Barings acquires Swedish residential development project

Sweden Sweden — Barings has acquired a 264-home development opportunity in Stockholm from Innovation Properties on behalf of a private insurance client.
TOP 4 Nordic
Mikael Åslund.
Nordic Nordic —
“Can save a quarter of a million per newly built apartment”
Helena Paulsson, head of Afry Architects, and Thomas Sandell, cheif architect.
Nordic Nordic —
"Our supply is being sharpened towards the market"
Blackrock is among the largest owners in several of the listed Nordic real estate companies.
Nordic Nordic —
The development of Blackrock’s ownership in listed Nordic companies
Christian Fredrixon, Kristina Sawjani and Henrik Brinck Landelius.
Nordic Nordic —
The hottest free agents in the industry
Thomas Holm, CEO of Svenska Handelsfastigheter.

Svenska Handelsfastigheter acquires in three cities

Sweden Sweden — Svenska Handelsfastigheter further strengthens its position through the acquisition of a total of 23,000 square meters of lettable space at the trading sites Boländerna in Uppsala, Tornby in Linköping and establishing itself at the trading site Svågertorp in Malmö.
Erik Norrman and Sissel Andersson.

Svefa strengthens its transaction team

Sweden Sweden — Sissel Andersson and Erik Norrman get extended areas of responsibility.
A number of Norwegians will participate in this year's Mipim.

They send the most Norwegian participants to Mipim

Norway Norway — Mipim starts in three weeks and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. Today the turn has come to the participants from Norway.
Carl Janglin.

Oscar Properties' CEO on the turmoil: "Forced to shrink to survive"

Sweden Sweden — Oscar Properties' outgoing CEO Carl Janglin tells Nordic Property News why he is leaving the company, what the pressure has been like in recent months and why his short time at the company did not turn out as he had imagined.
Strawberry and property investor Slättö launches new hotel chain.

Strawberry and Slättö launches new hotel chain

Nordic — A brand new hotel chain with Nordic ambitions is the result when Petter Stordalen's Strawberry and property investor Slättö present a new collaboration with a focus on strategic locations, quality and high sustainability. Within ten years, the chain will consist of at least 20 hotels.
Oscar Properties makes divestment.

Oscar Properties sells four properties

Sweden Sweden — Oscar Properties has sold four properties for a total of SEK 150 million.

Nordika expands the team in Finland

Finland Finland — Nordika has recruited Kristiina Ilves as Finance Manager based in Finland. Most recently Ilves served as an Investment Controller at Genesta Property Nordic Finland and has previously experience from Mandatum Asset Management and Trevian Funds.
Roger Akelius.

Roger Akelius on the aborted Academedia deal and future real estate investments

Sweden Sweden — The real estate profile tells Nordic Property News about the rapid development of events behind the decision not to implement the major deal in Swedish education company Academedia, the view on possible real estate investments and the emerging attractiveness of the real estate market.
Mipim takes places 12–15 of March.

They send the most Swedish participants to Mipim

Sweden Sweden — Mipim starts in three weeks and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. First are the participants from Sweden.
Porcelænshaven in Copenhagen.

Capman buys from Corem

Denmark Denmark — CapMan Social Real Estate Fund acquires the office and educational property Porcelænshaven, in Copenhagen, from Corem.
Kista Galleria in Sweden.

Citycon becomes the sole owner of Kista Galleria

Sweden Sweden — Citycon is in the final stages of taking over the remaining share (50 percent) in Kista Galleria in Stockholm. The acquisition was announced in connection with the company's annual accounts. The Canadian company CPP Investments sells its share and thereby owns 100 percent of Citycon Kista Galleria.
Carl Janglin.

CEO and CFO to leave Oscar Properties

Sweden Sweden — Oscar Properties CEO Carl Janglin and CFO Magnus Thimgren have informed the company that they intend to leave their positions.
Capman buys school property.

Capman makes acquisition in Hämeenlinna

Finland Finland — Capman Real Estate acquires Seminaari school, located in central Hämeenlinna.
​ 182 / 5 000 Översättningsresultat Översättningsresultat Mattias Baggfelt, head of Debt & Financial Advisory at JLL, believes in a 2024 where the interest rate situation will gradually improve and where a first reduction will come sometime around May/June.

JLL's expert: "Very positive on the bond market right now"

Sweden Sweden — The beginning of the year has meant some setbacks for the short and long interest rates and as late as the other day there were bad inflation figures from the USA which affected the listed part of the real estate sector in a negative way. But Mattias Baggfelt, head of Debt & Financial Advisory at JLL, still believes in a 2024 where the interest rate situation in Sweden will gradually improve and where a first reduction will come sometime around May/June.
Niam acquiers an office property in Greater Copenhagen.

Niam acquires office property in Greater Copenhagen from Industriens Pension

Denmark Denmark — Niam is pleased to announce the acquisition of a 7300 sqm office property, strategically situated in Greater Copenhagen, with Novo Nordisk, a global healthcare company as the exclusive tenant. The seller is Danish pension fund Industriens Pension and the acquisition price is DKK 130 million (EUR 17.4 million).
Marcus Carlsson.

CBRE strengthens its hotel team – brings in former Strawberry CEO

Nordic — CBRE recruits Marcus Carlsson as Senior Director Hotels. He will be based in Sweden.
Andreas Morfiadakis, CEO of Klarabo.

"Will have interesting discussions next quarter linked to acquisitions"

Sweden Sweden — 2023 has been a gap year for Klarabo, due to the turbulence experienced by the market and the outside world. The company already started measures in 2022 to get through the concern that has spread around the world. Klarabo has put growth on hold and basically paused all new production in favor of working with organic growth, through investments in its own stock. Andreas Morfiadakis, CEO of Klarabo, is satisfied with the financial results.
Adam Tyrcha, Head of Research at Newsec Advisory and Anders Elvinsson, Head of Valuation and Strategic Advisory at Cushman & Wakefield.

The advisory duo's verdict on the office and housing markets

Sweden Sweden — Adam Tyrcha, Head of Research, Newsec Advisory and Anders Elvinsson, Head of Valuation and Strategic Advisory, Cushman & Wakefield looked, among other things, at the office and housing markets when they participated in a panel debate on the market situation organized by MSCI's Property Intel earlier this week. Here are the strengths and weaknesses of the segments and what investor appetite looks like.
Miro Karttunen.

Capman strengthens its residential team with Miro Karttunen

Finland Finland — CapMan Real Estate strengthens residential property management team with hire of Miro Karttunen, previously CEO of Newsec Property Asset Management in Finland.
Rutger Arnhult, CEO of Corem.

Corem divests two properties in Gothenburg and Malmö

Sweden Sweden — In two separate deals, Corem has signed agreements for the sale of two properties in Gothenburg and Malmö at a total underlying property value of SEK 101 milllion, which is in line with book value.
Orlando Villacrez and Kyrkans centrum in Täby, Stockholm. The image is a montage.

How Storsala looks to increase its property value from EUR 155 to 455 million

Sweden Sweden — With the acquisition of the Kyrkan centrum in Täby, Storsala continues its investment in expanding the portfolio. CEO Orlando Villacrez tells Nordic Property News about the latest acquisition, how to take the property value from SEK 1.7 to 5 billion (EUR 155 to 455 million) within three years and how the first year with the Storsala investment was.

CA Fastigheter appoints Malin Claesson Stenström as new CEO

Sweden Sweden — As previously announced, CA Fastigheter's current CEO Andreas von Hedenberg has resigned from his position and will leave on April 30, 2024. It is now clear that he will be replaced by Malin Claesson Stenström, who will take up the position as CEO on May 1, 2024.
Joacim Sjöberg, acting CEO of Castellum.

Sees increased vacancy rate in 2024: "Had a ketchup effect with redundancies"

Sweden Sweden — Castellum experienced a volatile net rental during 2023 which landed at minus 67 million, the majority of which is attributed to Q4 when there were several major relocations. Bankruptcies are also increasing in Castellum's portfolio, and CEO Joacim Sjöberg does not think it is unlikely that the vacancy rate for the company will further increase in 2024.
Ulrika Hallengren, CEO of Wihlborgs.

Ulrika Hallengren: "Proximity to the market is crucial"

Nordic — The end of 2023 was a fairly active period for Wihlborgs, with a record high value of newly signed leases during the fourth quarter. The company also had large redundancies but also a positive net rental in the quarter. On Tuesday morning, Ulrika Hallengren, CEO of Wihlborgs, had to present a financial statement that contains both highs and lows. "It has been a period of major changes."