The large projects that are affected by Serneke Sverige filing for bankruptcy

Sweden Sweden — In September last year, Serneke was commissioned to build two new swimming pools for the city of Gothenburg. Now the projects are at risk of being delayed. And it is not the only project where the future is uncertain. More clients who have been affected by the consequences of the bankruptcy are now trying to gain control of the situation.

Athena's growth plans on the care property market

Sweden Sweden — Major investment Athena Fastigheter takes the next step in its growth journey when it recruits Axel Berg as a new partner. As the team grows, CEO and co-founder Kjell Stenudd tells Nordic Property News about the company's growth plans, how it wants to balance acquisitions and development, the collaboration with external partners, which locations it sees as interesting to operate in and how the team at Athena Fastigheter will continue to be built.

The new owner comments on Serneke's bankruptcy: "We are sorry"

Sweden Sweden — The problems were bigger than first thought. That is the reason given now that the owner, barely a month ago, Mutares is filing for bankruptcy for Serneke Sweden. Miikka Suominen, who is both acting CEO and Chairman of the Board, says that the company's financial situation had deteriorated significantly in the previous months, which is now leading the way towards bankruptcy for Ola Serneke's life's work.

Sveafastigheter's CFO leaves the company

Sweden Sweden — Sveafastigheter's CFO Martina Lous-Christensen leaves the company and a recruitment process to find a successor has been initiated. CEO Erik Hävermark tells Nordic Property News what qualities companies are looking for in the next CFO, his thoughts on the organizational changes around finance that are being made during the recruitment process and how he views the management team he leads at Sveafastigheter.

The new Nyfosa CEO: "A successful team is based on everyone understanding their role"

Nordic — By the end of October 2024, the news came that Carl-Johan Hugner was to take over the CEO position at Nyfosa after Stina Lindh Hök, who announced her resignation during the month of July. Nordic Property News called the newly minted CEO to ask a about how he views his new position, the company he will now lead and whether it is actually possible to compare corporate operations with ball sports. Or, to be specific: basketball.

Wallenstam signs large lease with important tenant

Sweden Sweden — Wallenstam starts the year with a major lease in central Gothenburg when it signs an agreement for 5,000 square meters with the University of Gothenburg. Marina Fritsche, Regional Manager Gothenburg and Deputy CEO of Wallenstam, tells Nordic Property News about the lease and what it will mean for the Rosenlund area, as well as how they view the University of Gothenburg as a significant tenant.

The hottest recruitments and appointments in 2024

Nordic — A number of key positions on the Nordic real estate market got appointed during 2024. Nordic Property News takes a closer look at the hottest Nordic recruitments and appointments in 2024.

The Swedish Association of Architects sees the turnaround

Sweden Sweden — Something has happened. Like canaries in the mine, architects are the first to be affected by economic changes, both for better and for worse. There is great uncertainty, but a change is definitely underway. That is what the director of the Swedish Association of Architects, Tobias Olsson, says.

The best and worst performing real estate shares in 2024

Nordic — Winners and losers among the Nordics real estate and construction shares in 2024.

The hottest recruitments in Q4

Nordic — A number of key-positions within the companies on the Nordic real estate market got filled during the final quarter of 2024. Nordic Property News takes a closer look at the hottest Nordic recruitments in Q4.

Winners and losers on the stock market in December

Nordic — The shaky times continued for the the real estate and construction shares during December. Nordic Property News Nordic Property News presents the winners and losers on the stock exchange during the last month of 2024.

The properties included in Balder's major acquisition from Doxa

Sweden Sweden — On the penultimate day of 2024, Balder announced a new major transaction, with an acquisition for SEK 3.8 billion (EUR 331 million) from Doxa. Nordic Property News has taken a closer look at which properties were included in the transaction.

2024 in Nordic real estate

Nordic — A famous company goes bankrupt, IPOs make a comeback, a legend passes away, two listed Finnish companies makes changes in CEOs within two days and real estate fall out from a earth-shattering documentary. Nordic Property News lists some of the events that shaped 2024 in Nordic real estate.

Exclusive interview with Ola Serneke: "The competitors sharpen their pencils"

Sweden Sweden — Ola Serneke describes himself as equal parts economist, engineer and entrepreneur. Now he can also call himself an author. In the book Högt över molnen, ‘High above the clouds’ he shares lessons learned, success and setbacks during the years he has been active in the industry. The hope he has with the book is that it will inspire and perhaps especially the younger generation who are entering the industry. The tips are aimed at those who aim high and who will thus be able to absorb his journey and the parts of his personality that have made the big dreams come true.

Hans Wallenstam wants a Polish solution – for the Swedish residential market

Sweden Sweden — Hans Wallenstam summarizes the property year 2024 from Wallenstam’s view and talks about the investment opportunities after the recent blockbuster deals in Gothenburg and Stockholm. He also tells how he was inspired during a trip to Poland to find a possible solution to the crisis in housing construction in Sweden.

The end the year for the companies in terms of value on the property exchange

Sweden Sweden — What do the stock market values look like for the largest listed companies as the year draws to a close? Among other things, it can be noted that we have a change at the top.

How the Swedish transaction market will develop in 2025

Sweden Sweden — What will the Swedish transaction year 2025 be like, what factors will have the greatest impact on its development, which segments will be hot and cold, and what role will foreign players have? A panel consisting of Erik Nyman, JLL, Peter Wiman, EY, Maryrose David, Savills, and Adam Tyrcha, Newsec, shares their views of the transaction year that awaits.

The most attractive Swedish property stocks this Christmas

Sweden Sweden — Fund manager Peter Norhammar recommends three real estate stocks to give as Christmas gifts, including a major player in logistics. He also looks back on the volatile year and looks at expectations for the real estate market in 2025.

Byggvesta and Bonnier Fastigheter splits JV: "Better get cash flows directly"

Sweden Sweden — Bonnier Fastigheter and Byggvesta have announced that the collaboration in the rental development and joint venture JV company Hållbo has ended - after five years instead of seven, as was intended. Nordic Property News has spoken to the parties about why they broke up prematurely.

How Alma and Atell want to develop the MTG building

Sweden Sweden — Alma and Atell join forces and acquire the so-called MTG building on Södermalm in Stockholm. Mikael Pehrsson, Partner at Alma Property Partners, and Anna Reuterskiöld, Founding Partner at Atell, explain what attracted them to the property, why they chose to work together, how the division of labor in the partnership will look like, and the consideration that has been given to the situation of tenant Viaplay.

AP7's targets for the property portfolio – after the new investment in Urban Escape

Sweden Sweden — AP7 is taking a new step in its real estate investment and purchasing an additional stake in Urban Escape for approximately SEK 3.57 billion (EUR 311 million). Maria Björklund, Portfolio Manager within real estate at AP7, tells Nordic Property News about her view on future real estate investments, how she wants to build her portfolio and the development of the partnership with AMF.

"Hemsö have a strong investment pipeline"

Nordic — Hemsö sells – and gets an influx of capital to spur further growth. CEO Nils Styf tells Nordic Property News about the deal being made with the JV Lanthem and how and where they want to continue growing after the large capital injection from the owners.

The property sold from bankruptcy estate

Sweden Sweden — Titania is buying the property Byggmästaren 2 in Solna from Parkgate's bankruptcy estate. The purchase price is EU 13.1 million. It seems about time for a new owner to take over from Oscar Engelbert's, founder of Oscar Properties, company Parkgate, if you ask Martin Eliasson, chairman of the building committee in the city of Solna, as the property has been abandoned for five years and has become a dangerous place in the area.

Yield and rental expectancy for Sweden's major cities

Sweden Sweden — Yield and rental levels in Sweden's three largest cities remain at the same levels, but more people believe in slowing development over the next twelve months in SEPREF's consensus forecast.

The companies' outlook on the potential office shortage

Sweden Sweden — Recently, a report was published by the West Swedish Chamber of Commerce on Gothenburg's office market, which states that if all currently planned office projects are completed, there is still the risk that the amount of office space it adds will not be able to meet the future need. How do the companies view that risk and the challenges of the office market? Wallenstam and Vasakronan gives their outlook on the office market.