Mikael Söderlundh, head of research at Colliers.

Colliers' expert: Why real estate stocks are climbing right now

Nordic — After a longer sour period, real estate shares are currently doing very well on the stock market and the sector has had an upswing of over 20 percent. Nordic Property News takes the help of Colliers head of research Mikael Söderlundh to get a handle on what is driving the positive trend right now, what the upswing means for the outlook on the real estate sector and how the companies will act in 2024 following the Riksbank's and the Financial Supervisory Authority's calls for, among other things, more sales.
TOP 4 Nordic
Nordic Nordic —
Winners and losers on the stock market in April
Michael Swank.
Nordic Nordic —
The segments Blackstone consider attractive in the Nordics
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”
Daniel Hummel.

"There are still investors with a lot of capital who will continue to invest in 2024"

Sweden Sweden — CBRE strengthens its advisory operations with Daniel Hummel as new CEO of the Swedish operations. He tells Nordic Property News about the new position at CBRE, the return to the real estate industry and gives his view on the transaction market in 2024.
Daniel Gorosch.

Catella appoints Daniel Gorosch as new MD of Corporate Finance Sweden

Sweden Sweden — Catella appoints Daniel Gorosch as new Managing Director of Corporate Finance Sweden. Current Managing Director Jacob Bruzelius will thereby whole-heartedly focus on the company’s successful offering within Debt Capital Markets.
Heikki Vuorenmaa.

YIT's way through the construction crisis

Finland Finland — Heikki Vuorenmaa, President and CEO of YIT, tells Nordic Property News about the challenging housing market, what measures that have to be done, and how to act, going forward.
The top transactions in the Nordics in November.

November 2023: The Nordic top transactions

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in November, 2023.
Kestutis Sasnauskas, CEO of Eastnine.

New business plan for Eastnine – only office properties in focus

Nordic — Eastnine’s board has adopted a new business plan. Poland and the Baltics remain to be prioritized markets, as well as the overall target of an attractive total return to shareholders. Eastnine's ambition is to grow the property portfolio, provided that the growth contributes to increased profitability.
Joachim Kuylenstierna.

Joachim Kuylenstierna steps down as CEO of Fastator

Sweden Sweden — The board of Fastator announces that Joachim Kuylenstierna is leaving his post as CEO of the company. In connection with his departure, the board has decided to appoint Björn Rosengren, current chairman of the board, as acting CEO until a more permanent solution is found. At the same time Fastator announces that no irregularities have been found in the internal investigation regarding Joachim Kuylenstierna that has been conducted by independent lawyer Björn Wendleby.
Niam acquires property on Fleminggatan in central Stockholm.

Niam acquires office property in central Stockholm

Sweden Sweden — Niam has signed an agreement to acquire the office property Smultronet 6 on Fleminggatan in central Stockholm from Union Investment. The property comprises approximately 11,000 square meters of leasable space and was previously mostly occupied by HSB, which vacated before the summer. Niam will now develop the property into modern office solutions, contributing to the continual positive development of office spaces on Kungsholmen.

Geopolitical tension and it's effect on investments in the hotel market

Nordic — Where does the hotel capital come from and how does it move in the global market? When the JLL manager summarize how geopolitics affects how capital moves, there are a number of different markets to keep an eye on.
Henrik Gerdin, Fund Manager at Niam.

Niam turns its eye towards logistics with major acquisition: "Seriously entering the segment"

Nordic — Through the deal with Savills IM, Niam is seriously entering the logistics market. The company's fund manager, Henrik Gerdin, tells Nordic Property News what the acquired portfolio means for the investment, what they look for in new logistics acquisitions, which markets they look at, and how he sees the logistics market in the Nordics.
Rutger Arnhult, CEO of Corem.

Corem signs long term-lease in New York

Sweden Sweden — Corem has signed a lease contract with AC Hospitality for 353 sq.m. of the project property 28&7 in New York. The tenant, that will run a restaurant and sports bar at 28&7, will move in during the third quarter of 2024 and the lease term is 15 years.
Pictet makes acquisition in Halmstad from OOF Group and Eleiko.

Pictet acquires logistics property in Halmstad

Sweden Sweden — Pictet Alternative Advisors has completed the acquisition of a newly built logistics property in Halmstad. The property comprises approximately 18,300 square meters of logistics space of institutional quality. The acquisition was completed for Pictet's Core Plus strategy.
Susan Strömbäck.

Susan Strömbäck appointed new business area manager for office Stockholm City at Vasakronan

Sweden Sweden — Susan Strömbäck, currently a property developer at Vasakronan, will be the new business area manager for the Stockholm City business area. She will take up her new role on 1 February 2024.
Jessica Löfström.

The dark side of the real estate industry: "A million people can be working here illegally"

Sweden Sweden — The use of illegal labor may be much greater than previously thought. According to Jessica Löfström at Ansvar Säkerhet, as many as one million people can work in Sweden illegally, without security and with low wages. Nordic Property News has had to take part in the shocking figures.
Hyllie terrass.

Skanska divests office building to its own investment company

Sweden Sweden — Skanska Commercial Property Development Nordic has divested the office building Hyllie Terrass in Malmö, Sweden, to Skanska Investment Properties for about SEK 730M after deduction of remaining investments and deferred tax.

Keyplayer leaves JLL

Nordic — Leaves JLL after four years to return to a former employer.
Daniel Hummel.

CBRE appoints new CEO for its advisory operations in Sweden

Sweden Sweden — CBRE has recruited Daniel Hummel as CEO of the advisory business in Sweden at CBRE. He joins CBRE from Stockholm Corporate Finance.
Bret D. McLeod.

Citycon's CFO resigns

Finland Finland — Citycon has announced an orderly transition of its Chief Financial Officer position to take place in early 2024. Bret D. McLeod, current Chief Financial Officer of Citycon, has announced his intention to resign from his position effective January 31, 2024, to pursue another opportunity back in his native United States.
Mileway's Nordic MD leaves the company.

After the Nordic MD's resignation: How Mileway moves forward

Nordic — Mileway's Chief Real Estate Officer Thomas ten Bokum on the Nordic organization and the view on the Nordic market for the Blackstone company.
Northern Horizon acquires portfolio from EQ.

Northen Horizon acquires healthcare property portfolio

Finland Finland — Northern Horizon acquires portfolio of 15 prime healthcare properties in Finland from EQ for EUR 75 million.
This is how the listed nordic real estate companies performed on the stock market during November.

Comeback month for Nordic real estate stocks in November

Nordic — November was by far the best stock exchange month of the year for real estate shares so far in 2023 with almost perfect gains, several of them strong. Here Nordic Property News summarizes how the companies performed during the penultimate month of the year, with several of the stock exchange's heavyweights near the top.

MT Højgaard appoints new CEO

Denmark Denmark — The Board of Directors of MT Højgaard Holding has hired Steffen Baungaard as new group CEO. He replaces Henrik Mielke whom will continue to be associated with the group in a transition period and complete ongoing assignments.
Wihlborgs.

Wihlborgs to build new school north of Copenhagen

Denmark Denmark — Wihlborgs will build a new school for the privately owned Nordsjællands Grundskole & Gymnasium (NGG) in Hørsholm, north of Copenhagen, with room for 1,500 students and employees.
Dragana Marina, CBRE Denmark's Head of Research and Sustainability Lead.

The infrastructure project that will have a major impact on Danish logistics

Denmark Denmark — CBRE expects the Fehmarnbelt Fixed Link to strengthen the Danish industrial and logistics sector. Dragana Marina, CBRE Denmark's Head of Research and Sustainability Lead, on the possible increased interest in Danish real estate.
Christian Fredrixon.

Cibus appoints new CEO: "A natural step"

Nordic — Cibus has found the successor to Sverker Källgården. The new CEO from mid-January will be Christian Fredrixon. Chairman of the board Patrick Gylling tells Nordic Property News why the choice fell on Christian Fredrixon, and Fredrixon himself talks about his new role, and gives his view on the company and the market.