Ryhov County Hospital. The buildings in the front of the picture have previously been built by NCC for Region Jönköping, and the brown houses in the background are now to be renovated.

NCC gets renovation assignment for Ryhov hospital in Jönköping

Sweden Sweden — NCC is to modernize the Ryhov County Hospital through extensive refurbishment and renovation as part of its framework agreement with Region Jönköping. The project will be carried out as part of a strategic partnering agreement with an order value of approximately SEK 220 million.
TOP 4 Nordic
Johan Gyllberg.
Nordic Nordic —
Global hotel giant heads to Kvarnholmen in 20-year deal
The deteriorating outlook is being driven by a combination of stricter climate regulations, growing pressure from capital markets and increasing tenant demand for sustainable premises.
Nordic Nordic —
German investors warn of energy crisis in property portfolios as technology emerges as lifeline
Carl-Adam von Schéele.
Nordic Nordic —
Urban Partners launches first-of-its-kind fund to accelerate urban regeneration
Housing is singled out as the single most important factor behind the differences between European capitals. For families who rent, housing costs are by far the largest expense item (the people in the image have nothing to do with the text).
Nordic Nordic —
Stockholm among Europe’s most affordable capitals despite high housing costs
Kojamo CEO Jani Nieminen.

Kojamo has signed a new EUR 425 million term loan

Finland Finland — Kojamo has signed a new EUR 425 million term loan facility agreement linked to its sustainability targets together with five relationship banks.
Niclas Höglund, head of research at JLL.

Here's why the listed property companies will continue to struggle

Sweden Sweden — JLL Sweden's Head of Research Niclas Höglund on the dark month of October for det Swedish listed real estate companies and when we will see a much brighter trend, going forward.
Andreas Morfiadakis, CEO of Klarabo.

Klarabo extends existing loan until 2026

Sweden Sweden — Klarabo has extended an existing loan of SEK 365 million until the autumn 2026. The credit margin in the loan is below Klarabo's current average credit margin and at the same time the company extend its loan maturity to 2.4 years with the new loan.
Rutger Arnhult, CEO of Corem.

Corem's Rutger Arnhult: "The stars have aligned"

Nordic — Corem's CEO Rutger Arnhult answered questions when the company's interim report was presented yesterday. Among other things, he talked about the possible continued sale of the portfolio and about the net operating margin, which has improved compared to the previous year.
"The Stork Nest."

DEAS wins significant development project in Helsinki

Finland Finland — The property ‘Kätilöopisto' or 'Kättäri’ which has been the starting point of life for thousands of Helsinki's citizens, is now getting a new life itself. DEAS Asset Management has won a competition organized by The City of Helsinki to develop the area with ambitious visions.
Bonnier Fastigheter acquires from John Mattson.

John Mattson sells property in central Stockholm

Sweden Sweden — John Mattson has signed an agreement for the sale of the Klassrummet 1 property in central Stockholm. The price is based on an underlying property value of SEK 127.5 million (EUR 11.6 million) before deduction for latent tax. The buyer is Bonnier Fastigheter AB.
Erik Selin, CEO of Balder.

The heavyweights' different views on Entra holdings – Balder sees no need for a write-down

Nordic — Entra's two largest owners, Castellum and Balder, both submitted their Q3 reports on Friday, and there it appeared that they have different views on their holdings in the Norwegian real estate company. Castellum has chosen to make a write-down of close to SEK 0.5 billion, while Balder has chosen to leave the value unchanged. Balder’s CEO Erik Selin comments on Balder's view of the Entra holding and shares his view of the bond market.

Norwegian Property buys Telegrafen in Oslo

Norway Norway — As of 27 October, Norwegian Property (NPRO) has entered into an agreement to purchase 94.1 percent of the shares in Telegrafen Invest AS. The company is 100 percent owner of the property 'Telegrafen' at Kongens gate 21 in Oslo. The agreement has been concluded between NPRO Holding AS and the owners of Telegrafen Invest AS.
Johan Skoglund, CEO of JM.

JM has never seen such low margins

Nordic — JM has already seen a tough start to the year where the number of homes sold has more than halved, and as a result they had to give the staff a notice. If they don't increase sales during this last quarter, more notice may be required, says the CEO. Despite that, they believe in coming transactions and construction starts in the near future.
Kestutis Sasnauskas, CEO of Eastnine.

Eastnine ready to go against the grain: 'Exciting times ahead'

Nordic — Eastnine has a very stable financial position following the sale of the holding in Russian Melon Fashion Group and the redemption of Eastnine's only bond at the beginning of October. CEO Kestutis Sasnauskas summarizes a historic quarter for the company, which now aims to do the opposite of most other real estate companies and actually go on the offensive in the market. Here he explains more about how it could be done.
David Mindus, CEO of Sagax.

Sagax makes major portfolio investment in France

Sweden Sweden — Sagax has entered into an agreement with a world leader in construction and maintenance of transport infrastructures regarding a sale- and leaseback transaction concerning 47 properties in France.
Logicenters develops new property and signs lease with Royal Unibrew.

Logicenters develops new property in Horsens

Denmark Denmark — Logicenters invests heavily in Horsens – develops 41,500 sqm and signs agreement with Royal Unibrew.
Charlotta Wallman Hörlin and Henrik Lindekrantz.

Charlotta Wallman Hörlin is appointed new CEO of Intea

Sweden Sweden — Intea Fastigheter has appointed Charlotta Wallman Hörlin as the new CEO, effective January 1, 2024. She replaces Henrik Lindekrantz, who will continue in the role of strategic advisor to the company.
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.
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.