On the left, Vasakronan's regional manager Kristina Pettersson Post and on the right, Wallenstam's deputy CEO Marina Fritsche

The companies' outlook on the potential office shortage

Sweden Sweden — Recently, a report was published by the West Swedish Chamber of Commerce on Gothenburg's office market, which states that if all currently planned office projects are completed, there is still the risk that the amount of office space it adds will not be able to meet the future need. How do the companies view that risk and the challenges of the office market? Wallenstam and Vasakronan gives their outlook on the office 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
The new Novo Nordisk facility in Odense.

Novo Nordisk invests in new production facility

Denmark Denmark — Novo Nordisk invests DKK 8.5 billion (EUR 1.14 billion) in new production facility in Odense.
Gardermoen business park.

OAC and Nrep announce major partnership at Gardermoen

Norway Norway — Oslo Airport City (OAC) and Nrep’s logistics platform, Logicenters, have entered into a joint venture and partnership agreement to develop OAC’s logistics park in Gardermoen business park (Ullensaker municipality) The collaboration involves a land bank of approximately 480,000 sqm gross area, with 353,000 sqm designated as developable land. The area was fully zoned earlier this summer.
The property Bylingen 1 in Stockholm, commonly referred to as the MTG Building.

Alma and Atell acquire a modern office building in Stockholm

Sweden Sweden — Alma Property Partners has, together with Atell, acquired the property Bylingen 1, located on Södermalm in Stockholm, from Deka Immobilien. The property comprises 14,200 sqm of lettable area and features modern office space with Viaplay Group as the main tenant.
Patrick Andersson.

Leaves the advisory side for the ownership side: "A broader spectrum"

Sweden Sweden — Svenska Hus strengthens its team with Patrick Andersson, who will be responsible for transactions and financing. He tells Nordic Property News about the step from the advisory side to ownership side, his view of Svenska Hus as a company, the advantage of a combined transaction and financing role and how he sees the transaction market going forward.
Firdo.

Skanska invests EUR 90 million in a new office project in Helsinki

Finland Finland — Skanska invests EUR 90 million in a commercial development project in Helsinki. The 14-storey building called Firdo will have approximately 15,000 square meters of transformable and modern office space. The construction contract is worth EUR 55 million, which will be included in the Nordic order bookings for the fourth quarter of 2024.
Mikael Hultqvist.

Mikael Hultqvist appointed new SVP Property Management at Pandox

Sweden Sweden — Mikael Hultqvist is leaving his position as CEO of Serneke Sweden to become SVP Property Management with overall responsibility for property management and property development at Pandox. He will be part of Pandox's group management and will begin his employment no later than June 2025. In connection with Mikael Hultqvist leaving Serneke, Miikka Suominen from the new owner company Mutares will take over as acting CEO.
Per Nilsson.

Prisma strengthens its management team

Sweden Sweden — On January 1, 2025, Prisma Properties' in-house property management team will take over responsibility for the company’s Swedish property portfolio. In connection with this, Per Nilsson, Prisma's Head of Property Management, will join the management team.
P-G Persson, CEO of Safjället Fastigheter.

The next step for Safjället Fastigheter after the major acquisition from Wallenstam

Sweden Sweden — Safjället Fastigheter strikes with a billion dollar deal as the first transaction. CEO P-G Persson tells Nordic Property News about the strength and the great development potential of the property that was purchased, why no new deals are planned in the near term and what will be the next step for the company.
Erik Klang, Business Strategist at Wallenstam, P-G Persson, CEO of Safjället Fastigheter, and Hans Wallenstam, CEO of Wallenstam.

Wallenstam sells commercial properties in Gothenburg

Sweden Sweden — Wallenstam has signed an agreement for the sale of four commercial properties with related development opportunities in Gothenburg. The buyer is Safjället Fastigheter through subsidiaries.

Heimstaden and Alecta enter into arbitration proceedings

Nordic — Alecta Tjänstepension Ömsesidig has initiated arbitration proceedings against Heimstaden Investment, a wholly owned subsidiary of Heimstaden under the shareholders agreement pertaining to Heimstaden Bostad.
Jenny Rehn, CEO of Nordiqus.

Nordiqus makes acquisitions in Kungsbacka

Sweden Sweden — Nordiqus acquires school and sports hall in Kungsbacka, South of Gothenburg.
Ali Ali.

"An exciting situation for the residential transaction market"

Sweden Sweden — Neobo recently announced that they are strengthening at the top of the company through the recruitment of Ali Ali as the new Head of Transactions. He tells Nordic Poperty News what attracted him to join Neobo, about his rapid career development, about his time at Rikshem and about his view of the transaction market for residential.
Elias Georgiadis, CEO Stenhus.

Stenhus on the list change at Nasdaq: "We are hungry and will be seen more"

Sweden Sweden — On Wednesday, Stenhus will ring the bell on Nasdaq's main list. Elias Georgiadis, CEO, is convinced that this will increase investment pressure and give the company more muscle on the transaction market: “We are eager to buy after two years of reorganization!”
Christina Heikel, urban development manager at the West Swedish Chamber of Commerce. In the background the illustration of Framtidens Backaplan in Gothenburg.

"The lack of office space in Gothenburg will inhibit growth"

Sweden Sweden — In a new report from the West Swedish Chamber of Commerce, it is stated that despite the high vacancy rate in Gothenburg's office market, the upcoming projects are far from sufficient to cover the upcoming need. Within ten years, the Gothenburg region may have a growth-limited office shortage in Gothenburg, says Christina Heikel, urban development manager at the Chamber of Commerce.
Per Johansson and Jacob Karlsson.

The keys for the new Brinova

Sweden Sweden — A giant deal in southern Sweden creates a new major player in the Swedish market. After it is clear that Brinova is buying properties for SEK 10.8 billion (EUR 934 million) from K-Fastigheter, Per Johansson, CEO of Brinova, and Jacob Karlsson, CEO of K-Fastigheter, tell us how the new Brinova will be developed and the volume advantages that will be taken advantage of after the deal .
Carl-Emil Lindholm in front of one of the acquired properties in Stockholm. The image is a montage.

Infranode sets focus on Sweden – here is where they want to grow

Sweden Sweden — Infranode takes a first step into the Swedish public property market. After the acquisition in Telestaden in Stockholm, Carl-Emil Lindholm, Partner and Head of Investments at Infranode, tells Nordic Property News about the growth plans within the segment, where you want to grow, how big deals you are looking for, how you look at cooperation opportunities with other companies and why Sweden is a priority target right now.
Louise Richnau.

Louise Richnau proposed as new Chairman of the Board of Castellum

Sweden Sweden — The Nomination Committee proposes that the current member and Vice Chairman of the Board, Louise Richnau, is elected Chairman at Castellum's Annual General Meeting 2025. Per Berggren, current Chairman of the Board of Castellum Aktiebolag, has informed the Nomination Committee that he declines re-election at Castellum's Annual General Meeting to be held on 7 May 2025.
Arkaden in Lund.

Skanska divests the rental residential project Arkaden

Sweden Sweden — Skanska divests a rental residential project with 139 rental apartments and a grocery store in Lund for about SEK 520 million (EUR 45 million) to LF Skåne Hyresfastigheter.
Linda Pettersson, CEO of Ernst Rosén.

Ernst Rosén acquires in Gothenburg

Sweden Sweden — Bror Johansson & Co AB is selling some of its properties in Lunden in Gothenburg. The buyer is Ernst Rosén AB, which previously manages a large stock in the area. The deal takes place through a company transfer.
The proposal seen from Odengatan.

Plans to demolish and build higher – at the important the public transport hub

Sweden Sweden — When Odenplan in central Stockholm is now being developed, the property owner wants the landmark property Läkarhuset to be dismantled and build a new office building on the same site. But the proposal, which is now to be considered at the highest political level, has met with criticism.
American giant rises on the ownership list in Fabege.

American giant increases in Fabege

Sweden Sweden — Increases its own investment by close to to ten percent and rises in the list of owners.
Per Johansson and Jacob Karlsson.

K-Fastigheter makes blockbuster divestment to Brinova

Nordic — K-Fastigheter has entered into a binding share transfer agreement to divest its entire portfolio of investment properties in Region Syd to Brinova Fastigheter for an agreed property value of MSEK 10,760 (EUR 934 million). The portfolio accounts for approximately 75 per cent of K-Fastigheter's total investment portfolio in terms of market value. Payment will be made in the form of newly issued shares in Brinova. Upon completion, the transaction will make K-Fastigheter the largest shareholder in Brinova with an ownership of not more than 58.4 per cent of the votes and capital.
Infranode makes acquisition from Ikano Bostad and Rikshem.

Infranode makes first investment in Swedish social infrastructure

Sweden Sweden — Infranode has acquired two key social infrastructure assets from Ikano Bostad and Rikshem. Located in Farsta, in southern Stockholm, the properties house a police station and an elderly care facility.
Carl-Adam von Schéele, Head of Sweden for Nrep; Lesley Lanefelt, Head of Nordic Investments for Velo Capital, and Sanna Gurevich-Weiß, Fund Manager and COO for Velo Capital.

Urban Partners bolsters senior leadership with three Partner promotions

Nordic — Urban Partners announces promotions of three longstanding team members to Partners, with representation across real estate equity strategy Nrep and real estate credit strategy Velo Capital. New partners are based in two of Urban Partners' largest real estate markets in the Nordics, Sweden and Finland.