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"It will be the landmark for the entire area"

Sweden Sweden — Castellum has completed one of the year's largest lettings in Stockholm by signing an agreement with broadcasting company TV4 for 15,000 square meters in Norra Djurgårdsstaden. Sven Stork, CEO of Region Stockholm at Castellum, tells Nordic Property News about the importance of getting such a well-known tenant to the new development area, how he experiences the interest in Norra Djurgårdsstaden and how important a tenant TV4 will be for Castellum in Stockholm.

Trianon's development area: "The Malmö region will continue to grow"

Sweden Sweden — When Trianon presented its report for the third quarter of 2024 it included a renewed business plan. Nordic Property News had a chat with Trianon's CEO, Olof Andersson: "We can state that the urbanization trend is intact."

"Supermarket love" leads Cibus forward

Nordic — From Cibus' point of view, it is becoming clear that grocery retailing is a stable and non-cyclical industry. The company sees interesting opportunities in all existing markets and is also actively evaluating new markets in Continental Europe. "We continue to develop the company with our internal passion which we call 'Supermarket Love'", explains CEO Christian Fredrixon.

Klarabo: "We are well positioned for growth"

Sweden Sweden — Klarabo has released its report for the third quarter of 2024, a quarter in which the company increases earnings on most items. Klarabo's CEO, Andreas Morfiadakis, is satisfied with the figures, but still has a restrictive attitude towards new production going forward.

The large investment is bearing fruit – Patrizia is looking for more

Nordic — In 2022, Patrizia bought a residential stock in Stockholm consisting of four multi-family buildings, over approximately 47,000 square meters, 879 units and 588 parking spaces from Aros Bostad for approximately SEK 3.6 billion, EUR 0.33 billion. The purchase price made the deal one of the biggest of the year in Sweden. With the deal, Patrizia's Swedish portfolio also reached EUR 0.83 billion.

Skanska sees the return of housing construction approaching

Nordic — In the report presented on Thursday, it was clear that Skanska delivers a turnover of SEK 42,799 million, which is in line with expectations during the third quarter. As for the operating profit, expectations were higher than the report shows, it rose to SEK 1,261 million. “We see improvements - but it will take time”, says Skanska's CEO Anders Danielsson.

Liia Nõu: "You never know what the future will look like"

Nordic — Pandox's CEO, Liia Nõu, made it clear at the presentation of the latest quarterly report that they are looking for acquisitions, mainly within the three strong markets they are already doing best in: Great Britain, the Nordics and Germany. "The latest acquisition had a seven percent yield, so that's what we're aiming for", says the Pandox CEO.

How the Nordic real estate stocks handled the election of Donald Trump

Nordic — There has been speculation as to how the outcome of the American election would affect the economy and the stock markets. As Donald Trump was declared the winner early morning Tuesday, Nordic time, Nordic Property News took a closer look at how the construction and real estate stocks responded to the election results.

Corem CEO has faith in debated Stockholm area

Sweden Sweden — Corem recently presented its third quarterly report for 2024. CEO Rutger Arnhult placed a lot of focus on Kista and the news reporting that presented a demanding rental situation in the district, which has as vacancy rate of around 20 percent according to Newsec.

Schroders: "Sweden is making a comeback with investors"

Nordic — Johan Bråkenhielm, Head of Nordics for Schroders Capital Real Estate, sees increased interest from international investors who have set their sights on Sweden again. Consequently, the rest of the Nordic region follows, where he identifies two really big advantages that Sweden has but which are not shared by Denmark and Finland.

"A Trump victory is not at the top of the real estate companies' wish list"

Nordic — Today, the ballot boxes will be filled with the American votes that will determine the incredibly close election. Will it be Donald Trump or Kamala Harris who will be the next president and what significance will that have for the economy? Anders Elvinsson, Head of Valuation and Strategic Advisory, at Cushman & Wakefield, gives his view on the election.

"We will focus on growth"

Nordic — Logistea continues to optimize its portfolio by divesting two properties in Norway. After the deal, Logistea's vice president and head of transactions, Anders Nordvall, tells Nordic Property News about the growth plans, about the work to create a joint portfolio after the merger with KMC, the portfolio balance between Sweden and Norway and where you want to invest the additional liquidity from the latest deals.

"Global trade war if Trump wins"

Nordic — The finish line is close and tomorrow America go to the polls. At the same time, it is incredibly even between Kamala Harris and Donald Trump. The Chief Economist at the Swedish bank SBAB, Robert Boije, shares his view on what each candidate would mean for the global economy.

John Mattson sees more activity in the market

Sweden Sweden — John Mattson delivers an increased management result and had a continued positive value development in the property portfolio during the quarter. The company's adaptation to new conditions has been successful and John Mattson can now once again invest in long-term value creation.

Winners and losers on the stock market in October

Nordic — After a blossoming September the real estate and construction share dropped significantly in October. Nordic Property News Nordic Property News presents the winners and losers on the stock exchange during October.

Oscar Properties in bankruptcy – can't afford to appeal

Sweden Sweden — The fight is over, the growing debts finally became too much, and the Swedish Tax Agency's bankruptcy application was the death blow. Oscar Properties is declared bankrupt. CEO Richard Bagge comments on the outcome of the court on Thursday.

Threat of bankruptcy approaches for Oscar Properties

Sweden Sweden — Oscar Properties CEO Richard Bagge comments on the postponed bankruptcy negotiations that are taking place today.

Balder ready to start growing again in 2025

Nordic — With stabilized yields, Balder is ready to grow in 2025. CEO Erik Selin shares his view of Balder's growth opportunities in the coming years and where he sees potential for favorable development going forward.

Neobo is open to enter the bond market

Sweden Sweden — Currently up on the stock market main list, Neobo had the opportunity on Friday to present how their third quarter has been and what lies ahead. Among other things, with the Nasdaq listing behind them, the CEO is now opening up to expand financing beyond the exclusive relationship they have with solely Nordic banks.

How Logistea benefits from the merger with KMC Properties

Nordic — In June, it was announced that Logistea and KMC Properties are merging to form a Nordic property company in logistics, warehouse and light industry. The merger is now complete and this Friday Logistea presented its first quarterly report after this event.

Castellum wants to become a bigger investor

Sweden Sweden — During Friday, Castellum presented its report for the third quarter of 2024. CEO Joacim Sjöberg talked, among other things, about how the summer's optimism faded a little during the fall and about how the company should move forward when becoming a net investor in 2025.

David Mindus on the appointment of the new Nyfosa CEO: "Good conditions to create shareholder value"

Sweden Sweden — Nyfosa has finalized a new CEO for the company, where Carl-Johan Hugner will succeed Stina Lindh Hök at the turn of the year. With the recruitment completed, Nyfosa's Chairman David Mindus tells Nordic Property News why the choice fell on Carl-Joha Hugner, about the recruitment process and how the company should be under the new leadership.

"Perhaps I will start my own business – but first a few weeks off"

Sweden Sweden — Nyfosa reports an increased management result in the third quarter of 2024, compared to the same period the year before. This is also the last financial report with Stina Lindh Hök as CEO. "I am proud of what I am leaving behind", she tells Nordic Property News.

How Germany's troubles opens opportunities for Bonava

Nordic — Germany is sick - but that is precisely why Bonava is preparing for land purchases in its strategic markets. “We see that type of opportunity, especially in Germany right now”, says CEO Peter Wallin. On Thursday, he and Bonava presented their third quarterly report.

"The recovery for new production will be delayed"

Sweden Sweden — Robert Boije, Chief Economist at the Swedish bank SBAB, sees glimmers of light but also a continued difficult market for new residential condominiums, despite the increase in housing purchases this year.