Nrep makes new acquisition in Copenhagen.

Nrep acquires hotel property in Copenhagen

Denmark Denmark — Nrep has bought the Comfort Hotel on Vesterbrogade in Copenhagen from a company associated with the American investment fund Starwood Capital.
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”
Alma Property Partners closes new fund.

Alma closes Nordic real estate fund of EUR 350 million

Nordic — Alma Property Partners has raised almost EUR 350 million in capital commitments for Alma Property Partners III, the company's third opportunistic real estate fund. Alma focuses on value-creating investments in commercial properties and housing in Sweden, Finland, Denmark and Norway. The investors mainly include institutions from Sweden, Germany and Great Britain. The fund has an investment capacity of more than EUR 800 million.

Götenehus' shareholders adviced to turn down EHF's offer

Sweden Sweden — The independent bid committee of Götenehus Group unanimously recommends the shareholders of Götenehus not to accept the offer submitted by EHF.

Blackstone company makes logistics investment in Vantaa

Finland Finland — Mileway, owned by Blackstone, has bought a 4,100 sqm logistics property in the Koivuhaka area in Vantaa.
Nordic Property News presents the listed property companies' LTVs.

The companies with the highest LTVs in the Nordics

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies had in Q3 2023.
Lahti.

Kesko acquires land plots in Lahti

Finland Finland — Kesko has purchased two plots at Kauppakatu 16 in the city of Lahti from Luhta-Kiinteistöt Oy. The deal is part of Kesko’s growth strategy, which involves updating existing grocery stores and opening several new ones in Finnish growth centres in upcoming years.
Anders Danielsson, CEO of Skanska.

Skanska issues new green bonds worth about EUR 395 million

Sweden Sweden — Skanska has issued green bonds worth approximately SEK 4.5 billion to finance sustainable commercial real estate projects and other investments for climate transition. The issue generated substantial interest, attracting bids from around 40 investors.
Gothenburg skyline.

Office yields expected to continue rising in Sweden’s largest markets

Sweden Sweden — These are the yield development expectancies in Stockholm, Gothenburg and Malmö, according to SEPREF’s Q4 consensus forecast.
Fransesco Pupillo, MAPIC Markets Director.

Big interview: Highlights and news in this year’s MAPIC

Nordic — The annual retail fair MAPIC takes off next week. Francesco Pupillo, MAPIC Markets Director, shares what not to miss, the Nordic participation, what’s brand new, and the main focus for the organizer this year.
Hemsö.

Hemsö signs lease contract with City of Turku

Finland Finland — Turku International School is relocating to Hemsö’s property in the Kupittaa neighbourhood. The City of Turku has signed a 20-year lease agreement.
Malmö.

Prime office rent forecast for Sweden’s major cities

Sweden Sweden — The prognosis for prime office rents continues to rise in one of Sweden's largest citites, according to SEPREF’s consensus report.
Host property and Gelba Fastigheter form partnership with a portfolio of eight Swedish hotels.

Host Property and Gelba Fastigheter form partnership – portfolio of eight hotels

Sweden Sweden — Host Property has sold 51 percent of its shares to Gelba Fastigheter, keeping 49 percent ownership. Additionally, the company's bond loans have been refinanced.
Johan Knaust, CEO of K2A.

"Rough stretch for real estate companies – but we have a clear plan"

Sweden Sweden — K2A's CEO Johan Knaust tells Nordic Property News about the plans for the company, where he sees opportunities for new construction going forward and about the possibility for acquisitions for K2A.
Bonava.

Relief at Bonava as exit from Russia is completed: "Now we can focus on other things"

Nordic — It took 609 days between the decision to sell Bonava's subsidiary in St. Petersburg – until earlier this week they were able to announce that the deal had closed. And the tours have been many. Group Head of Press and Public Affairs Fredrik Hammarbäck tells Nordic Property News that the company now feels relieved to finally be able to focus on other things.
Per Nilsson, CEO of John Mattson.

New cost-saving measures underway for John Mattson

Sweden Sweden — Per Nilsson, CEO of John Mattson, recently presented the company's third quarterly report for 2023. In an interview with Nordic Property News, the CEO is no stranger to further corrections and austerities.
Peab renovates in Vantaa.

Peab renovates hotel in Vantaa

Finland Finland — Peab has been commissioned to renovate a hotel in Vantaa on the outskirts of Helsinki. The customer is Kiinteistö OY Haukipurontie (Keva) and the contract is worth EUR 13 million.
Helsinki.

Alma Media extends lease agreement in Helsinki

Finland Finland — Alma Media continues its lease agreement at the Alma Office Building in Helsinki.
NCC builds in Österåker.

NCC builds new treatment plant in Österåker

Sweden Sweden — NCC has been contracted by Roslagsvatten to build a new treatment plant in Österåker to secure wastewater treatment for Österåker Municipality and the City of Vaxholm.
The highest and lowest occupancy rates in Q3.

The companies with the highest and occupancy rates

Nordic — Nordic Property News presents a list of the current occupancy rates among the listed Nordic real estate companies.
Ylva Sarby Westman, CEO of Neobo.

Neobo looking to make divestments going forward

Sweden Sweden — With a continued relatively high vacancy rate and with an organization to some extent still affected by costs after almost a year as an independent company, there are remnants left in the SBB offshoot Neobo, according to CEO Ylva Sarby Westman.
SLP grows in Borås.

SLP makes acquisition in Borås

Sweden Sweden — SLP acquires upgradeable logistics property of 19,000 square meters and continues to grow in Borås.
NUMA Hallen in Oslo and Fredrik Berlin.

Fredrik Berlin appointed Nordic Expansion Director of NUMA Group

Nordic — NUMA Group has appointed Fredrik Berlin to the newly created position of Nordic Expansion Director.
Rutger Arnhult, CEO of Corem.

Corem signs new lease in Örebro

Sweden Sweden — Corem signs lease of 1,200 sqm with Tietoevry in Örebro Entré.
Tomas Carlsson, CEO of NCC.

NCC's targets for its new business area

Sweden Sweden — In order to meet the demands placed on large industrial investments, NCC chooses to launch the new business area Green Industry Transformation (GIT). CEO Tomas Carlsson tells Nordic Property News about the launch, which criteria need to be met for a project to be included in the new business area and how much GIT is supposed to make up within NCC going forward.
Fredrik Jagersjö Rosell and Panattoni's logistics development in Enköping.

First Panattoni building completed – but still lacking a tenant

Sweden Sweden — Panattoni has entered the Swedish market in a short time. Now the first building is ready and it now remains to find a tenant. Fredrik Jagersjö Rosell, Managing Director Sweden at Panattoni says that in that search they are influenced by the fact that the companies, unlike Panattoni themselves, are having difficulties making investment decisions.