Image
Image
Hokksund school.

Skanska to build new school outside Oslo

Norway Norway — Skanska has signed a contract with the Municipality of Øvre Eiker to build a new school in Hokksund outside Oslo. The contract is worth NOK 477M, about SEK 480M.
TOP 4 Nordic
Peter Wallin, CEO, and Jon Johnsson, CFO, at Bonava.
Nordic Nordic —
“We are really pleased with Bonava's regional exposure”
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

Hoivatilat acquires four care properties

Finland Finland — Hoivatilat, owned by the Belgian investor Aedifica, acquires three care and one children's day-care development projects.
Äskatorp 4:26 och 4:9.

Catena acquires two logistics properties

Sweden Sweden — Catena has acquired two new-build properties in Fjärås, Kungsbacka, via a corporate transaction at an underlying property value of SEK 246 million before deduction of deferred taxes.
Safa Mahmoudi, managing partner at the firm TM & Partners.

"The proportion of 'failed transactions' has increased significantly"

Sweden Sweden — The renowned real estate lawyer Safa Mahmoudi has been promoted at TM & Partners and was recently appointed Managing Partner at the firm. He tells Nordic Property News more about the new role, why there has been higher activity on the transaction market than one might think and what the trends in the market look like ahead of autumn and winter.
Tobias Hansson and Mats Eriksson.

Castellum creates Hitachi Energy's new Swedish HQ

Sweden Sweden — Castellum and Hitachi Energy have signed a LOI to build Hitachi Energy's new Swedish headquarters of up to 25,000 square meters on Finnslätten in Västerås.
Christian Brewaeys, CEO of Steen & Strøm.

Christian Brewaeys named new CEO at Steen & Strøm

Nordic — Christian Brewaeys has been appointed as the new CEO of Steen & Strøm, Scandinavia's leading shopping center company, effective September 1, 2023. He succeeds Marie Caniac, who has been appointed Chief Operating Officer at Klépierre, majority owner of Steen & Strøm.
Christina Hambäck.

Christina Hambäck appointed new CEO of Qarlbo Property: "The company should grow"

Sweden Sweden — Qarlbo Property recruites Christina Hambäck as new CEO. She tells Nordic Property News about her new position, her view of the company she is joining, the goals for Qarlbo Property and how she will benefit from her long career in the property industry when she settles into the CEO's chair.
Jukka Rantanen, vd för Sb-Hem.

August was the strongest month on the housing market

Finland Finland — According to Jukka Rantanen, CEO of the real estate brokerage chain Sb-Hem, consumers have returned to the housing market in Finland after the quiet month of July. Rantanen shares his take to Nordic Property News, concerning the positive development.
This is how the listed nordic real estate companies performed on the stock market during August.

Winners and losers on the Nordic stock markets in August

Nordic — It was mostly a bleak month for the listed Nordic real estate companies during August, with the exception of Eastnine which rallied heavily after the sale of Russian company MFG. Here Nordic Property News presents a list of the companies' performance during the eighth month of the year.
Voimatalo.

Genesta acquires office property from Schroder Real Estate

Finland Finland — Genesta has acquired an office property located in Helsinki's dynamic Kamppi district from Schroder Real Estate KVG. The property has a total lettable area of approximately 9,300 square meters and is currently multi-let to 13 tenants. hich was launched in 2019.
Logicor to launch new development in Hakkila, Finland.

Logicor to develop logistics facilities in Hakkila

Finland Finland — Logicor will expand its logistics footprint in Finland through a new development in Hakkila, Vantaa.
Hemsö.

Hemsö's shareholders help finance investments in schools and nursing homes

Sweden Sweden — Hemsö’s shareholders make an equity injection of SEK 1.0 billion.
Patrick Gylling, Chairman of Cibus board.

Patrick Gylling comments the CEO change at Cibus: "The financial carries a lot of weight"

Nordic — Sverker Källgården leaves Cibus as CEO after four years. Cibus' chairman of the board, Patrick Gylling, explains why the decision is coming now and what they are looking for in a future CEO.
Sverker Källgården will leave his position as CEO of Cibus. The image is a montage.

Sverker Källgården on his time with and exit from Cibus

Nordic — Cibus is making a change at the very top. Sverker Källgården is stepping down as CEO and a successor is to be recruited. After the announcement, Sverker Källgården tells Nordic Property News about his feelings about leaving the company, how he views his time as CEO and how he views Cibus' status today, as well as his thoughts on his own future.
Niklas Ekvall, CEO of AP4.

AP4 increases holding in Logistea

Sweden Sweden — AP4 acquires more shares in Logistea.
Joachim Kuylenstierna.

Fastator sells shares for EUR 87 million

Sweden Sweden — In connection with the sale of directly and indirectly owned shares in Företagsparken, Fastator simultaneously regulates a guarantee undertaking. Buyers are two existing shareholders in Företagsparken. After the deal, Fastator will own 25 percent of Företagsparken, which has a balance sheet total of SEK 6.4 billion (EUR 583 million). The purchase price is SEK 38 (EUR 3.46) per share, which is the latest issue price adjusted for dividends.
Per Kiltgård.

Per Kiltgård joins Thylander as Partner and minority owner

Denmark Denmark — Danica’s former CEO, Per Klitgård, has become a Partner and minority owner at Thylander, acquiring a 10 percent ownership stake in the company.
Nordic Property News presents the top ten Nordic transactions within the logistics segment so far in 2023.

The top ten Nordic logistics transactions so far in 2023

Nordic — So far in 2023 the top ten logistics transactions in the Nordics have reached a total volume of approximately EUR 1.3 billion, making up about half the totalt transaction volume for logistics as a whole in the region so far this year. Nordic Property News presents the key figures behind the ten largest logistics deals up until July 2023.
Söderarm 11.

Mileway signs lease agreement in Malmö

Sweden Sweden — Mileway announces it has signed a lease agreement for a 5,700 sqm unit in Malmö with 3D Prima, a leading supplier of 3D printing products in Europe.
Axa IM extended its Nordic logistics footprint with c. EUR 125 million acquisition earlier this year, but in total the transaction volume for logistics in the Nordics has plummeted compared to 2022.

Dramatic drop for logistics transactions in the Nordics

Nordic — Logistics has been the third largest segment in Europe and the Nordics for the past three years, but transaction volume for logistics in the Nordics has plummeted so far in 2023, down 75 percent compared to 2022 according to the latest figures from Colliers. Here Nordic Property News dives in to the Nordic logistics market with the help of Colliers' latest figures and outlooks for the growing segment.
Daniel Tellberg.

Daniel Tellberg named new Finance Director at SBB

Sweden Sweden — SBB strengthens its group management by appointing Daniel Tellberg as Finance Director. Daniel Tellberg currently holds the position of interim Head of Group Accounting and will take on his new role from the 1st of September. Daniel Tellberg will gradually take over responsibilities from the departing CFO Eva-Lotta Stridh. With this change, the current recruitment process for a new CFO ends.
Axel Berke.

ABG Fastena recruits from New Property

Sweden Sweden — ABG Fastena has hired Axel Berke as Associate in Investor Relations.
These are the Nordic top buyers and sellers during H1.

The Nordic top buyers and sellers during H1

Nordic — The Nordic transaction market has been cool during the first half of the year and this is reflected when Nordic Property News compiles a list of which property companies that have bought and sold the most during the first six months of the year. More than a dozen companies have been completely inactive on the transaction side.
Rickard Langerfors. The image is a montage.

The next step for Klövern under the new CEO

Sweden Sweden — With Nrep as the new main owner, changes are being made to the CEO's chair in Klövern. The new CEO Rickard Langerfors tells Nordic Property News about the new position, the ambitious goals for Klövern and the accompanying challenges, in which markets the company wants to grow and about the possibility of new acquisitions.
Leiv Synnes, CEO of SBB.

SBB sells to Nykvarn Municipality

Sweden Sweden — SBBhas entered into an agreement to sell one property containing the town hall and nearby residential buildings in central Nykvarn to Nykvarn Municipality for SEK 191 million (EUR 17.4 million).