Nordic — On Tuesday, Cibus presented its interim report for the third quarter of 2023. The company was able to show an increased profit from property management during the third quarter, compared to the same period the year before. Leaving CEO Sverker Källgårdens submits his last interim report in a positive spirit: "I have a bright view of Cibu's future."

Sweden — Fredrik Palmgren leaves Savills for a new venture in project development and starts his own company Dopo. He tells Nordic Property News about the business, the company's goals, which segments and markets the company will be active in and shares his view on the market situation for project development.

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in October, 2023.

Sweden — Niam strengthens the team with a new senior hire.

Sweden — Skanska adds a new large office property to its own book when Sthlm 04 is acquired for SEK 830 million. Jan Odelstam, business unit manager for Commercial Development Nordic at Skanska, tells Nordic Property News about the work of building Skanska's own portfolio, how the company views future acquisitions and why the current situation on the transaction market does not affect the work with the own portfolio.

Sweden — This year, Klövern has plans to start at least 800 homes in Kista. Now it may soon become relevant for additional housing in southern Stockholm. Nordic Property News takes a closer look at the situation.

Nordic — Recently, it was announced that Heimstadens Bostads plans to sell approximately 25,000 homes from the stock in five different markets. All in all, it should bring in SEK 85 billion (EUR 7.2 billion) for the company. Rita Berg Hansen has now been tasked with leading the work on the sales challenges expected in the coming years.

Sweden — Balder strengthens the team with new Head of Leasing for retail.

Sweden — Castellum continues to feel strong, the company announces during its Q3 presentation – not least because despite the CPI indexing of rents, it has not yet given the tenants hiccups. But one thing that has become clear over the past year is that there are different groups of property companies on the bond market – there are winners and losers.

Finland — Finnish housing company Kojamo's total revenue landed at 112 million euros in the third quarter, which is an increase of 5.7 percent, while net rental income increased by 6.3 percent to 83.1 million euros compared to the same period last year, when the figure was 78 ,2. "Our business has developed as expected and our results are stable," says the company's CEO, Jani Nieminen.

Sweden — Global giant increases Castellum holding by 65,7 percent – rises in the list of owners.

Sweden — Major demand for Specialfastigheter in the hot segment. The newly appointed CEO Alexandra Laurén on how to manage the demand, the challenges, and what's in the company's pipeline.

Nordic — There were somber tones for the Nordic real estate companies on the stock exchanges in October. Almost all of the shares dipped with a few exceptions. Nordic Property News presents a list of the companies' performance during the tenth month of the year.

Sweden — After 2.5 years with Andreas von Hedenberg at the helm, CA Fastigheter will in the future have to look for a new CEO since von Hedenberg announced that he will leave the company. Andreas von Hedenberg tells Nordic Property News about the decision to leave the company and Johan Damne, chairman of the board of CA Fastigheter, tells what qualities and skills are being looked for in the next CEO.

Norway — Norwegian Property keeps building its Oslo CBD portfolio – this time through the acquisition of Telegrafen. CEO Bent Oustad tells Nordic Property News about the acquisition, what kind of new acquisitions Norwegian Property looks for, the growth ambitions in Oslo CBD and shares his view of transaction market at the moment.

Sweden — JLL Sweden's Head of Research Niclas Höglund on the dark month of October for det Swedish listed real estate companies and when we will see a much brighter trend, going forward.

Nordic — Corem's CEO Rutger Arnhult answered questions when the company's interim report was presented yesterday. Among other things, he talked about the possible continued sale of the portfolio and about the net operating margin, which has improved compared to the previous year.

Nordic — Entra's two largest owners, Castellum and Balder, both submitted their Q3 reports on Friday, and there it appeared that they have different views on their holdings in the Norwegian real estate company. Castellum has chosen to make a write-down of close to SEK 0.5 billion, while Balder has chosen to leave the value unchanged. Balder’s CEO Erik Selin comments on Balder's view of the Entra holding and shares his view of the bond market.

Nordic — JM has already seen a tough start to the year where the number of homes sold has more than halved, and as a result they had to give the staff a notice. If they don't increase sales during this last quarter, more notice may be required, says the CEO. Despite that, they believe in coming transactions and construction starts in the near future.

Nordic — Eastnine has a very stable financial position following the sale of the holding in Russian Melon Fashion Group and the redemption of Eastnine's only bond at the beginning of October. CEO Kestutis Sasnauskas summarizes a historic quarter for the company, which now aims to do the opposite of most other real estate companies and actually go on the offensive in the market. Here he explains more about how it could be done.

Nordic — In the spring the global investment company Abrdn appointed long time employee Anne Breen as its new head of real estate. In an exclusive interview with Nordic Property News she reveals what the transactions strategy looks like under her helm, how they view real estate in the Nordics and what opportunities they see in a market that has plenty of sellers.

Sweden — Vasakronan is strengthening its management team with Martin Kron, who in the spring of 2024 will step up as Head of Investments and Projects. Martin Kron tells Nordic Property News about leaving Skanska after 15 years, how he views Vasakronan and the role he will get there, about lessons the Swedish real estate industry can learn from the Finnish one and about the last time at Skanska.

Nordic — Since the summer there have been some movements in the ownership list of the listed Nordic real estate companies. Nordic Property News has taken a closer look at who owns most of the capital in the companies.

Nordic — In a new major plan, Heimstaden Bostad will turn its focus to the privatization of housing in five markets. The goal is to establish the BBB rating and pay off debts. When Christian Fladeland, Deputy CEO made his first presentation at the third quarterly report, the privatization was the big question and how this sale will affect the company.

Sweden — With several real estate companies struggling with debt situations, new transactions could open up for smaller entrepreneurial companies like Liljebo. Founder Omid Noghabai tells Nordic Property News about the plans for Liljebo.