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.

K2A Sells Properties to Resinova

Sweden Sweden — K2A Knaust & Andersson Fastigheter has completed a sale comprising four properties in Växjö with an underlying property value of SEK 650 million. K2A is transferring the properties with vacant possession on 30 June 2023. The buyer is Resinova Bostad AB.
Linus Nilsson.

Pictet Appoints New Head of Nordics for Direct Real Estate

Nordic — Pictet Alternative Advisors has strengthened its real estate offering in the Nordic region with the appointment of Linus Nilsson as its new Head of Nordics, based in Stockholm.
Doxa's CEO Victor Persson comments on the major bid for Serneke.

Doxa's CEO: "A Friendly Offer after Close Dialogue"

Sweden Sweden — Doxa's CEO Victor Persson tells Nordic Property News about the work leading up to the company's billion-dollar bid for Serneke, why a takeover attracts so much and Karlatornet's part in Serneke's attractiveness.
Ola Serneke, founder of Serneke.

Ola Serneke: "We Were a Company That Never Gave Up"

Sweden Sweden — Yesterday it became clear that Doxa has submitted a takeover offer for Serneke Group. Ola Serneke, founder of Serneke, says to Nordic Property News that he is positive to the offer that means that company can get a broad and stable owner base. Now Jan C Johansson, Serneke group's chairman, also comments on the potential takeover "We didn't contact Doxa".
Terje Björsell.

Terje Björsell Appointed New CEO of SBF Fonder

Sweden Sweden — Terje Björsell has been appointed as the new CEO of SBF Fonder AB and will assume the role on May 2, 2023.
Logicenters builds for Frigoscania.

Logicenters Builds 36,000 sqm for Frigoscandia in Hyllinge

Sweden Sweden — The new logistics property will be specially adapted for storing food in several temperature zones. The facility, which is expected to be ready in the last quarter of 2024, will be located in Hyllinge, just outside Helsingborg, in direct connection to both the E4 and E6.
Joacim Sjöberg.

Increased NOI but Lowered Valuations for Castellum

Nordic — Castellum increased its Net Operating Income by 9.3 percent and rental income in comparable stock by 10.7 percent during Q1 – at the same time property valuations decreased by approximately SEK 6 billion.