Revelop makes acquisition in Stockholm.

Revelop acquires Stockholm Urban Industrial Asset in distressed deal

Sweden Sweden — Revelop has aquired an urban industrial asset in the Stockholm area from the bankruptcy estate of Oscar Properties.
Stockholm.

Bob W enters Sweden

Sweden Sweden — Bob W to operate across all Nordic capitals after securing first Stockholm property.
Per Svensson, CEO of Croisette.

Croisette consolidates – here lies the focus going forward

Nordic — Croisette consolidates operations. The insurance advisory business is intended to be divested and the property management will be closed down. Croisette's CEO Per Svensson explains why these measures are chosen, how the financial situation has been in the company, how many positions are affected in the consolidation, whether further measures may be relevant and the future plans for the company.
Rikke Lykke and Tonny Nielsen.

Fokus Nordic to acquire DEAS Asset Management

Nordic — The acquisition of the real estate firm DEAS Asset Management will accelerate the growth of Fokus Nordic and immediately position the company to become one of the leading real estate asset and investment managers in the Nordics.
Sven Stork in front of the property Rotterdam 1 in Stockholm. The image is a montage.

"It will be the landmark for the entire area"

Sweden Sweden — Castellum has completed one of the year's largest lettings in Stockholm by signing an agreement with broadcasting company TV4 for 15,000 square meters in Norra Djurgårdsstaden. Sven Stork, CEO of Region Stockholm at Castellum, tells Nordic Property News about the importance of getting such a well-known tenant to the new development area, how he experiences the interest in Norra Djurgårdsstaden and how important a tenant TV4 will be for Castellum in Stockholm.
Erik Johnson.

Forenom appoints new Head of Sweden

Sweden Sweden — Forenom Group has appointed Erik Johnson as the new Head of Sweden. He takes up his post at the turn of the year.
YIT expands to Brno.

YIT expands its operations in the Czech Republic

Finland Finland — YIT expands its operations in the Czech Republic to the city of Brno.
Olof Andersson.

Trianon's development area: "The Malmö region will continue to grow"

Sweden Sweden — When Trianon presented its report for the third quarter of 2024 it included a renewed business plan. Nordic Property News had a chat with Trianon's CEO, Olof Andersson: "We can state that the urbanization trend is intact."
Christian Fredrixon, CEO of Cibus.

"Supermarket love" leads Cibus forward

Nordic — From Cibus' point of view, it is becoming clear that grocery retailing is a stable and non-cyclical industry. The company sees interesting opportunities in all existing markets and is also actively evaluating new markets in Continental Europe. "We continue to develop the company with our internal passion which we call 'Supermarket Love'", explains CEO Christian Fredrixon.
Andreas Jagestrand.

Viktor Hanson appoints new CFO

Sweden Sweden — Viktor Hanson has recruited Andreas Jagestrand to the role of new CFO. He will take up the position at the beginning of January, when he will also take a seat in the management team. Andreas Jagestrand comes most recently from the role of CFO at ALM Småa Bostad.

CBRE IM makes large divestment in Copenhagen

Denmark Denmark — CBRE IM sells 463 residential units in Copenhagen to DIS.
The property Rotterdam 1 in Stockholm.

Castellum to create new studio for TV4 – signs 15,000 sqm lease

Sweden Sweden — Castellum has signed a 15-year lease with television channel TV4 for approximately 15,000 square metres in Stockholm’s port district. The Rotterdam 1 property will be adapted to match high ambitions in digital broadcasting technology and to be an open, lively meeting place for modern television production, employees and guests.
Andreas Morfiadakis, CEO of Klarabo.

Klarabo: "We are well positioned for growth"

Sweden Sweden — Klarabo has released its report for the third quarter of 2024, a quarter in which the company increases earnings on most items. Klarabo's CEO, Andreas Morfiadakis, is satisfied with the figures, but still has a restrictive attitude towards new production going forward.
Anders Klingbeil, Patrizia Country Officer – Nordics and Head of Asset Management Nordics.

The large investment is bearing fruit – Patrizia is looking for more

Nordic — In 2022, Patrizia bought a residential stock in Stockholm consisting of four multi-family buildings, over approximately 47,000 square meters, 879 units and 588 parking spaces from Aros Bostad for approximately SEK 3.6 billion, EUR 0.33 billion. The purchase price made the deal one of the biggest of the year in Sweden. With the deal, Patrizia's Swedish portfolio also reached EUR 0.83 billion.
Conficap sells property in the Helsinki Metropolitan Area.

Conficap sells in Vantaa

Finland Finland — GEM as seller's advisor in the sale of office property in Vantaa.
Marina Fritsche.

Wallenstam signs new office lease in central Gothenburg

Sweden Sweden — Wallenstam signs new leases for the property at Kaserntorget 6 in Gothenburg.

Skandrenting signs new leases in Linköping and Helsingborg

Sweden Sweden — Skandrenting signs new lease agreement for 14,000 sqm in Linköping and Helsingborg with Optimera Svenska AB.
Anders Danielsson, CEO of Skanska.

Skanska sees the return of housing construction approaching

Nordic — In the report presented on Thursday, it was clear that Skanska delivers a turnover of SEK 42,799 million, which is in line with expectations during the third quarter. As for the operating profit, expectations were higher than the report shows, it rose to SEK 1,261 million. “We see improvements - but it will take time”, says Skanska's CEO Anders Danielsson.
Liia Nõu, CEO of Pandox.

Liia Nõu: "You never know what the future will look like"

Nordic — Pandox's CEO, Liia Nõu, made it clear at the presentation of the latest quarterly report that they are looking for acquisitions, mainly within the three strong markets they are already doing best in: Great Britain, the Nordics and Germany. "The latest acquisition had a seven percent yield, so that's what we're aiming for", says the Pandox CEO.
JM selling commercial properties in Bolinder strand, Järfälla.

JM sells in Järfälla

Sweden Sweden — JM has signed an agreement with Urbanea for the sale of properties in Bolinder Strand, Järfälla. The transaction amounts to SEK 117 million (EUR 10.7 million).
Daniel Bonn Rosén.

Neobo appoints Daniel Bonn Rosén as Head of Treasury

Sweden Sweden — Daniel Bonn Rosén has been appointed as Head of Treasury at Neobo, with operational responsibility for the company's financial operations. He started his new role on November 1st.
Peab builds in Västerås.

Peab builds crematorium in Västerås

Sweden Sweden — Peab has been commissioned to build a new crematorium at Hovdestalund in Västerås. The customer is the Church of Sweden and the contract is worth SEK 190 million (EUR 17 million).

How the Nordic real estate stocks handled the election of Donald Trump

Nordic — There has been speculation as to how the outcome of the American election would affect the economy and the stock markets. As Donald Trump was declared the winner early morning Tuesday, Nordic time, Nordic Property News took a closer look at how the construction and real estate stocks responded to the election results.
Richard Barkham, Global Chief Economist, Head of Global Research & Head of Americas Research at CBRE.

"Investment will pick up more quickly in Europe than the US after this election"

Nordic — Richard Barkham, Global Chief Economist, Head of Global Research & Head of Americas Research at CBRE, gives his perspective on the election and how it will affect the commercial real estate market ahead.
Janne Eriksson and Juuso Pietilä.

Cushman & Wakefield to acquire its affiliate in Finland

Finland Finland — Global real estate services firm Cushman & Wakefield has entered into a definitive agreement to acquire its affiliate in Finland. The deal is expected to complete in January 2025 and is subject to customary closing conditions.