Image
Bäckebol, Gothenburg.

Verdion Makes Gothenburg Investment

Sweden Sweden — Verdion has further increased its Swedish pipeline with the acquisition of an urban logistics site in Gothenburg with an anticipated GDV in excess of EUR 54 million (SEK 580 million).
Kristian Krogh.

CEO Leaves Thylander Gruppen

Denmark Denmark — After approximately 3.5 years at Thylander Gruppen, CEO Kristian Krogh chooses to leave the company. He tells Nordic Property News about the decision, his time at the company and about his plans going forward.
Stockholm.

The Rent Development, Vacancy Rate and Future Supply on the Stockholm Office Market

Sweden Sweden — With analysis from Citymark Analysis, Nordic Property News can present exclusive figures on the office market in Stockholm: Vacancy development and vacancies in the past six months, the rent development compared to 2021 and what future supply on the market looks like from the turn of the year.
Annica Ånäs, CEO of Atrium Ljungberg.

Atrium Ljungberg Confirms Discussions of a Possible Divestment of Skotten 6

Sweden Sweden — Atrium Ljungberg confirms current discussions regarding a possible sale of the property Skotten 6 in Stockholm City.
Sufflören 4 in Malmö.

Wihlborgs Acquires Two Properties in Malmö

Sweden Sweden — Wihlborgs has signed agreements to acquire the Sufflören 4 property in Hyllie, which is a combined office and warehouse property of 5,100 sqm, and the currently undeveloped Sunnanå 12:26 property of 10,000 sqm.
New Vantaa Main Police Station and Vantaa Prison to be built in Jokiniemi.

SRV to Build New Police Station and Prison in Jokiniemi

Finland Finland — New Vantaa Main Police Station and Vantaa Prison to be built in Jokiniemi.
Henrik Roderhult, Director, Newsec Advisory in Sweden, and Gothenburg skyline.

Why the Swedish Residential Market Is About to Slow Down

Sweden Sweden — Henrik Roderhult, Director, Newsec Advisory in Sweden, on the Swedish transaction market, and why he expects a backlash on the residential market, going forward.
Entra, with  Swedish Balder and Castellum as largest owners, tops the list of percentage of foreign ownership.

The Foreign Ownership in the Listed Nordic Real Estate Companies

Nordic — Listed Nordic real estate companies has become a hot commodity for foreign investors. Nordic Property News has taken a closer look at the foreign ownership.
Ståle Rød.

Ståle Rød Named New Executive Vice President and Part of the Group Leadership Team at Skanska

Nordic — Ståle Rød has been appointed Executive Vice President at Skanska Group. He will step into his new position and join Skanska's Group Leadership Team on January 1, 2023. Ståle Rød will be responsible for the business units Skanska Central Europe, Skanska UK, Skanska Norway, and Skanska Residential Development Europe. He currently holds the position as Business Unit President Skanska Norway.
SLP acquires from Nivika.

SLP Acquires Logistics Properties in Jönköping and Helsingborg

Sweden Sweden — SLP has acquired and taken possession of a total of six properties in two of Sweden’s most important logistics hubs from Nivika. The total lettable area amounts to approximately 32,000 sqm and the annual rent as of 1 January 2023 amounts to approximately SEK 29 million.
Sthlm 01.

Skanska Commercial Property Development Nordic Sells Sthlm 01 for SEK 2.3 Billion

Sweden Sweden — Skanska Commercial Property Development Nordic has divested the office building Sthlm 01 in Stockholm to Skanska Investment Properties for about SEK 2.3 billion. The internal transaction has no effect on the cash flow and will be recorded in the fourth quarter 2022. The transfer will take place immediately.
Ilija Batljan, CEO of SBB Norden.

Sleepless Batljan on Target with SBB's Divestment Plan

Sweden Sweden — Ilija Batljan has worked almost around the clock to complete the large structural deal with Brookfield that was presented on Wednesday morning. With the sale, which can bring in a total of 10.4 billion SEK to SBB, the company is finished with its divestment plan according to Ilija Batljan. Here he talks more about the big agreement and the effect it has on SBB's finances going forward.
Jenny Appenrodt.

Klarabo's CFO Leaves the Company

Sweden Sweden — Jenny Appenrodt has announced that she has decided to leave her position as CFO of Klarabo. Jenny will remain in her role for the next six months, or until a replacement is recruited.
Which companies are the winners and which are the losers on the stock market in November?

November 2022: Winners and Losers on the Nordic Stock Markets

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in November.
Eteläesplanadi 2 in Helsinki.

NREP Acquires Historic Helsinki Office Building

Finland Finland — NREP announces the acquisition of the Eteläesplanadi 2 office building in Helsinki from Allianz. Eteläesplanadi 2 is a landmark building located next to the waterfront in Helsinki CBD.
Malmö Stenåldern 6.

SLP Extends Rental Agreement in Malmö

Sweden Sweden — SLP has extended a rental agreement with STILL Sverige AB regarding the property Malmö Stenåldern 6. STILL manufactures, among other things, forklifts and rack systems and is thus an important part of the logistics chain.
F. Scott Ball, CEO of Citycon.

Citycon Sells Two Shopping Centres

Norway Norway — Citycon has signed an agreement to sell two non-core shopping centres in Norway for approximately NOK 1250 million (approximately EUR 120.8 million).
SBB.

SBB Makes Blockbuster Sale – Divests 49 Percent of the Social Infrastructure Portfolio

Nordic — SBB sells a 49 percent stake in its social infrastructure portfolio for public education to Brookfield for SEK 9.2 billion in cash with an additional earn-out of up to SEK 1.2 billion in cash.
The Nordic companies with the highest operating income, according to the latest financial reports.

The Companies with the Highest Net Operating Income in Q3

Nordic — Nordic Property News presents the net operating income among the Nordic property giants, during Q3.
Mikael Söderlundh.

Opportunities on the Transaction Market Could Open Up Due to the Sharp Fall of Real Estate Stocks

Nordic — Pangea's Head of Research, Mikael Söderlundh sees an active pipeline despite the fact that the transaction market is currently in a wait-and-see mode. The sharp fall for real estate stocks in 2022 could trigger some interesting types of business, according to Söderlundh who expands on the various effects that could materialize in 2023.
Rune Koch.

NREP Ready for German Expansion – Here Is What they Are Looking for

Nordic — NREP takes a new step by making its first real estate investment in Germany. Rune Kock, Real Estate CEO at NREP, tells Nordic Property News about the first investment, what segments they will focus on in Germany, which locations he views as attractive for new acquisitions, the possibility of more JV investments and how the German operations will be run.

Olav Thon Acquires DNB Livforsikring's Share of Sørlandssentret – Becomes Sole Owner

Norway Norway — DNB Livsforsikring AS and Olav Thon Eiendomsselskap ASA have since 2008 jointly owned and developed Sørlandssenteret, each with a 50 percent share. The parties are in agreement that Olav Thon Eiendomsselskap ASA shall continue the ownership alone.
Niklas Zuckerman, CEO of Logistea, and Anders Nordvall, Deputy CEO & Head of Transactions of Logistea.

Logistea Acquires in Alingsås

Sweden Sweden — Logistea has acquired a property in Alingsås with an underlying property value of SEK 275 million and a lettable area of approximately 19,100 square meters.
Cecilia Vestin.

Kåpan Fastigheter's Plans after the Split from SBB

Sweden Sweden — Last week, Kåpan Pensioner acquired SBB's share in Svenska Myndighetsbyggnader and announced a name change to Kåpan Fastigheter. Cecilia Vestin, CEO of Kåpan Fastigheter, tells Nordic Property News about the ambitions as a wholly-owned Kåpan-company.
Johan Skoglund, CEO of JM.

JM Appeals the Court of Appeal's Judgement on Consolidation of Tenant-owners Associations

Sweden Sweden — The Court of Appeal has issued a judgement which means that JM must consolidate tenant-owners associations during production in its consolidated financial statements according to IFRS. JM's appeals the judgement to the Supreme Administrative Court