Christian Brewaeys.

"We see a lot more movement in the retail industry"

Nordic — Steen & Strøm has appointed Christian Brewaeys as new CEO. He tells Nordic Property News about his new position, how he views the company’s Nordic position, whether acquisitions or divestments could be on the table and about his view of the development of the Nordic retail markets.
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”
Malmö Arena.

They could join Doxa – the arenas proposed to be dedicated for Eurovision

Sweden Sweden — Malmö Arena will host the heats and the final of next year's Eurovision Song Contest held in Malmö. But more premises are needed for such a huge event to be carried out, and the city office will therefore be tasked with negotiating venue agreements for the two other main arenas for the event. Nordic Property News gives you more details about the proposed arenas and the property owners.
Caroline Bertlin leaves the CEO position at Nordisk Renting. The image is a montage.

Caroline Bertlin steps down as CEO of Nordisk Renting

Nordic — Nordisk Renting announces that Caroline Bertlin has decided to leave her role as CEO. Caroline Bertlin will remain as CEO until the turn of the year and continue to support the business operationally during the first quarter of 2024. She will then continue to be a member of the board of the company and in this way the best possible transition is ensured. A process has been initiated to appoint a new CEO.
Aarhus.

DAFA Group sells its head office in Aarhus

Denmark Denmark — In a sale-leaseback transaction, the Danish industrial company DAFA Group has sold its head office in Brabrand near Aarhus, which consists of approx. 16,000 sqm production, office and warehouse.
Sveavägen 32–36.

Europa rents entire building to Ioffice

Sweden Sweden — Europa has agreed a new 10-year lease with serviced office provider, Ioffice, for the entirety of the 5,720 sq m of newly refurbished office space at 32-36 Sveavägen in Stockholm.
Simple illustration of the site where Obos will build his landmark building Stadsljus, what was formerly known as Gasklockan.

Obos' landmark takes on new momentum this autumn

Sweden Sweden — It is almost a year ago that Obos chose not to proceed with any of the architectural proposals they had received for the major project Stadsljus, formerly Gasklockan, in Norra Djurgårdsstaden. For Nordic Property News, Anna Grinneby, project development manager at Obos, talks about how the company continues to work on the extensive project and what lies ahead later this autumn.
Peter Wallin, CEO Bonava.

Bonava's Peter Wallin calm despite German market turmoil

Sweden Sweden — Bonava sells apartment stock and builds new ones in the Cologne area. This at the same time as the cancellations in housing construction increase to a new peak level and the uncertainty in the market is enormous, according to experts. But Bonava's CEO, Peter Wallin, still believes in Germany: "It is a large and multifaceted market that we know well."
Martin Bjöörn.

Martin Bjöörn appointed Portfolio Manager for retail strategy at Niam

Sweden Sweden — Martin Bjöörn has joined Niam as a Portfolio Manager and will focus on retail properties. With over 20 years of experience in the retail market Bjöörn will play an important role to seize the opportunities within the Nordic retail market.
Johan Knaust, CEO of K2A.

K2A signs lease contract with SHIS Bostäder

Sweden Sweden — K2A Knaust & Andersson Fastigheter has signed a three-year contract with SHIS Bostäder, the City of Stockholm’s social housing resource, regarding the leasing of 33 apartments in Vällingby, western Stockholm. The contract runs until August 2026.
Kerstin Gillsbro.

Kerstin Gillsbro resigns as CEO of Jernhusen

Sweden Sweden — Kerstin Gillsbro resigns as CEO of Jernhusen after 13 years at the helm. She will leave her position in the spring of 2024. Recruitment of a successor has been initiated.
Heimstadens situation is analyzed by Michael Johansson at Arctic Securities.

Heimstaden in need of capital: "I think they need to bring in close to SEK 25 billion"

Nordic — Analyst Michael Johansson at Arctic Securities is one of those who follows Heimstaden a little more closely, and for Nordic Property News he gives his views on the situation that has arisen in Heimstaden, which is in dire need of money. He talks about the biggest problems right now and how the company can solve its financing.
Niklas Zuckerman, CEO of Logistea, on Freyr's decision to terminate the agreement for a battery factory in Svenljunga, Sweden.

Zuckerman on the battery giant's sudden defection: "Caught of guard"

Sweden Sweden — During the past weekend, Logistea and Svenljunga municipality received the sudden announcement that the Norwegian battery giant Freyr chooses to end the cooperation agreement regarding the possible establishment of a battery factory in Svenljunga. "We were caught of guard," says Logistea's CEO Niklas Zuckerman to Nordic Property News and talks about Freyr's explanation for the sudden announcement, how the company is moving forward and what they still see as potential at the planned construction site.
The new facility in Hässleholm.

Peab builds swimming pool facility in southern Sweden

Sweden Sweden — Peab has been commissioned to build a new swimming pool facility in Hässleholm. The customer is Hässleholm Municipality and the contract is worth SEK 376 million.
The retail property.

Broman Group develops retail property in Espoo

Finland Finland — Broman Group develops a 3,000 sqm retail property in the Suomenoja area in Espoo.
Bonava.

Bonava divests residential units in Germany

Sweden Sweden — Bonava is selling 176 rental apartments in Cologne, Germany, to a fund of Bayer pension schemes. In addition, production of 38 homes for consumers is being started in the same neighbourhood.
Jenny Tuleby.

In the challenging environment: CBRE IM’s Nordic investment focus

Nordic — Jenny Tuleby, Head of Transactions and Investment Operations, Nordics, at CBRE IM, on her first year at the position, why she sees benefits for the investment manager on the transaction market, and in what segment CBRE IM aims to grow in the Nordics, going forward.
The largest deals in the Nordics, during August.

August 2023: The Nordic top transactions

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in August, 2023.
K-Fastigheter explores possibilites of divesting four properties in the Copenhagen area.

K-Fastigheter is considering divestments in Copenhagen

Denmark Denmark — K-Fastigheter is exploring the possibility of divesting a property portfolio in Denmark comprising four properties with a total of 311 apartments.
Niklas Zuckerman, CEO of Logistea, and Anders Nordvall, deputy CEO of Logistea.

Freyr terminates agreement with Logistea regarding battery factory

Sweden Sweden — Logistea has been informed by Freyr that it has resolved to end the ongoing work with a potential establishment of a battery factory in the municipality of Svenljunga. Consequently, the cooperation agreement between Logistea and Freyr will cease to apply between the parties with immediate effect.
Logicenters develops 29 000 sqm warehouse in Tampere.

Logicenters acquires site for development of warehouse

Finland Finland — Logicenters has acquired a new site of 58 000 sqm in Tampere. A state-of-the-art vacant property of 29 000 sqm is expected to be ready in the fourth quarter of 2024.
Moody's sees that the greatest risk can be found in commercial properties.

"At best, we won't see forced sales"

Nordic — During Sepref's seminar on the financing of real estate, Maria Gillholm, senior credit officer at Moody's, spoke about their view of the Swedish market and the challenges it faces. As long as the banks retain their appetite, there is nothing to worry about, she says.
Elias Georgiadis and Giannis Antetokounmpo.

International superstar becomes a partner in the Swedish real estate profile's company

Sweden Sweden — A Swedish property profile and an international superstar in business? It has become a reality in Greece, where Giannis Antetokounmpo's company invested in Stenhus owner Elias Georgiadis-owned Hellenic wineries. For Fastighetssverige, Elias Georgiadis talks about the deal with the world star, the success with the Greek real estate company Premia Properties and the situation on the Greek market.
A 15-year lease was also signed for the property with Ahlsell Sweden regarding an environmentally certified new construction covering approximately 60,000 square meters.

SLP takes ownership of property in Hallsberg

Sweden Sweden — SLP has today taken ownership of a property in Hallsberg of 280,000 square meters after the property formation has gained legal force.
Andreas Morfiadakis, CEO of Klarabo.

Klarabo rents out 1,600 sqm to the City of Malmö

Sweden Sweden — Klarabo has signed a five-year lease agreement for 1,600 sqm with the City of Malmö at Norra Bulltoftavägen 63. The property is located in Malmö city center and is, with the signing of this rental contract, fully let. The agreement will take effect on October 1, 2023.
Arninge centrum, which is owned by Genesta, is part of the energy project.

Genesta invests in batteries in collaboration with Stockholm Exergi

Sweden Sweden — Genesta is taking further steps into the sustainable energy solutions of the future and investing in property batteries at several of its properties. In collaboration with the energy company Stockholm Exergi, Genesta will contribute to balancing the electricity system with the innovative battery solution.