Image

"The interest rate is here to stay"

Sweden Sweden — Nick Axford, Chief Economist at Avison Young participated in the Capital Markets Days in Båstad where he gave his view on how the global economy is now setting a new but old standard for how the real estate market will work going forward.

Michael Berglin leaves Serneke

Sweden Sweden — After eleven years at Serneke, Michael Berglin has now left the company and his role as CEO. For Nordic Property News, he comments on the decision.

Matthias Kettelhoit on logistics properties: "Absolutely no crisis - but we have passed the peak"

Nordic — According to Matthias Kettelhoit, Head of Logicenters, NREP's logistics platform, the pace of expansion of logistics companies will soon begin to slow down. At the same time, he sees no crisis in the logistics industry: "I don't think we have signed as many contracts as we did in the first half of 2023."

"A return to normality after the madness"

Sweden Sweden — During the Capital Markets Days in Båstad earlier in July, Henrik Mitelman, independent analyst, columnist for Dagens Industri and formerly head of analysis at SEB, spoke about where he thinks the economy is headed. Is it a bump in the road we are experiencing – or is it time we woke up to a new reality?

The investment profile: "The bottom hasn't been reached yet"

Nordic — Despite a weak market, CBRE Investment Management has been quite active with both sales and purchases over the past year. Marcus Arvidsson, Senior Asset Manager, does not rule out further sales - even if the plan is to grow.

Arvius: Sweden's market reputation is surprisingly bad abroad

Nordic — The permafrost on the Swedish transaction market has been at a stable low for a few quarters, but by late spring 2023 a possible thaw could be discerned. Activity has picked up somewhat and buyers and sellers seem to be starting to find each other again - but is it a total thaw we are seeing? Joakim Arvius, CEO of Colliers Sweden, gives his view on the transaction market in the summer of 2023.

Maria Wetterstrand on the property industry: "I'm tired of good examples"

Sweden Sweden — Maria Wetterstrand, CEO of Milton Europe and former spokesperson for the Swedish Green Party, spoke at the Capital Market Days in Båstad earlier in July. Her speech contained some praise for the industry, but mostly criticism: "The transition to a green and sustainable real estate industry must speed up."

Here are the Nordic top transactions in H1 2023

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in the first half of 2023.

The largest Finnish transactions in H1 2023

Finland Finland — Nordic Property News presents the largest transactions on the Finnish property market in the first half of 2023.

ABG Fastena reaches threshold – here is its new targets for the hot segment

Sweden Sweden — ABG Fastena continues its acquisition journey with two new stores in southern Sweden, and thus the company's business leg grocery stores/discount store properties reaches SEK 1 billion in real estate value. Philip Söderqvist, Founding Partner and Head of Investments, tells Nordic Property News about the company's view of the current transaction market, the future in low-price/groceries, the weighting of the portfolio, a possible entry into the Finnish market and about the general future plans for the company.

The largest Danish transactions in H1 2023

Denmark Denmark — Nordic Property News presents the largest transactions on the Danish property market in the first half of 2023.

Balder's CEO is considering fragmenting

Nordic — Building housing is only favorable in certain locations and certain countries, says Balder's CEO Erik Selin when he participates in the capital market days in Båstad. At the same time, he stressed the importance of seeing that the "crisis" that many people think they see is only a blip in an otherwise upward curve. "It's just a matter of parrying that blip," he says. But that Balder will remain in its current form is far from obvious if the CEO himself is to be believed.

The largest Swedish transactions in H1 2023

Sweden Sweden — Nordic Property News presents the largest transactions on the Swedish property market in the first half of 2023.

"We expect to see a lot more product coming to the market"

Finland Finland — After joining Advium as Head of Real Estate in early 2023, Henrik Calton tells Nordic Property News about his first months with the company, his view of the Finnish market and how he believes it will develop in the second half of 2023.

The largest Norwegian transactions in H1 2023

Norway Norway — Nordic Property News presents the largest transactions on the Norwegian property market in the first half of 2023.

Sagax makes new large investment in Nyfosa

Sweden Sweden — Sagax continues to increase their holdings in Nyfosa.

Lowest volume in a decade – here’s what to expect on the Nordic transaction market

Nordic — Mikael Söderlundh, Head of Research and Partner at Colliers Nordics, on the weak transaction volume during the first half of 2023, predictions for H2, and why Sweden is under extra pressure on the transaction market.

June 2023: The Nordic top transactions

Nordic — Nordic Property News lists the largest transactions in the Nordics during June, 2023.

"The fundamental housing shortage is a national concern"

Sweden Sweden — When the market for housing developers is at its most challenging, Areim chooses to step in and buy the remaining shares in the housing developer Magnolia Bostad from Holmströmgruppen and Holmström Fastigheter. Erika Olsén, Partner, Investments at Areim, tells Nordic Property News about the decision, the market situation for housing developers and where the focus will lie going forward.

Founder of Bockasjö: "I've never been better than I am now"

Sweden Sweden — 20 years after Joakim Hedin helped start Bockasjö, he has made the decision to sell the company to Catena in a deal worth just under half a billion SEK. For Nordic Property News, he talks about the road to the big agreement, how he feels that the logistics market has changed in recent decades and what his continued investments will look like when the Bockasjö era ends in October.

Matilda Vinje new CEO of Schage Eiendom: "The company is in an exciting phase"

Norway Norway — Schage Eiendom has appointed Matilda Vinje as new CEO. She tells Nordic Property News what attracted her about joining Schage, the plans for the company and shares her view of the real estate market.

Verdion to triple its platform in the Nordics over the next five years

Nordic — Peter Michael Tetzlaff, Head of Investment, Nordics, at Verdion tells Nordic Property News about the Nordic recruitment, speculatively development of logistics in Sweden, and the expansion plans in the Nordic region.

Arnhult: "Corem probably needs to sell for another SEK 4–5 billion"

Sweden Sweden — Rutger Arnhult has been given a new lease of life since he returned to Corem as the new CEO in mid-June. In an out spoken interview with Nordic Property News he talks about what Corem's continued transactional work will look like, why the office market is not at all "stone dead" and he also gives a sober analysis of the low interest rates that created the bond problem that many real estate companies are now grappling with.

Panattoni establishes itself in Gothenburg – will continue expansion in strategic locations

Sweden Sweden — Panattoni has acquired a property from Företagsparken with the possibility of building a logistics facility of approx. 14,300 square meters. Through the purchase, Panattoni strengthens its establishment in the Gothenburg region. Nordic Property News had a chat with Panattoni's Sweden CEO, Fredrik Jagersjö Rosell, about the investment and the plans going forward.

New capital-strong owner in place – this is the next step for Klövern

Sweden Sweden — Nrep are the capital-strong owners that Klövern sought after a tough start when, among other things, Corem was in a process of shedding off the housing segment, according to chairman Patrik Essehorn. At the same time, Corem, as one of the major owners, has been hit hard by extensive borrowing and high interest rates. Rutger Arnhult, Corem's CEO since a few weeks ago, tells Nordic Property News that Klövern will now be able to accelerate much faster than the company would otherwise have been able to do.