Kungens Kurva shopping center.

Ingka Centres expands shopping center in Stockholm

Sweden Sweden — Ingka Centres announces new investment of around EUR 170 million into one of Scandinavia's busiest commercial areas.
Fredrik Sandell.

Fredrik Sandell appointed new Head of Finance at Rikshem

Sweden Sweden — Fredrik Sandell becomes the new Head of Finance at Rikshem. He joins from the property company Humlegården. Fredrik Sandell takes up his new position in October 2023 and replaces Christina Fernström.
Daniel Kjørberg Siraj, CEO of Obos.

Obos' CEO: "The market is not completely dark – but demanding"

Nordic — We have more tools and greater flexibility than most," says Obos CEO Daniel Kjørberg Siraj to Nordic Property News after the second quarterly report. The company reported a profit before tax in the second quarter of SEK 1,218 million, an increase from SEK 542 million from the year before. However, housing sales have more than halved.
Skanska.

Skanska envisions twelve tough months ahead

Nordic — During the last week of July, Skanska presented its second interim report for the year. Although building/construction reaches record levels, times are tough especially in housing development. Magnus Persson, CFO said that despite the increasing number of unsold homes is expected to increase and no projects being started, there are glimmers of light.
Jani Nieminen, CEO of Kojamo.

Kojamo starts savings program

Finland Finland — Kojamo is launching a savings program in light of the fact that the uncertainty prevailing in the financial and housing markets poses a significant risk to the company's profitability. In the company's Q2 report total revenue increased by just over 8 percent, while profit before tax fell to EUR 72 million.
Areim has recruited Martin Stenbjerg Jensen (left) to join the investment team in Denmark. To the right is Peter Frische, Head of Areim Denmark.

Areim strengthens the team in Denmark with Martin Stenbjerg Jensen

Denmark Denmark — Areim has recruited Martin Stenbjerg Jensen to join the investment team in Denmark. Martin joined Areim in August and will primarily be working with transactions in the Danish market, but also across the Nordics.
Markus Myllymäki, CEO of Toivo Group.

Major challenges on the Finnish residential market

Finland Finland — Toivo Group’s CEO Markus Myllymäki: “Only the best projects can be launched.”
Joakim Arvius, CEO Colliers Sweden.

Colliers Sweden is pushing forward with new recruitments

Sweden Sweden — Colliers is increasing its presence in the Nordics and Sweden. One step in being able to advance the positions is the recruitments that the company has made, to strengthen within letting and tenant service.
Wihlborgs.

Wihlborgs makes changes in nomination committee

Sweden Sweden — Länsförsäkringar Fondförvaltning appoints Johannes Wingborg as a member of the Nomination Committee for the Wihlborgs' 2024 AGM.
Lille Løren.

Veidekke builds more residential units in eastern Oslo

Norway Norway — Nordr and Selvaag Bolig have awarded Veidekke the contract to also build the third and final stage in the Lille Løren Park project in eastern Oslo.
Antti Muilu, country manager Niam Finland, and the acquired office premises.

Requirements for Niam when making office investments

Finland Finland — Antti Muilu, country manager Niam Finland, on the recent office acquisition in the booming Helsinki area, and why remote working has an important impact in decision making, going forward.
Nordic Property News lists the vacancy rates among the listed real estate companies in the Nordics.

Q2 2023: The companies with the highest and lowest vacancy rates

Nordic — Nordic Property News presents a list of the current vacancy rates among the listed Nordic real estate companies.
SLP.

SLP acquires property in logistics area

Sweden Sweden — SLP has, through a corporate transaction, acquired and taken possession of the property Vaggeryd Stödstorp 2:22 in Stigamo outside Jönköping.
Visualization image of the project.

AG Gruppen signs lease agreement with Movinn in Copenhagen

Denmark Denmark — Movinn and AG Gruppen have signed a long term master lease agreement on a 94 unit commercial development project in Copenhagen. The property is conceptually planned to have hotel / serviced apartments, a wellness area and shared workspace.
Vision image of Asuntosäätiö building.

YIT to create residential units in Helsinki area

Finland Finland — YIT has signed a contract with Asuntosäätiö to build residential building in Jätkäsaari, Helsinki. The value of the project to YIT is approximately EUR 16 million.

Co-founder leaves property investor – for the second time

Nordic — Returned back in 2014 – resigns from his position at the company once again.
The Nordic real estate companies’ dividend yields.

Updated Figures: 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.
Joakim Arvius, CEO Colliers Sweden.

Colliers makes recruitments to Swedish offices

Sweden Sweden — Colliers strengthens its teams in Stockholm and Gothenburg with five new talents. These new recruits will contribute to enhancing the company's presence and ability to deliver high-quality services within Leasing, Tenant Representation & Enterprise Clients, and Capital Markets.
The listed nordic real estate companies increased their stock market value during the summer.

The most valuable Nordic companies on the stock market

Nordic — Nordic Property News presents an updated list of the listed real estate companies' market capitalization after the summer trading. A strong July has caused several of the largest companies to increase by several billion.
Westfield Mall of Scandinavia.

No payment for Peab in Q3 after Mall of Scandinavia dispute

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. Unibail Rodamco Westfield has now petitioned the Swedish Court of Appeal to set aside the judgment in its entirety in a so-called protest action.
Markus Myllymäki, CEO of Toivo Group.

Toivo Group appoints Lago Kapital as liquidity provider

Finland Finland — Toivo Group Plc has entered into a Liquidity Providing (LP) agreement with Lago Kapital Ltd within the framework of Nasdaq First North Growth Market Finland rules for liquidity provision.
Peter Winther, Executive Director and Head of Capital Markets at Colliers Denmark, and Nyhavn, Copenhagen.

“Nobody expected such a low volume”

Denmark Denmark — Peter Winther, Executive Director and Head of Capital Markets at Colliers Denmark, on the transaction year so far in Denmark and his forecast for the rest of 2023.
The preference shares with the
highest yields on the stock exchange.

Fresh figures: The preference shares with the highest dividend yields

Nordic — Nordic Property News has listed the Nordic real estate companies’ preferred stocks. Which stock provides the highest yield and which stock has had the best development during 2023?
Stockholm.

Colliers: The price adjustment in the market is slow

Sweden Sweden — Most segments can count on a normalization of the price picture on the transaction market sometime in the first half of 2024 at the earliest, this is evident in Collier's latest Market Snapshot, among other things.
Nrep acquires an 80 percent stake in 7R SA, one of Poland’s largest logistics developers.

Nrep acquires majority stake in Polish company

Nordic — Nrep acquires an 80 percent stake in 7R SA, one of Poland’s largest logistics developers. Nrep invests approximately EUR 200 million into the company.