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The largest owners in the listed Nordic real estate companies

Nordic — Nordic Property News has taken a closer look at who the largest owners in the listed Nordic real estate companies are.

A Year in Review: 2023 in Nordic Real Estate

Nordic — The Nordic real estate industry continued to face tough times with interest rates putting pressure on most players. Nordic Property News takes a closer look at some of the significant events that shaped 2023 in Nordic real estate: from hiking interest rates and troubles at several key players to continued foreign interest for the Nordic markets and funds and institutions dominating the transaction markets.

Nordic top recruitments in Q4

Nordic — A number of key positions on the Nordic real estate market got filled during the final quarter of 2023. Nordic Property News takes a closer look at the hottest Nordic recruitments in Q4.

Lowest volume in ten years – but the turnaround is close: "They have a record amount of capital"

Nordic — The transaction year of 2023 is almost over and it will go down in history as one of the weakest since the turn of the millennium. The total volume for the Nordic region of just under EUR 20 billion is the lowest in a decade and the decline compared to 2022 is the largest since 08/09 during the financial crisis. However, Colliers' head of research Mikael Söderlundh tells Nordic Property News that the turnaround is close and that 2023 was probably the bottom year in this business cycle. Read about his predictions for 2024, the capital that needs to be spent and why the mood in the market has turned in recent months.

After the Helsinki acquisition: These are HCP Bricks’ investment targets

Finland Finland — Eyes the Finnish and Swedish market: “We are planning on growing further next year to utilize the attractive market.”

Johan Skoglund on his 21 years as CEO of JM

Nordic — Johan Skoglund has announced to JM's board that he has decided to retire in June 2024. This after 37 years at JM, of which 21 as CEO. We had a little chat with the man who, for many, is the very soul of JM.

Global investment manager on 2024: "Real estate is a tricky sector"

Nordic — The German asset management company DWS Group, headquartered in Frankfurt, is a spin-off from Deutsche Bank. DWS's global investment manager, Björn Jesch, has highlighted ten so-called investment themes for the coming year in a survey. In an exclusive interview for Nordic Property News, he now dives deep into these themes, which he believes will be relevant for investors in 2024 and beyond.

These are Union Residential Development's Swedish ambitions

Nordic — Just months after the acquisition of Bonava's Norwegian portfolio, Union Residential Development follows it up by buying 70 percent of Swedish Kynningsrud Bostäder. Per Martin Eriksson, Sweden manager for Union Residential Development, reveals what the investment plans are going forward.

Ursus' plans for residential development next to Postnord's HQ

Sweden Sweden — The Norwegian property owner Ursus has large development plans for the land right next to Postnord's headquarters in Solna, Sweden. Nordic Property News reveals more.

Viktor Mandel leaves Sveafastigheter

Sweden Sweden — When SBB announced on Monday that it is collecting housing assets worth 29 billion in Sveafastigheter before ownership dispersion, Erik Hävermark was listed as acting CEO of the company. Now the former CEO Viktor Mandel confirms that he is leaving Sveafastigheter completely. For Nordic Property News, he talks about the decision and about the CEO chair he instead continues in.

This is how the streamlining continues for SBB after Sveafastigheter

Sweden Sweden — SBB's CEO Leiv Synnes tells Nordic Property News that a listing of Sveafastigheter is one of the possible paths with the ownership dispersion that was recently announced. SBB also intends to go below 50 percent ownership in the soon-to-be-independent company. Here he tells more about how the streamlining of SBB will continue in the future.

“Optimistic about introducing new investors to the Swedish market next year”

Nordic — Fokus Nordic assists another global player to enter the Nordics. The company’s CEO Tonny Nielsen tells Nordic Property News about the becoming the preferred Nordic partner to several global players, the most important tasks in 2024 for Fokus Nordic and how he believes the Nordic markets will develop in the coming year.

Five quarters in a row with negative growth

Nordic — The first three quarters of the year were the coolest in the Nordic transaction market since 2010, and Q3 2023 turned out to be the fifth straight quarter with negative capital growth in the Nordics, according to the latest figures from the analysis company MSCI Real Assets. Nordic Property News tells you more about the latest findings and conclusions.

Obos develops new prestigious Stockholm project: "6,000 are in the queue of interest"

Sweden Sweden — It is almost a year ago that Obos chose not to proceed with any of the architectural proposals they had received for the major project Stadsljus, formerly Gasklockan, in Norra Djurgårdsstaden. But now the proposal has been presented and group CEO Daniel Kjørberg Siraj and Sofia Ljungdahl, CEO of Obos Nya Hem say that the house will not only be a landmark in Stockholm, but also for Obos as a company.

SBB promises to start construction next year – may be fined if not

Sweden Sweden — SBB has promised Skellefteå municipality that they will be able to start construction of 280 homes in 2024, and has plans for another 200 that are awaiting detailed plans. The land instructions have been extended even though the municipality has repeatedly said that they will not do so unless the companies move forward and there may be a fine if they do not start as planned in 2024.

"A strong belief in the underlying need for this property type"

Sweden Sweden — Slättö carries out one of the year's biggest deals in Sweden when it acquires 47 community properties from Estea Omsorgsfastigheter for just under SEK 3 billion (EUR 257 million). Erik Dansbo, partner and CIO at Slättö, tells Nordic Property News about the acquisition and its importance for the fund and about bringing Estea in as an owner in the company.

DNB starts selling off Oscar Properties assets: "Major negative impact"

Sweden Sweden — The Norwegian bank DNB has started to sell off a portfolio of Oscar Properties properties because the company was unable to pay the interest on a loan of SEK 1.6 billion from the bank, something that Bloomberg News was the first to report on. For Nordic Property News, CEO Carl Janglin confirms that the company, together with other lenders, is evaluating whether there is a way forward even without the DNB portfolio. He also explains how this affects the restructuring plan.

Logistics profile believes over-establishment slows down the logistics industry

Sweden Sweden — Mattias Kettelhoit, Head of Logicenters, does not want to talk about a crisis for logistics companies, but he agrees that the market has become tougher during the autumn and winter. “The supply of premises has increased and thus the demand has decreased,” he tells Nordic Property News in an exclusive interview.

Why Quartiers' CEO has resigned: "An innovative idea"

Sweden Sweden — At the end of last week, Quartiers Properties announced that longtime CEO Marcus Johansson Prakt will step down from his position to explore new challenges outside the company. For Nordic Property News he looks back on five developing, and somewhat turbulent, years as CEO of the Marbella-based company, why he now chooses to move on and also leaves a hint about what he has in store as a future investment.

"Many real estate companies take selling and letting too lightly"

Sweden Sweden — In 2022, he took the step from NCC to an existence as a consultant. Now Marcus Sandahl is returning to life as an employee when he becomes sales and rental manager at Platzer. Marcus Sandahl spoke to Nordic Property News about the new position, his view of Platzer, Johanna Hult Rentsch's importance for the decision to join the company, about the lessons learned from the consulting business and about the last time with the assignment at Hufvudstaden.

Eastnine's unwavering faith in offices – these are their expansion plans

Nordic — After the autumn sale of the holding in the Russian company MFG and with a new business plan behind it, Eastnine is ready to grow significantly in the future. CEO Kestutis Sasnauskas tells Nordic Property News about the ambitious growth goals, why they have such a firm belief in the office segment and what type of transactions the company is looking at going forward.

Pictet's growth ambitions within logistics in the Nordics

Nordic — Pictet recently strengthened its Nordic portfolio with the acquisition of a newly built logistics property in Halmstad. Linus Nilsson, Head of Nordics at Pictet, tells Nordic Property News about the company's requirements for logistics properties, the growth plans in logistics in the Nordics, the view of the Nordic logistics markets and which other segment it wants to grow in.

Selvaag goes green in Swedish housing project

Sweden Sweden — With its proposal "Grønn", Selvaag Bolig won a land allocation competition for residential construction in central Nacka, Sweden, in 2021. Before the consultation of the detailed plan, the first illustrations of the green project, produced by Belatchew architects, are now available, and Nordic Property News can tell you more about the company's investment in Nacka.

Prologis predicts the coming trends in logistics property

Nordic — Head of Research at Prologis, Eva van der Pluijm-Kok, says that there are a few factors affecting the logistic real estate in the near future. One being a decrease in new production.

The real estate industry late with sustainability reporting despite EU requirements

Sweden Sweden — The EU's taxonomy regulation, which determines when a business is sustainable, comes into effect on January 1, 2024, and the sustainability reporting directive, CSRD, becomes law in Sweden on January 1, 2025. Nevertheless, very few real estate companies have begun to prepare for the transition. According to Mattias Johansson, partner and auditor at KPMG, they run the risk of being cought off guard when the law comes into effect. His message to the industry is clear: “It's time to raise the issue now!”