Reima Rytsölä has been appointed President and CEO of Kojamo

Finland Finland — The Board of Directors of Kojamo plc has appointed Reima Rytsölä President and CEO of Kojamo plc. He will start in his position latest on 1 June 2025. Erik Hjelt will continue as interim CEO until Reima Rytsölä assumes his role.
The property Ölslanda 10:84 outside Gothenburg.

ABG Fastena acquires in Gothenburg

Sweden Sweden — ABG Fastena acquires a warehouse property in Lerum, Ölslanda 10:84. The rentable area amounts to 3,500 square meters and the property's area measures 7,200 square meters. Ahlsell is a tenant on a long lease. The building will be completed in 2022. The seller is a company jointly owned by Varis Förvaltning and Pelldén Fastighet AB.
Kaveh Feliciano, founder of Creiman.

Creiman aims for Finland with new board

Nordic — Creiman, a relatively newly established consultancy in the construction and property industry, has recruited four well-known members to its board. We spoke to the company's founder and CEO, Kaveh Feliciano, who believes that Creiman will now aim to become a leading player in the construction and property industry.
Thorsten Slytå.

Blackrock: "We hope to see more activity in the Nordics"

Nordic — Blackrock continues to gear up by appointing Thorsten Slytå to the newly established role of Head of European Real Estate Strategic Partnerships. He tells Nordic Property News about the opportunities that come with strategic partnerships, what role the Nordic markets will play and what he hopes to achieve in his new position.
Art-Invest buys Stockholm Quality Outlet.

Art-Invest Real Estate acquires from Patrizia

Sweden Sweden — Art-Invest Real Estate has acquired the properties Säby 3:22, 3:77, and 3:78 in Barkarby, located in the metropolitan area of Stockholm, Sweden, from Patrizia. This marks the first acquisition by Art-Invest Real Estate’s newly established Stockholm branch.
Storebrand buys in Viared.

Storebrand Nordic Real Estate Fund marks its second investment

Sweden Sweden — Storebrand Nordic Real Estate Fund (SNRE) has achieved another milestone with its second strategic acquisition, a high-quality logistics property located in the Viared logistics hub in Borås, Sweden. This latest investment further solidifies Storebrand's Nordic growth ambitions within the core-plus segment.
Lars Scheibel and Kristian Krogh.

NCC makes key-appointments

Denmark Denmark — NCC in Denmark makes changes to two key positions. Lars Scheibel becomes Director of Building Denmark and Kristian Krogh takes on the role of Director of Property Development in Denmark
Paul Malino.

Paul Malino appointed Head of Technical Property Management at Technopolis

Finland Finland — Technopolis has appointed Paul Malino as the Head of Technical Property Management. Malino started in the position on 2 October 2024.
The property Oas in Malmö.

Skanska divests Malmö office property to internal portfolio

Sweden Sweden — Skanska Commercial Property Development divests Oas in Malmö for about SEK 380 million (EUR 33 million) to internal portfolio.
Kornwestheim.

Logicenters JV makes acquisition in Germany

Nordic — Logicenters and Evolutiq secure strategic commercial property in the Stuttgart metropolitan region.
Klarabo buys in Helsingborg.

Rikshem sells to Klarabo

Sweden Sweden — Rikshem sells seven properties in Helsingborg to Klarabo. The deal includes 740 apartments with approximately 57,000 square meters of rentable area and is made at an agreed property value of SEK 850 million.

The companies with the lowest ICRs

Nordic — Nordic Property News took a closer look at the companies' interest coverage ratio to find out how interest-sensitive they are. A third of the companies have an interest coverage ratio that is below the often used target set by many of 2.0. Almost as many are hovering close. Here is the full list.

Winners and losers on the stock market in November

Nordic — After a tough October, the stock market stabilized for the real estate and construction shares dropped significantly in November. Nordic Property News Nordic Property News presents the winners and losers on the stock exchange during October.
SLP acquires in Hallsberg and Nässjö.

SLP makes sale-and-leaseback transaction with Postnord

Sweden Sweden — SLP acquires two logistics properties with a property value of approximately SEK 470 million (EUR 41 million) from Postnord in a sale-and-leaseback transaction.
Posti moves to Ilmarinen's building.

Posti's head office returns to the historic Postitalo building

Finland Finland — Posti will return to its roots in the heart of Helsinki when the company's head office moves back to the historic Postitalo building in late 2025.
Sofie Bennsten, soon to be former CFO of Catena.

Catena's CFO steps down: "Time for something new"

Sweden Sweden — Sofie Bennsten has chosen to end her employment as CFO and vice president at Catena. "I've been doing this for 25 years and I'm getting tired of it, quite simply."
Nordic Property News lists the companies with the strongest management results during the third quarter of 2024.

The companies with the highest incomes from property management

Nordic — Nordic Property News has reviewed the listed companies' reports during the third quarter. Which companies end up at the top and which ones fall, in terms of income from property management by Q3? Here is the full list!

List: The companies with the highest LTVs

Nordic — Lowering debt has been the focus of the real estate company for the past two years. Nordic Property News has taken a closer look at the listed companies' latest quarterly reports to find out what the loan-to-value ratio looks like. Here is the full list.
Henrik Olsson.

The segment Henrik Olsson keeps an eye on

Sweden Sweden — Coeli is strengthening its team by recruiting Henrik Olsson as the new Head of Real Estate Investments. He tells Nordic Property News about the new role at Coeli, how he sees the transaction market developing, which segment he is keeping an eye on and which markets he sees as interesting for investment.
Fennia Life sells to Corum.

Corem acquires Helsinki property from Fennia Life

Finland Finland — Fennia Life has sold a well-known medical center property to a fund managed by the French company Corum. Located at Raumantie 1a, Pihlajalinna Dextra Munkkivuori offers the most comprehensive private emergency services in the Helsinki metropolitan area, including pediatric emergency care, accident and emergency care, and general practitioner services.
Christian Wæver.

ALFA Development appoints new COO and Head of Development

Denmark Denmark — ALFA Development has hired Christian Wæver as COO (Chief Operating Officer) and Head of Development. He will join on December 1, 2024.
The residential project Mandelblomman.

Skanska makes SEK 530 million investment in residential project

Sweden Sweden — Skanska invests about SEK 530 million in the residential project Mandelblomman in Täby Park outside Stockholm. Mandelblomman consists of 156 apartments, 75 parking spaces in a garage and two premises.
Leiv Synnes, CEO of SBB.

The challenges for SBB causing CEO Leiv Synnes headache

Nordic — In headwinds and tailwinds, SBB continues to increase stability, reduce debt and raise the property values. When CEO Leiv Synnes presents the results of the year's Q3 report, it is one headache that remains.
SBB.

The American giant continues to slash its SBB holdings

Sweden Sweden — Dumps shares and recudes its holding by 35 percent during Q3.
M7 and Centerbridge make JV-acquisition in Fredericia.

M7 makes Danish JV-acquisition with Centerbridge

Denmark Denmark — M7 acquires Snaremosevej 63-65 in Fredericia for European Industrial Outdoor Storage JV with Centerbridge.