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Fredrik Jagersjö Rosell, CEO Panattoni Sweden.

Panattoni establishes itself in Gothenburg – will continue expansion in strategic locations

Sweden Sweden — Panattoni has acquired a property from Företagsparken with the possibility of building a logistics facility of approx. 14,300 square meters. Through the purchase, Panattoni strengthens its establishment in the Gothenburg region. Nordic Property News had a chat with Panattoni's Sweden CEO, Fredrik Jagersjö Rosell, about the investment and the plans going forward.
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

KKR and Mirastar enter Sweden – acquire last-mile logistics property

Sweden Sweden — KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a high-quality last-mile logistics property in Stockholm. This off-market acquisition is the first in Sweden for KKR and Mirastar.
Klædemålet 9.

Wihlborgs adds office building to Copenhagen portfolio

Denmark Denmark — Wihlborgs has acquired the Klædemålet 9, København Ø property, of 3 900 sqm, which is located adjacent to Wihlborg’s existing properties Lersø Parkallé 103-105 and 107.
Patrik Essehorn.

New capital-strong owner in place – this is the next step for Klövern

Sweden Sweden — Nrep are the capital-strong owners that Klövern sought after a tough start when, among other things, Corem was in a process of shedding off the housing segment, according to chairman Patrik Essehorn. At the same time, Corem, as one of the major owners, has been hit hard by extensive borrowing and high interest rates. Rutger Arnhult, Corem's CEO since a few weeks ago, tells Nordic Property News that Klövern will now be able to accelerate much faster than the company would otherwise have been able to do.
Catena accelerates its project capacity through the acquisition of Bockasjö.

Catena acquires Bockasjö

Sweden Sweden — Catena has signed an agreement to acquire Bockasjö AB, one of Sweden’s most successful developers in the logistics property segment. In connection with the deal, which will close in October 2023, Catena will issue new shares as part of the purchase price.
Already this year, Klövern should now be able to start building 800 apartments in Kista, says Rickard Langerfors, head of housing at Nrep.

Nrep wants to change the industry through the purchase of Klövern

Sweden Sweden — Nrep flexes its muscles in the housing market by buying 51 percent of Klövern for SEK 2.5 billion. Now Nrep wants to turn the tide that housing construction has found itself in by making Klövern one of the largest housing companies in Sweden, Nrep's head of housing Rickard Langerfors says to Nordic Property News.
Avicii Arena, formerly known as Stockholm Globe Arena.

Avicii Arena to be renovated by NCC

Sweden Sweden — NCC is to renovate and modernize Avicii Arena, Stockholm Globe Arena, in Stockholm. The assignment is a turnkey contract in partnering form with Stockholm Globe Arena Fastigheter AB (SGA Fastigheter), which is wholly owned by the City of Stockholm. The order value is approximately SEK 700 million.

Corem divests two properties in Sigtuna and Kalmar

Sweden Sweden — In two separate deals, Corem has signed agreements for the sale of two properties at an underlying property value of SEK 164 million (EUR 14.9 million), which is in line with book value.
This is how the nordic real estate companies performed on the stock exchange during the month of June.

Mixed fortunes in June for Nordic real estate stocks

Nordic — June was a mixed month for the Nordic listed real estate companies, although it was more red than green. Here Nordic Property News presents a list of the companies' performance on the stock exchange during the sixth month of the year.
Eskilstuna logistikpark.

Logicenters acquires major logistics portfolio

Sweden Sweden — Bockasjö, Kilenkrysset and Kilenkrysset Sweden are selling five properties with a total leasable area of approximately 120,000 square meters and land of 16,000 square meters at an underlying property value of just over 2 billion SEK to Logicenters.
Rune Kock, CEO of Nrep, and Rutger Arnhult, CEO of Corem.

Nrep becomes the new main owner in Klövern – invests EUR 550 million

Sweden Sweden — Corem Property Group, Alm Equity and Broskeppet Bostad, which together own the housing company Klövern, have today agreed with the property investor Nrep on the sale of 51 percent of the shares in Klövern for approximately SEK 2.5 billion, including a dividend. NREP also undertakes to invest a further total of approximately SEK 4 billion in Klövern over time, through directed share issues.
Linus Nilsson, Sofia Folstad, Leiv Synnes, Erik Toivanen and Rutger Arnhult.

Nordic Top Recruitments in Q2

Nordic — As several top positions on the Nordic real estate market has gotten filled, Nordic Property News takes a closer look at the hottest Nordic recruitments in Q2.
Peab.

Peab wins six year old dispute over Unibail Rodamco Westfield

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. The judgement entails a positive effect on Peab’s operating profit by SEK 400 million in the second quarter.
Anders Danielsson, CEO of Skanska.

Skanska order in USA cancelled

Sweden Sweden — Skanska announces order cancellation in Massachusetts, USA, worth USD 112M, about SEK 1.2 billion.

YIT divests residential units within the group

Finland Finland — YIT sells 190 apartments in Finland to its joint venture’s rental housing portfolio.
Peab builds logistics facilities in Helsingborg.

Peab to build logistics assets in Helsingborg for Catena

Sweden Sweden — Peab has been commissioned to build three logistics facilities in Helsingborg. The customer is Catena and the contract is worth SEK 700 million.
The Nordic real estate companies’ dividend yields.

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.
Catarina Molén-Runnäs, Head of NCC Building Nordics.

How NCC is constructing buildings with high safety levels

Norway Norway — Catarina Molén-Runnäs, Head of NCC Building Nordics, on the major order in Bærum, the work along with the authorities, and why NCC will succeed in a complex process.
Malmö

Region Skåne wants to buy back properties from SBB

Sweden Sweden — Primary care, public dental care, psychiatry Simrishamn hospital are some of the activities that Region Skåne has in SBB's properties. Now comes a proposal from the Social Democrats in Region Skåne to buy off the properties. Henrik Fritzon (S) believes that the crisis in SBB focuses on a weakness in Scania's healthcare.
Ewa Wassberg.

Balder updates its green financing framework

Sweden Sweden — The updated green financing framework sets a standard for green financing. The green financing framework has been designed to provide Balder with a range of green financing opportunities and is based on third-party certified properties and ambitious goals for energy consumption.
Veidekke to build Kvam upper secondary school in Norheimsund.

Veidekke to build upper secondary school

Norway Norway — After completing the interaction phase, Veidekke has been awarded the contract to build the new Kvam upper secondary school with a cinema and library in Norheimsund.
Nöten 4.

Fabege signs lease LOI of 66,000 sqm

Sweden Sweden — The letter of intent covers the letting of all floor space in the property Nöten 4, which is located in Solna Strand.
Kim Särs, Trevian's Business Director of Residential real estate.

Trevian: “We will be well prepared for better times”

Finland Finland — Kim Särs, Trevian's Business Director of Residential real estate, on the residential development in Helsinki CBD, the housing need in Finland and upcoming investment opportunities in the challenging market.

Strongest transaction month in 2023

Nordic — Colliers’ latest monthly report shows that May was the best transaction month so far this year on the Nordic market. Deals were made for close EUR 1.8 billion. Nordic Property News takes a closer look at the figures.
Titania's CEO Einar Janson and K-Fastigheter's CEO Jacob Karlsson.

Titania and K-Fastigheter create JV

Sweden Sweden — K-Fastigheter has signed a Letter of Intent with Titania for a Joint Venture regarding a building right in Vallentuna comprising 74 apartments.