The Thon Group has made a bid for Olav Thon.

Thon Group makes bid for Olav Thon

Norway Norway — Thon Group makes a cash offer of NOK 335 per share in Olav Thon Eiendomsselskap, corresponding to a total value for the property company of approximately NOK 34 billion. Thon Group will delist the company from the Oslo Stock Exchange following the transaction.
Entra signs new ten-year lease agreement in Bergen.

Entra signs new ten-year lease agreement in Bergen

Norway Norway — Entra has entered into a new ten-year lease agreement with Tide for approximately 2,000 square meters in the property Kaigaten 9 in Bergen.
There is a continued discount party on the real estate stock market, with only seven companies trading at a premium.

Continued discount party on the real estate stock market

Sweden Sweden — Nordic Property News has taken an updated look at the net asset values ​​of the Swedish listed companies after Q3 to see which ones are trading at a discount and which ones are trading at a premium on the stock exchange.
Leiv Synnes, CEO of SBB.

SBB in major transaction with its interest company PPI

Nordic — SBB has entered into three agreements with Public Property Invest ASA regarding the transfer of SBB’s community portfolio at a value of SEK 32 billion (EUR 2.9 billion).
Anneli Jansson and Jonas Bjuggren.

The top executives' views on the office transaction market

Sweden Sweden — The office transaction market is beginning to move again. During the seminar Stora Kontorsdagen, prominent industry figures Anneli Jansson and Jonas Bjuggren shared their perspectives on the market, their own investment strategies, and advice for other investors.
Barings makes residential acquisition outside Stockholm.

Barings acquires residential project in Greater Stockholm

Sweden Sweden — Barings has signed an agreement for the acquisition for a residential project in Åkersberga, Greater Stockholm.

The companies with the highest LTVs

Nordic — Nordic Property News presents a summary of which among listed companies had the highest loan-to-value ratios in Q3.
Jörgen Eriksson, CEO Catena.

Jörgen Eriksson: “We need to put more care into creating attractive properties”

Sweden Sweden — Jörgen Eriksson, CEO of Catena, spoke last week at the Logistik & Transport trade fair at the Swedish Exhibition & Congress Centre about “up-shaping” properties, why the company does not build on speculation, and an important insight learned from Kristina Alvendal.
Besqab announces changes in the management team.

Besqab announces changes in the management team

Sweden Sweden — Besqab announce changes in the Management team. Hanna Bodbacka becomes Head of Operations Development with responsibility for sustainability, project planning, purchasing and digitalization. Sara Vesterlund takes over as Head of Business Development and Anna Åkerlund leaves the Management team to focus on the role of Head of Investment Relations.
S&P downgrades Citycon’s credit rating.

S&P downgrades Citycon’s credit rating

Finland Finland — On 7 November 2025 S&P Global Ratings published that it has decided to downgrade Citycon’s issuer credit rating to B+ and the issue rating on Citycon’s unsecured notes to BB-. S&P states that the downgrade is a result of them treating Citycon as a group company of Norstar Holdings Inc., the parent company of G City, post G City’s ownership in Citycon increasing over 50 percent on 3 November 2025.
Capio Hjärnhälsan opens new clinic in a central Wihlborgs property in Helsingborg.

Wihlborgs signs new lease in Helsingborg

Sweden Sweden — The healthcare provider Capio Hjärnhälsan has recently opened a new psychiatric clinic covering an entire floor of 1,100 square metres at Drottninggatan 7 (Najaden 14) in central Helsingborg.
Jørgen Arnesen.

CBRE appoints new MD in Norway: “We continue to see strong growth ahead”

Norway Norway — CBRE has appointed Jørgen Arnesen as new Managing Director in Norway. He tells Nordic Property News about the new position, CBRE’s state and future in Norway and about the development of the Norwegian market.
Jessica Gräsberg.

Challenging leasing market may be turning

Sweden Sweden — The leasing market has been challenging in recent years, with cautious tenants, a strong focus on cost control, and a growing downsizing trend. But signs of improvement may now be emerging. Jessica Gräsberg, Head of Leasing at Colliers in Sweden, notes that the number of property viewings has returned to levels seen before the economic downturn, and that decision-making processes are moving faster.
Martin Grimme Strømme.

Clarksons makes Nordic expansion: “We see an opportunity to make attractive acquisitions”

Nordic — Clarksons Real Estate launches Nordic expansion with appointment of Martin Grimm Strømme as Investment Director and establishment of Nordic fund. He tells Nordic Property News about the timing, the opportunities, what they are looking to acquire and where, and what they search for in domestic partners.
The acquired logistics facility in  Hørning near Aarhus.

Stoneweg acquires modern logistics asset near Aarhus

Denmark Denmark — Stoneweg Group has completed the acquisition of a 16,300 sqm, modern logistics facility in Hørning, near Aarhus, Denmark’s second-largest city. The transaction has been made on behalf of its EUR 200 million logistics partnership with Pensam, the Danish labour market pension fund, which targets light-industrial and logistics assets across Denmark and Sweden.
Jenny Rehn, CEO of Nordiqus.

Nordiqus acquires three newly constructed educational assets in Finland

Finland Finland — Nordiqus has acquired three newly constructed, high-quality educational assets including an elementary school and two daycare centres in Finland from Hoivarakentajat Oy, for a total underlying property value of EUR 12.25 million.
Lena Boberg.

Alecta Fastigheter evaluates entry into a new market

Sweden Sweden — Five years have passed since Alecta consolidated its property portfolio into its own real estate company, Alecta Fastigheter. CEO Lena Boberg tells Nordic Property News about the status of the office portfolio, growth plans, and the potential to expand into additional markets.
Andreas Wahlén, CEO of NP3.

NP3 makes acquisitions in five cities

Sweden Sweden — NP3 Fastigheter has, through three property transactions, acquired 10 properties primarily comprising grocery retail stores, at a total property value of SEK 203 million.
Bent Oustad.

Bent Oustad appointed new President and CEO of Fabege

Sweden Sweden — The board of directors of Fabege has appointed Bent Oustad as the new President and CEO. He is currently CEO of the Oslo-based real estate company Norwegian Property ASA and has been a board member of Fabege since 2024. Bent Oustad will take office on December 1, 2025.
Fleminggatan in Stockholm.

Niam leases entire office property in Stockholm to government agency

Sweden Sweden — Niam Real Estate has signed a six-year lease agreement with a Swedish government agency for the entire property Smultronet 6 on Fleminggatan in central Stockholm. The lease covers all 12,400 square metres of office space on Kungsholmen.

Slättö makes its first logistics acquisition in Denmark

Denmark Denmark — Slättö, through its logistics and industrial platform Evolv, has made its first investment in the logistics segment in Denmark. The firm has acquired a portfolio of two logistics properties in Greve, located in supply-constrained Greater Copenhagen, and Odense, in a sale-and-leaseback transaction.
Johanna Skogestig, CEO of Vasakronan.

"Signs of improvement – but too early to confirm a turning point"

Sweden Sweden — Vasakronan is observing signs of improvement in the market, though it considers it too early to conclude that a turning point has been reached. CEO Johanna Skogestig tells Nordic Property News about the demand they are experiencing for their office spaces, the focus areas for strengthening their offering, and the potential for growth through acquisitions going forward.
Johanna Hult Rentsch.

Vacancies in Gothenburg are not driven by space reduction

Sweden Sweden — In an interview with Nordic Property News, Platzer's CEO Johanna Hult Rentsch talks about how the company is working to reduce its vacancies, what distinguishes Gothenburg's office market and what is driving the increased vacancy rates in the country's next largest office market.
Vasakronan's purchase of Solna United is the largest office deal in Sweden so far this year, according to Colliers' estimates.

The largest Swedish office transactions in 2025

Sweden Sweden — With only two months left in the year, a deal worth just over SEK 3 billion is the largest office deal on the Swedish market so far this year. Here, Nordic Property News lists the year's top ten.
Matthew Baker.

Kinnerton Capital closes EUR 91 million residential development loan in Greater Copenhagen

Denmark Denmark — Kinnerton Capital has closed a EUR 91 million senior construction facility for a landmark residential project in Glostrup, Greater Copenhagen.