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Kristina Sawjani.

Castellum divests properties in four cities

Sweden Sweden — Castellum has divested eight properties as part of four transactions in the areas of Haninge, Linköping, Malmö and Uddevalla. The sales prices totalled approximately SEK 430 million (EUR 39.2 million) less overheads and deferred tax of a total of SEK 25 million (EUR 2.27 million).
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
The future hospital in Vaasa.

Peab builds hospital in Vaasa for Senate Properties

Finland Finland — Peab has been commissioned to build a forensic psychiatric hospital with 48 care units in Vaasa. The customer is Senate Properties and the contract is worth EUR 26 million.
Gothenburg skyline.

Rising yields expected in Sweden’s largest markets

Sweden Sweden — Here are the yield development expectancies in Stockholm, Gothenburg and Malmö, according to SEPREF’s Q3 consensus forecast.
Mandatum adds a new piece to their team.

Mandatum appoints Senior Portfolio Manager

Sweden Sweden — Anton Alsö has been appointed to Mandatum's portfolio management organization as Senior Portfolio Manager for credit investments as of October 1, 2023.
Sampotalo in Turku.

Niam acquires iconic office building in Turku from Schroders Capital

Finland Finland — Schroders Capital divests Sampotalo, an iconic 10,400 sqm office property located on Turku's vibrant Yliopisokatu street, to Niam.
Rickard Langerfors, new CEO of Klövern.

Rickard Langerfors new CEO of Klövern

Sweden Sweden — Rickard Langerfors becomes the new CEO of residential company Klövern as of September 11 and replaces the current CEO, Patrik Mellgren. Rickard Langerfors joins from Nrep, Klövern's new majority owner.
Maryrose David.

"Foreign investors are waiting for more price adjustments"

Sweden Sweden — Savills' Head of Research Maryrose David sees that to a large extent the foreign investors are still waiting for a further price adjustment to take place in the Swedish transaction market before they start to get involved in deals. In addition, she explains why Sweden and Germany are the European countries most affected by dramatic losses in transaction volumes so far this year.
Illustration from previous stages of the Invernesshöjden project.

NCC builds apartments for Aros outside Stockholm

Sweden Sweden — NCC, in partnership with Aros Bostadsutveckling AB (Aros Bostad), is to construct 170 rental apartments in the third phase of the new Invernesshöjden residential block in Danderyd, north of Stockholm, Sweden. The order value is approximately SEK 300 million.
Minna Skyman.

Logistic Contractor appoints Country Manager

Finland Finland — Logistic Contractor has recruited Minna Skyman as Head of Finland. Today she works as CEO at Setterwalls' law firm in Gothenburg, but has previously worked for a total of 16 years at Skanska.
Almost all of the listed nordic real estate companies are traded at a discount on the stock exchange.

Discounts dominate among the Nordic real estate shares

Nordic — The listed Nordic real estate companies have now all submitted their reports for the first half of the year and it can still be concluded that according to the net asset values reported, almost all companies are traded at a discount on the stock exchange. Here Nordic Property News presents an updated list after the companies' Q2 reports.
Panattoni has obtained a 100,000 sqm land assignment agreement in Arboga.

Panattoni replenishes its portfolio – signs land assignment in Arboga

Sweden Sweden — Panattoni, Europe's largest developer of logistics and industrial properties, has several logistics properties under development in Mälardalen, Gothenburg, and southern Sweden. Now, the company has obtained a 100,000 sqm land assignment agreement in Arboga.
Peter Frische, Head of Denmark at Areim.

How Areim wants to gear up in Denmark

Denmark Denmark — After the key recruitment – Peter Frische, Head of Areim Denmark, on the current state on the Danish market, and investment targets ahead for Areim.
On the left is an illustration from Regementsgatan with a view south towards the plan area. By demolishing the existing connection between the main building and the computer hall, a passage from Regementsgatan into the block can be created. The computer hall on the right in the picture is not included in the plan area. On the right is an illustration showing the possible design and use of the area west of the main building adjacent to the dining room that can be used as a restaurant.

Heimstaden's early vision for the classic Eon house

Sweden Sweden — Eon's old headquarters near the landmark property Kronprinsen in Malmö is to be converted into housing, commerce and offices. Now Heimstaden's vision for the building is starting to take shape and here you can see the first illustrations and read more about the content of the major investment.
Dan Valenzano and the property Bilen 1 in Nyköping that is part of Patrizia's portfolio acquisition from Alta Fastigheter.

Patrizia launches new Nordic logistics platform – these are the assets they are looking to acquire

Nordic — Patrizia launches a new Nordic logistics platform and makes its inaugural acquisition from Alta Fastigheter. Dan Valenzano, Patrizia Managing Director, Transactions, tells Nordic Property News about the new platform, the timing for the launch, the acquisition from Alta and what kind of logistics acquisitions Patrizia is looking to make going forward.
Christoffer Strömbäck.

Christoffer Strömbäck appointed Head of Investor Relations and Corporate Finance at Castellum

Sweden Sweden — Christoffer Strömbäck will assume his new role as Head of Investor Relations and Corporate Finance at Castellum in February at the latest. He joins Castellum from Fastator where he has been CFO.
The new Tourulan Pajala residential area.

YIT builds in Jyväskylä

Finland Finland — YIT to implement an apartment building for Koas in Jyväskylä, starting construction on the new Tourulan Pajala residential area.
Victor Persson, CEO of Doxa, and Ola Serneke, founder of Serneke and CEO of Serneke Invest.

Serneke concentrates the business – closes local offices up North

Sweden Sweden — Serneke Sweden is implementing changes in its contracting operations which will result in the Middle and North regions ceasing to be part of the company's regional structure.
Ola Serneke and Erik Selin.

Milestone reached for Karlatornet – long interview with Ola Serneke and Erik Selin

Sweden Sweden — The time has come for the first people to move into Karlatornet, the Gothenburg skyskraper that is the tallest building in the Nordics. For some, the wait has been long – especially for Ola Serneke. Nordic Property News was present when a tour of the entrance and the viewing apartment on the 25th floor was given. Balder's CEO Erik Selin was also in the apartment, who, like Ola Serneke, gave his view on the situation going forward.
Nöten 4.

Saab is Fabege's major tenant in Solna

Sweden Sweden — As informed on June 27th 2023 Fabege has signed a letter of intent regarding the letting of all floor space, approximately 66,000 sqm, in the property Nöten 4 located in Solna Strand. Fabege has now released the information that they signed the letter of intent regarding letting of Nöten 4 with Saab AB.
CXO Tiina Kuusisto to leave Kojamo.

CXO Tiina Kuusisto to leave Kojamo

Finland Finland — Upon mutual agreement, Tiina Kuusisto, a member of Kojamo plc management team since 2019, will not continue working for Kojamo. Her work obligation ends on August 23, 2023.
Joachim Kuylenstierna.

"We should be a growth company that make the shareholders rich"

Sweden Sweden — Fastator makes a familiar change at the top when founder and largest owner Joachim Kuylenstierna steps in and takes over as CEO. Kuylenstierna told Nordic Property News about the return to the CEO chair, Fastator's status, how the company should develop, about the misconceptions surrounding consolidation and why he does not want to make general statements about the market.
Patrizia acquires Swedish urban logistics portfolio.

Patrizia acquires Swedish urban logistics portfolio

Sweden Sweden — Patrizia has acquired a 10-property urban logistics portfolio in Sweden. The investment will form the significant seed portfolio in a EUR 300 million platform targeting the Nordic urban industrial and logistics market. Patrizia has created the platform as a strategic JV partnership with Broadgate Asset Management, a leading Nordic real estate operating partner.
Skanska builds the Midtbygda care home in Bergen.

Skanska builds care home in Bergen

Norway Norway — Skanska has signed a contract with the Municipality of Bergen to build Midtbygda care home in Bergen, Norway. The contract is worth NOK 548M (approximately EUR 47.5 million).
Catella CEO Christoffer Abramson.

Historic low transaction levels affect Catella on all fronts

Nordic — Transaction market on record low levels and large gaps between buyers and sellers is affecting Catella on all fronts. CEO Christoffer Abramson shares his analysis of the situation going forward and how he views the Swedish and Danish markets regarding their own projects.
Joachim Kuylenstierna.

Joacim Kuylenstierna returns to the CEO position at Fastator

Sweden Sweden — Fastator has appointed Joachim Kuylenstierna as the new CEO, while Svante Bengtsson returns to the role of Deputy CEO in the company.