Jakob Fyrberg, CEO of Emilshus.

Emilshus Acquires Industrial Property

Sweden Sweden — Emilshus acquires an industrial property in Linköping from Vasaparken.
The soccer centre.

NCC to Build Soccer Hall in Trondheim

Norway Norway — NCC has been commissioned by Trondheim Municipality to build Granåsen soccer hall in Trondheim. Construction will commence in June 2023 and is scheduled for completion in the end of 2024. The order value is approximately SEK 230 million.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter Acquires Building Right in Lund

Sweden Sweden — K-Fastigheter has acquired a building right for approximately 80 rental apartments in Lund. The acquisition is made from a company within the Brinova Group.
Photo: Vällingby Centrum, Stockholm, one of the investments in NSF V and Rune Kock, CEO of NREP.

Urban Partners Raises EUR 3.65 Billion for New NREP Fund

Nordic — Urban Partners raises more than EUR 3.6 billion for new NREP fund, the largest ever European value-add real estate fund.
Balder Finland's CEO, Juha Lehtonen.

Balder's New CEO in Finland Wants to Lay the Foundations for Further Growth

Finland Finland — Balder wants to streamline the management of its holdings in Finland. Juha Lehtonen, who already manages Balder's properties in Finland through the company Bridge Properties, is appointed as the CEO of Balder Finland. Here, the new CEO gets to give his view on how the new organization should be designed.
Sofia Folstad.

Sofia Folstad Appointed New Head of Transactions at Storsala

Sweden Sweden — Storsala continues its growth journey and completes a new key recruitment as Sofia Folstad joins the company as Partner and Head of Transactions. She tells Nordic Property News about the new role, the journey Storsala is facing and what opportunities she sees in the market.
Viveca Ax:son Johnson, Chair of the Board at Nordstjernan, and Nordstjernanhuset (the Nordstjernan building) in Stockholm.

Nordstjernan Divests All Holdings in Diös

Sweden Sweden — The Ax:son Johnson family's investment company Nordstjernan has sold all its shares in Diös. From having been the fourth largest owner with 5.8 percent of the votes, they have now completely left the company.
The Norwegian oil fund has passed 15.000 billion NOK in value.

The Norwegian Oil Fund Passes NOK 15,000 Billion – This Is its Property Ownership

Nordic — Last week, the Norwegian oil fund passed a value of over NOK 15,000 billion, corresponding to approximately SEK 14,500 billion. Due to this, Nordic Property News has made an updated survey of the fund's holdings in Nordic listed property companies. Read about what the ownership looks like now.
Skanska and Obos recently have joined in an approximately SEK 320 million joint venture in housing projects in Oslo and Bærum, Norway.

Pre-purchased Homes Can Become a Problem for Housing Developers

Nordic — The housing developers suffer greatly from the pending purchase willingness of households when it comes to new construction housing. It is difficult to raise the level of pre-purchased homes, although most people believe that there are still few unsold apartments at completion. But for those who signed up for pre-sale, the situation now looks radically different, where there are now reports that the buyers are trying to pull out of sale. Nordic Property News has taken a closer look at how big the exposure is for the companies with their homes that are under production.
Sharam Rahi, Deputy CEO of Balder.

Balder Establishes Property Management Organisation in Finland

Finland Finland — During the autumn, Fastighets AB Balder will start its own property management organisation in Finland. This is in order to more effectively and cohesively manage the company’s wholly-owned properties together with the properties which are owned through Serena Properties AB.
Niam acquires Helsfyr Panorama, expanding Oslo Portfolio.

Niam Acquires Office Building in Oslo

Norway Norway — Niam has entered into an agreement to acquire Helsfyr Panorama, a high-rise office building situated in the Helsfyr area, which lies on the Eastern fringe of Oslo city center.
The office complex in Vilnius.

East Capital Acquires Office Buildings in Lithuania

Sweden Sweden — East Capital Real Estate Fund IV signed an agreement for the acquisition of two modern 10-storey office buildings, Duetto A and Duetto B, with a total lettable area of 17,260 square meters located in Vilnius, Lithuania.
Colliers Mikael Söderlundh and CBRE's Daniel Holmkvist.

The Top Analysts' Q1 Judgement: "Credit Rating Is Top of Mind"

Sweden Sweden — The first reporting period of the year is over and Nordic Property News enlists the help of CBRE's Daniel Holmkvist and Colliers' Mikael Söderlundh to sift through the flood of reports. Read about the duo's insights, analyzes and future predictions regarding the companies and the industry in general.
Peter Norhammar, real estate fund manager.

"SBB's Challenges Not Representative of the Entire Sector"

Sweden Sweden — Despite the fact that it has been difficult in recent months, fund manager Peter Norhammar believes that the real estate sector will give a positive return in 2023. For Nordic Property News he gives, among other things, his view on SBB's vulnerable position after the rating downgrade, why the problems are piling up for the company and how the rest of the companies are holding up when the turbulence spills over into the entire sector.
David Mindus, CEO of Sagax.

Sagax Makes Acquisitions

Nordic — Sagax has through four separate transactions acquired nine properties for the equivalent of SEK 600 million.

Danish Pension Fund New Investor in Slättö

Nordic — Nordic real estate investor Slättö strengthens position by welcoming Lærernes Pension as a new investor, committing SEK 600 million.
Stefan Wilhelmson, CEO of Amaron, (top) and Martin Mildner, Portfolio Manager (bottom).

Amaron's New Venture: the Targets for the New Fund

Sweden Sweden — After the big sale of Norama Real Estate Fund Sicav-SIF, the AIF fund manager is now back and is building up the next big fund: Amaron Real Estate Fund, which should reach SEK 4–6 billion within three years. Stefan Wilhelmson, CEO, and Martin Mildner, portfolio manager, for Amaron Fund Management, tell Nordic Property News about the new major investment, where to look for new acquisitions, what type of properties you are interested in buying and give their view of the investment market right now.
Therese Rattik, CEO of Areim.

Areim Announces Final Closing of Data Centre Fund

Nordic — Areim has completed the final close of its Nordic data centre fund, Areim DC Fund, reaching its target with EUR 446 million in committed capital from leading institutional investors.
The residential buildings in Tampere and Espoo.

Housing Fund Acquires Residential Portfolio from SRV

Finland Finland — SRV sells a housing portfolio consisting of two residential buildings to a housing fund managed by eQ. The agreements include the residential building Asunto Oy Tampereen Kissanpäivät located in Kissanmaa, Tampere, and Asunto Oy Espoon Anna Sahlsténinkatu 15, located in Perkkaa, Espoo.

Fastator Forms New Company

Sweden Sweden — Fastator forms the property and facilities group NPM Group. The company is a comprehensive supplier of services to the country's property owners.

They Have the Highest Occupancy Rates in the Nordics

Nordic — Nordic Property News lists the occupancy rates among the listed Nordic real estate companies in Q1.
Tuomas Laitinen.

Sato Has Appointed Regional Director for the Tampere Region

Finland Finland — Tuomas Laitinen was appointed SATO Regional Director for the Tampere region effective 20 March 2023.
More money were spent on investing in current portfolio during Q1.

They Invested the Most in Their Portfolio During Q1

Nordic — With both buying and selling at a slow pace, many companies burrow down and look over their houses. Literally. Nordic Property News has the list of the companies that invested the most during the first quarter of the year.
Richard Gröttheim, CEO of AP7, Thomas Erséus, CEO of AMF Fastigheter, and Katarina Romberg, Chair of the Board at AMF Fastigheter and Head of Alternative Investments at AMF.

AMF Fastigheter's Goals for its First Joint Venture

Sweden Sweden — The biggest acquisition of the year in Sweden is underway. This time it is the pension administrators AMF and Swedish pension giant AP7 who join forces in a joint deal for one of the country's most attractive locations, with a price tag of 7.4 billion SEK. "For us, it was important to continue to be the majority owner," says AMF Fastigheter's CEO Tomas Erséus to Nordic Property News.
Johan Dernmar and Annie Franzon.

Diös Expands Group Management

Sweden Sweden — Diös' Head of Transactions Annie Franzon and Head of IR Johan Dernmar expand their respective roles and become part of the company's group management.