The highest valued property portfolios in the Nordics

Nordic — Nordic Property News presents a list of the highest valued property portfolios among the listed Nordic comanpanies.
TOP 4 Nordic
Johan Gyllberg.
Nordic Nordic —
Global hotel giant heads to Kvarnholmen in 20-year deal
The deteriorating outlook is being driven by a combination of stricter climate regulations, growing pressure from capital markets and increasing tenant demand for sustainable premises.
Nordic Nordic —
German investors warn of energy crisis in property portfolios as technology emerges as lifeline
Carl-Adam von Schéele.
Nordic Nordic —
Urban Partners launches first-of-its-kind fund to accelerate urban regeneration
Housing is singled out as the single most important factor behind the differences between European capitals. For families who rent, housing costs are by far the largest expense item (the people in the image have nothing to do with the text).
Nordic Nordic —
Stockholm among Europe’s most affordable capitals despite high housing costs
Tom Leahy, MSCI.

Positive trend break on the European transaction market

Nordic — MSCI's latest data shows that April was a trend-breaker for transaction volumes in Europe, which for the first time in 21 months saw an increase compared to the corresponding month of the previous year. A sign that some confidence is beginning to return to the market according to Tom Leahy, director at MSCI Research. For Nordic Property News he tells more about the positive development – but also flags that the number of forced sales has increased.

The companies with the highest profits from property management

Nordic — Which companies actually had the industry's highest management result Q1? Nordic Property News has reviewed the listed companies' reports for the first three months of the year.
Wihlborgs acquires from Schroders.

Wihlborgs acquires office property at Hyllie station

Sweden Sweden — Wihlborgs has acquired the Värdshuset 2 property above Hyllie station in Malmö, with a direct connection to Malmö Arena and the Emporia shopping centre. The property, with its smaller office premises, will become an important complement to Wihlborgs’ existing offering in the area.
Leiv Synnes, CEO of SBB.

SBB establishes new JV with Castlelake which signs new loan agreement

Nordic — SBB establishes a new joint venture with Castlelake which signs a loan agreement of approximately SEK 5.7 billion (EUR 508 million).
Mikael Granath.

New assignment for Mikael Granath

Sweden Sweden — Mikael Granath becomes new chairman of the board Bengt Dahlgren Gothenburg.

The Nordic top sellers in Q1

Nordic — Nordic Property News presents a list of the top sellers among the listed Nordic companies in Q1.
The Kv Poolen property in Arenastaden, Stockholm.

Fabege signs new lease in Stockholm

Sweden Sweden — Fabege has signed a lease with Mathworks for just over 1,100 square meters in the Kvarteret Poolen property in Arenastaden. Access is planned for October 2024 and the agreement runs for seven years. The office building is certified according to BREEAM level Excellent.
Research Hub at Tampereen Sähkötalo.

SRV to implement the Research Hub at Tampereen Sähkötalo and to renovate the old building

Finland Finland — SRV and University Properties of Finland Ltd have signed a project management contract for the new Research Hub building to be constructed in the Hervanta campus area of the University of Tampere, at the current Sähkötalo, and for the renovation projects of the linked parts of the building. The total value of the contract for SRV is approximately EUR 47 million. The order will be recognised in SRV’s order backlog in May.
Ivar Tollefsen.

Tollefsen strikes back against the bribery allegations in Heimstaden Bostad

Nordic — Ivar Tollefsen dismisses bribery charges, according to Finwire news citing reports from Bloomberg News.
Oscar Engelbert, founder and former CEO of Oscar Properties.

Oscar Properties appeals the district courts ruling on restructuring

Sweden Sweden — At the beginning of the week Nordic Property News revealed that Oscar Properties had also been rejected on its second restructuring application, while the bankruptcy hearing that was to be held on Monday was canceled pending supplementary documents. Now Nordic Property News can reveal that the company has appealed the decision from the first restructuring application, and here we can tell you more about what Oscar Engelbert and his attorney's write in the appeal.
Taking the role as CEO for Bridge Properties Investments Oy is Janne Nurminen.

Bridge Properties expands with investment leg

Finland Finland — Finnish company Bridge Properties announces the establishment of Bridge Properties Investments Oy, a new addition under the Bridge umbrella.

The Nordic top buyers in Q1

Nordic — After a slow start to the transaction year Nordic Property News presents a list of the top buyers among the listed Nordic companies in Q1.
Sverker Källgården.

Sverker Källgården appointed new CEO of Nivika: "A perfect fit"

Sweden Sweden — Sverker Källgården is back in the limelight as he is announced as new CEO of Nivika. Sverker Källgården tells Nordic Property News why he sees the company as a perfect match for himself, how Nivika will move forward with him as CEO, about having the founder and former CEO Niclas Bergman remain in an operational role in the company and why he thinks the company is well equipped to grow in the current market climate.
Vacse acquires from Skanska.

Vacse acquires in Kalmar

Sweden Sweden — Skanska Sweden is selling Norrliden's new care facilities, with Region Kalmar län as tenant, to Vacse for approximately SEK 150 million. Project planning is ongoing and the intention is that construction can begin next year. Vacse will take over the property in connection with completion at the end of 2026.
Frentab Fastigheter sells properties in Arninge, Stockholm.

Frentab Fastigheter sells in Stockholm

Sweden Sweden — Frentab Fastigheter is selling two properties in Arninge, in northern Stockholm.
Jacob Karlsson, CEO of K-Fastigheter.

Jacob Karlsson on Gothenburg growth and divestments in Denmark

Sweden Sweden — K-Fastigheter's CEO Jacob Karlsson sees the Gothenburg market as the most important for the company in the coming years. For Nordic Property News he explains why the company wants to focus on the country's second largest city, how to grow and why now is a golden opportunity to sell assets in Denmark.

The companies with the highest occupancy rates

Nordic — Nordic Property News presents a list of the current occupancy rates among the listed Nordic real estate companies.
Johan Eklund.

Svenska Handelsfastigheter recruits from NP3

Sweden Sweden — Svenska Handelsfastigheter strengthens the organization by recruiting Johan Eklund as regional manager North.
The property Druvan 6 in Stockholm.

Folksam signs new lease in central Stockholm

Sweden Sweden — Folksam Fastigheter has signed a new lease agreement with Relex Solutions for 1,107 square meters of office space in the property Duvan 6 in central Stockholm, and occupancy will take place in February 2025. The property Duvan 6 is located at Klara Södra Kyrkogata 1, near Central Station and is owned by KPA Pension, which is part of Folksamgruppen.
Stockholm.

IWG opens new workspace in Stockholm

Sweden Sweden — IWG is opening a so-called Regus center at the address Hagsätra Torg 13. The center will contain coworking spaces, private offices, meeting rooms and creative spaces. The opening follows a partnership agreement with building owner Ikano Bostad, which has invested in the IWG platform.

The companies with the lowest ICRs

Nordic — Nordic Property News presents a list over the Nordic listed companies with the lowest Interest Coverage Ratios by Q1 2024.
Oscar Properties.

Oscar Properties denied corporate restructuring again

Sweden Sweden — On Monday a bankruptcy hearing was held regarding Oscar Properties and the district court informs Nordic Property News that no decision on bankruptcy was made. However, Nordic Property News can reveal that the company's second application for corporate restructuring has been rejected by the district court, on similar grounds as the first application.
Denmark.

KKR to acquire purpose-built student accommodation assets in Denmark

Denmark Denmark — KKR announces the acquisition of high- quality, Purpose-Built Student Accommodation (PBSA) assets in Greater Copenhagen from TPG Angelo Gordon.
NCC builds in Denmark.

NCC to refurbish 400 apartments in Ringsted

Denmark Denmark — NCC has been commissioned by Ringsted Almene Boligselskab and DAB to renovate eight residential blocks with a total of 400 apartments in the Sönderpark residential area in the Danish city of Ringsted.