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Daniel Kjørberg Siraj Resigns from the Veidekke Board

Norway Norway — Daniel Kjørberg Siraj, board member of Veidekke and CEO of OBOS, has informed Veidekke that he is resigning from the company’s board of directors after having been nominated for a place on the board of NCC. He tells Nordic Property News more about the decision and his future.

A New Era for Commercial Real Estate

Nordic — The global markets were immediately and dramatically effected by the Russia-Ukraine war. One year after the war’s tragic outbreak, Tom Leahy, Head of EMEA Real Assets Research, a part of MSCI, talks to Nordic Property News about the end of the low interest and a world in which commercial real estate is no longer a bond proxy.

Balder's Plans Could Be Merged with Duo

Sweden Sweden — Balder and Älvstranden Utveckling are involved in the plans that will add over 1,000 new homes to the district of Sannegården in Hisingen, Gothenburg. Now a trio of plans will be merged for better urban development on the site. Nordic Property News gives you more details about the coming exploitation.

New Yield Expectancies for Sweden's Major Cities

Sweden Sweden — Here is the expected development of yields in Stockholm, Gothenburg and Malmö, according to SEPREF’s consensus forecast.

JLL's Expert: The Case for and Against Properties on the Stock Exchange

Nordic — Since October 2022, the real estate sector of the stock market has slowly started to recover from the slaughter in the first nine months of last year, although February has been a weak month so far. JLL's head of analysis Niclas Höglund gives his view of what he believes speaks for and against the property shares right now and going forward.

CBRE Appoints New Head of Research in Sweden

Sweden Sweden — CBRE is strengthening its analysis work through the recruitment of Annika Edström as the new Head of Research in Sweden. She tells Nordic Property News about her start at CBRE, her new role and what she hopes to bring with her from her latest assignment as an app creator.

Diös' CEO Doesn't Rule Out Being a Net Seller in 2023

Sweden Sweden — As the largest real estate company in northern Sweden, Diös is often at the forefront of trends in the real estate industry, but also catches a large part of the wind when the wind blows hard. CEO Knut Rost tells Nordic Property News more about the company's year end results and the ambitions going forward.

They Send the Most Danish Participants to Mipim

Denmark Denmark — With this year's Mipim just a month away, Nordic Property News takes a closer look at how many participants go to Cannes from the various Nordic countries and what companies send most employees to Mipim. First out are the Danish participants.

Ulrika Hallengren on Wihlborg's Record-breaking 2022 – and the Goals Ahead

Sweden Sweden — While most other reporting companies are reducing or canceling the dividend altogether, Wihlborgs announces a slight increase in connection with the financial statements that were presented on Tuesday. The company also makes a very small write-down on its properties, only -16 million SEK. CEO Ulrika Hallengren tells Nordic Property News about the company's strong performance in 2022 and how best to tackle the transaction market in 2023.

They Send the Most Swedish Participants to Mipim

Sweden Sweden — With this year's Mipim just a month away, Nordic Property News takes a closer look at how many participants go to Cannes from the various Nordic countries and what companies send most employees to Mipim. First out are the Swedish participants.

Why Castellum Are Currently "Schrodinger's Net Seller"

Sweden Sweden — Castellum will continue on the set path by focusing on the balance sheet and its rating in the first place, acting CEO Joacim Sjöberg confirmed when the financial statements were presented on Monday. At the same time, a kind of "Schrodinger's net seller" is adopted when it comes to the transaction side, because neither the CEO or the CFO Jens Andersson could give a clear answer to what the strategy looks like in 2023.

They Send the Most Finnish Participants to Mipim

Finland Finland — With this year's Mipim just a month away, Nordic Property News takes a closer look at how many participants go to Cannes from the various Nordic countries and what companies send most employees to Mipim. First out are the Finnish participants.

They Send the Most Norwegian Participants to Mipim

Norway Norway — With this year's Mipim just a month away, Nordic Property News takes a closer look at how many participants go to Cannes from the various Nordic countries and what companies send most employees to Mipim. First out are the Norwegian participants.

DWS Group Recruits from Newsec

Nordic — DWS Group strengthens the Nordic team with an appointment from Newsec.

Swedish Investments in Denmark Decreased in 2022

Nordic — A report from the Öresund Institute shows that more Swedish companies have sought to cross the strait to the Danish real estate market. In five years the number of Swedish real estate companies with a presence in Denmark has doubled in number and that many of those who have established themselves in the neighboring country intend to make more investments in the future. But the uncertainty in the economy means that several companies take the opportunity to consolidate in the coming year.

Erik Selin: "We Can Keep Away From the Bond Market Until 2026"

Sweden Sweden — Balder was one of the real estate companies that advanced the most on the stock market during Friday's trading, this after the company released its financial statements for 2022. During the presentation, CEO Erik Selin commented on his view on the bond market, the credit appraisers' view of the company and what we can expect from Balder on the transaction market in 2023.

Panattoni's Road to The Next Phase of Expansion

Nordic — Panattoni's journey in 2023 will consist of several developments at the same time. Partly all projects that are already under construction. At the same time as the first completed building in Enköping, Sweden, will be inaugurated in October. CEO Fredrik Jagersjö Rosell believes that even though they have set high targets for how much area they should produce per year, the economy will leave its mark on the company's progress in Sweden.

Here Are Balder's New Acquisitions

Sweden Sweden — Balder continues to make transactions under the radar.

Major Breakthrough in One of Denmark's Largest City Developments Ever

Denmark Denmark — DSB Ejendomsudvikling, Novo Holdings, Industriens Pension and NREP have entered into a conditional joint venture agreement, which means that the entire area of Jernbanebyen is expected to be consolidated in common ownership once a local plan for the area has been adopted. The advisor Nordanö’s Jacob Kjær tells Nordic Property News about what is to expect, going forward.

Wallenstam: "We'll See Major and Minor Developments in a Rollercoaster"

Sweden Sweden — Wallenstam's increased dividend yield requirement in 2022 is one of the consequence of an uncertain and waiting real estate market as well the higher interest costs, the company writes in its year-end communiqué. To Nordic Property News, CEO Hans Wallenstam says that it is the difficulties in valuing the property portfolio that should stand in contrast to the fact that, after all, they deliver a result after tax that amounts to SEK 1.1 billion.

How Castellum Proceeds After the Heavy Board Losses

Sweden Sweden — Last Friday, Anna Kinberg Batra announced that she is leaving her seat on Castellum's board due to her new assignment as governor of Stockholm, and on Monday Rutger Arnhult announced that he too is leaving the board with immediate effect. Chairman of the Board Per Berggren tells Nordic Property News how he views the current situation on the board, how the vacant seats can be filled and how the hunt for a new CEO is progressing.

The Trend Grows Stronger: Why Danish Secondary Cities Are in Such High Demand

Denmark Denmark — The trend of Danish cities outside being a hot commodity continues as Round Hill Capital acquires a residential from Pareto Securities. Anders Holm, Partner at Colliers, tells Nordic Property News about the appeal of the secondary cities in Denmark, which cities are in demand, what segments investors are looking at and how he believes this trend will develop in 2023.

Sharp Report Drop for Fabege – But Dahlbo Sees Stability

Sweden Sweden — Fabege reported a substantial decline in management results in the fourth quarter of 2022 and the property portfolio was devalued by almost four billion SEK, the board also proposes a reduced dividend. The stock took a big hit on the stock exchange during Monday's trading and CEO Stefan Dahlbo took the opportunity to replenish his holdings during the dip. Together with the CFO Åsa Bergström, he tells more about how the company tackles what is expected to be a challenging 2023.

"The Norwegian Market Is Very Interesting at the Moment”

Norway Norway — Areim strengthens its Norwegian team with the recruitment of Joachim Tangen. Petter Falck, Head of Areim Norway, tells Nordic Property News about the increased local presence, Areim’s ambitions for the Norwegian market, what assets and what locations they are looking for and shares his view of state of the Norwegian real estate market.

CBRE: Watch Out for the Retail Segment in Finland

Finland Finland — CBRE recently released a Market Outlook for the Finish real estate market. The cross-border investment during 2022 was mostly located in the residential segment, which partly is due to the high level of transparency in that market says Jussi Niemistö, Head of Research at CBRE.