Michael Moschewitz, CEO of Genova Property Group.

Genova leases 5,000 sqm to Altris

Sweden Sweden — Genova has signed a 15-year lease in the property Söderhällby 1:9 in Uppsala for approximately 5,000 square meters with an annual rental value of approximately SEK 9 million (EUR 783,000). The lease is signed with Altris.
TOP 4 Nordic
Kristina Alderin.
Nordic Nordic —
Nordika appoints new Investment Director
These are the winners and losers on the Nordic stock market during August 2026.
Nordic Nordic —
Winners and losers on the stock market in August
Nordic Nordic —
The Nordic companies with the lowest ICRs
Nordic Nordic —
Urban Partners brings on key-player – makes senior hire from Savills IM
Odevo's CEO, Daniel Larsson.

Odevo's CEO: "Not impossible that we will start looking at new markets soon"

Nordic — In connection to the British property group Vegner and the two Finnish property managers ISTO and M3 Isännöinti joining the Ovedo group, Nordic Property News spoke with the rapidly growing company's CEO, Daniel Larsson, who does not rule out further expansion.
JM sells in Bromma.

JM sells investment properties in Stockholm

Sweden Sweden — JM has signed an agreement for the sale of investment properties located at Brommaplan in Bromma, Stockholm. The transaction amounts to SEK 283 million (approximately EUR 24.3 million).
Peab builds in Lempäälä.

Peab builds extension to school in Lempäälä

Finland Finland — Peab has been commissioned to build an extension to an elementary school in Lempäälä. The customer is Lempäälä Municipality and the contract is worth EUR 15 million.
Mikael Söderlundh, head of research at Colliers.

"I think there will be bigger write-downs of the values"

Nordic — In the short term, Colliers' Head of Research Mikael Söderlundh still sees major challenges for the real estate sector in Sweden, and also in the Nordic region as a whole. He believes that there is a large backlog in property value write-downs and that there is much more to come, while there are long-term signals that are strong.
Genesta acquires in Denmark.

Genesta makes logistics acquisition in Denmark

Denmark Denmark — Genesta expands its logistics portfolio and buys a 20,600 square meter logistics property under construction in Solrød, 25 minutes south of Copenhagen. It is an off-market deal with Logistic Contractor A/S, which is part of the Wästbygg Gruppen. It is Genesta's sixth logistics acquisition in two years.
Jukka Rantanen, vd för Sb-Hem.

"The Finnish housing market needs urgent support measures"

Finland Finland — Inflation and rising interest rates have led to a precarious situation in the Finnish housing market, a situation that has lasted exceptionally long. The main drivers of the housing trade, i.e. interest rates, consumer confidence and employment, are not expected to change for the better in the near future. The industry therefore needs effective and rapid support measures to recover. This is the opinion of Jukka Rantanen, CEO of Finnish Sb-Hem, who proposes that the interest deduction for mortgages be reintroduced and that the transfer tax be abolished.
On the left is Dan Sandstedt, Head of Capital Markets at Newsec, in the middle Carolina Herling, Head of Investment at Savills and on the right Daniel Anderbring, Head of Capital Markets Sweden at JLL.

Advisory trio on the new transaction market: "Challenging to close ongoing deals"

Sweden Sweden — Today Nordic Property News concludes the survey where some of the industry's largest transaction advisors give their view of how they have experienced the historically weak transaction market so far this year. They talk about the new challenges, opportunities and trends in the market. Today the turn has come to a trio of advisers consisting of Newsec, JLL and Savills.
Helsinki.

Hemsö develops new school in city centre of Helsinki

Finland Finland — Hemsö has been awarded a lease agreement by the City of Helsinki in a public procurement. The city will rent premises for two upper-secondary schools for the arts in Helsinki. An extensive redevelopment will be carried out on the property at Siltavuorenpenger, which Hemsö acquired in 2021. The lease agreement has a 15-year term, and the lettable area is 5,000 square metres.
Thomas Holm, CEO, and Svenska Handelsfastigheter's Härlöv.

Svenska Handelsfastigheter writes down property value by 6.4 percent

Sweden Sweden — Svenska Handelsfastigheter writes down property values by SEK 1.0 billion (approximately EUR 91.1 million), corresponding to approximately 6.4 percent of the total property value, during the third quarter. After the write-down, the total property value amounts to SEK 14.8 billion (approximately EUR 1.35 billion). This is clear after the company had the entire property portfolio externally valued by two independent valuation firms as of September 30, 2023.
Anette Frumerie, Anna Ervast Öberg and Biljana Pehrsson.

Nordr acquires Folkhem from Rikshem

Sweden Sweden — Nordr is taking a big step towards becoming a leader also in the sustainable development of wooden apartment buildings by acquiring all the shares in Folkhem. The ambition is to increase Folkhem's presence in Nordr's main markets in Sweden and Norway – Stockholm, Gothenburg, Malmö, Oslo, Trondheim, Stavanger and Bergen.
Alex Mabäcker.

Team leaves SBB-owned company – forms the new company Samfori

Sweden Sweden — The team behind Odalen Fastigheter, which was acquired by SBB in 2022, has left the company for a new venture under the new name Samfori. CEO Alex Mabäcker tells Nordic Property News about the decision to leave SBB, the new company and investments to be made with Samfori, as well as gives his view on the problems in the political conversation connected to elderly issues.
SBB.

SBB sells to Lovisenberg for EUR 245M

Norway Norway — SBB has sold two properties to the tenant Stiftelsen Diakonissehuset Lovisenberg for NOK 2,815 million (EUR 245 million). The properties being sold are the hospital on Ragnar Ströms Veg 10 in Ullensaker of which SBB owns 100 percent and an adjoining development plot of which SBB today owns 65 percent, co-owning with a local developer.
On the left is David Almqvist, co-head of transactions at Croisette, and on the right is Colliers Sweden CEO Joakim Arvius.

The advisors' new transaction reality: "A higher proportion of deals than normal fail"

Sweden Sweden — Nordic Property News continues the survey where some of the industry's largest transaction advisors give their view of how they have experienced the historically weak transaction market so far this year. They talk about the new challenges, opportunities and trends in the market. Now the turn has come to Colliers and Croisette.
Victor Persson, CEO of Doxa and Serneke Group.

Doxa to lay off 25 Serneke employees

Sweden Sweden — The forms for Doxa's planned division of Serneke into two separate companies, one for contracting and one for property development, have now been decided, the company announces. With this, Serneke Group AB's group functions cease, which affects a total of approximately 75 employees, of which approximately 25 positions will disappear through notice of termination due to a lack of work, the company writes in a press release.
Rutger Arnhult, CEO of Corem.

Corem divests three properties in Sigtuna

Sweden Sweden — Corem has signed an agreement for the sale of three properties in Sigtuna at an underlying property value of SEK 115 million, which is in line with book value.
Patrik Kallenvret, Head of Capital Markets in the Nordics at CBRE and Jacob Bruzelius, Head of Catella Corporate Finance, talk about how their respective companies has experienced the transaction market so far in 2023.

The advisors' new transaction reality: "Today a SEK 1 billion deal is considered substantial"

Nordic — Nordic Property News today begins a series of articles in which some of the industry's largest transaction advisors give their view of how they have experienced the historically weak transaction market so far this year. They talk about the new challenges, opportunities and trends in the market. First up in the survey are CBRE and Catella.
Louise Schaldemose.

Louise Schaldemose appointed Director of Group Letting at Heimstaden

Nordic — Louise Schaldemose will take on her new role on 1 October and will support an experienced team of local Heads of Letting across all Heimstaden’s locations.
NCC to build offices in Danish city of Middelfart.

NCC to create office building in Middelfart

Denmark Denmark — NCC has been commissioned by the investment company Selfinvest to construct a 12,400-square-meter office building in the city of Middelfart in Funen.
Henrik Landelius.

"Areim is an exciting company"

Nordic — Areim changes CEO – in March 2024, Henrik Landelius steps in and succeeds Therese Rattik. The incoming CEO tells Nordic Property News about the choice to join Areim, how he views the company, the strength of having Therese Rattik remain in the organization, how he is as a leader and about full focus on the end of NCC.
Rikshem sells property to Stena Fastigheter.

Stena Fastigheter acquires from Rikshem

Sweden Sweden — Rikshem sells the property Norrbacka 1:48 in Märsta, Sigtuna municipality, to Stena Fastigheter. The deal includes 438 apartments and a total of approximately 30,000 square meters of lettable area.

They have the lowest ICRs in the Nordics

Nordic — Nordic Property News presents a list over the Nordic listed companies with the lowest Interest Coverage Ratios for Q2 2023.
Johan Ericsson.

Johan Ericsson declines re-election as Chairman of Nyfosa

Sweden Sweden — Johan Ericsson declines re-election as the Chairman of the Board for Nyfosa AB. Ericsson remains Chairman of the board until the annual general meeting on April 23, 2024.
Henrik Landelius.

Henrik Landelius appointed new CEO of Areim

Nordic — Henrik Landelius will take over as CEO of Areim in March 2024. He comes most recently from NCC where he was part of the company’s senior management team and for the past five years has been Head of NCC Building Sweden.
Leiv Synnes, CEO of SBB.

Leiv Synnes on SBB's latest crisis measures

Sweden Sweden — SBB's CEO Leiv Synnes tells Nordic Property News about Sunday evening's big strategic transaction which means that SBB releases majority control over Educo and presents a new corporate structure. Read about the ambitions with the changes, how the new structure is intended to strengthen the company going forward and the plan for the housing portfolio.