SBB.

SBB strengthens liquidity and decentralises group structure

Nordic — SBB strengthens liquidity with approximately SEK 8 billion (approximately EUR 729 million) and presents decentralised group structure.
Pictured to the left is Nuveen's portfolio manager and Head of Eurpean Real Estate Randy Giraldo and to the right is Nordic transaction manager Oscar Maltesen.

Exclusive with the global powerhouse: Nuveen on their Nordic strategy

Nordic — Nordic Property News got an exclusive interview with two representatives of Nuveen Real Estate, one of the world's largest property managers and investors. Portfolio manager and Head of European Real Estate Randy Giraldo talks about the investor's strategy in the market and the big focus in the coming decade, while Nordic transaction manager Oscar Maltesen comments on their view of Swedish properties, the most interesting segments and the price adjustment they are waiting for.

The Highest LTVs in the Nordics

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies had in Q2 2023.
Stefan Wilhelmson, CEO of Amaron, (top) and Martin Mildner, Portfolio Manager (bottom).

Amaron acquires property in Malmö

Sweden Sweden — Amaron expands its portfolio in Malmö with the acquisition of the property Sunnanå 6:30 in Toftanäs.
Alma Property Partners and Rubik Properties make acquisition in Copenhagen.

Alma Property Partners and Rubik Properties acquire fourth light industrial property in Copenhagen

Denmark Denmark — Alma Property Partners and Rubik Properties have added a light industrial and warehouse property in Glostrup to their light industrial joint venture.

Skanska signs additional contract to build hospital in Florida

Sweden Sweden — Skanska has signed an additional contract with Orlando Health to build a hospital in Lakeland, Florida, USA.
Doxa's CEO Victor Persson explains how they will increase the value of Serneke.

This is how Doxa will increase the value of Serneke

Sweden Sweden — CEO Victor Persson talks about why the valuation of Serneke went up over 200 million after the acquisition, the strengths of Karlatornet and how Doxa will realize maximum value in the previously listed company.
John Sjölund, CFO Alm Equity.

"I am almost surprised by the negative view of the housing market"

Sweden Sweden — John Sjölund, CFO at ALM Equity participated in Stockholm Corporate Finance's capital market days with a focus on the real estate market. He said, among other things, that there were several interested parties at Klövern, but also what made the decision in Nrep's favor in that deal. At the same time, he sees bright prospects for newly produced rental housing going forward.
Nrep acquires residential in Bålsta.

Nrep makes residential acquisition from SPG

Sweden Sweden — Nrep strengthens its presence in Bålsta, Håbo municipality, by acquiring 283 newly produced apartments with a high sustainability profile from Scandinavian Property Group (SPG). The acquisition is seen by Nrep as a good opportunity to increase its presence in the segment which, despite prevailing challenges, has strong demand driven by a long-term housing deficit.
Tennispalatsi.

Tennispalatsi in Helsinki to get new ownership

Finland Finland — The City of Helsinki is planning to sell Tennispalatsi located in Helsinki city centre to Niam. Catella acted as financial advisor to the City of Helsinki in the sales process.
Oas in Malmö.

Skanska signs new lease in Malmö

Sweden Sweden — Skanska signs new lease for the office building Oas in Malmö.
Serneke's plans in the Swedish city of Lund contains a high rise building that is 141 meters tall.

After Karlatornet – here is Serneke's next skyskraper project

Sweden Sweden — The 141 meter high building will be Lund's tallest building when the project for Torgkvarteren in Brunnshög is completed. Now the building plan, which contains approximately 55,000 square meters of buildings in two blocks, is close to getting the green light.
Beckmann Tower & Wilhelm House.

German Quantum acquires first property in Copenhagen

Denmark Denmark — Quantum sets a strategic signal and expands successfully to the Danish residential market. The subject of the first transaction is a state of the art building in Copenhagen. In this line, a new office with local expertise is opening.
SBB.

Rosel Ragnarsson retires – Helena Lindahl takes over as Treasury Director of SBB

Sweden Sweden — Rosel Ragnarsson retires and Helena Lindahl who is today part of the management team has successively taken over areas of responsibility within financing and investor relations.
New tenants sign leases in the property Rubinen 1 in Helsingborg.

Wihlborgs signs new leases in Helsingborg

Sweden Sweden — On 1 November, the growing Helsingborg company Svensk Foodservice is moving to Rubinen 1 in Väla södra in Helsingborg. At the same time, the produce company GGB Fruit is moving to the same property, which means that total lettings at the property amount to approximately 2,400 square metres.
Gothenburg skyline.

Prime office rent expectancy for Sweden’s major citites

Sweden Sweden — The prognosis for prime office rents raised in Gothenburg and Malmö, according to SEPREF’s consensus report.
Mikael Laag, lawyer at Real Advokatbyrå.

New Swedish investment law heavily criticized

Sweden Sweden — The Swedish parliament has passed a new law on foreign direct investments. In certain transactions, the law may mean that conditions, such as access conditions, need to be included in the transfer agreements. According to Mikael Laag, partner at the law firm Real Advokatbyrå and specialist in real estate law, this will likely have an impact on all transactions in the real estate industry. “It was quick and it was wrong when this law was introduced,” he says to Nordic Property News.
Antti Louko.

After the weak start to 2023: Here are Catella’s transaction volume predictions

Finland Finland — Catella’s Managing Director Antti Louko on the continued strong global interest in Finnish properties, and the challenges on the market. “I would assume also rest of the year will be weak in terms of transaction volume.”
Skanska sells in Budapest.

Skanska divests first phase of Budapest office building for EUR 100 million

Sweden Sweden — Skanska has divested the first phase of its office complex H2Offices in Budapest, Hungary, to ERSTE Open-Ended Real Estate Investment Fund, represented by ERSTE Alapkezelő Zrt., for approximately EUR 100M.
Transval builds in Järvenpää.

Transval develops in Järvenpää

Finland Finland — Construction work on the 18-hectare plot in Järvenpää will start in September 2023 with the groundworks for the first part of the warehouse. The first part will be around 35 000 square meters in size and is expected to be ready for use in spring 2025.
Svenska Handelsfastigheter acquires in Hudviksvall.

Svenska Handelsfastigheter acquires property in Hudiksvall

Sweden Sweden — Svenska Handelsfastigheter acquires a property for food trade in Hudiksvall from Västra Hamnen Utveckling. The property of just under 2,800 square meters is located in eastern Hudiksvall and has Ica as the main tenant.
Christian Fladeland, named Deputy CEO of Heimstaden.

Christian Fladeland appointed Deputy CEO of Heimstaden

Nordic — Heimstaden’s Chief Investment Officer, Christian Fladeland, will also serve as Deputy CEO, effective immediately.
Annika Winsth, chief economist at Nordea.

Top economist: "The interest rate will not be lowered until September 2024"

Sweden Sweden — Nordea's Chief Economist Annika Winsth participated in JLL's latest Nordic Outlook held last week. She was clear that she does not want to see any more interest rate increases from the Swedish Riksbank, but that she sees an obvious risk that there will be an increase not only in September but also in November. She also comments on the problems in the Swedish real estate market, where she seeks nuance and an understanding of why the market has such a bad reputation internationally.
Johan Bråkenhielm in front of the office buildings Voimatalo and Sampotalo that Schroders recently divested. The image is a montage.

Schroders' plans for the Finnish market

Finland Finland — Schroders makes changes to its Finnish portfolio through divestments of two large office buildings. Johan Bråkenhielm, Head of Nordics Real Estate, Schroders. tells Nordic Property News about the divestments, the possibility of more transactions, Schroders plans for the Finnish market and shares his view of the current market situation in Finland.
Niclas Bergman, CEO of Nivika.

Nivika sells in Gislaved

Sweden Sweden — The property is located on the Henja Industrial Area and has a total lettable area of 3,000 sqm. The property is sold to Bygga GWG AB, which previously owns the neighboring property.