Johan Karlsson, CEO of Slättö.

Why the Slättö CEO sees advantages on the transaction market

Sweden Sweden — Johan Karlsson on how the company was lucky, how he thinks the transaction market will look in 2024 and the internal discussions regarding the plans with the major investment of the Estea portfolio.
TOP 4 Nordic
Johan Gyllberg.
Nordic Nordic —
Global hotel giant heads to Kvarnholmen in 20-year deal
The deteriorating outlook is being driven by a combination of stricter climate regulations, growing pressure from capital markets and increasing tenant demand for sustainable premises.
Nordic Nordic —
German investors warn of energy crisis in property portfolios as technology emerges as lifeline
Carl-Adam von Schéele.
Nordic Nordic —
Urban Partners launches first-of-its-kind fund to accelerate urban regeneration
Housing is singled out as the single most important factor behind the differences between European capitals. For families who rent, housing costs are by far the largest expense item (the people in the image have nothing to do with the text).
Nordic Nordic —
Stockholm among Europe’s most affordable capitals despite high housing costs
Entra.

Entra appoints Ole Anton Gulsvik as new CFO

Norway Norway — Entra appoints Ole Anton Gulsvik as new finance director, CFO. He will take office no later than August 1 this year.
Bård Bjølgerud, Nordic CEO of Colliers.

"You have to catch the falling knife at some point"

Nordic — Navigating through 2024 may not prove to be easy as, according to Colliers, there is a labyrinth of different opportunities and paths to choose from, but the bottom line is that the outlook is still gradually positive with the sights set on a normalized market in 2025. Colliers' Nordic CEO Bård Bjølgerud talks more about the conditions for 2024, the challenges, the growth opportunities and the potential pitfalls.
Carola Lavén and Magnus Andersson.

Aros Bostad makes bid for Besqab

Sweden Sweden — Aros Bostadsutveckling makes a recommended bid for Besqab. The offer is not in cash but means that the two listed companies will merge. The offer is worth 1.04 shares of ordinary shares and 0.07 preferred shares in Aros Bostadsutveckling for each share in Besqab. The board of Besqab unanimously recommends the shareholders of Besqab to accept Aros Bostad's offer.
Nrep's Altura adds to its portfolio.

Nrep acquires community property portfolio

Sweden Sweden — Nrep's community property arm, Altura, has signed an agreement with Besqab to acquire a community property portfolio at an underlying property value of a total of SEK 770 million. The deal includes three nursing homes, a preschool and tenements with a total lettable area of 15,200 square meters. The acquisition takes place via the Nordics' largest Core-plus fund Nrep Income+, which last year completed a successful third closing with approximately SEK 3.1 billion in added capital intended to take advantage of new investment opportunities.
Max Barclay.

Newsec: "New international investors in the logistics segment in 2024"

Nordic — 2023 was characterized by an overall weakness in the transaction market. In warehouse, logistics and industrial properties, however, we have seen a significant driving force. With a share of 27 percent of the total transaction volume, this segment has proved to be the most robust and prominent in the last year. Max Barclay, head of advisory operations at Newsec predicts will see in 2024 in the logistics market.
Mattias Wilson, CEO of Wilfast that becomes part of Swiss Life Asset Managers.

"We couldn't have asked for a better owner"

Nordic — Wilfast gets an external owner in Swiss Life Asset Managers. CEO Mattias Wilson tells Nordic Property News about the decision to sell, about bringing in Swiss Life as a new owner and about the future plans for the company.
Petra Karlsson Ekström.

Petra Karlsson Ekström appointed new CEO of Örebrobostäder

Sweden Sweden — Örebrobostäder has finalized a new CEO. Petra Karlsson Ekström will take up the position of CEO on 19 August 2024 and will then succeed Ulf Rohlén, who is retiring after being the group's CEO for 15 years.
Gamlestadens smedja in Gothenburg.

Peab signs lease with global giant in logistics automation

Sweden Sweden — The third tenant for Peab Fastighetsutveckling's office building Gamlestads Smedja in Gothenburg is signed. In January 2025, the logistics automation company Swisslog will move its Nordic headquarters to new premises.
Slättö acquires an office property from Catella Real Estate AG (CREAG) for aparthotel conversion.

Slättö grows in Finland with second Helsinki CBD hotel

Finland Finland — The acquisition is Slättö’s second in the hospitality sector in Finland. The new aparthotel will meet the needs of different groups of travelers, from short- to long-term stay, with high standards in design, quality and sustainability. For this project, Slättö has once again partnered with the tech-led operator Bob W.
Marie Meyer from Colliers and Johanna Hessius from Newsec analyze the office market in 2024.

More transactions and greater migration flows – this is what the office market will look like in 2024

Sweden Sweden — In the office rental market, a clear slowdown is observed with extended rental periods and increased discounts. This development can be partly attributed to increasing uncertainty among potential tenants, as well as a gradually rising vacancy rate. Newsec and Colliers summarize 2023 and predict what lies ahead in 2024.
Platzer CEO Johanna Hult Rentsch.

Platzer CEO reveals their future plans

Sweden Sweden — Platzer sums up the year with the highest operating surplus in the company's history. At the same time, 2023 will be remembered by the large unrealized negative value changes. Now CEO Johanna Hult Rentsch is looking towards future projects.
The Eight.

Skanska signs record breaking lease agreement in Washington

Sweden Sweden — Skanska has signed a long-term lease agreement for approximately 48,900 square meters, at the office building The Eight in Bellevue, Washington, USA, of which 14,150 square meters is parking.
M2 Asset Management divests to Pensam.

M2 Asset Management sells residential property to Pensam

Denmark Denmark — Rutger Arnhult's M2 Asset Management sells a residential property containing 78 apartments and 15 parking spaces in Copenhagen to Pensam.
Volvo Cars extends its lease in the Mood Stockholm area.

Volvo Cars extends its lease with AMF Fastigheter

Sweden Sweden — Volvo Cars has been a tenant in the property Oxen Större 21 in the the Mood block in Stockholm since 2019. Now the agreement is being extended.
Johanna Hessius from Newsec predicts that international investors will return in 2024.

Newsec: Residential transactions will accelerate 2024

Sweden Sweden — Transactions within the housing segment have declined significantly during 2023 in Sweden. Despite this, there is a great deal of interest in the real estate sector, not least from foreign investors, says Newsec's head of Swedish advisory operations, Johanna Hessius.
Swiss Life Asset Manager's HQ in Zürich.

Swiss Life Asset Managers acquires Wilfast

Nordic — With the acquisition of Wilfast Förvaltning AB, Swiss Life Asset Managers has strengthened its geographic footprint in the Nordics and further enhanced its position. In the near future, the acquired business will operate under the Swiss Life Asset Managers brand. The Gothenburg location and all its employees will be retained.
Hemsö has been awarded a school project by the City of Helsinki.

Hemsö makes acquisition in Helsinki

Finland Finland — The City of Helsinki has chosen Hemsö in a public procurement for the acquisition and re-development of Vallila Primary School, which will accommodate 350 pupils from grades 1 to 6. The City will sell the existing school building to Hemsö. During the spring, Hemsö and the City will sign a 20-year lease agreement regarding the school’s 3,500 square meters.
Niclas Bergman, CEO of Nivika.

More acquisitions on the horizon for Nivika

Sweden Sweden — Nivika’s CEO Niclas Bergman tells Nordic Property News about what lies ahead for the company in 2024.
Peab builds in Jönköping.

Peab builds apartments and office buildings in Jönköping

Sweden Sweden — Peab has been commissioned to build 191 apartments, offices and a garage in Jönköping. The rental apartment customer is Brandtornet AB and the office building customer is Hamhus AB and the total contract amount is SEK 368 million.
Kristina Alvendal has finished her expert report.

New report on Swedish construction: "Cities today are built by lawyers"

Sweden Sweden — This summer, Kristina Alvendal was commissioned by the Productivity Commission appointed by the government to write an expert report on how today's urban construction works with current laws, regulations, working methods and governance. The report has now been submitted and is ready, and it contains 113 proposals for measures, including a constitutional amendment and several other legislative amendments as well as proposals for faster processes linked to urban planning. Kristina Alvendal talks to Nordic Property News in more detail about her conclusions and proposals.
Kokkola Sports Park.

Alliance construction work starts on Kokkola Sports Park

Finland Finland — YIT, as part of an alliance, has signed a contract for the development stage of Kokkola Sports Park. The alliance main contractor is YIT, and the main design is by UKI Arkkitehdit Oy, architectural design by Arkkitehtitoimisto Jääskeläinen Oy, structural design by Ramboll Finland Oy and building system design by Granlund Oy. The client of the alliance is Kokkolan Urheilupuisto Oy.
Stockholm.

The highest valued properties in Sweden

Sweden Sweden — Nordic Property News lists the top ten highest valued properties in Sweden.
Blackrock buys from Infrahubs.

Infrahubs sells 31,500 sqm logistics property to Blackrock

Sweden Sweden — Infrahubs has signed an agreement to sell a new large logistics property in Vaggeryd municipality to Blackrock.
The property Posten 1 in Helsingborg.

Wihlborgs signs new lease in Helsingborg

Sweden Sweden — In the fall autumn of 2024, AWAKE Djursjukhus (a veterinary hospital) will open in the former post sorting centre (Posten 1) in Gåsebäck in southern Helsingborg. The high demand for qualified veterinary care is the reason for the expansion. The lease is for 2,000 square metres and extends for 15 years.