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This year's Mipim fair takes place between the 14th and 17th of March.

They Send the Most Norwegian Participants to Mipim

Norway Norway — With this year's Mipim just a month away, Nordic Property News takes a closer look at how many participants go to Cannes from the various Nordic countries and what companies send most employees to Mipim. First out are the Norwegian participants.

DWS Group Recruits from Newsec

Nordic — DWS Group strengthens the Nordic team with an appointment from Newsec.
Copenhagen is still the most sought for region for Swedish investments.

Swedish Investments in Denmark Decreased in 2022

Nordic — A report from the Öresund Institute shows that more Swedish companies have sought to cross the strait to the Danish real estate market. In five years the number of Swedish real estate companies with a presence in Denmark has doubled in number and that many of those who have established themselves in the neighboring country intend to make more investments in the future. But the uncertainty in the economy means that several companies take the opportunity to consolidate in the coming year.
Tina Söderlund-Boley.

Slättö Strengthens its Senior Team by Recruiting a New Head of Sales

Nordic — Slättö recruits Tina Söderlund-Boley as Director, Head of Sales. The senior appointment will complement Slättö’s existing team, and further accelerate the firm’s growth strategy in the Nordic region.
Erik Selin, CEO of Balder.

Erik Selin: "We Can Keep Away From the Bond Market Until 2026"

Sweden Sweden — Balder was one of the real estate companies that advanced the most on the stock market during Friday's trading, this after the company released its financial statements for 2022. During the presentation, CEO Erik Selin commented on his view on the bond market, the credit appraisers' view of the company and what we can expect from Balder on the transaction market in 2023.
Joacim Sjöberg, acting CEO of Castellum.

Castellum Intends to Carry Out a Fully Underwritten Rights Issue of Approximately SEK 10 billion

Nordic — Castellum intends to carry out a fully underwritten rights issue of approximately SEK 10 billion to strengthen its financial position. Parallell to this, Castellum also releases its year-end report for 2022 and reports a lower result from property management during the fourth quarter compared to the same period the year before. The board does not propose a dividend.
Folksam acquires the property Rotundan 1 in Stockholm.

Folksam Makes Large Acquisition in Central Stockholm

Sweden Sweden — Folksam Sak acquires the property Rotundan 1 on Östermalm in central Stockholm from Zürich Insurance for SEK 565.5 million. The leasable area is around 4,100 square meters and access will take place in the spring of 2023.
Fredrik Jagersjö Rosell and Panattoni's logistics development in Enköping.

Panattoni's Road to The Next Phase of Expansion

Nordic — Panattoni's journey in 2023 will consist of several developments at the same time. Partly all projects that are already under construction. At the same time as the first completed building in Enköping, Sweden, will be inaugurated in October. CEO Fredrik Jagersjö Rosell believes that even though they have set high targets for how much area they should produce per year, the economy will leave its mark on the company's progress in Sweden.
Erik Selin, CEO of Balder.

Here Are Balder's New Acquisitions

Sweden Sweden — Balder continues to make transactions under the radar.
Henrik Saxborn.

Henrik Saxborn Proposed as New Chairman of Annehem

Sweden Sweden — The nomination committee of Annehem proposes the former Castellum CEO Henrik Saxborn as new Chairman of the Board.
Jakob Fyrberg, CEO of Emilshus.

Emilshus Scarps Target of SEK 10 billion in Property Value

Sweden Sweden — Emilshus increased property management results and rental income in 2022. The company also presents new financial goals where the goal of reaching SEK 10 billion in property value before the end of 2024 is omitted.
Sofiahusen.

Slussgården Signs New Lease in Stockholm

Sweden Sweden — Slussgården signs new lease agreement with Avaus for two floors in the Sofiahusen project on Södermalm in Stockholm.
Jacob Kjær, Partner, Nordanö, and the Jernbanebyen project.

Major Breakthrough in One of Denmark's Largest City Developments Ever

Denmark Denmark — DSB Ejendomsudvikling, Novo Holdings, Industriens Pension and NREP have entered into a conditional joint venture agreement, which means that the entire area of Jernbanebyen is expected to be consolidated in common ownership once a local plan for the area has been adopted. The advisor Nordanö’s Jacob Kjær tells Nordic Property News about what is to expect, going forward.
Hans Wallenstam, CEO of Wallenstam.

Wallenstam: "We'll See Major and Minor Developments in a Rollercoaster"

Sweden Sweden — Wallenstam's increased dividend yield requirement in 2022 is one of the consequence of an uncertain and waiting real estate market as well the higher interest costs, the company writes in its year-end communiqué. To Nordic Property News, CEO Hans Wallenstam says that it is the difficulties in valuing the property portfolio that should stand in contrast to the fact that, after all, they deliver a result after tax that amounts to SEK 1.1 billion.
Hallstugan.

Skanska Builds Housing and Premises for Örebrobostäder

Sweden Sweden — Skanska has signed an agreement with Örebrobostäder on continued cooperation with the Hållstugan block in central Örebro, Sweden. The agreement includes both renovation and production of new apartment buildings and is worth approximately SEK 400 million.
Logicenters develops in Moss.

Logicenters Develops Property in Moss

Norway Norway — NREP Logicenters has recently acquired 75 000 sqm in Moss, Norway. The plan is to start construction of 20 000–25 000 sqm.
Anna D Johansson.

Panattoni Recruits Investment Controller from Newsec

Sweden Sweden — Panattoni strengthens its team with the appointment of Anna D Johansson as Investment Controller.
Rutger Arnhult and Anna Kinberg Batra recently left the board at Castellum.

How Castellum Proceeds After the Heavy Board Losses

Sweden Sweden — Last Friday, Anna Kinberg Batra announced that she is leaving her seat on Castellum's board due to her new assignment as governor of Stockholm, and on Monday Rutger Arnhult announced that he too is leaving the board with immediate effect. Chairman of the Board Per Berggren tells Nordic Property News how he views the current situation on the board, how the vacant seats can be filled and how the hunt for a new CEO is progressing.
Anthony Romano.

Lindu Ejendomme Buys Logistics Property

Denmark Denmark — Lindu Ejendomme, founded by Pictet Alternative Advisors and Brunswick Real Estate, acquires Kanalholmen 37, a 6,500 sqm logistics property in Avedøre Holme, 3 km south of Copenhagen.
The residential project.

Veidekke to Create More Residential Units in Lillestrøm

Norway Norway — Veidekke is to build 52 eco-certified apartments in Lillestrøm for OBOS Nye Hjem and Otto Olsen Boligutvikling. This is the second construction stage in the project called Parsellen.
Blomsterhaven in Tilst, Aarhus, which was recently acquired by Round Hill Capital and Anders Holm.

The Trend Grows Stronger: Why Danish Secondary Cities Are in Such High Demand

Denmark Denmark — The trend of Danish cities outside being a hot commodity continues as Round Hill Capital acquires a residential from Pareto Securities. Anders Holm, Partner at Colliers, tells Nordic Property News about the appeal of the secondary cities in Denmark, which cities are in demand, what segments investors are looking at and how he believes this trend will develop in 2023.
Fredericia.

CBRE IM Acquires Logistics Parks from MG

Denmark Denmark — CBRE IM has completed the transfer of two logistics parks in Denmark from MG Real Estate, one of which was added to the joint venture with MG Real Estate.
Oscar Engelbert, CEO of Oscar Properties.

Oscar Properties Sells Portfolio

Sweden Sweden — Oscar Properties has entered into an agreement regarding the sale of a property portfolio at an agreed property value of SEK 165 million.
Copenhagen.

Fokus Makes Management Changes

Denmark Denmark — Fokus Asset Management announces the appointment of Michael Rønnelund as COO for the Danish operations while Morten Madsen is named Nordic COO.
Stefan Dahlbo, CEO of Fabege.

Sharp Report Drop for Fabege – But Dahlbo Sees Stability

Sweden Sweden — Fabege reported a substantial decline in management results in the fourth quarter of 2022 and the property portfolio was devalued by almost four billion SEK, the board also proposes a reduced dividend. The stock took a big hit on the stock exchange during Monday's trading and CEO Stefan Dahlbo took the opportunity to replenish his holdings during the dip. Together with the CFO Åsa Bergström, he tells more about how the company tackles what is expected to be a challenging 2023.