Logicenters will develop a state-of-the-art facility of 38,000 sqm in Tuusula, just north of Helsinki.

Logicenters Expands Presence Near Helsinki – Signs Development Agreement

Finland Finland — Logicenters will develop a state-of-the-art facility of 38,000 sqm in Tuusula, just north of Helsinki, for Alfaroc Logistics Oy. The property is expected to be ready in the third quarter of 2024.
Lars Angwald, incoming Chairman of the Board, Martin Svärd, Deputy CEO, and Oskar Malmén, incoming CEO.

Cernera's Development Plans after the Change in CEO

Sweden Sweden — Just like last year, Cernera is changing the management team – this time by naming Oskar Malmén as CEO of the company. The incoming CEO tells Nordic Property News about the change, how the company will be weighted going forward and which will be the most important parts during the remainder of 2023.
Green Storage acquires property in Rågsved, Stockholm City.

Nuveen Company Acquires Property in Stockholm

Sweden Sweden — Green Storage acquires property in Rågsved, Stockholm City. The facility is expected to open in the spring of 2024.
Skanska.

Skanska Gets Assignments in USA

Sweden Sweden — Skanska builds data center in Atlanta, USA, for USD 171M. Also, the company signs additional contract to expand hospital in Portland, Oregon, USA, for USD 111M, about SEK 1.2 billion.
This is how the listed nordic real estate companies performed on the stock market during March.

Another Tough Month for Nordic Real Estate Stocks

Nordic — A difficult February was followed by a tough March where property companies continued to fall heavily on the stock market – nearly all of the companies on the largest nordic lists lost value during the month. Here Nordic Property News presents a list of how the companies performed on the stock exchange during the third month of the year.
Rikke Lykke, CEO of DEAS Group.

Deas Acquires Korkia’s Ground Rent Fund Business

Finland Finland — Deas Asset Management acquires ground rent funds to strengthen its Finnish position and service offering.
Eva Landén, CEO of Corem.

Corem Signs Lease in Örebro

Sweden Sweden — Corem has signed a 3-year lease with WSP for approximately 1,520 square meters of office space in newly built Örebro Entré, property Olaus Petri 3:234.
Patrik Essehorn.

Klövern's Future Plans after the Major Investment from the Secret Investor

Sweden Sweden — Klövern's owners, Corem, ALM Equity, and Broskeppet Bostad, have entered into a letter of intent with a secret international investor that the latter intends to acquire 25 percent of the shares in Klövern, to a value of approximately SEK 1,350 million. Klövern's Chairman of the Board, Patrik Essehorn, tells Nordic Property News about the new issue and plans for the future.
Andreas Martinussen, CEO of Nordr.

Nordr Sold Residential Units worth NOK 700 Million in Q1

Nordic — Nordr sold 121 homes (89 net) worth NOK 700 million (500 million net) during the first quarter of the year. The sales value amounted to NOK 570 million in Norway and 130 million in Sweden.
Frida Stannow Lind, Johanna Hult Rentsch and Joacim Sjöberg.

Nordic Top Recruitments in Q1

Nordic — The hottest Nordic recruitments in Q1.

KLP Eiendom Buys from Deka in Oslo

Norway Norway — KLP Eiendom has entered into an agreement with WestInvest Gesellschaft für Investmentfonds mbH on the purchase of Wiiv Norway Holding AS, which indirectly owns Munkedamsveien 62B-D. For the buyer, the gross property value in the transaction is NOK 684 million. The takeover is planned for 24 April 2023.
NREP Logicenters signs lease for 
17,800 sqm logistics building with Vinhuset in Vestby.

Logicenters Signs Lease for Logistics Building with Vinhuset in Vestby

Norway Norway — At the Vestby Logistics Park, south of Oslo, NREP Logicenters has now signed a lease agreement with Vinhuset, which is owned by NorgesGruppen. The object of the lease is the 17,800 sqm logistics facility Stormåsan 42. Vinhuset expects to take up residence in September 2023.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter Buys Building Right from Serneke

Sweden Sweden — K-Fastigheter has acquired a building right for approximately 110 rental apartments in Ale municipality. The acquisition is made from a company within the Serneke Group and regards all the shares in the company that owns the property Ale Utby 3:113. A legally binding zoning plan is in place.
Malmö

Development Plans for Listed Duo to Change

Sweden Sweden — Trianon and JM want to build several hundred homes next to the Entré shopping center in Malmö – but the plan will change slightly in connection with the fact that the land reference must now be extended. Nordic Property News takes a closer look at the project.

Skanska Looks to Add Residential and Offices in Hot Malmö Area

Sweden Sweden — Skanska wants to demolish parts of the existing buildings on the site and develop the block with, among other things, new residential and office buildings. Nordic Property News takes a closer look at the plans.
Christoffer Walljaeger and Logicor's latest acquisition in Sweden.

Logicor's Nordic Expansion Plans after the Latest Acquisition

Nordic — With a new off market acquisition from Corem, Logicor continues to strengthen its position in the Nordics. Christoffer Walljaeger, Director, Asset Management in Sweden at Logicor, tells Nordic Property News about the plans for the newly purchased property in Rosersberg, what new acquisitions they are looking on the Swedish market and about the growth plans in the entire Nordic region.

Pension Danmark Makes Major Acquisition from Coop

Denmark Denmark — The collaboration between Coop and PensionDanmark is entering a new phase. The parties agree on a deal, where PensionDanmark takes over properties and land from Coop for a total price of DKK 1 billion.
Sven-Olof Johansson, CEO of Fastpartner.

Fastpartner Makes Changes in the Group Management

Sweden Sweden — Fastpartner is implementing a change in the group management, which means that the number of people will decrease from today's nine people to eight. This also causes a change in the administrative structure, where one goes from a division into four regions to three.
Fredrik Reinfeldt.

Fredrik Reinfeldt Remains on Heimstaden's Board

Nordic — Last Saturday, former Prime Minister Fredrik Reinfeldt was elected as the new chairman of the Swedish Football Association. However, the new position does not hinder his continued involvement in, among other things, Heimstaden's board, but during Thursday's annual general meeting he was re-elected as a board member.
Jacob Mörndal, CEO of M2 Asset Management and Rutger Arnhult, owner of M2.

Arnhult's Private Company Divests Big Volume in Castellum

Sweden Sweden — Rutger Arnhult's ownership company M2 Asset Management has repaid a securities loan of just under SEK 3 billion regarding shares in Castellum. After the transaction M2's ownership in Castellum amounts to approximately 1 percent of capital and votes.
They Increase their Rental Income Most in 2022.

They Increase their Rental Income Most in 2022

Nordic — Nordic Property News has taken a closer look at the listed property companies' rental income in 2022 to find out which heavyweights increased their income the most compared to 2021. Here is the full list.
Logicor acquires from Corem.

Logicor Acquires in Rosersberg

Sweden Sweden — Logicor has acquired a 19k sqm site in Rosersberg, Stockholm in an off-market deal, with Corem Property Group AB. The price is undisclosed.
Rutger Arnhult.

Rutger Arnhult Proposed as New Board Member of Corem

Sweden Sweden — The nomination committee of Corem proposes a new election of the main owner Rutger Arnhult as a board member.
Andreas Meyer.

Skåneporten Buys in Falkenberg

Sweden Sweden — Skåneporten acquires plot from the Church of Sweden.
These are the winners and losers in the nordic stock markets since the pandemic bottom almost three years ago.

Winners and Losers on the Stock Market Since the Pandemic Bottom

Nordic — It has now been a little more than three years since the pandemic bottom was reached on the nordic stock markets, and Nordic Property News has taken a look at which property stocks on the largest lists have performed best and worst during this period.