SRV builds for Varma in Niittykumpu, Espoo.

SRV builds residential for Varma

Finland Finland — SRV to build 128 residential units for Varma in Niittykumpu, Espoo.
TOP 4 Nordic
Ingunn Andersen Randa.
Nordic Nordic —
Obos to allocate more capital into the Swedish market: "It's bubbling with positivity in the big cities"
Nils Styf, CEO of Hemsö.
Nordic Nordic —
“Our assessment is that property values have bottomed out”
Peter Wallin, CEO, and Jon Johnsson, CFO, at Bonava.
Nordic Nordic —
Bonava sees strong Swedish growth – sticks to full-year forecast
Stina Lindh Hök.
Nordic Nordic —
Cibus acquires 23 assets in four countries for 103.9 MEUR
Erik Ranje, CEO of Stendörren.

Stendörren divests to the Swedish Transport Administration

Sweden Sweden — Stendörren divests an industrial and warehouse property in Botkyrka for SEK 202 million to the Swedish Transport Administration.
Jörgen Eriksson.

After the offensive rights issue – Catena sees big Danish potential

Nordic — After a recent new share issue, Catena now has fresh capital of a little over SEK 2 billion which it hopes to spread over the next six to twelve months. For Nordic Property News, Catena's CEO Jörgen Eriksson talks about the ambitions with the new capital, how and where the company prefers to see the money invested and in which geographies he sees the greatest potential right now.
Mipim took place in Cannes this week.

Industry survey: "How was this year's Mipim?"

Nordic — This year's edition of Mipim is over for this time. What was it really like, what was the highlight, what did you miss and will you come back next year? A large group of property profiles provide the answers in Nordic Property News' large survey from Cannes.
Cobbleyard divests in Vantaa.

Cobbleyard divests in Vantaa

Finland Finland — Cobbleyard Real Estate divests a 6,400 sqm last-mile warehouse property in Vantaa, in the Helsinki Metropolitan Area.
The winners at Mipim Awards 2024.

Three Danish winners at Mipim Awards 2024

Denmark Denmark — Three Danish project were crowned at Mipim awards.
Peab builds in Helsinki.

Peab builds homes in Helsinki

Finland Finland — Peab has been commissioned to build an apartment building in Tapanila in Helsinki. The customer is the City of Helsinki and the contract is worth EUR 13 million.
Daniel Gorosch, CEO of Corporate Finance Sweden at Catella.

Daniel Gorosch: "It's not like money is being thrown into the market"

Nordic — Daniel Gorosch visits Mipim for the first time as CEO of Catella. For Nordic Property News he talks about the willingness to invest, his view of the market and how international investors see the changing image of Sweden.
Henrica Ginström takes over as CEO of Citycon on April 1st. The image is a montage.

Henrica Ginström appointed new CEO of Citycon: "Our strategy is a winning concept"

Nordic — Citycon gets a new CEO when Henrica Ginström, the company's current COO, takes the helm in April. She gives her view of taking over as CEO, how she is as a leader, what will be most important for Citycon in 2024 and how she sees the retail market going forward.
Alecta Fastigheter signs deal with Ruby Hotels.

Ruby Hotels makes first establishment in the Nordics

Nordic — The design hotel chain Ruby Hotels chooses to establish itself with a new hotel of 8,000 square meters at Alecta Fastigheter in Stockholm. Ruby Hotels has a strong expansion in Europe with 17 hotels and another 9 in the pipeline and is now opening its first hotel in Scandinavia at Fridhemsplan.
Slakthusområdet (the Meatpacking Disctrict) in Stockholm.

John Mattson signs new leases in Stockholm

Sweden Sweden — John Mattson has signed lease agreements with a number of new players for premises in the expansive Slakthusområdet (the Meatpacking Disctrict) in Stockholm. With new restaurants as well as confectionery and bakery production, John Mattson contributes to the area's vision of a wide range of food, culture and experiences. John Mattson has thus filled most of his previous vacancies in the area.
Insig buys in Svedala.

Insig acquires two properties in Svedala

Sweden Sweden — Insig acquires two properties in Svedala. The properties Svedala 122:93 and Svedala 122:88 are located in the Northern Industrial Area in Svedala. The properties are located close to a residential area and grocery stores as well as other service functions.
Daniel Andersson, Head of Acquisitions Sweden Niam.

"Usually some surprise appears at Mipim"

Nordic — Mipim 2024 is in its second day and the biggest property fair of the year is characterized by sunshine. One of those who took the suitcase to Cannes is Daniel Andersson, Head of Acquisitions Niam, who is on a trend scouting mission.
Matilda Vinje, CEO of Schage Eiendom.

"Equipped to seize opportunities in the market going forward"

Norway Norway — Schage Eiendom completes its largest divestment ever and the largest Norwegian single-property transaction since 2020 with the divestment of Stortorvet 7 in Oslo to KLP. CEO Matilda Vinje tells Nordic Property News about the sale and what it means to Schage, how the money will be used and about the possibility of new acquisitions and divestments going forward.
Annie Franzon, Head of Transactions at Diös.

Diös divests in Umeå and Sundsvall

Sweden Sweden — Diös has divested two properties in Sundsvall and Umeå in two transactions, with a total leasable area of 15,100 square meters. The sales price amounts to SEK 212 million (EUR 19.3 million). The transfers of ownership will take place in April 2024.
Kvalitena sells to Tulia AB.

Balder company buys from Kvalitena

Sweden Sweden — Kvalitena has relinquished 49.9 percent of the shares in Hedvig Eleonora Holding AB, the company that owns four properties on Östermalm in Stockholm's inner city of approximately 11,000 square meters. The buyer is Tulia AB, which is owned by Balder and André Åkerlund AB.
Karlastaden.

Karlastaden deal completed

Sweden Sweden — Balder and Serneke have completed the sale of building rights in Karlastaden, Gothenburg, to Förvaltnings AB Framtiden.
SBB.

Pareto urges investors to "stay away" from SBB

Sweden Sweden — Pareto Securities repeats its sell recommendation for SBB and lowers the target price to SEK 2.5 from SEK 3.0. This is evident from an analysis that Nordic Property News has taken part in, where the analysis house writes, among other things, that "we continue to recommend investors to stay away and repeat our sell rating"
Patrik Kallenvret, Head of Capital Markets Nordics at CBRE.

"The transaction market has the full color scale"

Nordic — Intense days lie ahead for CBRE's Patrik Kallenvret during Mipim. The calendar is simply fully booked. For Nordic Property News he talks about the capital and the transactions that can become the real estate industry's great highlight.
Stortorvet 7 in Oslo.

Schage sells Stortorvet 7 to KLP for over EUR 222 million

Norway Norway — Schage sells the iconic and award-winning office building Stortorvet 7 to KLP for a gross property value of over EUR 222 million. The sale marks the largest transaction of a single-property in Norway since 2020.
Oscar Properties.

Oscar Properties avoids bankruptcy

Sweden Sweden — Oscar Properties has avoided bankruptcy by having paid a million dollar claim to Dsam Sweden, which requested the company into bankruptcy, Expressen writes. The company itself announces via a press release that it has decided to invoke an arbitration procedure against DSAM Sweden for the return of SEK 14 million, which includes the claim for one million that DSAM Sweden asserted as the basis for its bankruptcy application against the company.
Oas.

Skanska signs new lease in Oas

Sweden Sweden — Skanska Fastigheter Malmö has signed a lease with Visma for 2,113 square meters. Visma, which offers software and services in the private and public sector, will move into floors 6 and 7 in the property Oas in the fall of 2024.
Mipim’s Managing Director Nicolas Kozubek

Mipim’s MD on this year's event: “You need to listen to do the right business"

Nordic — Mipim 2024 will be slightly different. Under the shade of economic and geopolitical uncertainties in the Cannes sun more focus will be one the dialog. Mipim’s Managing Director Nicolas Kozubek says that it’s clearly visible in how those attending are approaching this years edition of the show.
Elo has acquired residential buildings in Töölö and Kallio in Helsinki.

After the Helsinki acquisitions – this is how Elo wants to develop its real estate holdings

Finland Finland — Elo Mutual Pension Insurance Company continues to increase its real estate holdings through the acquisition of two residential properties in Helsinki. Tatu Pakarinen, Senior Portfolio Manager at Elo, tells Nordic Property News about the acquisitions, how Elo wants to develop its real estate portfolio going forward and about his view on real estate as an investment area.
Sörred Logistic Park.

Volvo Cars leases 15,000 sqm from Catena and Platzer JV

Sweden Sweden — Sörred Logistic Park in Hisingen, Gothenburg, continues to grow. Catena and Platzer have signed an agreement with Volvo Cars, with the intention that they will take on 15,000 sqm of space at the Sörred 8:16 property.