Sonja Horn, CEO at Entra.

Entra Divests Two Properties for NOK 1.5 billion

Norway Norway — Entra has sold the properties Akersgata 51 and Tordenskioldsgate 6 in Oslo for a total transaction value of NOK 1.473 billion, which is approximately one per cent below book values as of 31 March 2023.
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
David Mindus, CEO of Sagax.

Sagax Invests in Five Countries

Nordic — Sagax has through nine separate transactions acquired 16 properties for the equivalent of SEK 529 million.
Nordika's asset Säterinportti in Helsinki.

Nordika Gears Up for Finnish Expansion

Finland Finland — Nordika continues its development in Finland through the establishment of a local team and an office in Helsinki. Robert Högström, head of administration at Nordika, tells Nordic Property News about the new recruitments, how he views the Finnish market and how much Nordika aims to invest in Finland in the future.
SBB.

Head of IR Leaves SBB

Sweden Sweden — SBB's Head of IR, Marika Dimming, has left the company, according to Dagens Industri.
Tervakoski school.

YIT to Build School in Janakkala

Finland Finland — The municipality of Janakkala has chosen YIT to build the new school and multipurpose centre in Tervakoski. The total value of the contract is approximately EUR 17 million.
Rikard Henriksson, Managing Partner at Niam.

Niam Invests Further in Danish Terraced Houses

Denmark Denmark — It is difficult to put your finger on why it differs between Sweden and Denmark when it comes to the interest in renting a terraced house. That's what Rikard Henriksson, managing partner at Niam, thinks. The interest is so great that they are now joining forces in a joint venture with Danish Milton Huse to further develop that side of property development.

Castellum Resolves New Share Issue of SEK 10 Billion

Sweden Sweden — Castellum resolves on a fully underwritten rights issue of approximately SEK 10 billion and announces terms.
Eslöv's distillery.

NCC Will Construct Residential Units and Offices in Southern Sweden

Sweden Sweden — In collaboration with Eslövs Bostads AB (Ebo), NCC is to construct residential units and offices in the former distillery (Sw: spritfabrik) in Eslöv. The order value is approximately SEK 320 million.
Tom Leahy, Head of EMEA Real Assets Analytics.

Office Transactions at All-Time Low in Europe

Nordic — Office investment has fallen to an all-time low in Europe and fewer office properties were sold in the first quarter of the year than during the financial crisis, MSCI Real Assets' latest report shows. Nordic Property News does a segment-by-segment review with the help of MSCI's chief analyst Tom Leahy.
Nordika hires three new employees in Finland.

Nordika Opens New Helsinki Office – Recruits Three Persons

Finland Finland — Nordika is establishing its own team and opening a new office in central Helsinki.
This is how the listed nordic real estate companies performed on the stock market during April.

Winners and Losers on the Stock Exchange in April

Nordic — It was a mixed bag in April for the real estate sector, with some strong climbers and some heavier bottomers. Nordic Property News presents a list of how the companies performed on the stock exchange during the fourth month of the year.
Kestutis Sasnauskas, CEO of Eastnine.

Eastnine Confident of MFG Sale: "Ongoing Discussions"

Nordic — Eastnine have had a hard time trying to sell its stake in the Russian fashion company Melon Fashion Group, a holding that accounts for almost a quarter of the company's assets. After the aborted deal in March, the company is now holding discussions with other potential buyers, and here CEO Kestutis Sasnauskas explains why he is confident that the company can be sold at the same level as was agreed in connection with the broken deal. He also comments on what must happen if a sale is not possible.
Eva Landén, CEO of Corem.

Corem Divests a Property in Denmark

Denmark Denmark — Corem has signed an agreement to divest a property outside Copenhagen at an underlying property value corresponding to SEK 290 million, which is in line with book value.
Wästbygg.

Wästbygg Lays Off 70 and Shuts Down Inwita Fastigheter

Sweden Sweden — Wästbygg plans to implement personnel cuts of approximately 70 positions. At the same time, Inwita Fastigheter, the group's company for management and ownership of self-developed community properties, is to be shut down.
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."