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Eslöv's distillery.

NCC Will Construct Residential Units and Offices in Southern Sweden

Sweden Sweden — In collaboration with Eslövs Bostads AB (Ebo), NCC is to construct residential units and offices in the former distillery (Sw: spritfabrik) in Eslöv. The order value is approximately SEK 320 million.
TOP 4 Nordic
Peter Wallin, CEO, and Jon Johnsson, CFO, at Bonava.
Nordic Nordic —
“We are really pleased with Bonava's regional exposure”
David Mindus, CEO of Sagax.
Nordic Nordic —
Sagax acquires seven properties
Nordic Nordic —
Areim exec exits the company
Henrik Bastman.
Nordic Nordic —
Following the acquisitions in Finland – Storebrand Real Estate looks at new opportunities
Tom Leahy, Head of EMEA Real Assets Analytics.

Office Transactions at All-Time Low in Europe

Nordic — Office investment has fallen to an all-time low in Europe and fewer office properties were sold in the first quarter of the year than during the financial crisis, MSCI Real Assets' latest report shows. Nordic Property News does a segment-by-segment review with the help of MSCI's chief analyst Tom Leahy.
Nordika hires three new employees in Finland.

Nordika Opens New Helsinki Office – Recruits Three Persons

Finland Finland — Nordika is establishing its own team and opening a new office in central Helsinki.
This is how the listed nordic real estate companies performed on the stock market during April.

Winners and Losers on the Stock Exchange in April

Nordic — It was a mixed bag in April for the real estate sector, with some strong climbers and some heavier bottomers. Nordic Property News presents a list of how the companies performed on the stock exchange during the fourth month of the year.
Kestutis Sasnauskas, CEO of Eastnine.

Eastnine Confident of MFG Sale: "Ongoing Discussions"

Nordic — Eastnine have had a hard time trying to sell its stake in the Russian fashion company Melon Fashion Group, a holding that accounts for almost a quarter of the company's assets. After the aborted deal in March, the company is now holding discussions with other potential buyers, and here CEO Kestutis Sasnauskas explains why he is confident that the company can be sold at the same level as was agreed in connection with the broken deal. He also comments on what must happen if a sale is not possible.
Eva Landén, CEO of Corem.

Corem Divests a Property in Denmark

Denmark Denmark — Corem has signed an agreement to divest a property outside Copenhagen at an underlying property value corresponding to SEK 290 million, which is in line with book value.
Wästbygg.

Wästbygg Lays Off 70 and Shuts Down Inwita Fastigheter

Sweden Sweden — Wästbygg plans to implement personnel cuts of approximately 70 positions. At the same time, Inwita Fastigheter, the group's company for management and ownership of self-developed community properties, is to be shut down.
Rutger Arnhult.

Rutger Arnhult on His Return as CEO of Corem

Sweden Sweden — More than ten years after he handed over CEO responsibility to Eva Landén, Rutger Arnhult returns as CEO of Corem - with Eva Landén as deputy CEO. For Nordic Property News, the industry veteran talks about his return, how he will lead the company and how he, as by far the largest owner, views his future holdings in the company.
Eva Landén, Patrik Essehorn and Rutger Arnhult.

Corem's Chairman: This Is the Reason for the Change in CEO

Sweden Sweden — Corem makes a change in CEO. Rutger Arnhult steps in as new CEO and Eva Landén moves to a role as Deputy CEO. Chairman of the board Patrik Essehorn tells Nordic Property News about the shift, about the work ahead and how the new top duo will lead the company.
Platzer becomes full owner of Gothenburg properties.

Platzer Acquires from JV with Bockasjö

Sweden Sweden — Platzer acquires the properties Sörred 7:21, Sörred 8:12 and Sörred 8:14 from the joint venture company Sörred Logistikpark for an underlying property value of SEK 1,478 million. Through the deal, Platzer once again becomes 100 percent owner of the three properties of roughly 90,000 square meters, which is in line with the previous agreement within the JV company with Bockasjö.

Tristan and Catella Fund Acquires Logistics Property

Finland Finland — AKR Tuotto Ky, managed by Auratum Kiinteistöt Oy, divested a logistics property in Hämeenlinna to a joint venture by EPISO 6.

Veidekke to Acquire Contractor in Østfold

Norway Norway — Veidekke has concluded an agreement to purchase all of the shares of contractor Haugerud Vikeby AS in Mysen.
Inlog makes logistics divestment to BlackRock.

BlackRock Acquires Logistics Property from Inlog

Sweden Sweden — Inlog has signed an agreement to sell a new large logistics property under construction in Norrköping to BlackRock.
Tom Leahy, Head of EMEA Real Assets Analytics.

This Is Where Sweden and Norway Are the Worst in Europe

Nordic — The Nordic duo, particularly Sweden, stand out in a negative sense as MSCI Real Assets details the European property market performance in Q1. Their latest report shows, among other things, that commercial real estate investment in Europe fell to an eleven-year low in the first quarter of this year, a run led by the office sector.
Ilija Batljan, CEO of SBB Norden.

The Three Paths' that SSB can Choose for Sveafastigheter

Sweden Sweden — At the end of February, SBB announced that it was investigating the possibility of listing the subsidiary Sveafastigheter - during last Friday's presentation of the Q1 report Ilija Batljan announced that there are two further choices the company can take regarding Sveafastigheter's future. SBB's CEO also comments on the continued sales ambition for 2023.
Biljana Pehrsson, CEO of Nordr in Sweden.

Nordr Buys Malmö Project

Sweden Sweden — Nordr acquires Skimra, one of the most talked about projects in central Malmö. Nordr takes over the progress of the project from Cormac with the ambition of completion in 2026.
Rutger Arnhult.

Rutger Arnhult Appointed CEO of Corem

Sweden Sweden — The Board of Directors of Corem has appointed Rutger Arnhult as CEO of the company, effective from 16 June 2023. He succeeds Eva Landén who will assume the role as Executive Vice President.
Peter Wallin, CEO, Bonava.

Bonava's CEO on the Challenging Market

Nordic — Still major challenges, but improvements are visible in some of the regions' portfolios. That's CEO Peter Wallin's words about this year's first quarterly report for Bonava can be summed up. "The results look good in terms of margins, with a few exceptions. The machinery works."

SBB Carries Out a Rights Issue of Class D Shares of SEK 2.63 Billion

Sweden Sweden — SBB announces its intention to carry out a rights issue of class D common shares of approximately SEK 2.63 billion.
Eva Landén, CEO of Corem.

Corem Signs Lease Contract in New York

Sweden Sweden — Corem has signed a lease contract for approximately 605 sq.m. of office space at the project property 1245 Broadway in New York.
Johan Skoglund, CEO of JM.

JM: The Stockholm and Finland Market is Most Affected by the Recession

Nordic — Wednesday evening 200 employees got the boot from JM. The day before the first quarterly report was presented. JM suffers from reduced purchasing power and a slowdown in construction, but CEO Johan Skoglund says that despite this, they hava achieved a record number of building permits.
Peab.

Peab to Renovate Helsinki School

Finland Finland — Peab has been commissioned to renovate the upper secondary school Lärkan in Helsinki. The customer is the City of Helsinki and the contract is worth EUR 18 million.
Sonja Horn, CEO at Entra.

Entra Aims for Further Sales Despite the Slow Market

Norway Norway — Entra, where Balder and Castellum are major owners, has now sold properties for SEK 2.3 billion, a little more than a third of the sales target of SEK 5.5 to 6 billion. In connection with the presentation of the Q1 report, CEO Sonja Horn commented more on how the divestment work is going in the challenging transaction market and explained why the vacancy rate increased during the first quarter.
Joacim Sjöberg.

Castellum Will Be Net Sellers in 2023

Sweden Sweden — When the Q4 report was released, it was unclear from Castellum's side whether they would be net sellers or net buyers in 2023 – but after the Q1 report released on Wednesday, it is now clear that they will be net sellers. The Entra holding is not for sale according to the company, and CEO Joacim Sjöberg tells Nordic Property News how they see the sales potential in the rest of their extensive portfolio.
Joakim Andersson.

Joakim Andersson Named New CFO of Slättö

Nordic — Joakim Andersson joins Slättö as new CFO. He has extensive experience from the Swedish investment company Kinnevik, where he held the position of CFO and Head of Strategy, among other roles, for 13 years. His most recent role was CFO at the software company Cint. At Slättö Joakim Andersson will be responsible for finance and IT, fund management and financing.