On the left is an illustration from Regementsgatan with a view south towards the plan area. By demolishing the existing connection between the main building and the computer hall, a passage from Regementsgatan into the block can be created. The computer hall on the right in the picture is not included in the plan area. On the right is an illustration showing the possible design and use of the area west of the main building adjacent to the dining room that can be used as a restaurant.

Heimstaden's early vision for the classic Eon house

Sweden Sweden — Eon's old headquarters near the landmark property Kronprinsen in Malmö is to be converted into housing, commerce and offices. Now Heimstaden's vision for the building is starting to take shape and here you can see the first illustrations and read more about the content of the major investment.
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”
Dan Valenzano and the property Bilen 1 in Nyköping that is part of Patrizia's portfolio acquisition from Alta Fastigheter.

Patrizia launches new Nordic logistics platform – these are the assets they are looking to acquire

Nordic — Patrizia launches a new Nordic logistics platform and makes its inaugural acquisition from Alta Fastigheter. Dan Valenzano, Patrizia Managing Director, Transactions, tells Nordic Property News about the new platform, the timing for the launch, the acquisition from Alta and what kind of logistics acquisitions Patrizia is looking to make going forward.
Christoffer Strömbäck.

Christoffer Strömbäck appointed Head of Investor Relations and Corporate Finance at Castellum

Sweden Sweden — Christoffer Strömbäck will assume his new role as Head of Investor Relations and Corporate Finance at Castellum in February at the latest. He joins Castellum from Fastator where he has been CFO.
The new Tourulan Pajala residential area.

YIT builds in Jyväskylä

Finland Finland — YIT to implement an apartment building for Koas in Jyväskylä, starting construction on the new Tourulan Pajala residential area.
Victor Persson, CEO of Doxa, and Ola Serneke, founder of Serneke and CEO of Serneke Invest.

Serneke concentrates the business – closes local offices up North

Sweden Sweden — Serneke Sweden is implementing changes in its contracting operations which will result in the Middle and North regions ceasing to be part of the company's regional structure.
Ola Serneke and Erik Selin.

Milestone reached for Karlatornet – long interview with Ola Serneke and Erik Selin

Sweden Sweden — The time has come for the first people to move into Karlatornet, the Gothenburg skyskraper that is the tallest building in the Nordics. For some, the wait has been long – especially for Ola Serneke. Nordic Property News was present when a tour of the entrance and the viewing apartment on the 25th floor was given. Balder's CEO Erik Selin was also in the apartment, who, like Ola Serneke, gave his view on the situation going forward.
Nöten 4.

Saab is Fabege's major tenant in Solna

Sweden Sweden — As informed on June 27th 2023 Fabege has signed a letter of intent regarding the letting of all floor space, approximately 66,000 sqm, in the property Nöten 4 located in Solna Strand. Fabege has now released the information that they signed the letter of intent regarding letting of Nöten 4 with Saab AB.
CXO Tiina Kuusisto to leave Kojamo.

CXO Tiina Kuusisto to leave Kojamo

Finland Finland — Upon mutual agreement, Tiina Kuusisto, a member of Kojamo plc management team since 2019, will not continue working for Kojamo. Her work obligation ends on August 23, 2023.
Joachim Kuylenstierna.

"We should be a growth company that make the shareholders rich"

Sweden Sweden — Fastator makes a familiar change at the top when founder and largest owner Joachim Kuylenstierna steps in and takes over as CEO. Kuylenstierna told Nordic Property News about the return to the CEO chair, Fastator's status, how the company should develop, about the misconceptions surrounding consolidation and why he does not want to make general statements about the market.
Patrizia acquires Swedish urban logistics portfolio.

Patrizia acquires Swedish urban logistics portfolio

Sweden Sweden — Patrizia has acquired a 10-property urban logistics portfolio in Sweden. The investment will form the significant seed portfolio in a EUR 300 million platform targeting the Nordic urban industrial and logistics market. Patrizia has created the platform as a strategic JV partnership with Broadgate Asset Management, a leading Nordic real estate operating partner.
Skanska builds the Midtbygda care home in Bergen.

Skanska builds care home in Bergen

Norway Norway — Skanska has signed a contract with the Municipality of Bergen to build Midtbygda care home in Bergen, Norway. The contract is worth NOK 548M (approximately EUR 47.5 million).
Catella CEO Christoffer Abramson.

Historic low transaction levels affect Catella on all fronts

Nordic — Transaction market on record low levels and large gaps between buyers and sellers is affecting Catella on all fronts. CEO Christoffer Abramson shares his analysis of the situation going forward and how he views the Swedish and Danish markets regarding their own projects.
Joachim Kuylenstierna.

Joacim Kuylenstierna returns to the CEO position at Fastator

Sweden Sweden — Fastator has appointed Joachim Kuylenstierna as the new CEO, while Svante Bengtsson returns to the role of Deputy CEO in the company.
Aktiespararnas analyst Robert Andersson on SBB's struggles on the stock market and the company's pressured position.

Major stock drop for SBB: "A dysfunctional company given the interest rates"

Sweden Sweden — SBB's B share plummeted over 16 percent on Monday and continued to drop slightly during Tuesdays early trading. On Monday evening the credit rating institute Fitch announced that it has lowered SBB's credit rating another five notches, down to B- from the previous BB+. Aktiespararnas analyst Robert Andersson says that SBB in its current form is a dysfunctional company given today's interest rates. "Either the company has to change or it will go under," he tells Nordic Property News.
Gothenburg.

Hemsö acquires school in Gothenburg

Sweden Sweden — Odinsskolan is a historic school building in central Gothenburg with an attractive location. The building has a lettable area of approximately 4,000 square meters and the investment amounts to approximately SEK 170 million (approximately EUR 14 million).
The new police building that is set to be built in Västerås, Sweden, in a joint collaboration between SBB and K2A.

Swedish police agency wants to terminate lease agreement with SBB and K2A

Sweden Sweden — The police authority wants to leave the agreement regarding the construction of the new police station in Västerås, and the reason stated is that the costs have dragged on, something that the local newspaper VLT was the first to report on. The construction is run by the company Slaggborn, which is owned 50/50 by K2A and SBB, but from the contractor's side they put a lid on the situation and the company's project manager Per Högdin leaves only one comment to Nordic Property News.
Per Nilsson, CEO of John Mattson.

Full focus on interest hedging in John Mattson

Sweden Sweden — John Mattson sees conditions to be able to make more transactions if needed CEO Per Nilsson says. Beside making a number of divestments during the year, the company has now put forward a plan to reduce the amount of electricity purchased in order to lower the cost and at the same time increase the property value.
Helsinki.

Slättö expands in Finland – partnering in hospitality segment

Finland Finland — Slättö continues its growth in Finland and expands its portfolio within the hospitality segment. The investment is made in collaboration with tech-powered, short-term rental operator Bob W in a brown-to-green refurbishment in Kasarmikatu 40, central Helsinki.
Eva-Lotta Stridh.

SBB's CFO leaves the company

Sweden Sweden — SBB announces that CFO and Deputy CEO Eva-Lotta Stridh has decided to leave her position. Eva-Lotta Stridh has been the CFO of SBB since 2016 and will remain in her position during the period of notice of three months.
Danske Bank's office at Norrmalmstorg in Stockholm.

Danske Bank extends lease with Hufvudstaden

Sweden Sweden — Danske Bank is extending its lease agreement with Hufvudstaden, which will see the bank remain at its iconic 1930s site at Norrmalmstorg 1 in Stockholm.
Genesta founder Anders Palmgren.

The founder leaves Genesta – for the last time

Nordic — Genesta is an independent property fund company with a focus on commercial properties in the Nordics. It is also the company that Anders Palmgren co-founded almost exactly 20 years ago. Close to the anniversary, however, it is clear that the partner and senior director with a focus on transactions and capital raising will leave his post. Nordic Property News had a conversation with him about why he came to the decision.
Kojamo CEO Jani Nieminen during the presentation of the company's 2Q report.

Kojamo could lay off up to 80 employees

Finland Finland — In yesterdays Q2 report, Kojamo announced that they are launching a savings program with the aim of maintaining the company’s profitability. During the presentation of the report, CEO Jani Nieminen said among other things that the measures could lead to a maximum of 80 employees being laid off from the company.
Savills IM appoints new head of Equity Investments in UK and Europe.

Savills IM appoints new head of Equity Investments in UK and Europe

Nordic — Kevin Aitchison is appointed to the new role of Managing Director, replacing Kiran Patel, Deputy CEO and Global CIO, who is set to retire in 2024 and assume an advisory role.
Kestutis Sasnauskas, CEO of Eastnine.

Eastnine completes currency exchange of MFG settlement

Nordic — Eastnine has carried out currency exchange of the purchase price received from the sale of the holding in the Russian fashion chain Melon Fashion Group (MFG). After exchange the amount is approximately EUR 144 million.
Corem and Alm Equity have now sealed the Klövern-deal with Nrep.

Corem and Alm Equity seals the Klövern-deal with Nrep

Sweden Sweden — The deal that was communicated on July 3 between Nrep and Corem Property Group, Alm Equity and Broskeppet Bostad was carried out on Thursday, according to two separate press releases from Corem and Alm Equity.