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.
Martin Lindgren in front of the Rotterdam 1 property in Stockholm where Castellum signed a major deal with TV4. The image is a montage.

Castellum recruits from Colliers

Sweden Sweden — Castellum makes a renowned recruitment when Martin Lindgren joins as Head of Leasing Stockholm. Lindgren tells Nordic Property News what attracted him about Castellum, taking the step back to the ownership side, how he views the portfolio he will be working with and about the keys needed in the rental market in 2025.
Nrep's upcoming project is located in the blue property on the right.

Nrep moves towards new land allocation in growing Stockholm district

Sweden Sweden — Noise investigations has stopped the development of the property several times. But now Nrep is moving towards its fourth land allocation in Stockholm and will be allowed to take the project further.
28&7.

Corem signs five new lease contracts in New York

Sweden Sweden — Corem has signed an additional five new lease contracts for a total of 3,362 square meters in New York. As a result, Corem's total annual contract value for all signed leases in the US increases by approximately USD 3 million and thereby amounts to approximately USD 22 million and the occupancy rate in the project properties 1245 Broadway and 28&7 hereby amounts to 74 and 87 percent, respectively.
Jon Johnsson.

Incoming CFO Jon Johnsson appointed Deputy CEO of Bonava

Sweden Sweden — On 26 June 2024, Bonava announced that Jon Johnsson had been appointed the new CFO and member of Bonava's Executive Management Group. Bonava's Board of Directors has decided to also appoint Jon Johnsson as Deputy CEO of Bonava. He will assume the roles of Deputy CEO and CFO on 2 January 2025.
Vision image of the Smörkärnan block in Lund.

NCC to build 185 rental apartments in Lund

Sweden Sweden — NCC, on behalf of Tetra Laval Real Estate AB, is to build 185 apartments in the Västerbro district in central Lund. The project is a turnkey contract and the order value is approximately SEK 330 million (EUR 29 million).
Jonas Bjuggren in front of the office project Yrket 4 in Solna, Stockholm.

The future plans for Folksam's real estate portfolio – after the major acquisitions in Stockholm

Sweden Sweden — Folksamgruppen expands its real estate portfolio with two major acquisitions in the same week. After the acquisitions, Folksamgruppen's property director Jonas Bjuggren tells Nordic Property News about the acquisition volume in 2024, the step from the inner city out to Solna with the purchase of the office project Yrket 4 for EUR 312 million, which parts of Stockholm they want to continue in and about the focus in 2025.
David Mindus.

Sagax makes European acquisitions

Sweden Sweden — Sagax has through eight separate transactions acquired 18 properties for the equivalent of SEK 750 million (EUR 65 million).
Kestutis Sasnauskas, CEO of Eastnine.

"The possibilities far exceed the capital we have"

Sweden Sweden — Eastnine has landed its first acquisition in Warsaw, a market the company has long had in mind. In connection with the purchase, the company's CEO, Kestutis Sasnauskas, spoke to Nordic Property News about the future prospects for Eastnine, for the office segment and for the industry as a whole. In addition, the CEO shared his thoughts on the geopolitical situation.
Besqab acquires building rights.

Besqab acquires Stockholm building rights

Sweden Sweden — Besqab acquires building rights for approximately 170 residential apartments at Kungsholmen in Stockholm.
Asi Kahana.

Citycon appoints Asi Kahana as MD of Sweden and Denmark

Nordic — Asi Kahana has been appointed to the position of Managing Director for Sweden and Denmark at Citycon. This includes a total of eight centres, of which six are in Sweden and two in Denmark.

The largest sellers in Q3

Nordic — These are the largest sellers among the listed Nordic companies in Q3.
Stockholm.

Nordic expansion on the horizon for Vendus after Nordika's entry

Nordic — Nordika is increasing its focus on grocery properties. This by stepping in as the main owner of Vendus. Gabriel Cronstedt, COO and co-founder of Nordika, tells Nordic Property News about the development of the segment, how Vendus will grow to EUR 500 million within three years, Nordika's influence in the company and about a possible expansion outside of Sweden.
Sirius makes acquisition from Toivo.

Sirius adds 240 apartments to its residential portfolio

Finland Finland — Sirius Capital Partners’ newly established residential vehicle continues its build-up strategy with the acquisition of three newly-built residential buildings comprising 240 apartments. The assets were acquired from Toivo Group Oyj for approximately EUR 35 million.
Urban Light acquires Kreate Group’s headquarter, which is located on the north side of Helsinki-Vantaa airport.

Urban Light completes sale-and-leaseback transaction for Kreate Group’s HQ

Finland Finland — Urban Light continues to expand its light industrial and logistics portfolio by acquiring two light industrial properties from the rapidly developing Jussla area. The acquired properties are located next to Urban Light’s first acquisition in Högbergintie 4, allowing for versatile development of the area in the future.
Vacse acquires the property Supernovan 1 in Huddinge.

Vacse expands in Huddinge

Sweden Sweden — Vacse expands its property portfolio with a property within the Swedish judiciary in Huddinge municipality, South of Stockholm.

The largest buyers in Q3

Nordic — These are the largest buyers among the listed Nordic companies in Q3.
Sverker Källgården, CEO of Nivika.

"We hope to grow further during the winter"

Sweden Sweden — Nivika continues to make acquisitions in the Småland region. After the latest acquisition in Värnamo, CEO Sverker Källgården tells Nordic Property News about the growth journey, the market situation in the region, about the first months as CEO of Nivika and what will be most important for the company in 2025.
NCC sells to Folksam.

Folksam makes major acquisition from NCC

Sweden Sweden — NCC is divesting the Yrket 4 office project in the City of Solna, Sweden, to KPA Tjänstepensionsförsäkring AB, which is part of the Folksam Group. NCC will develop the property into a new head office for the public authority Svenska kraftnät.