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Knut Rost.

Knut Rost to step down as CEO of Diös

Sweden Sweden — After ten years as CEO at Diös, Knut Rost will leave his position. When he took up his position in March 2014, the parties agreed on an employment agreement that applies until the turn of the year 2024. Knut Rost will continue to work as CEO in the company during 2024 or a new CEO has been recruited to enable a successful transition.
The Norwegian oil fund is currently valued at more than 16.500 billion NOK.

The Norwegian oil fund's property ownership – has dumped Swedish heavyweights

Nordic — The Norwegian oil fund is now valued at over NOK 16,500 billion after closing 2023 with a value of NOK 15,765 billion. Nordic Property News has mapped the fund's holdings in Nordic listed real estate companies and here you can read about how the ownership looked at the end of 2023. The mapping shows, among other things, that the fund has dumped its entire holdings in two listed heavyweights and entered a new Swedish company.
Mileway strengthens its team.

Blackstone's Mileway adds to its team – appoints former Swedish elite football player

Nordic — Strengthens the team in with former elite football player.
Joakim Arvius, CEO Colliers Sweden.

How the real estate market will be shaped in 2024 – segment by segment

Nordic — Colliers has compiled a forecast of the hottest and coolest segments on the Nordic real estate market in 2024. Colliers Sweden CEO Joakim Arvius tells us more about the winners and losers and what drives development within the various segments.

Key player leaves pan-Nordic investor

Finland Finland — After 16 years – real estate profile has decided to move on.
Rutger Arnhult, CEO of Corem.

Corem divests two properties south of Gothenburg

Sweden Sweden — Corem has signed an agreement for the sale of two properties in Mölndal at an underlying property value of SEK 90 million, which is in line with book value. The buyer is KAB Fastigheter.
David Mindus, CEO of Sagax.

Sagax makes seven acquisitions

Nordic — Sagax invests SEK 692 million (EUR 59 million) through seven acquisitions.

Blackrock leases 14,500 sqm to Epiroc

Sweden Sweden — Blackrock leases warehouse and logistics in the property Väghyveln 1 in Pilängens Logistikpark in Örebro to Epiroc Rock Drills AB.
Jacob Mörndal, CEO of M2 Asset Management and Rutger Arnhult, owner of M2.

M2 leaves Denmark – this is the strategy going forward

Denmark Denmark — After the sale of a residential property in Copenhagen, Rutger Arnhult's company M2 Asset Management has now left Denmark completely and only has properties left on Swedish soil. CEO Jakob Mörndal tells Nordic Property News about the strategy going forward and the work to be able to pay the next bond maturity in January 2025.
Leiv Synnes, CEO of SBB.

SBB's PPI investigates the possibility of an IPO and listing on the Oslo Stock Exchange

Norway Norway — Samhällsbyggnadsbolaget i Norden's associated company Public Property Invest prepares for a possible initial public offering and listing on the Oslo Stock Exchange.
Ulrika Danielsson.

Ulrika Danielsson resigns as CFO of Atrium Ljungberg

Sweden Sweden — Ulrika Danielsson has worked as CFO at Atrium Ljungberg since November 2021 and has been a part of its executive management. She has now chosen to leave her position.
Folksam buys the property Brädstapeln 13 on Kungsholmen in Stockholm from Europa.

Folksam acquires office property in central Stockholm

Sweden Sweden — Folksam, through KPA Pension, acquires the property Brädstapeln 13 in central Stockholm from Europa.
Sonja Horn, CEO of Entra.

How the major Trondheim deal came up

Norway Norway — Entra’s CEO Sonja Horn on the EUR 570 million deal: “We have never put the Trondheim portfolio up for sale, but…”
The Meilahti hospital area in Helsinki.

YIT develops phase in new Meilahti hospital area

Finland Finland — YIT selected as the partner for the development phase of the new building for the Meilahti pharmacy, central kitchen and parking facility.
These are the winners and losers in the nordic stock market during January 2024.

Winners and losers on the stock market in January

Nordic — The listed Nordic real estate companies have had a mixed start to the stock market year 2024. Nordic Property News summarizes how the companies performed in January.
Magnus Andersson, CEO of Aros Bostad.

This is how the merger will make new Besqab market leading in Stockholm

Sweden Sweden — Aros Bostad and Besqab are to be merged. The vision for the new company, which will be named Besqab, is to become a leading housing developer in Greater Stockholm and Uppsala. "I am proud to have received the question," says new Besqab's future CEO Magnus Andersson. But what happens to the current CEO, Carola Lavén, is still unclear.
Entra.

Major deal ahead: Entra signs LOI for Trondheim portfolio divestment

Norway Norway — Entra has signed a letter of intent regarding the sale of its Trondheim portfolio to E C Dahls Eiendom, a wholly owned subsidiary of Reitan Eiendom AS.
Peter Lilja.

Heimdal Nordic establishes a new credit fund with a sharp focus on property financing

Denmark Denmark — Heimdal Nordic announces the launch of Heimdal Credit Fund (HCF), a credit fund targeting lending to the Danish professional real estate market. Building on a highly positive track record of investments totaling more than DKK 3 billion in the professional real estate market, and leveraging Heimdal Nordic's extensive experience in property financing, Heimdal Nordic is now launching a fully FAIF-regulated SFDR, Article 8 credit investment fund.
Johan Karlsson, CEO of Slättö.

Why the Slättö CEO sees advantages on the transaction market

Sweden Sweden — Johan Karlsson on how the company was lucky, how he thinks the transaction market will look in 2024 and the internal discussions regarding the plans with the major investment of the Estea portfolio.
Entra.

Entra appoints Ole Anton Gulsvik as new CFO

Norway Norway — Entra appoints Ole Anton Gulsvik as new finance director, CFO. He will take office no later than August 1 this year.
Bård Bjølgerud, Nordic CEO of Colliers.

"You have to catch the falling knife at some point"

Nordic — Navigating through 2024 may not prove to be easy as, according to Colliers, there is a labyrinth of different opportunities and paths to choose from, but the bottom line is that the outlook is still gradually positive with the sights set on a normalized market in 2025. Colliers' Nordic CEO Bård Bjølgerud talks more about the conditions for 2024, the challenges, the growth opportunities and the potential pitfalls.
Carola Lavén and Magnus Andersson.

Aros Bostad makes bid for Besqab

Sweden Sweden — Aros Bostadsutveckling makes a recommended bid for Besqab. The offer is not in cash but means that the two listed companies will merge. The offer is worth 1.04 shares of ordinary shares and 0.07 preferred shares in Aros Bostadsutveckling for each share in Besqab. The board of Besqab unanimously recommends the shareholders of Besqab to accept Aros Bostad's offer.
Nrep's Altura adds to its portfolio.

Nrep acquires community property portfolio

Sweden Sweden — Nrep's community property arm, Altura, has signed an agreement with Besqab to acquire a community property portfolio at an underlying property value of a total of SEK 770 million. The deal includes three nursing homes, a preschool and tenements with a total lettable area of 15,200 square meters. The acquisition takes place via the Nordics' largest Core-plus fund Nrep Income+, which last year completed a successful third closing with approximately SEK 3.1 billion in added capital intended to take advantage of new investment opportunities.
Max Barclay.

Newsec: "New international investors in the logistics segment in 2024"

Nordic — 2023 was characterized by an overall weakness in the transaction market. In warehouse, logistics and industrial properties, however, we have seen a significant driving force. With a share of 27 percent of the total transaction volume, this segment has proved to be the most robust and prominent in the last year. Max Barclay, head of advisory operations at Newsec predicts will see in 2024 in the logistics market.
Mattias Wilson, CEO of Wilfast that becomes part of Swiss Life Asset Managers.

"We couldn't have asked for a better owner"

Nordic — Wilfast gets an external owner in Swiss Life Asset Managers. CEO Mattias Wilson tells Nordic Property News about the decision to sell, about bringing in Swiss Life as a new owner and about the future plans for the company.