Entra.

Entra extends lease contract in Oslo

Norway Norway — Entra has renewed a lease contract for 5,500 sqm in Schweigaardsgate 6-14 (Galleri Oslo) with Galleri Akershus AS.
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”
Anne Breen, head of real estate at Abrdn.

Exclusive with the global investor – these are Abrdn's aims for the Nordics

Nordic — In the spring the global investment company Abrdn appointed long time employee Anne Breen as its new head of real estate. In an exclusive interview with Nordic Property News she reveals what the transactions strategy looks like under her helm, how they view real estate in the Nordics and what opportunities they see in a market that has plenty of sellers.
Blackstone.

Blackstone acquires logistics portfolio from Corem

Sweden Sweden — Corem Property Group has signed an agreement to divest a portfolio of 24 properties. The buyer is an entity owned by Blackstone-managed funds.
Martin Kron joins Vasakronan in the spring of 2024.

Vasakronan appoints new Head of Investments and Projects: "Sweden's leading real estate company"

Sweden Sweden — Vasakronan is strengthening its management team with Martin Kron, who in the spring of 2024 will step up as Head of Investments and Projects. Martin Kron tells Nordic Property News about leaving Skanska after 15 years, how he views Vasakronan and the role he will get there, about lessons the Swedish real estate industry can learn from the Finnish one and about the last time at Skanska.
Sanna Marin.

Sanna Marin gives the opening speech at Mipim 2024

Finland Finland — Mipim announces that Finland's former Prime Minister Sanna Marin will give the opening speech at the beginning of the four-day real estate fair, which will be held March 11-15, 2024.
Nordic Property News has taken a closer look at who owns most of the capital in the listed nordic real estate companies.

The largest owners in the Nordic listed companies

Nordic — Since the summer there have been some movements in the ownership list of the listed Nordic real estate companies. Nordic Property News has taken a closer look at who owns most of the capital in the companies.
Christopher Elgaard Jensen.

CBRE Capital Markets strengthens Danish team

Denmark Denmark — CBRE Capital Markets announces its latest addition to the Danish team as of 1 November. Christopher Elgaard Jensen, a recognized expert in real estate investment, has joined CBRE with the aim of strengthening the company's position in the market.
Christian Fladeland, Deputy CEO of Heimstaden.

Heimstaden's massive divestment plan

Nordic — In a new major plan, Heimstaden Bostad will turn its focus to the privatization of housing in five markets. The goal is to establish the BBB rating and pay off debts. When Christian Fladeland, Deputy CEO made his first presentation at the third quarterly report, the privatization was the big question and how this sale will affect the company.
Fiskeby retirement home.

Peab gets assignment in Norrköping

Sweden Sweden — Peab has been commissioned to build a new senior living facility in Norrköping. The customer is Norrköping Municipality and the contract is worth SEK 210 million.
JM gets residential assignment from Icecapital.

JM and Icecapital sign deal for residential development in Espoo

Finland Finland — JM Suomi and Icecapital Housing Fund VI Ky have signed an agreement on the development of a residential property in the Finnoo area in Espoo.
The property to be build.

Stendörren builds a 9,500 sqm logistics facility in Enköping

Sweden Sweden — Stendörren Fastigheter AB has signed a 10-year lease agreement with Advania Sverige AB regarding a logistics facility of 9,500 sqm on the property Stenvreten 8:37 in Enköping. The facility will be fully let through the lease agreement with Advania Sverige AB.
Founder Omid Noghabai.

New player sees possible transactions opening up with indebt companies

Sweden Sweden — With several real estate companies struggling with debt situations, new transactions could open up for smaller entrepreneurial companies like Liljebo. Founder Omid Noghabai tells Nordic Property News about the plans for Liljebo.
John Fredriksen makes new investments in Fabege.

John Fredriksen increases Fabege ownership

Nordic — John Fredriksen makes new investments in Fabege – passes threshold.
David Mindus, CEO of Sagax.

Sagax acquires properties in Spain and France

Sweden Sweden — Sagax has through 4 separate transactions acquired 10 properties for the equivalent of SEK 425 million.
Michiel Vrijman.

Heimstaden Bostad to divest 20 percent of Dutch portfolio

Nordic — Move part of wider plan to boost liquidity and defend rating, Bloomberg reports.
Nordic Property News has taken a look at the companies' market capitalization to see how much they are now worth.

The largest real estate companies on the Nordic stock exchanges

Nordic — Property stocks continue to struggle on the stock market and with report season having begun Nordic Property News has taken a look at the companies' market capitalization to see how much they are now worth.
Rutger Arnhult, CEO of Corem.

Corem signs LOIs for EUR 1 billion divestments

Nordic — Corem has signed letters of intent to divest properties at an agreed total property value of approximately SEK 12 billion (EUR 1.03 billion).
Wihlborgs.

Wihlborgs to construct building for Malmö University

Sweden Sweden — Wihlborgs has won the assignment from Malmö University to, in consultation with the university and the City of Malmö, design and construct buildings at the Malmö Amphitrite 1 property, to be leased in the future by the university.
Peab builds rental apartments in Malmö.

MKB and Peab build rental apartments in Malmö

Sweden Sweden — Peab has been commissioned to build rental apartments in Malmö. The customer is MKB Fastighets AB and the contract is worth SEK 408 million.
Sven-Olof Johansson, CEO of Fastpartner.

Sven-Olof Johansson: "A first interest rate cut from the Fed will come in Q1 2024 at the latest"

Sweden Sweden — Fastpartner's CEO, Sven-Olof Johansson, believes that the economic situation in the USA will soon have an effect in Sweden. “The next interest rate change will be a reduction, which will immediately have a positive effect on our results,” he says.
Jakob Fyrberg, CEO of Emilshus.

Emilshus turns its eyes to Östergötland and Halland

Sweden Sweden — Emilshus’ financial report for the third quarter of 2023 shows, among other things, a high dividend yield, strong cash flows and a high occupancy rate. “Emilshus is a stable property company, partly because we have long leases and stable property values ​​of seven billion,” says CEO Jakob Fyrberg.
Stefan Dahlbo, CEO of Fabege.

Dahlbo: Next indexation will probably be tougher for some tenants

Sweden Sweden — Fabege delivered a stable Q3 when the results were revealed on Thursday, but the net rental was negative and the value of the properties continues to be written down, this time by almost SEK 1.6 billion. CEO Stefan Dahlbo expects the indexed rent increase for 2024 to land around six percent, and he believes that this increase may be tougher for more tenants to cope with compared to the one for 2023.
Signe in Helsinki.

Blackstone's Sponda signs lease with PWC

Finland Finland — PWC signs lease at Sponda's project Signe ahead of work commencing.
Tom Ekman.

Tom Ekman leaves YIT

Finland Finland — Tom Ekman, EVP, Business Premises segment, has left YIT and will pursue his career outside of the company. He left YIT on 18 October 2023.
Peab rebuilds hospital in Värnamo, Sweden.

Peab rebuilds hospital in Jönköping County

Sweden Sweden — Peab has been commissioned to rebuild and add on to Värnamo Hospital. The customer is Regionsfastigheter in Jönköping County and the contract is worth SEK 214 million.