Patrick Gylling, Chairman of Cibus board.

Patrick Gylling comments the CEO change at Cibus: "The financial carries a lot of weight"

Nordic — Sverker Källgården leaves Cibus as CEO after four years. Cibus' chairman of the board, Patrick Gylling, explains why the decision is coming now and what they are looking for in a future CEO.
Sverker Källgården will leave his position as CEO of Cibus. The image is a montage.

Sverker Källgården on his time with and exit from Cibus

Nordic — Cibus is making a change at the very top. Sverker Källgården is stepping down as CEO and a successor is to be recruited. After the announcement, Sverker Källgården tells Nordic Property News about his feelings about leaving the company, how he views his time as CEO and how he views Cibus' status today, as well as his thoughts on his own future.
Niklas Ekvall, CEO of AP4.

AP4 increases holding in Logistea

Sweden Sweden — AP4 acquires more shares in Logistea.
Joachim Kuylenstierna.

Fastator sells shares for EUR 87 million

Sweden Sweden — In connection with the sale of directly and indirectly owned shares in Företagsparken, Fastator simultaneously regulates a guarantee undertaking. Buyers are two existing shareholders in Företagsparken. After the deal, Fastator will own 25 percent of Företagsparken, which has a balance sheet total of SEK 6.4 billion (EUR 583 million). The purchase price is SEK 38 (EUR 3.46) per share, which is the latest issue price adjusted for dividends.
Per Kiltgård.

Per Kiltgård joins Thylander as Partner and minority owner

Denmark Denmark — Danica’s former CEO, Per Klitgård, has become a Partner and minority owner at Thylander, acquiring a 10 percent ownership stake in the company.
Nordic Property News presents the top ten Nordic transactions within the logistics segment so far in 2023.

The top ten Nordic logistics transactions so far in 2023

Nordic — So far in 2023 the top ten logistics transactions in the Nordics have reached a total volume of approximately EUR 1.3 billion, making up about half the totalt transaction volume for logistics as a whole in the region so far this year. Nordic Property News presents the key figures behind the ten largest logistics deals up until July 2023.
Söderarm 11.

Mileway signs lease agreement in Malmö

Sweden Sweden — Mileway announces it has signed a lease agreement for a 5,700 sqm unit in Malmö with 3D Prima, a leading supplier of 3D printing products in Europe.
Axa IM extended its Nordic logistics footprint with c. EUR 125 million acquisition earlier this year, but in total the transaction volume for logistics in the Nordics has plummeted compared to 2022.

Dramatic drop for logistics transactions in the Nordics

Nordic — Logistics has been the third largest segment in Europe and the Nordics for the past three years, but transaction volume for logistics in the Nordics has plummeted so far in 2023, down 75 percent compared to 2022 according to the latest figures from Colliers. Here Nordic Property News dives in to the Nordic logistics market with the help of Colliers' latest figures and outlooks for the growing segment.
Daniel Tellberg.

Daniel Tellberg named new Finance Director at SBB

Sweden Sweden — SBB strengthens its group management by appointing Daniel Tellberg as Finance Director. Daniel Tellberg currently holds the position of interim Head of Group Accounting and will take on his new role from the 1st of September. Daniel Tellberg will gradually take over responsibilities from the departing CFO Eva-Lotta Stridh. With this change, the current recruitment process for a new CFO ends.
Axel Berke.

ABG Fastena recruits from New Property

Sweden Sweden — ABG Fastena has hired Axel Berke as Associate in Investor Relations.
These are the Nordic top buyers and sellers during H1.

The Nordic top buyers and sellers during H1

Nordic — The Nordic transaction market has been cool during the first half of the year and this is reflected when Nordic Property News compiles a list of which property companies that have bought and sold the most during the first six months of the year. More than a dozen companies have been completely inactive on the transaction side.
Rickard Langerfors. The image is a montage.

The next step for Klövern under the new CEO

Sweden Sweden — With Nrep as the new main owner, changes are being made to the CEO's chair in Klövern. The new CEO Rickard Langerfors tells Nordic Property News about the new position, the ambitious goals for Klövern and the accompanying challenges, in which markets the company wants to grow and about the possibility of new acquisitions.
Leiv Synnes, CEO of SBB.

SBB sells to Nykvarn Municipality

Sweden Sweden — SBBhas entered into an agreement to sell one property containing the town hall and nearby residential buildings in central Nykvarn to Nykvarn Municipality for SEK 191 million (EUR 17.4 million).
Kristina Sawjani.

Castellum divests properties in four cities

Sweden Sweden — Castellum has divested eight properties as part of four transactions in the areas of Haninge, Linköping, Malmö and Uddevalla. The sales prices totalled approximately SEK 430 million (EUR 39.2 million) less overheads and deferred tax of a total of SEK 25 million (EUR 2.27 million).
The future hospital in Vaasa.

Peab builds hospital in Vaasa for Senate Properties

Finland Finland — Peab has been commissioned to build a forensic psychiatric hospital with 48 care units in Vaasa. The customer is Senate Properties and the contract is worth EUR 26 million.
Gothenburg skyline.

Rising yields expected in Sweden’s largest markets

Sweden Sweden — Here are the yield development expectancies in Stockholm, Gothenburg and Malmö, according to SEPREF’s Q3 consensus forecast.
Mandatum adds a new piece to their team.

Mandatum appoints Senior Portfolio Manager

Sweden Sweden — Anton Alsö has been appointed to Mandatum's portfolio management organization as Senior Portfolio Manager for credit investments as of October 1, 2023.
Sampotalo in Turku.

Niam acquires iconic office building in Turku from Schroders Capital

Finland Finland — Schroders Capital divests Sampotalo, an iconic 10,400 sqm office property located on Turku's vibrant Yliopisokatu street, to Niam.
Rickard Langerfors, new CEO of Klövern.

Rickard Langerfors new CEO of Klövern

Sweden Sweden — Rickard Langerfors becomes the new CEO of residential company Klövern as of September 11 and replaces the current CEO, Patrik Mellgren. Rickard Langerfors joins from Nrep, Klövern's new majority owner.
Maryrose David.

"Foreign investors are waiting for more price adjustments"

Sweden Sweden — Savills' Head of Research Maryrose David sees that to a large extent the foreign investors are still waiting for a further price adjustment to take place in the Swedish transaction market before they start to get involved in deals. In addition, she explains why Sweden and Germany are the European countries most affected by dramatic losses in transaction volumes so far this year.
Illustration from previous stages of the Invernesshöjden project.

NCC builds apartments for Aros outside Stockholm

Sweden Sweden — NCC, in partnership with Aros Bostadsutveckling AB (Aros Bostad), is to construct 170 rental apartments in the third phase of the new Invernesshöjden residential block in Danderyd, north of Stockholm, Sweden. The order value is approximately SEK 300 million.
Minna Skyman.

Logistic Contractor appoints Country Manager

Finland Finland — Logistic Contractor has recruited Minna Skyman as Head of Finland. Today she works as CEO at Setterwalls' law firm in Gothenburg, but has previously worked for a total of 16 years at Skanska.
Almost all of the listed nordic real estate companies are traded at a discount on the stock exchange.

Discounts dominate among the Nordic real estate shares

Nordic — The listed Nordic real estate companies have now all submitted their reports for the first half of the year and it can still be concluded that according to the net asset values reported, almost all companies are traded at a discount on the stock exchange. Here Nordic Property News presents an updated list after the companies' Q2 reports.
Panattoni has obtained a 100,000 sqm land assignment agreement in Arboga.

Panattoni replenishes its portfolio – signs land assignment in Arboga

Sweden Sweden — Panattoni, Europe's largest developer of logistics and industrial properties, has several logistics properties under development in Mälardalen, Gothenburg, and southern Sweden. Now, the company has obtained a 100,000 sqm land assignment agreement in Arboga.
Peter Frische, Head of Denmark at Areim.

How Areim wants to gear up in Denmark

Denmark Denmark — After the key recruitment – Peter Frische, Head of Areim Denmark, on the current state on the Danish market, and investment targets ahead for Areim.