 million (EUR 21.5 million) before deduction for latent tax. The buyer is Arne Dufva Högdalen AB.
Knut Berget and Jørgen Haga.

Knut Berget appointed Head of Transactions at Akershus Eiendom

Norway Norway — As from October Knut Berget will take on the role as Head of Transactions, succeeding Jørgen Haga, who has held this position since 2017.
Hotel Mayfair in central Copenhagen and Pandox Chief Commercial Officer, Jonas Törner.

"In general the recovery has been strong for the Danish hotel market"

Denmark Denmark — On Monday, Pandox announced a deal with Strawberry for the operation of Hotell Mayfair in Copenhagen. Jonas Törner, Chief Commercial Officer at Pandox says that the development in the Danish capital has been fantastic and that there are opportunities going forward to sharpen the portfolio structure. At the same time, they will increase discipline in the investment calculations in order to adapt to the new economic conditions.
NCC builds in Denmark.

NCC to construct production facility in Denmark

Denmark Denmark — NCC has been commissioned to construct a production facility in Denmark. The order value is approximately SEK 900 million (EUR 82 million).
On the left is AB Invest's proposal for the construction of the 40-storey wooden building in Kista. The red-marked site for the development is today a parking lot.

Norwegian hotel operator wants to build the world's tallest wooden house

Sweden Sweden — The company AB Invest wants to build a 40-storey wooden office building in Kista in Stockholm – that would make it the world's tallest wooden building. Nordic Property News reveals more about the ambitious project and its contents.
Ivar Tollefsen, Chairman of Heimstaden and owner of Fredensborg.

Heimstaden divests Icelandic portfolio

Nordic — Heimstaden AB has agreed to divest 100 percent of the shares in the Icelandic residential real estate company Heimstaden ehf to Fredensborg AS, the largest shareholder in Heimstaden. The transaction will close in October 2023.
The opposition's proposal to investigate the possibilities of acquiring the property where the Russian consulate is located today was voted down in the municipal board. To the left is municipal board chairman Jonas Attenius (S) and to the right is opposition councilor Axel Josefson (M).

Unclear future for the Russian consulate in Gothenburg

Sweden Sweden — The opposition's proposal to investigate the possibilities of buying the Russian consulate in Gothenburg was voted down by a majority during last week's meeting of the municipal board, and now it is unclear what is going to happens to the building. Axel Josefson (M), opposition councilor and the municipal board's 2nd vice chairman, and Jonas Attenius (S), chairman of the municipal board, comment on the situation for Nordic Property News and why there is very little that the city can do right now.
Liia Nõu, CEO of Pandox.

Pandox signs lease agreement for hotel property in central Copenhagen

Denmark Denmark — During the ongoing renovation and repositioning of Hotel Mayfair in central Copenhagen, Pandox has signed a lease agreement with the operator Strawberry and the Hobo brand. Pandox continues to run the day-to-day hotel operations until the renovation project has been completed and the new lease comes into force, which is expected to take place in the second half of 2024. The new lease is revenue-based with an indexed, guaranteed minimum level, and long term.