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Trondheim Torg.

Skanska renovates and expands office building in Trondheim

Norway Norway — Skanska has signed a contract with DNB Livsforsikring AS through their subsidiary Trondheim Torg AS for the renovation and expansion of their existing commercial office building in Trondheim, Norway. The contract is worth NOK 673M which will be included in the Nordic order bookings for the first quarter of 2024.
TOP 4 Nordic
David Mindus, CEO of Sagax.
Nordic Nordic —
Sagax acquires seven properties
Nordic Nordic —
Areim exec exits the company
Henrik Bastman.
Nordic Nordic —
Following the acquisitions in Finland – Storebrand Real Estate looks at new opportunities
Louise Richnau and Stefan Dahlbo.
Nordic Nordic —
Prominent duo proposed to Cibus' board
Sverker Källgården.

Källgården's new reality after Cibus – brings life to an old company

Sweden Sweden — Sverker Källgården has now handed over the baton to Christian Fredrixon as the new CEO of Cibus. For his own part, work in the new company Källgården & Co is now on the menu. He tells Nordic Property News more about his own company, the ambitions for the future and his view of the real estate industry's conditions in 2024.
Verdion brings new opportunity to Swedish logistics hotspot.

Verdion establishes logistics facility in Jönköping

Sweden Sweden — Pan-European logistics specialist Verdion has completed construction of a new logistics asset in the Swedish market hotspot of Jönköping.
Robert Feldt.

Capman's ambitions for the new social real estate fund: "All Nordic countries are target locations"

Nordic — Capman launches a fund for social real estate and starts of with a quality acquisition in Helsinki. Robert Feldt, Fund Director for Capman Social Real Estate, tells Nordic Property News about the inaugural acquisition, where they are looking for new acquisitions and shares his view of the competition within the social real estate segment in the Nordics.
Erik Selin, CEO of Balder.

Erik Selin acquires properties from Oscar Properties

Sweden Sweden — Oscar Properties has entered into an agreement to sell the underlying property portfolio in a number of wholly-owned subsidiaries to Erik Selin Fastigheter for a purchase price of approximately SEK 2.2 billion with access as soon as possible. The acquisition is only conditional on the buyer receiving financing by January 18, 2024 at the latest, Oscar Properties writes in a press release.
Carl Janglin, CEO of Oscar Properties.

The future for Oscar Properties after the major deal with Selin

Sweden Sweden — On Monday Oscar Properties announced that they have sold the DNB portfolio for SEK 2.2 billion to Erik Selin Fastigheter. This is likely not the last thing Oscar Properties does in terms of disposals – the company has 36 properties left in its ownership and CEO Carl Janglin tells Nordic Property News that more sales will likely follow. He also comments on the additional measures the company is looking at such as a further slimming of the organization and a possible corporate restructuring.
Ångermanland District Court.

NCC to build Ångermanland District Court

Sweden Sweden — NCC has been commissioned by Härnösand Seminariet, a subsidiary of Smedjan Samhällsfastigheter AB, to carry out a refurbishment and extension project for Ångermanland District Court in Härnösand.
Logicenters acquires Marine Trading.

Logicenters makes a major investment in Moss by acquiring Marine Trading

Norway Norway — Logicenters continues its commitment in Moss and has entered into an agreement with Gudmund Harlem to acquire the company Marine Trading AS. The transaction involves the acquisition of all nine logistics properties owned by Marine Trading AS in Moss, along with a significant land bank in Våler Næringspark.
The top transactions in the Nordics in December.

December 2023: The Nordic top transactions

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in December, 2023.
Bonava.

CFO Lars Granlöf leaves Bonava – new interim CFO appointed

Nordic — In connection with the implementation of Bonava's updated business plan for 2024 and onwards, Bonava's CEO Peter Wallin and CFO Lars Granlöf have agreed that Bonava needs a CFO with somewhat different competence and experience. Therefore, Lars Granlöf is leaving the role as CFO of Bonava. At the same time, Lars Ingman has been appointed as interim CFO. The change takes effect immediately.
Nrep's Logicenters develops property for Puumerkki.

Logicenters is developing an 8,000 sqm property for Puumerkki

Finland Finland — It has now been announced that Logicenters has acquired an 19,000 sqm plot near Helsinki Airport. In connection with the deal, Logicenters has also signed an agreement with Puumerkki Oy, which will lease the new property starting from the summer of 2025.
CapMan acquires assets from HGR Property Partners.

Capman Social Real Estate Fund invests in central Helsinki and continues fundraising

Finland Finland — CapMan Social Real Estate Fund invests in daycare and school assets in central Helsinki, Finland, continues fundraising.
Mats Herner.

Leaves Wallenstam to form new company

Sweden Sweden — After a natural succession within Wallenstam, the former Head of Development, Mats Herner, exits and instead chooses to start his own company, Stadsutveckla AB. He tells Nordic Property News about the decision, the new company, which clients he sees himself working with, which geographies he intends to operate in and about the goals for the company.
Helsinki.

The top transactions in Finland during 2023

Finland Finland — The transaction market was slow in the Nordics during 2023, but a number of big deals were still made. With the help of figures from Colliers Nordics, Nordic Property News presents the largest transactions made in Finland during 2023.
Capman acquires in Espoo.

Capman acquires two newly built residential assets in the HMA

Finland Finland — CapMan Residential Fund (CMRF) acquired two high-quality residential assets in the Helsinki Metropolitan Area at the end of 2023. The transaction is the seventh investment for CapMan’s pan-Nordic core residential fund.
David Mindus, CEO of Sagax.

David Mindus is proposed as new chairman of Nyfosa

Nordic — The nomination committee of Nyfosa unanimously proposes that the current board member David Mindus be elected as chairman of Nyfosa’s board of directors at the annual general meeting on April 23, 2024. Nyfosa’s current chairman of the board, Johan Ericsson, has, as previously communicated, declined re-election.
Wihlborgs lets 62,000 sqm in Høje-Taastrup in western Copenhagen.

Wihlborgs lets 62,000 sqm in Høje-Taastrup

Denmark Denmark — Wihlborgs has signed a ten-year lease with one of Denmark’s largest companies for 62,000 square metres at the Girostrøget 1 property in Høje-Taastrup. The lease enters force on 1 May 2024 and the property will be extensively modernised during the lease term.
Copenhagen.

The top transactions in Denmark during 2023

Denmark Denmark — The transaction market was slow in the Nordics during 2023, but a number of big deals were still made. With the help of figures from Colliers Nordics, Nordic Property News presents the largest transactions made in Denmark during 2023.
Nordisk Renting acquires property in Turku.

Nordisk Renting acquires in Turku

Finland Finland — Nordisk Renting acquires a fully let property in Turku.

Large owners want to replace the entire board of SBS Norden

Nordic — Oltre Fund, Fastator and SBB, which together represent 40.72 percent of the votes and capital, have submitted a proposal to replace the entire board of Studentbostäder i Norden.
Oslo.

The top transactions in Norway during 2023

Norway Norway — The transaction market was slow in the Nordics during 2023, but a number of big deals were still made. With the help of figures from Colliers Nordics, Nordic Property News presents the largest transactions made in Norway during 2023.

Skanska writes down property values by EUR 182 million

Nordic — Skanska takes impairment charges and recognizes changes in fair market values of SEK 2.0 billion (EUR 182 million) in Commercial Property Development, Residential Development and Investment Properties.
Logicenters and Evolutiq complete logistics transaction in Meckenheim for joint venture.

Logicenters and Evolutiq complete logistics transaction in Meckenheim for joint venture

Nordic — Together with Evolutiq, a Cologne-based investment and asset management company, Logicenters advised the acquisition of a plot of land for a logistics development in Meckenheim. The transaction was carried out for the joint venture established in Q3 2023 between Logicenters and a German family office. The closing of the transaction is planned for January 2024.
YIT.

YIT closes down the operations in Sweden

Finland Finland — YIT has completed the strategic review of its infrastructure business in Sweden and chosen to close down the operations in Sweden.
Nordic Property News presents the top transactions in Sweden during 2023.

The top transactions in Sweden during 2023

Sweden Sweden — 2023 saw the weakest transaction market in a decade, but there was still a number of deals surpassning SEK one billion made despite an historically low volume overall. Nordic Property News has compiled a list of the largest transactions made on the Swedish market in 2023.