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Visualization image of the project.

AG Gruppen signs lease agreement with Movinn in Copenhagen

Denmark Denmark — Movinn and AG Gruppen have signed a long term master lease agreement on a 94 unit commercial development project in Copenhagen. The property is conceptually planned to have hotel / serviced apartments, a wellness area and shared workspace.
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
Vision image of Asuntosäätiö building.

YIT to create residential units in Helsinki area

Finland Finland — YIT has signed a contract with Asuntosäätiö to build residential building in Jätkäsaari, Helsinki. The value of the project to YIT is approximately EUR 16 million.

Co-founder leaves property investor – for the second time

Nordic — Returned back in 2014 – resigns from his position at the company once again.
The Nordic real estate companies’ dividend yields.

Updated Figures: The dividend yields among the Nordic stocks

Nordic — Nordic Property News presents which of the listed Nordic construction and real estate companies that have the best yields. Here is the complete list.
Joakim Arvius, CEO Colliers Sweden.

Colliers makes recruitments to Swedish offices

Sweden Sweden — Colliers strengthens its teams in Stockholm and Gothenburg with five new talents. These new recruits will contribute to enhancing the company's presence and ability to deliver high-quality services within Leasing, Tenant Representation & Enterprise Clients, and Capital Markets.
The listed nordic real estate companies increased their stock market value during the summer.

The most valuable Nordic companies on the stock market

Nordic — Nordic Property News presents an updated list of the listed real estate companies' market capitalization after the summer trading. A strong July has caused several of the largest companies to increase by several billion.
Westfield Mall of Scandinavia.

No payment for Peab in Q3 after Mall of Scandinavia dispute

Sweden Sweden — A decision in the case between Peab and Unibail Rodamco Westfield regarding the contract for Mall of Scandinavia in Solna was handed down on June 30, 2023. Unibail Rodamco Westfield has now petitioned the Swedish Court of Appeal to set aside the judgment in its entirety in a so-called protest action.
Markus Myllymäki, CEO of Toivo Group.

Toivo Group appoints Lago Kapital as liquidity provider

Finland Finland — Toivo Group Plc has entered into a Liquidity Providing (LP) agreement with Lago Kapital Ltd within the framework of Nasdaq First North Growth Market Finland rules for liquidity provision.
Peter Winther, Executive Director and Head of Capital Markets at Colliers Denmark, and Nyhavn, Copenhagen.

“Nobody expected such a low volume”

Denmark Denmark — Peter Winther, Executive Director and Head of Capital Markets at Colliers Denmark, on the transaction year so far in Denmark and his forecast for the rest of 2023.
The preference shares with the highest yields on the stock exchange.

Fresh figures: The preference shares with the highest dividend yields

Nordic — Nordic Property News has listed the Nordic real estate companies’ preferred stocks. Which stock provides the highest yield and which stock has had the best development during 2023?
Stockholm.

Colliers: The price adjustment in the market is slow

Sweden Sweden — Most segments can count on a normalization of the price picture on the transaction market sometime in the first half of 2024 at the earliest, this is evident in Collier's latest Market Snapshot, among other things.
Nrep acquires an 80 percent stake in 7R SA, one of Poland’s largest logistics developers.

Nrep acquires majority stake in Polish company

Nordic — Nrep acquires an 80 percent stake in 7R SA, one of Poland’s largest logistics developers. Nrep invests approximately EUR 200 million into the company.
SBB.

SBB shares clarification regarding Q2 report

Sweden Sweden — An editing error in the balance sheet was noticed. SBB corrects the mistake.
Gothenburg.

K-Fastigheter's targets for the Gothenburg market

Sweden Sweden — In recent months, K-Fastigheter has increased its building rights portfolio through several acquisitions, most recently at the end of June when it bought from Serneke. Johan Hammarqvist, Head of IR and Communications, tells Nordic Property News about the investment in Gothenburg, the view of the Gothenburg market, where you want to grow and what organization you want to build in the city.
Which companies are the winners and which are the losers on the stock market in July?

Strong figures among the Nordic shares in July

Nordic — Nordic Property News presents a list of the companies' performance on the stock exchange during the seventh month of the year.

YIT signs expansion contract for school

Finland Finland — YIT has signed an agreement with the City of Vantaa on the implementation of the Kannisto school expansion and spatial reorganisation. The value of the agreement is approximately EUR 19 million.
The Moxy hotel in Tromsø.

Moxy hotel in Tromsø receives sustainability certification

Norway Norway — The Green Key certificate is a commitment to comply with strict criteria, enabling companies to ensure they operate hotels sustainably. The newly opened Moxy Tromsø hotel has now received the Green Key certification.

"The interest rate is here to stay"

Sweden Sweden — Nick Axford, Chief Economist at Avison Young participated in the Capital Markets Days in Båstad where he gave his view on how the global economy is now setting a new but old standard for how the real estate market will work going forward.
Michael Berglin, former CEO of Serneke.

Michael Berglin leaves Serneke

Sweden Sweden — After eleven years at Serneke, Michael Berglin has now left the company and his role as CEO. For Nordic Property News, he comments on the decision.
The facade of Lyrra.

Niam acquires office building in Helsinki area

Finland Finland — The joint venture between Ylva and pension insurance company Varma has sold an office building located on the Lyyra block in Hakaniemi, Helsinki to Niam.
Helsinki.

Toivo starts new residential building projects

Finland Finland — Toivo Group has launched a total of 4 new residential building projects covering a total of 76 apartments.
Matthias Kettelhoit, Head of Logicenters.

Matthias Kettelhoit on logistics properties: "Absolutely no crisis - but we have passed the peak"

Nordic — According to Matthias Kettelhoit, Head of Logicenters, NREP's logistics platform, the pace of expansion of logistics companies will soon begin to slow down. At the same time, he sees no crisis in the logistics industry: "I don't think we have signed as many contracts as we did in the first half of 2023."
Kestutis Sasnauskas, CEO of Eastnine.

Eastnine completes Russian divestment

Nordic — Eastnine has entered into an agreement to sell its entire investment in the Russian fashion retailer Melon Fashion Group (MFG). The purchase price for Eastnine’s shares is approximately RUB 15.6 billion corresponding to approximately EUR 149 million.
SBB.

SBB considers IPO of residential business

Sweden Sweden — SBB is considering carving out its entire residential business with a portfolio of SEK 36.5 billion (EUR 3.2 billion) for an initial public offering, according to sources to Bloomberg news.
Henrik Mitelman.

"A return to normality after the madness"

Sweden Sweden — During the Capital Markets Days in Båstad earlier in July, Henrik Mitelman, independent analyst, columnist for Dagens Industri and formerly head of analysis at SEB, spoke about where he thinks the economy is headed. Is it a bump in the road we are experiencing – or is it time we woke up to a new reality?