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Per Nilsson.

John Mattson sees more activity in the market

Sweden Sweden — John Mattson delivers an increased management result and had a continued positive value development in the property portfolio during the quarter. The company's adaptation to new conditions has been successful and John Mattson can now once again invest in long-term value creation.
South Molton.

Skanska builds commercial office development in London

Sweden Sweden — Skanska has signed a contract with a Grosvenor and Mitsui Fudosan UK joint venture to construct South Molton that comprises two new category A office buildings in London, UK.
Urban Light acquires two properties near the Helsinki-Vantaa airport.

Urban Light acquires two logistics and light industrial properties in the Helsinki metropolitan area

Finland Finland — Urban Light continued growing its light industrial and logistics portfolio by acquiring two properties near Helsinki-Vantaa airport, with the total portfolio now comprising over 33,000 sqm across four properties.

Winners and losers on the stock market in October

Nordic — After a blossoming September the real estate and construction share dropped significantly in October. Nordic Property News Nordic Property News presents the winners and losers on the stock exchange during October.
Steam Hotel in Västerås.

Balder and Peab acquire properties from their JV Centur

Sweden Sweden — Balder has acquired properties valued at SEK 5.2 billion (EUR 474 million) from its joint venture Fastighets AB Centur as of 1 November 2024. At the same time, Fastighets AB Centur divests properties valued at SEK 2.1 billion (EUR 191 million) to Peab.
Oscar Engelbert, founder and former CEO of Oscar Properties.

Oscar Properties in bankruptcy – can't afford to appeal

Sweden Sweden — The fight is over, the growing debts finally became too much, and the Swedish Tax Agency's bankruptcy application was the death blow. Oscar Properties is declared bankrupt. CEO Richard Bagge comments on the outcome of the court on Thursday.
Illustration of the development property Strandgata 19 close to Oslo S, Thon Hotel Opera, Diagonale and Karl Johans gate.

Olav Thon Gruppen and Bane NOR Eiendom join forces at Oslo S

Norway Norway — The Paléet Parkeringhus by Oslo S will be demolished, and together Olav Thon Gruppen and Bane NOR Eiendom AS will build a new office building of approximately 17,000 sqm. Through the subsidiary Stormgård AS, Olav Thon Gruppen has entered into an agreement with Bane NOR Eiendom for the purchase of a 50 percent share in the development property Strandgata 19.
Thomas Evertsson.

Thomas Evertsson new Chairman of Svenska Handelsfastigheter

Sweden Sweden — Svenska Handelsfastigheter's board has decided to elect Thomas Evertsson as the new Chairman.
Ilija Batljan and André Gaden.

André Gaden replaces Ilija Batljan as CEO of PPI

Norway Norway — The Board of Public Property Invest has appointed André Gaden as the new CEO of PPI. He is today the COO of PPI. The Board has also appointed Ilija Batljan as new CIO of PPI. Batljan has served as interim CEO since the IPO in April 2024.
Logistea divests property at Skarvenesveien 3 in Narvik.

Logistea optimises portfolio by divesting two properties in Norway

Norway Norway — Logistea has completed the sale of two properties in Norway for a combined underlying property value of NOK 171 million (EUR 15 million), which corresponds to the combined book value of the assets.
Oscar Properties.

Threat of bankruptcy approaches for Oscar Properties

Sweden Sweden — Oscar Properties CEO Richard Bagge comments on the postponed bankruptcy negotiations that are taking place today.
Erik Selin, CEO of Balder.

Balder ready to start growing again in 2025

Nordic — With stabilized yields, Balder is ready to grow in 2025. CEO Erik Selin shares his view of Balder's growth opportunities in the coming years and where he sees potential for favorable development going forward.
Forskaren.

Vectura signs new lease in Forskaren

Sweden Sweden — Vectura Fastigheter has signed a contract with the global pharmaceutical company Takeda in the Forskaren property in Hagastaden. According to the property company, Takeda will be an important piece of the puzzle in the life science cluster in Hagastaden.
Ylva Sarby Westman, CEO of Neobo.

Neobo is open to enter the bond market

Sweden Sweden — Currently up on the stock market main list, Neobo had the opportunity on Friday to present how their third quarter has been and what lies ahead. Among other things, with the Nasdaq listing behind them, the CEO is now opening up to expand financing beyond the exclusive relationship they have with solely Nordic banks.
Logistea's CEO Niklas Zuckerman. The image is a montage.

How Logistea benefits from the merger with KMC Properties

Nordic — In June, it was announced that Logistea and KMC Properties are merging to form a Nordic property company in logistics, warehouse and light industry. The merger is now complete and this Friday Logistea presented its first quarterly report after this event.
Catena builds in Linköping.

Catena is building a new logistics facility in Linköping for San Sac

Sweden Sweden — Catena is building a new facility for San Sac at one of Catena’s existing properties in Linköping, involving an investment of approximately SEK 127 million.
Niam acquires in Norrköping.

Niam acquires prime logistics asset in Norrköping

Sweden Sweden — Niam acquires a prime logistics asst in the strategically positioned and expanding Klinga Logistics Park, just south of Norrköping city centre. The newly developed asset encompasses 30,412 sqm of modern logistics space, constructed in 2023, and showcases high sustainability standards with a BREEAM Excellent certification.
Logicenters is expanding in Brabrand.

Logicenters is expanding in Denmark with a new logistics center

Denmark Denmark — Logicenters is expanding in Brabrand by acquiring a new logistics center with a total area of 13,649 sqm. The international express supplier DHL, which currently leases 6,210 sqm of the facility, is already operating. On the remaining area, Logicenters will build a speculative property available for lease.
Joacim Sjöberg, CEO of Castellum.

Castellum wants to become a bigger investor

Sweden Sweden — During Friday, Castellum presented its report for the third quarter of 2024. CEO Joacim Sjöberg talked, among other things, about how the summer's optimism faded a little during the fall and about how the company should move forward when becoming a net investor in 2025.
David Mindus.

David Mindus on the appointment of the new Nyfosa CEO: "Good conditions to create shareholder value"

Sweden Sweden — Nyfosa has finalized a new CEO for the company, where Carl-Johan Hugner will succeed Stina Lindh Hök at the turn of the year. With the recruitment completed, Nyfosa's Chairman David Mindus tells Nordic Property News why the choice fell on Carl-Joha Hugner, about the recruitment process and how the company should be under the new leadership.
Besqab completes and delivers first project in Patrizia deal.

Besqab completes and delivers first project in Patrizia deal

Sweden Sweden — Besqab has completed and delivered the first project in the portfolio of rental residential projects sold to Patrizia in June 2022. The handover takes place according to schedule.
Christian Fredrixon, CEO of Cibus.

Cibus acquires in Borlänge

Sweden Sweden — Cibus Nordic Real Estate acquires one grocery store in Sweden for an underlying property value of SEK 75 million.
Stina Lindh Hök, CEO of Nyfosa.

"Perhaps I will start my own business – but first a few weeks off"

Sweden Sweden — Nyfosa reports an increased management result in the third quarter of 2024, compared to the same period the year before. This is also the last financial report with Stina Lindh Hök as CEO. "I am proud of what I am leaving behind", she tells Nordic Property News.
Peter Wallin, CEO Bonava.

How Germany's troubles opens opportunities for Bonava

Nordic — Germany is sick - but that is precisely why Bonava is preparing for land purchases in its strategic markets. “We see that type of opportunity, especially in Germany right now”, says CEO Peter Wallin. On Thursday, he and Bonava presented their third quarterly report.
Carl-Johan Hugner becomes new CEO of Nyfosa.

Carl-Johan Hugner appointed new CEO of Nyfosa

Sweden Sweden — The board of directors of Nyfosa has appointed Carl-Johan Hugner as new CEO. He will take his position in January 2025 and will replace the current CEO, Stina Lindh Hök, who will remain in office until Carl-Johan Hugner takes over.