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Top analyst: The segment with the biggest upside when the interest rate is lowered

Sweden Sweden — The indication from the Riksbank is that a first interest rate cut may take place in May or June, which is confirmed by the latest meeting protocol that was released on Thursday last week. For Nordic Property News, Arctic Securities analyst Michael Johansson provides a forward-looking analysis of the impact on the real estate sector and which pressured segment that enjoys the greatest upside from interest rate cuts.

Prologis on the fallout in supply and logistics scarcity to come

Nordic — The logistics giant Prologis has seen a major shift in the attitude to logistics property. At the same time, there is still a large deficit of the asset type in Europe. Prologis Head of Capital Deployment Europe, Sander Breugelmans, comments on the supply shortage ahead and what is causing that time needed for new construction has more than tripled.

March 2024: The Nordic top transactions

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in March, 2024.

"A segment which has taken market shares for several years"

Nordic — Bonnier Fastigheter broadens its operations towards the low-price retail segment when, via a deal in Kungens kurva in Stockholm, it becomes the owner of Prisma Properties. Bonnier Fastigheter's CEO Tomas Hermansson shares his view on the segment's potential, the investment in Prisma Properties and the possibility for Bonnier Fastigheter to enter other segments via indirect investments.

"The Nordic office market will continue to prioritize sustainability and flexibility"

Nordic — This Wednesday, Colliers announced that it is hiring Sven Moller as Head of Workplace Advisory, to review the company's office and workplace solutions. Nordic Property News had a chat with both the new employee Moller and with Martin Lindgren, Head of Occupier Services Colliers Nordics & Partner, partly to talk about Sven Moller's new assignment - but also to sneak a little insight into Colliers' general way forward with regard to the offices.

Top ten transactions during the first quarter of 2024

Sweden Sweden — Nordic Property News compiles a list of the largest transactions made on the Swedish market during the first quarter of 2024.

Ola Serneke's next step: "I will look at properties in southern and western Sweden"

Sweden Sweden — At the end of April, Ola Serneke leaves his operational role within Serneke Invest and continues to work in the company via a board seat in Doxa. Parallel to his board work, he intends to develop his private group. Ola Serneke told Nordic Property News about his feelings about leaving the operational role, the board work at Doxa, how he wants to develop and grow his private group and about the series of tough sports competitions he aims to participate in.

Blackrock's investment strategy for the Nordic countries

Nordic — Blackrock has found its own niche in the Nordics. That's what Thorsten Slytå, Managing Director and Head of Nordics thinks. At the same time, he sees the opportunities for them for a more diversified portfolio across the Nordic countries in the future – but that depends on the pricing.

The winners and losers on the stock market in March

Nordic — After two sluggish months at the beginning of the year the stock market took off seriously during March with green figures for almost all the real estate companies on the largest lists in the Nordics. Here Nordic Property News presents which companies performed best on the stock exchange during the third month of the year.

Max Barclay: "Not sure that Sweden is so far ahead"

Sweden Sweden — Max Barclay, with the titles deputy CEO and head of advisory operations at Newsec, predicts how the winds are blowing and scouts how 2024 will develop, which segment is the hottest right now and how advisors can take advantage of the development of artificial intelligence, AI.

Swedish municipality-owned company looks to divest its entire residential stock

Sweden Sweden — The entire remaining stock of municipal Lessebohus in Småland's Lessebo is on its way out for sale. Chairman of the board Gunilla Arvidsson tells Nordic Property News about the decision to sell, what she wants to see for potential buyers, what advisory services will be needed for a sale and the future of Lessebohus if the sale goes through.

The labor market conflict in Finland has a negative impact on housing trade

Finland Finland — The forecast pointed steadily upwards in Finland during the autumn. But now the real estate agent Sb-Hem's managing director Jukka Rantanen believes that the labor market conflict, the disagreement between the government and the unions and the ongoing strikes are slowing down the recovery of the housing trade in Finland. "The recovery in the housing market is delayed by the weakening of consumer confidence and the weakening of employment due to the conflict in the labor market," says Jukka Rantanen to Nordic Property News.

Nrep's conclusion for the office market: "Higher occupier demand in Copenhagen"

Nordic — The market situation, transaction prospects and the difference in the office segment across the Nordics were some of the things Nordic Property News reporter talked to Toke Clausen, Nrep's Head of Office, about during Mipim. He explain, among other things, why they are currently looking away from the Stockholm office market.

The figures showing the housing segment's falling returns

Nordic — For the second year in a row, housing was the weakest segment in Sweden in 2023 and for the first time in the last two decades, the segment has had a negative total return two years in a row, this did not happen even after the weak year of the financial crisis in 2008 when the recovery was faster. To get the facts behind the numbers, MSCI has presented its housing index for 2023 which, among other things, shows that we have now had six negative quarters in a row with a negative total return in Sweden.

Thomas Erséus: "More rotation of AMF's properties in the future"

Sweden Sweden — Nordic Property News reporter on site in Cannes had a conversation with AMF Fastigheter's CEO Thomas Erséus about the state of the market, the status of the profile projects and what can await the company in the future, which may contain selling more properties.

The highest LTVs in the Nordics

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies had in 2023.

After the Fastator deal – here is where the new JV is looking for more acquisition opportunities

Sweden Sweden — A newly formed joint venture company between R2 Fastigheter and Alhem Fastigheter buys a property in Nacka from Fastator. After the deal, Douglas Axelson, CEO of R2 Fastigheter, and Jacob Hallberg, CEO of Alhem Fastigheter, talk about the purchase in Nacka, how they want to develop the new joint company, the growth goals and where to look for new business.

SLP's ambitions for the hot logstics market in Gothenburg

Sweden Sweden — SLP enters a new market with its first acquisition in Gothenburg – a deal that means the company achieves a series of milestones. CEO Tommy Åstrand tells Nordic Property News about the acquisition and how they want to grow in Gothenburg, as well as his view of the Gothenburg market and the milestones reached.

The companies with the highest ICRs

Nordic — Nordic Property News presents a list over the Nordic listed companies with the highest Interest Coverage Ratios for 2023.

Wihlborgs set to buy property from the city of Malmö

Sweden Sweden — The Galoppen 1 property near Jägersro's race track was previously supposed to be assigned to Sagax, but now it is instead Wihlborgs who are close to buying the plot from the city of Malmö. The future tenant of the site is so far unknown, but it is reportedly a Nordic operator that is part of a global group. Nordic Property News reveals more about the upcoming transaction.

Top sellers in 2023

Nordic — Nordic Property News presents a list of the top sellers among the listed Nordic companies in 2023.

“There certainly is more activity and sense of optimism"

Denmark Denmark — Brunswick Real Estate and Pictet Alternative Advisors recently announced the divestment of the JV company Lindu Ejendomme to Blackstone. Anthony Romano, Country Head Denmark at Brunswick, tells Nordic Property News about the divestment, the work done on the Lindu portfolio, Brunswick’s plans for the Danish market going forward, the collaboration with Pictet and about his view on the state of the Danish market.

The most valuable real estate companies on the stock exchange

Nordic — A real estate year filled with worries and shaky future prospects, that is how 2023 can be summed up. Nordic Property News has taken a look at the companies' market capitalization after the flood of reports to see how much they are now worth on the stock exchange, and it is notable that a giant has regained first place and that a logistics heavyweight has made a jump up the list.

"Competition has decreased significantly"

Nordic — Magnus Berglund, Partner at CapMan Real Estate, sees that their funds will be able to make several acquisitions in a number of different segments in the future. At Mipim however, the image of the market is divided, but that does not necessarily have to be negative for their opportunities going forward.

CEO leaves JLL

Finland Finland — JLL Finland’s CEO exits the company after 18 years.