Karin Witalis, Associate Director, EMEA Research.

Colliers: The Office Compass Is in a Spin

Sweden Sweden — On Friday, Colliers released its latest office report and by all accounts, the pandemic continues to leave its mark. But when Karin Witalis, Associate Director, EMEA Research at Colliers, sums up the office market in Stockholm, it reads "everyone wants everything". Nordic Property News called her up to find out what that means.
TOP 4 Nordic
Johan Gyllberg.
Nordic Nordic —
Global hotel giant heads to Kvarnholmen in 20-year deal
The deteriorating outlook is being driven by a combination of stricter climate regulations, growing pressure from capital markets and increasing tenant demand for sustainable premises.
Nordic Nordic —
German investors warn of energy crisis in property portfolios as technology emerges as lifeline
Carl-Adam von Schéele.
Nordic Nordic —
Urban Partners launches first-of-its-kind fund to accelerate urban regeneration
Housing is singled out as the single most important factor behind the differences between European capitals. For families who rent, housing costs are by far the largest expense item (the people in the image have nothing to do with the text).
Nordic Nordic —
Stockholm among Europe’s most affordable capitals despite high housing costs
Castellums project Infinity in the Hagastaden area in Stockholm.

Castellum Wants to Postpone Access in Major Office Project

Sweden Sweden — The company cites the current market situation and difficulties in paying the purchase price as reasons for wanting to postpone their access to one of the two properties that make up the SEK 1.7 billion investment Infinity in Hagastaden. Nordic Property News has more details about the matter.
Peab to build in Verkkosaari, Helsinki.

Peab Builds Apartments in Helsinki

Finland Finland — Peab has been commissioned to build an apartment building in Verkkosaari, Helsinki. The customer is Helsinki City’s ATT and the contract is worth EUR 17 million.
Ulrica Holmgren.

Newsec Recruits CDO

Nordic — Newsec has recruited Ulrica Holmgren to the position of Chief Digitalization Officer.
Henri Sulankivi leaves SRV.

Change in SRV Group’s Corporate Executive Team

Finland Finland — Henri Sulankivi, SVP, Regional Units and a member of Corporate Executive Team, has decided to leave the company.
A former Castellum boss has returned to the business at a nordic fund giant.

Former Castellum Head Returns to Nordic Giant

Nordic — Returns to an old acquaintance after more than 20 years to focus on the trade segment. Nordic Property News tells more.
Ilija Batljan, CEO of SBB Norden.

SBB Valuates Options – the Company Might Be Sold

Sweden Sweden — The Board of Directors of SBB has decided to broaden its review of strategic options in order to maximize value for SBB's shareholders.
Boho Club, Marbella.

Quartiers Properties to Develop Marbella Projects

Sweden Sweden — Following dialogue with Marbella municipality, Quartiers Properties has submitted a proposal for the development of the Centro Forestal Sueco and Boho Club Marbella projects.
Jonas Andersson.

Turbulence and Uncertainty in the Market Opens Opportunities for Slättö

Nordic — Slättö continues its journey with Lærernes Pension as a new anchor investor. After the Danish pension fund's investment in the company, Deputy Managing Partner Jonas Andersson talks about the importance of having the new investor in place, how you want to continue growing, which segments you see as particularly interesting and where in the Nordics you see the best business opportunities.
Ahus illustration.

Skanska Signs Contract to Build New Hospital

Norway Norway — Skanska has signed a contract with Akershus Universitetssykehus (Ahus) to build a psychiatric hospital in Lørenskog.
Oscar Lekander, Bengt Kjell and Lars Thagesson have started a new property company.

Well Known Trio Starts New Real Estate Company: "Like Hemfosa"

Sweden Sweden — The former SBB duo Lars Thagesson and Oscar Lekander have together with Hemfosa acquaintance Bengt Kjell started a new property company called Treholex. Lars Thagesson tells Nordic Property News about the investment, ambitions, acquisitions that have already been made and that the company will have to change its name: "Of course we can't have that name"

KKR Acquires Residential Portfolio Across Finland

Finland Finland — KKR has announced that KKR’s European real estate platform has agreed to acquire a high-quality portfolio of thirty residential properties in Finland from Kruunuasunnot. The portfolio comprises over 1,200 residential units with two thirds of the portfolio located in the country’s three largest cities of Helsinki, Turku and Tampere.
Morten Roland and Helsfyr Panorama.

Niam Ready to Grow in Oslo: "We Will Look for More Investment Opportunities"

Norway Norway — Niam expands in Oslo through a new acquisition. Morten Roland, Country Manager for Niam Norway, tells Nordic Property News about Niam’s position in Oslo, which Oslo areas he considers interesting to grow in and about possible investments in other Norwegian cities.
Olov Lindgren acquires in Stockholm.

Olov Lindgren Buys in Central Stockholm

Sweden Sweden — Olov Lindgren has acquired the property Stockholm Geten 21 at Frejgatan 31, from St. Johannes församling (St. John's parish).
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.