Axel Tärn.

Colliers: "The Nordic market stands out"

Nordic — Overall, there is a stable foundation in the Nordic real estate market, but there are still areas that can be improved to reduce companies' headaches. This is according to Colliers Nordics' Head of Research, Axel Tärn, when he presents their outlook for the market in 2025.
Westfield Mall of Scandinavia.

Bankruptcy claim and fines – the dispute over Mall of Scandinavia continues

Sweden Sweden — The dispute over the construction of the Mall of Scandinavia in Solna, Stockholm, has been going on for almost a decade and the parties Peab and Unibail Rodamco Westfield continue to demand bankruptcy and fines. For Nordic Property News, Unibail Rodamco Westfield's subsidiary, Rodamco Projekt, is responding to the criticism and bankruptcy demand from Peab.
Erik Hävermark.

Sveafastigheter acquires 137 apartments in Stockholm

Sweden Sweden — Sveafastigheter, Sweden's largest publicly listed pure-play residential company, is growing in Stockholm through the acquisition of two residential properties in Sätra and Bredäng. The agreed property value amounts to SEK 230 million, before deduction of deferred tax. The properties comprise a total of approximately 11,000 sqm of lettable area, divided into 137 rental apartments. The annual rental value amounts to approximately SEK 16.2 million.
Rikshem acquires from Besqab.

Rikshem acquires properties in Uppsala

Sweden Sweden — Rikshem is expanding in Uppsala through the acquisition of three newly constructed properties comprising a total of 127 rental apartments for SEK 263 million. The properties are located in the Kvarngärdet area and are being acquired from Besqab.
Andreas Staubo Boasson, Kjetil Martinsen and Anders Berggren.

Malling recruits Swedbank's Chief Economist

Norway Norway — Swedbank’s Chief Economist, Kjetil Martinsen, is joining Malling as Head of Research and Partner.
Bård Bjølgerud, Nordic CEO for Colliers. The image is a montage.

“Larger transactions are being planned as we speak”

Nordic — International capital has started to sniff on Nordic investments again and Bård Bjølgerud, CEO and partner at Colliers Nordics, says that talks are currently underway about several major transactions.
Mats Hederos.

"The intention was to focus on transactions and acquisitions"

Sweden Sweden — After just under two years at the helm, Christina Hambäck is stepping down as CEO of Qarlbo Property, following a strategic shift in the company’s focus. Executive Chairman Mats Hederos explains the change in direction, the mutual decision to part ways with Christina Hambäck, how leadership will function moving forward, and considerations regarding the recruitment of a successor.
Liia Nõu, CEO of Pandox.

Pandox and Eiendomsspar announce a possible offer for Dalata Hotel Group

Nordic — A consortium formed of joint offerors Pandox and Eiendomsspar confirms that it has submitted a non-binding proposal to the Board of Directors of Dalata regarding a possible all-cash offer by the Consortium to acquire the entire issued and to be issued share capital of Dalata, other than those Dalata shares in the beneficial ownership of the Consortium. The proposal comprises a cash offer of EUR 6.05 per ordinary share of Dalata and values the issued share capital of Dalata at approximately EUR 1.3 billion.

Niam divests two properties in Stockholm

Sweden Sweden — Niam Real Estate, on behalf of its Core-Plus II fund, has entered into an agreement to divest two properties in Flemingsberg, Huddinge Municipality, south of Stockholm. The properties are being acquired by Delcore Fastigheter, a joint venture between ICA Fastigheter AB and the pension company AMF. The transaction includes the retail property Generatorn 4 and the public property Generatorn 5—both fully leased assets with strong cash flow.
Logistea makes new Finnish acquisition.

Logistea acquires fully let property in Hämeenlinna

Finland Finland — Logistea acquires fully let property in Hämeenlinna with an underlying property value of EUR 25 million.
Roger Akelius.

Roger Akelius on the turbulence at Castellum: "Needs an experienced pilot to elevate the business"

Sweden Sweden — Castellum is currently experiencing internal turbulence following the announcement over the weekend that Chair of the Board Louise Richnau and board member Stefan Ränk are stepping down. Their decision comes after expressing a lack of confidence from the company’s largest shareholder, Akelius. In an interview with Nordic Property News, Akelius’ founder Roger Akelius comments on the resignations, explaining why he believes a leadership change is necessary and how he envisions the future governance of the company.
These are the winners and losers in the nordic stock market during May 2025.

Winners and losers on the stock market in May

Nordic — May was a mixed month for Nordic real estate companies on the stock exchange, with a big rocket at the top and a number of companies that had it a bit more rough at the bottom with red numbers. Here is the full list of the listed Nordic companies' performance on the stock exchange during the fifth month of the year.
Louise Richnau and Stefan Ränk.

Chair and Board Member leave Castellum

Sweden Sweden — Louise Richnau and Stefan Ränk to leave Castellum's Board at an Extraordinary General Meeting requested by Akelius Apartments Ltd.
SBB.

SBB divests residential portfolio for EUR 108 million

Sweden Sweden — Samhällsbyggnadsbolaget i Norden divests newly built residential properties for SEK 1,179 million (EUR 108 million).
Ilija Batljan, CIO, and André Gaden, CEO, of PPI.

PPI acquires nursing homes

Norway Norway — Public Property Invest has acquired a portfolio of seven nursing homes for elderly care for a total value of NOK 410 million, which partially will be settled in cash and partially in shares.
Mikael Wallner.

Where Active Fastighet looks for new investment opportunities

Sweden Sweden — After divesting both Flens Industrihus and Irsta Företagspark this spring, Active Fastighet is now turning its focus to acquisitions rather than further sales. CEO Mikael Wallner tells Nordic Property News about the recent divestments, acquisition plans, and the company’s key priorities for the remainder of the year.
Fredrik Linderborg, CEO of Vacse.

Vacse's growth targets within the community service property segment

Sweden Sweden — CEO Fredrik Linderborg on the challenges in the segment: "We want to increase our density."
Helsinki.

Public Property Invest acquires properties in Helsinki

Nordic — Public Property Invest acquires two healthcare properties in Helsinki.
Last year, Axfast purchased the properties Vinkelhaken 10 and 18.

Axfast expands in CBD

Sweden Sweden — Axfast strengthens its presence at in Stockholm CBD – acquires next to Hötorget.
Södra Änggården.

Platzer sells project property to Hub Park

Sweden Sweden — Platzer has signed an agreement with Hub Park to sell the property Högsbo 55:11 in Södra Änggården, Gothenburg. The property is a project property with a building right for a 16.000 square meter parking garage. The sale is being made as a corporate transaction with an ongoing construction project. Platzer will continue to be part of the collaborative organization and urban development of the area.
Cecilia Marholm.

CBRE IM recruits from Blackstone's Mileway

Nordic — CBRE IM strengthens its logistics team with recruitment from Blackstone’s Mileway.
Rickard Langerfors, CEO of Klövern, in front of their major project with Kista Square Garden. The image is a montage.

Klövern's ambitions for the office conversion niche

Sweden Sweden — Klövern is already working on a gigantic project where they are converting an office into a residential building. Now they have added another project to their portfolio and CEO Rickard Langerfors explains how they want to continue developing in that niche.
KLP Eiendom buys Selvaag Utleiebolig.

Selvaag sells Selvaag Utleiebolig to KLP – the largest rental housing transaction ever in Norway

Norway Norway — Selvaag AS has sold the rental portfolio owned by Selvaag Utleiebolig, including all underlying companies, to KLP. The portfolio consists of 17 projects with approx. 1,000 modern apartments in attractive locations across Greater Oslo and Bergen. The total property value is NOK 3.3 billion, including Mathildetunet in Lørenskog, which will be completed before year-end. This is the largest rental housing (multifamily) transaction ever in Norway.
Catena makes new acquisition in Denmark.

Catena acquires logistics facility in Copenhagen

Denmark Denmark — Catena has signed an agreement with PFA Real Estate to acquire a facility in Brøndby, Greater Copenhagen, for approximately DKK 285 million (EUR 38 million). Postnord is the tenant at the property.
Daniel Gorosch and Theodor Jarnhammar.

Catella appoints Daniel Gorosch to Head of Corporate Finance Europe

Sweden Sweden — Catella have appointed current interim CEO Daniel Gorosch as Head of Corporate Finance Europe following the announcement that Rikke Lykke will take up the position as permanent Group CEO on August 15.