Jonas Grandér, CEO of Nordika.

Nordika becomes main shareholder in the grocery property platform Vendus

Sweden Sweden — Nordika invests SEK 400 million in the Swedish grocery property platform Vendus to become the main shareholder.
The property Elementet 3 in Sollentuna.

Areim continues to grow its light industrial portfolio with acquisition from Castellum

Sweden Sweden — Areim has acquired four light industrial properties in Sollentuna Municipality, north of Stockholm, with approximately 20,000 sqm of lettable area from Castellum. The properties are located in the Edsberg industrial area. With this acquisition, Areim increases its light industrial portfolio in Greater Stockholm to roughly 125,000 sqm.

The companies with the highest vacancy rates in the Nordics

Nordic — Nordic Property News has taken a closer look at the listed Nordic companies' vacancy rates after Q3.

Blackstone buys logistics portfolio in Denmark

Denmark Denmark — Blackstone acquires a logistics portfolio from Velliv, PBU and AP Pension.

Passing of the torch in Nivika

Sweden Sweden — Small milestone passed in the company's list of owners.
Rosersberg DC4.

Prologis signs new lease in Stockholm

Sweden Sweden — Prologis has signed a lease with the food producer Cookin AB for a new modern logistics facility located near Stockholm.
Catella merges CRIM and CREAG to form Catella Investment Management (CIM).

Catella forms a new EUR 10 billion fund Investment Management platform

Sweden Sweden — Catella announces the strategic merger of the front office operations of its subsidiaries Catella Residential Investment Management GmbH, Berlin (CRIM) and Catella Real Estate AG, Munich (CREAG) to form Catella Investment Management GmbH (CIM). The merger aims to create a stronger fund investment management platform for enhanced operational efficiency, effective from January 1, 2025.

Turning point for the negative write-downs

Nordic — Ever since the second half of 2022, the companies' property values ​​have fallen in every single quarter, but during the first quarter of the year you could start to see a shift for most companies, something that also continued in Q3. After this interim report period Nordic Property News has again looked at the property values ​​of the listed companies.
Viktor Mandel.

"The rent development for housing is a big disappointment"

Sweden Sweden — Hemvist strikes with a major acquisition when it buys 380 homes in Sundbyberg from Heimstaden for 1.16 billion. CEO Viktor Mandel tells Nordic Property News about the transaction, how they want to develop the portfolio, what will be the company's most important tasks in 2025 and how he views the market situation for housing.

Heimstaden Bostad divests 380 residential units

Sweden Sweden — Heimstaden Bostad has signed an agreement with Hemvist Bostadsfastigheter for the divestment of 380 residential units in Sundbyberg through a share deal.
Mimo.

Platzer takes possession of the Mimo property in December

Sweden Sweden — In December Platzer will take possession of the Mimo property in Mölndal, comprehending offices and services of 40,000 square meters (GBA). The transaction is based on the acquisition agreement signed with NCC in 2021. The acquisition strengthens Platzer's position in the Mölndal proximity and the property is in an attractive location adjacent to Gothenburg regions’ second largest public transportation node.
Warsaw Unit.

Eastnine acquires Warsaw Unit in the largest office transaction in Europe this year

Sweden Sweden — Eastnine has acquired 46-storey office tower Warsaw Unit for EUR 280 million from Ghelamco. The acquisition establishes Eastnine in Warsaw and is marking the largest step to date on Eastnine's journey building a leading office property company in the fastest growing part of Europe. The acquisition, which is the largest office transaction in Europe this year, increases profit from property management per share by 18 percent.
Niko Karstikko, founder of Bob W.

Bob W's Founder about the Sweden investment: "Swedes are discerning travelers"

Nordic — When Bob W opens his first Swedish hotel, it will be in Stockholm. The founder of the hotel chain, Niko Karstikko, has spoken to Nordic Property News, about, among other things, the company's establishment in the Swedish capital and why it is only happening now.
Sonja Horn, CEO of Entra.

"No big ketchup effect expected in Q4"

Norway Norway — The Norwegian economy looks positive going forward, says Sonja Horn, CEO of Norwegian Entra, which owns, develops and manages properties in Norway. The Balder- and Castellum-owned company has now presented its figures for the third quarter of 2024.
Järngrinden buys Pro Stop in Borås.

Corem divests in Borås

Sweden Sweden — Corem sells property in Borås to Järngrinden for SEK 320 million (EUR 27 million).
Thorsten Slytå.

Blackrock appoints Thorsten Slytå as Head of European Real Estate Strategic Partnerships

Nordic — As it continues to expand its private market capabilities, Blackrock has announced the appointment of Thorsten Slytå to the newly created role of Head of European Real Estate Strategic Partnerships, further strengthening the firm’s real estate platform. Slytå assumes the role alongside his existing position as Head of Nordics for Blackrock’s Real Estate business, which he has held since 2021.
Ilija Batljan and André Gaden.

PPI makes acquisition in Sweden

Nordic — PPI acquires pre-school in Trelleborg from Acrinova and signs a triple net lease with Municipality of Trelleborg.
Johan Knaust, CEO of K2A.

"It's been an eventful year so far"

Sweden Sweden — K2A Knaust & Andersson Fastigheter published its interim report for January-September 2024 on Wednesday afternoon. Nordic Property News has interviewed CEO Johan Knaust about what looks like a turnaround for the company: "We look positively at the future."
Fredrik Ronvall in front of the property AMF Fastigheter buys from Balder. The image is a montage.

After the major purchase from Balder – AMF Fastigheter ready for more acquisitions

Sweden Sweden — After double major sales, AMF Fastigheter strikes with a billion-dollar acquisition in Stockholm when it buys Göta ark on Södermalm from Balder. AMF Fastigheter's transaction manager Fredrik Ronvall tells Nordic Property News about the plans for the acquired property, how they want to continue growing and where they are looking for new acquisitions, as well as the possibilities for expansion outside of Stockholm.
Nordisk Renting buys properties in Flen (image) and Västerås from SBB.

SBB divests elderly care properties to Nordisk Renting

Sweden Sweden — SBB has entered into an agreement to divest the properties Västerås Sågklingan 6 and Flen Vävskeden 21 to Nordisk Renting.
Balder sells Göta ark in Stockholm to AMF Fastigheter.

Balder divests site leasehold right in Stockholm to AMF Fastigheter

Sweden Sweden — As of 21 November, Fastighets AB Balder has divested the site leasehold right Göta Ark 18 at Medborgarplatsen in Stockholm to AMF Fastigheter. The transaction is based on a site leasehold right value of SEK 1 billion (EUR 86 million) and AMF Fastigheter will take possession in the beginning of January.
The new waterworks in Trollhättan.

Peab builds Trollhättan's new waterworks

Sweden Sweden — Peab has been commissioned to build Överby waterworks in Trollhättan. The customer is Trollhättan Energi AB and the contract is worth SEK 580 million (EUR 50 million).
John Sjölund, CFO Alm Equity.

ALM Equity: "Can't wait for a hot market"

Sweden Sweden — ALM Equity has published its interim report for the period January-September 2024. The presentation was made by ALM Equity's CFO John Sjölund, who, among other things, talked about how the company is now increasingly forward-looking: "You can't wait until you have a hot market, because then the train has already left."
Lars Axelsson, CEO of Evolv.

"The yield spread between logistics and light industrial has been far too wide"

Nordic — Slättö, through the logistics and industrial team Evolv, has made its first acquisitions in light industrial in the newly established fund Slättö Value Add III. Lars Axelsson, CEO of Evolv, tells Nordic Property News about the inaugural acquisitions and how they want to continue growing, as well as how he sees the future for and the competition within the light industrial segment.
Karin Zakariasson.

Colliers appoints Karin Zakariasson as Head of Valuation & Advisory Services in Sweden

Sweden Sweden — Colliers appoints Karin Zakariasson as Head of Valuation & Advisory Services in Sweden. She will lead the strategic growth of Colliers' valuation business, overseeing key initiatives to strengthen the company’s position in the Swedish market and expand its service offerings.