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Robert Boije, Chief Economist at SBAB.

"Could be seven difficult years for the residential market"

Sweden Sweden — Darkness and hints of light are what the bank SBAB's Chief Economist Robert Boije sees when he looks out at the residential market in Sweden. But the fact that the Swedish central bank, Riksbanken, has now lowered the interest rate is one of the pieces for positive signs for residential developers.
TOP 4 Nordic
Nordic Nordic —
Winners and losers on the stock market in January
Nils Styf, CEO of Hemsö.
Nordic Nordic —
Nils Styf: "A lack of resources and expertise in many municipalities"
Mårten Othérus.
Nordic Nordic —
The growth targets for Nordr Sweden after Starwood’s entry
Pål Ahlsén, CEO at Castellum.
Nordic Nordic —
Pål Ahlsén: "Castellum will be a net seller this year"
Max Qwarnström.

A shift on the Swedish community property market: "More sellers"

Sweden Sweden — RE Equity Omsorg takes a big step on the way towards its growth target by acquiring community properties for SEK 800 million. CEO Max Qwarnström tells Nordic Property News about the new acquisition, how to reach the goal of approximately SEK 3 billion in property value within two years, where and with what type of properties they want to continue growing and about the changed competitive situation within the community property segment.
Anna Jepson.

Anna Jepson appointed as the new CFO of Atrium Ljungberg

Sweden Sweden — Anna Jepson will assume the role of new CFO on December 1 2024. She joins the company from Besqab where she has been CFO.

Kåpan Pensioner and AP4 buy Länsförsärkringar's share in Svenska Handelsfastigheter

Sweden Sweden — Svenska Handelsfastigheter's major owners Kåpan Pensioner and AP4 have called for the acquisition of Länsförsäkringar Liv's shares in Svenska Handelsfastigheter. After the deal, they will both own just under half of the company, while the CEO will continue to own a minority position.
Magnus Andersson, CEO of Besqab.

Besqab lays off 25: "Through the merger, unfortunately, a redundancy arises"

Sweden Sweden — On Wednesday, Besqab announced that it intends to notify 25 employees of redundancy following the merger between Aros Bostadsutveckling and Besqab. The new company's CEO, Magnus Andersson, tells Nordic Property News about the announcement and how it feels to give the news to the employees.
Fredrik Salman and the acquired property in Fosie, Malmö.

Verdion's future plans for the hot Öresund market

Nordic — Verdion continues the Nordic expansion – this time through an acquisition in Malmö. Fredrik Salman, Investment Manager at Verdion, tells Nordic Property News about the hot Öresund market, how Verdion wants to grow in the market and about making more brownfield investments.
The property Styckjunkaren 4 in Stockholm.

Folksam acquires in central Stockholm

Sweden Sweden — Folksam acquires the property Styckjunkaren 4 in central Stockholm from SEB Trygg Liv. The property has a very attractive location on Birger Jarlsgatan 8 with proximity to Norrmalmstorg and Stureplan.
Malin Collin.

Malin Collin appointed COO at Croisette

Nordic — Malin Collin joins Croisette Real Estate Partner and becomes Chief Operating Officer.
The office project Studio in Warsaw.

Skanska divests the first building of Warsaw office project to Stena Real Estate

Sweden Sweden — Skanska has divested the first building of the office project Studio in Warsaw, Poland, for EUR 86M. The buyer is Stena Real Estate AB.
Joacim Sjöberg, CEO of Castellum.

Joacim Sjöberg: "We sell because we want to – not because we have to"

Sweden Sweden — When Castellum's CEO, Joacim Sjöberg, presents this year's first quarterly report for the company, he can state with satisfaction that Castellum delivers an increased management result compared to the same period last year. He also says that the company may well consider starting to buy again. "There are, of course, strategic areas in which we want to grow."
Infrahubs sells Jönköping property to Blackrock.

Blackrock makes acquisition from Infrahubs

Sweden Sweden — Infrahubs has signed an agreement to sell a new large logistics property under construction in Jönköping to a fund managed by Blackrock.
The Port of Gothenburg.

Tritax Eurobox sells Gothenburg asset

Sweden Sweden — Tritax Eurobox is selling property in Gothenburg for SEK 385 million - in line with valuation but below the transaction price when Tritax Eurobox acquired the asset in 2021.
Upon closing of the sale of DEAS A/S, Rikke Lykke will step down as CEO of DEAS A/S and continue as CEO of DEAS Asset Management A/S.

DEAS Group divests its Danish Property Management activities

Nordic — Denmark's largest real estate services provider, DEAS A/S, has been sold to its Finnish counterpart, PHM Group, thus becoming part of one of the largest property services provider in Northern Europe. DEAS Asset Management A/S continues as a focused Nordic provider of real estate fund and asset management.
Ellen Langeggen.

"We want to invest in properties that meet our quality requirements"

Norway Norway — KLP Eiendom makes a change at Managing Director when Ellen Langeggen succeeds Gunnar Gjørtz following his retirement. Ellen Langeggen tells Nordic Property News about the step up within KLP Eiendom, her view of the company’s position, the most important task going forward, the growth ambitions for the company and how she views the current market situation.
Jesper Göransson, CEO of Peab.

Peab's CEO: "Continuously weak housing market – but think the bottom has been reached"

Nordic — When Peab sum up their first quarter in 2024, it shows a strong order intake for the period. However, the market in the Nordic region is highly varied: there is good demand for construction, covering and other house building, while the housing market continues to be weak.
Oscar Engelbert, founder and former CEO of Oscar Properties.

Here is Oscar Properties' plan for the corporate restructuring

Sweden Sweden — The bankruptcy threat hangs over Oscar Properties at the same time as the company applied for corporate restructuring, a measure that, if it goes through, will mean that founder Oscar Engelbert will leave the company completely. Documents that Nordic Property News has seen show what the company's reconstruction plan looks like: * The plan for new leadership * The decision regarding the liquidity * Options for refinancing
The site in Malmö.

Verdion acquires site for logistics development in Malmö

Sweden Sweden — Pan-European logistics real estate specialist Verdion has secured a further site for its growing programme of logistics development in Malmö.
Christian Ringnes and Sigurd Stray.

Christian Ringnes steps down as CEO of Eiendomsspar after 40 years

Norway Norway — Eiendomsspar makes a change at CEO. After 40 years at the helm, Christian Ringnes steps down as CEO and into the position of working Chairman of the Board. Deputy CEO Sigurd Stray takes a step up and becomes new CEO of the company.
SLP builds in Helsinborg.

SLP builds in Helsingborg

Sweden Sweden — SLP builds 3,000 sqm and extends an existing lease by 10 years in Helsingborg.
Victor Persson, CEO of Doxa and Serneke Group.

How Doxa will work to realise the values in Serneke

Sweden Sweden — Doxa's CEO Victor Persson is dissatisfied with the company's negative results during the first quarter and the write-downs in Serneke that they are forced to make, but he takes note of the positive sale of the building rights in Karlastaden and he believes that the transaction market is very close to a turnaround. Here he tells more about this in an interview with Nordic Property News.
Tomas Carlsson, CEO of NCC.

Tomas Carlsson: "We are not immune to the current situation"

Nordic — It is the same market as last year. That's what NCC's CEO Tomas Carlsson says when he comments on the market outlook. Even if certain areas of the company have a somewhat tougher time, the cash flow is positively affected by the fact that they have not invested in property development during the first quarter.
Oscar Properties.

Oscar Properties has submitted an application for corporate restructuring

Sweden Sweden — Oscar Properties has submitted an application for corporate restructuring to the Stockholm District Court.

Indlog Properties Oy has bought a logistics property in Kouvola

Finland Finland — Real estate investment company Indlog Properties Oy managed by Confido group and Catella has bought a logistics property in Kouvola. The acquisition is the company's eighth target after its establishment in 2022. The investment company's strategy is to invest in high-yield small-scale industrial and logistics sites in Finland, and its target portfolio size is EUR 100 million.
Greg Dingizian sells his SLP shares.

Greg Dingizian sells his entire holding in SLP

Sweden Sweden — SLP's co-founder Greg Dingizian is selling his entire shareholding in the company, roughly 9.6 million A shares, to ABG Sundal Collier and what are described as professional investors, Nyhetsbyrån Direkt reports.
Niam and Kuuskodit launch a new joint venture to enhance rental family living in the Finnish residential market.

Niam and Kuuskodit launch a new joint venture

Finland Finland — Niam and Kuuskodit Investment Management are excited to announce the launch of a new joint venture, an initiative to enhance family living through the development of terraced family houses, tailored for the rental market in the Finish growth triangle HMA, Tampere and Turku. The investment strategy focuses on providing optimal living spaces for families, setting new standards in the design and functionality of rental residential housing.