Kristina Pettersson Post.

Vasakronan signs large office lease in central Gothenburg

Sweden Sweden — Vasakronan signs an 8,800 sqm office lease in central Gothenburg with the insurance company If – while keeping the vacating tenant SEB within their own office stock. Kristina Pettersson Post, Head of Gothenburg at Vasakronan, tells Nordic Property News about the leasing situation in Gothenburg and the trends on the market.
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

How the newly listed companies have fared on the stock exchange

Nordic — After years without Nordic real estate IPOs, three Swedish company enlisted on the stock exchange, two made listing changes to the main list, and PPI made its debut on the Oslo Stock Exchange in 2024. Nordic Property News has taken a closer look at how the newly companies' shares have developed.
Capman and Panattoni acquire in Mölnlycke.

Capman and Panattoni acquire a brownfield logistics development project outside Gothenburg

Sweden Sweden — The Capman Nordic Real Estate III fund and Panattoni have signed an agreement with Mitsubishi Logisnext Europe AB to acquire a brownfield logistic development project situated in the Gothenburg region which is the highest ranked logistics hub in the Nordics. The plan is to demolish the current outdated industrial buildings and, in their place, construct an EU taxonomy aligned modern logistics facility.

Changes to company management at John Mattson

Sweden Sweden — Starting the beginning of March, the property company John Mattson will introduce changes to the management team in order to once again focus on growth and further strengthen its sustainability work.
Bonava secures financing for investment properties in the Baltics.

Bonava secures financing for investment properties in the Baltics

Nordic — Bonava has secured financing from local banks for its investment properties as the company has reached a high occupancy rate. The two properties that Bonava has built, owns and manages in Tallinn, Estonia, and Riga, Latvia, include 208 housing units. The rental income amounts to about SEK 20 million on an annual basis.

Leaves Hufvudstaden for Alecta Fastigheter

Sweden Sweden — Alecta Fastigheter brings in key-player from Hufvudstaden.
Johan Johansson.

Revelop makes prestigious hire

Sweden Sweden — Revelop strengthens its investment team by recruiting internationally experienced Johan Johansson as Executive Director, Investment. He tells Nordic Property News about his new position and his view on the investment market in Sweden.
Joakim Efraimsson.

The CEO leaves Wästbygg

Sweden Sweden — Joakim Efraimsson has, at his own request, chosen to leave his position as CEO of Wästbygg AB and thus also his place in the group management, to take on new challenges outside the group.
The property Glaset 2 in Linköping.

Duseborg makes acquisition in Linköping

Sweden Sweden — Duseborg acquires Glaset 2 in Linköping, which is fully leased to Blomsterlandet.
Sverker Källgården, CEO of Nivika.

Nivika buys property in Jönköping

Sweden Sweden — Nivika has taken possession of the property Habo Kämparp 1:23, belonging to the Jönköping administrative area. The property comprises a total of 1,510 square meters of lettable area.
Tommy Åstrand, CEO Swedish Logistic Property.

SLP makes its largest deal to date: "We are known for our fast processes"

Sweden Sweden — On Friday, it was announced that Swedish Logistic Property is acquiring five strategically located logistics properties in Norrköping and Örebro. The transaction, which takes place off market, is SLP's largest acquisition ever. CEO Tommy Åstrand talks about the deal and the follow up during the rest of 2025 to such a launch of the year.
Logistics asset in Hyvinkää.

Savills IM sells to Swiss Life AM

Finland Finland — Savills Investment Management (Savills IM), the international real estate investment manager, has successfully sold the last remaining asset, a logistics property in Hyvinkää, Finland, on behalf of its Nordic Logistics Club Deal fund. The property was sold to a fund managed by Swiss Life Asset Managers Nordic. With this successful divestment in accordance with the business plan, Savills IM has achieved, for a core strategy, a double-digit IRR at fund level for its German institutional investors over a 10-year period.
Hampus Ållemark, Hannes Kimari and Emil Westman.

Trio leaves Pareto to start a new Nordic advisory company

Nordic — Hampus Ållemark, Emil Westman and Hannes Kimari have left Pareto to start the new transaction advisory company Helax Capital Markets. Hampus Ållemark tells Nordic Property News about the new venture, creating new business, how the company will differentiate itself from other advisors, and how they view the situation in the transaction market.
Åsa Thunman.

Åsa Thunman appointed new General Counsel at Skanska

Sweden Sweden — Åsa Thunman has been appointed as General Counsel and Executive Vice President at Skanska Group. She will take on her new position no later than July 8, 2025, and at the same time become part of the Skanska Group Leadership Team.
Verdion secures further EUR 100 million commitment for VELF 2, with closed capital now in excess of EUR 300 million.

Verdion secures further EUR 100 million commitment for VELF 2

Denmark Denmark — Verdion has secured a further EUR 100 million commitment for VELF 2, taking the level of closed capital in its second value-add fund to over EUR 300 million.
Invesco Real Estate, the USD 85bn global real estate investment business of Invesco, has acquired two residential assets in Ballerup.

Invesco acquires residential units from FB Gruppen

Denmark Denmark — Invesco Real Estate has acquired two residential assets in the affluent Ballerup sub-market of Greater Copenhagen on behalf of a European PRS mandate from a large German institutional investor.
The new warehouse building was supposed to house the collections of the City of Gothenburg's cultural administration. Now the project will be delayed.

Serneke Sweden's last contract: "We thought they would make it"

Sweden Sweden — A few days before Christmas Eve, Serneke Sweden's last contract was signed. A turnkey contract that would ensure that a new warehouse building would be built for the City of Gothenburg's cultural administration. The order was worth approximately EUR 283 million. But the fact that Serneke Sweden was heading for bankruptcy was not suspected by the municipal real estate company Higab, the other party to the contract.
Norges Bank invests in US logistics.

NBIM makes sizeable investment in US logistics

Norway Norway — Norges Bank Investment Management has acquired a 45 percent interest in a logistics portfolio in the US, comprising 48 buildings in Southern California, New Jersey, and Pennsylvania, in a new joint venture with Goodman Group.
John Strand, Transaction Manager at Stadsrum Fastigheter.

This is Stadsrum’s investment strategy after the big acquisition

Sweden Sweden — On Friday, it was announced that Fabege had signed an agreement with Stadsrum Fastigheter to sell the property Ynglingen 10 in Östermalm in central Stockholm, for an underlying property value of EUR 84 million before deductions for deferred tax. For Stadsrum, this is the first acquisition in almost three years. John Strand, Transaction Manager at Stadsrum, talks about the company's investment strategy going forward.
Erik Visteus.

Cushman & Wakefield recruits Erik Visteus as Deputy Head of Capital Markets

Sweden Sweden — Cushman & Wakefield continues to strengthen its Capital Markets team and recruits Erik Visteus as Deputy Head of Capital Markets.
Christian Fladeland, Co-CEO of Heimstaden AB and Ivar Tollefsen, chairman of Heimstaden AB and Fredensborg AS.

Heimstaden divests Danish development projects to Fredensborg

Denmark Denmark — Heimstaden has agreed to divest all of its shares in Thors Have MidCo ApS, Næsbyvej MidCo ApS and Atriet ApS to Fredensborg 32 AS for a total gross purchase price of DKK 849 million (EUR 114 million) and cash at closing of approximately DKK 341 million (EUR 46 million) on a cash and debt free basis. The transaction is expected to close in February 2025.
The property Ånsta 20:272 in Örebro is part of the portfolio SLP acquires from Barings.

SLP makes large acquisition from Barings

Sweden Sweden — SLP has today signed an agreement to acquire five strategically located logistics properties, four in Norrköping and one newly built property in Örebro. The properties have a total lettable area of 153,000 square meters. The agreed property value amounts to SEK 1,383 million (EUR 120 million) and the rental value in the fully CPI-adjusted lease agreements amounts to approximately SEK 91 million (EUR 8 million), which corresponds to SEK 594 (EUR 52) per square meter. The seller of the properties is Barings.
Kristina Grahn Persson.

Kristina Grahn Persson appointed Head of People & Culture at Castellum

Sweden Sweden — Castellum has recruited Kristina Grahn Persson as its new Head of People & Culture. She will take up the position on 27 January 2025, becoming part of Castellum’s Executive Management.
Serneke had the assignment for Handelshögskolan (The School of Economics) at the University of Gothenburg.

The large projects that are affected by Serneke Sverige filing for bankruptcy

Sweden Sweden — In September last year, Serneke was commissioned to build two new swimming pools for the city of Gothenburg. Now the projects are at risk of being delayed. And it is not the only project where the future is uncertain. More clients who have been affected by the consequences of the bankruptcy are now trying to gain control of the situation.
Kjell Stenudd.

Athena's growth plans on the care property market

Sweden Sweden — Major investment Athena Fastigheter takes the next step in its growth journey when it recruits Axel Berg as a new partner. As the team grows, CEO and co-founder Kjell Stenudd tells Nordic Property News about the company's growth plans, how it wants to balance acquisitions and development, the collaboration with external partners, which locations it sees as interesting to operate in and how the team at Athena Fastigheter will continue to be built.