Philippe Cervesi, Real Estate Director and Partner at Corum.

The French Property Investor Aims for Nordic Expansion

Nordic — Philippe Cervesi, Real Estate Director and Partner at Corum, that is present in Finland and Norway: “We hope to soon enter Denmark and Sweden.”
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
They have the lowest ICRs in the Nordics.

They Have the Highest ICR Levels in the Nordics

Nordic — Nordic Property News presents a list over the Nordic listed companies with the highest Interest Coverage Ratios in 2022.
Jacob Widahl, CEO for Panattoni Denmark.

Panattoni Enters the Danish Market

Denmark Denmark — Panattoni, Europe's largest developer of logistics and industrial properties, expands into the Nordics after entering the Swedish market in 2021 and now establishing a new team in Denmark with Jacob Widahl as managing director.
Fredrik Thorén.

Slättö recruits Fredrik Thorén

Nordic — Slättö recruits Fredrik Thorén as Director, Financing, to complement the firm’s already strong financing team. Fredrik will play a key role in helping realise the business opportunities Slättö continues to generate in Sweden, Finland and across the Nordic region.
Collage of Antti Muilu, Niam, and the vision of the office project.

Reasons Behind Niam’s Major Office Investment in Helsinki

Finland Finland — Niam’s Country Manager Antti Muilu on acquiring Finland’s tallest office tower: “We see that the office demand is improving, but…”
Nordic Property News lists the vacancy rates among the listed real estate companies in the Nordics.

The Companies with the Highest and Lowest Vacancy Rates in 2022

Nordic — Nordic Property News presents a list of 2022's vacancy rates among the listed Nordic real estate companies.
Eva Landén, CEO of Corem.

Corem Sells Site Leasehold in Stockholm

Sweden Sweden — Corem has signed an agreement to divest the site leasehold to the property Stockholm Induktorn 37 at an underlying property value of SEK 127 million, which is in line with book value.
Fredrik Salman.

Verdion Appoints New Investment Manager in the Nordics

Nordic — Pan-European logistics real estate specialist Verdion has strengthened its Nordics business with the appointment of Fredrik Salman as Investment Manager – Nordics.
Rikke Lykke.

DEAS Group Makes Large Energy Investment

Denmark Denmark — DEAS Group has invested a double-digit million DKK amount in the company IQ Energy Nordic. The company holds the exclusive Nordic vendor rights to the Energy Management System Eniscope.
The Norwegian oil fund sold almost its entire holdings in SBB during 2022.

The Norwegian Oil Fund Has Divested Almost Everything in SBB

Sweden Sweden — Nordic Property News has mapped the Norwegian oil fund's holdings in Swedish listed real estate companies during 2022, and one find is that the fund sold almost its entire holding in SBB last year, a holding that was worth NOK 1.6 billion when 2022 started. Here you can read about how the ownership has changed in other property companies compared to 2021 and see which new companies the fund has holdings in as of 2022.
Park central.

NCC and Jernhusen Create JV for Gothenburg Project

Sweden Sweden — NCC and Jernhusen form joint venture company for Park Central in Gothenburg.
Kestutis Sasnauskas, CEO of Eastnine.

Previously Announced Eastnine Divestment Terminated

Sweden Sweden — The agreement regarding sale of Eastnine’s holding in MFG to Sistema PJSFC is terminated. Eastnine will continue to seek an exit from its investment and is in dialogue with potential buyers.
Senate Properties and SOK divested a 15,535 sqm office and logistics property to a private investor in Kuopio.

Senate Properties Divests Property in Kuopio

Finland Finland — Senate Properties and SOK divested a 15,535 sqm office and logistics property to a private investor in Kuopio. The buyer will develop the property and continue to offer it for rental use.
The largest deals in the Nordics, during February.

February 2023: The Nordic Top Transactions

Nordic — Nordic Property News lists the largest transactions in the Nordics during February, 2023.
Niam to develop tallest office high rise in Finland.

Niam Acquires Office Project – Will Create Finland’s Tallest Office Tower

Finland Finland — Niam has entered into an agreement to acquire a development project called Kalasataman Horisontti from listed construction company SRV. The 11,700 sqm project will – once completed – include Finland’s tallest office tower spanning 111 meters over 26 floors.
NCC to construct swim center in Oulu.

NCC Constructs Swim Center in Oulu

Finland Finland — NCC has been commissioned by Oulun Tilapalvelut to construct Linnanmaa swim center in Oulu. The project is a construction contract and the order value is approximately SEK 190 million.
The preference shares with the highest yields on the stock exchange.

The Nordic Preference Shares with the Highest Dividend Yields

Nordic — Nordic Property News has listed the Nordic real estate companies’ preferred stocks. Which stock provides the highest yield and which stock has had the best development during 2023?
Henrik Saxborn, Biljana Pehrsson, Ylva Sarby Westman and Rutger Arnhult.

The Costs of Castellum's Management Changes

Sweden Sweden — Castellum is currently looking for its third CEO after Henrik Saxborn's successors Biljana Pehrsson and Rutger Arnhult left the post at the beginning and end of 2022, respectively. The company has gone through a number of changes in the leading chairs in the past year and based on the annual report released earlier this week, Nordic Property News can tell you how much more the company paid out to its CEO:s and deputy CEO:s in 2022 compared to the more quiet 2021.
Skanska.

Skanska Gets Expansion Assignment in Ylöjärvi

Finland Finland — Skanska will build a new Prisma in Ylöjärvi.

Corum Acquires Office Property from Antilooppi

Finland Finland — Antilooppi sells Takkatie 1 office property to Corum. The property is situated in Pitäjänmäki submarket, close to commuter train station.
Balders CFO Ewa Wassberg and Handelsbankens analyst Johan Edberg on Balders rating downgrade.

Share Price Drop for Balder After Rating Blow: "Creates an Uncertainty"

Sweden Sweden — On Wednesday, Balder received a lowered credit rating from the rating institute Moody's, to Ba1 from previously Baa3, while the outlook for the rating is considered stable. The announcement caused Balder to fall five percent on the stock market and took many other real estate companies with it in the decline. Handelsbanken's analyst Johan Edberg tells Nordic Property News that the rating announcement was expected but that it has a signal value and can create long-term uncertainty around Balder. Balder on the other hand believe that Moody's report contains "factual deficiencies".
Rollco facility at Snårskogen 5.

Wihlborgs Builds Facility for Industrial Company in Helsingborg

Sweden Sweden — Wihlborgs has signed an agreement with the industrial company Rollco for construction of a new 3,600 m² facility at Snårskogen 5 in Väla Norra. The facility is set for completion in summer 2024 with an initial ten-year lease.
Veidekke changes its organisation in Bergen.

Veidekke Makes Management Changes

Norway Norway — Thor Småbrekke will be taking over from Erlend Bygness as the Regional Manager of Veidekke Bygg Bergen on 1 March.
Per W. Hallgren, CEO of Jeudan.

Jeudan Stands Strong in Challenging Times: “A Net Buyer in Copenhagen”

Denmark Denmark — Per W. Hallgren, CEO of Jeudan, on the 2022 results, the upcoming challenges on the market, and future investment targets.
Liia Nõu, CEO of Pandox.

Pandox Acquires Stockholm Hotel for SEK 400 Million

Sweden Sweden — Pandox has acquired and gained access to Best Western Hotel Fridhemsplan in central Stockholm. The hotel property has 221 rooms and is operated under a fixed lease with a private operator.