The Challenges in Converting Offices to Residential

Sweden Sweden — In the United States, there is talk of a "golden ticket" in the real estate market – that is to succeed in finding a vacant office building that can be converted into housing that can provide a lucrative future. The Swedish market hasn't really come that far, but with increasing vacancies in above all the older stock, one can ask – when will it be profitable to convert vacant office space into housing? Nordic Property News enlists the help of Cushman & Wakefield's valuer and analyst Frida Carlsson to dig into that and other issues surrounding office conversions.

"Buyers Are Becoming Very Active and We Expect Activity to Pick Up"

Nordic — Nordic Hotel Consulting recently announced its expansion in Stockholm. CEO Christian Kielgast tells Nordic Property News about NHC’s goals for the Swedish market, the affects of the pandemic on the hotel market and why activity could rise on the hotel transaction market.

The Swedish Funds' Real Estate Favorites

Nordic — Nordic Property News lists the Swedish securities funds' holdings in the Nordic listed real estate companies in 2022. How many funds that own, how much they own – and the funds that sit most heavily in the companies.

Here Are the Nordic Preference Shares with the Highest Dividend Yields

Nordic — Nordic Property News has listed the Nordic real estate companies’ preferred stocks. Which stock provides the highest yield and which stock has had the best development during 2023?

Företagsparken's Nordic Expansion Plans

Nordic — The Swedish real estate profile Knut Pousette on why he stepped down from the CEO chair at Fastator, his engagement in Företagsparken, and where the light industrial company will focus its Nordic investments, going forward.

K2A on the Major Deal: "Sometimes You Have to Rethink Your Strategy"

Sweden Sweden — After the SEK billion deal between K2A and Savills IM, Nordic Property News spoke with Christian Lindberg, vice president at K2A, about why this was the best option right now for the company and whether the future holds more sales.

The Global Giant BlackRock’s Nordic Investment Focus

Nordic — Exclusive for Nordic Property News: Thorsten Slytå, Managing Director and Head of Nordic Real Estate, shares his thoughts on the Nordic market, which country they focus on now, why he enjoys working for BlackRock, and why the Nordics is a “very important market” for the investor.

The New Strategy Behind Savills IM:s Major Deal

Sweden Sweden — The billion-dollar deal with K2A is the largest purchase in Sweden that Savills IM has made in almost a decade. For Nordic Property News, Peter Broström, responsible for Nordic operations within Savills IM, talks about the background to the giant deal, the new strategy and what type of deals they continue to look for.

Fund Giant Wins Land Permit in Competition with Heavyweights

Sweden Sweden — NREP's logistics company Logicenters has drawn the longest straw in a tender competition for an extensive food warehouse in Torslanda in Gothenburg. Nordic Property News tells more about the details of the venture and the tough competitors they managed to beat.

Saxborn co-starts New Foundation in Gothenburg

Sweden Sweden — The former CEO of Castellum continues to to deepen his social commitment and is now involved in starting a new foundation to create a better Gothenburg. He is part of a well-known trio that also consists of former Säpo chief Klas Friberg and Majblomman's former general secretary Tove Lindhahl Greve. Henrik Saxborn tells Nordic Property News more about the new initiative and what he hopes they will achieve.

How Pembroke Plans to Grow in the Nordics

Nordic — Edward Fryzer, Director, Investments at Pembroke: “We are creating a lot of organic growth within our portfolio in the Nordics, which is a strategy of ours.”

This Makes Gothenburg's Office Market Stand Out

Sweden Sweden — Savills' latest report on the office market in Gothenburg highlights several new interesting findings that Nordic Property News dives into together with Head of Research, Maryrose David, and Savills' Office Expert, Lisa Örn. * Big difference compared to Stockholm * This is where the vacancy levels are increasing * Unusual discounts for new contracts

The Reason Why Lundström Left John Mattson

Sweden Sweden — Mattias Lundström only lasted just over nine months in the role of CFO at John Mattson. For Nordic Property News, CEO Per Nilsson explains why the CFO is leaving the company.

The Nordic Chairmen with the Highest Fees

Nordic — Nordic Property News presents the fees of the chairmen in the largest Nordic real estate companies on the stock exchange.

Jesper Damborg Steps Down as CEO of Capital Investment

Denmark Denmark — Capital Investment makes a change in CEO as Jesper Damborg steps down. Damborg tells Nordic Property News about the decision, stepping into a role on Capital Investment’s Board of Directors and what’s next for himself.

They Were the Highest Paid CEOs in the Nordics Last Year

Nordic — Nordic Property News presents the wages of the CEOs in the largest Nordic real estate companies on the stock exchange.

Largest Transactions in Q1

Nordic — Nordic Property News takes a closer look at the largest transactions on the Nordic markets in Q1.

The Resilience on the Swedish Office Market – Compared to the Rest of Europe

Sweden Sweden — The office market is estimated to continue struggling with even higher yields, a decreased rental growth prospect and increased vacancies, according to Cushman & Wakefield's latest Office Snapshot. Anders Elvinsson, Head of Valuation & Strategic Advisory, on the outcome of the report.

Real Estate Giant Ready to Embark on Large Office Project in Sweden's Silicon Valley

Sweden Sweden — The detailed plan for over 31,000 square meters of new office space is now only awaiting approval by the city council before work can begin.

Exclusive with Blackstone: “The Nordics Is One of Our Core Markets”

Nordic — Michael Swank, Senior Managing Director, Blackstone, tells Nordic Property News about the Nordic investment plans, the focus segment in the Nordics and the company’s view on ESG when investing.

Weakest Q1 in a Decade – Dramatic Drop in Transaction Volumes

Nordic — Q1 2023 is the weakest first quarter in the transaction market in a decade, new figures from the adviser Colliers show. The recovery forecast will now probably have to be pushed forward to the autumn, says head of analysis Mikael Söderlundh in an interview with Nordic Property News, where he also comments on the dramatic drop in volume, how discussions are going on the market and why property values will probably have to be written down even more in the upcoming Q1 reports.

Prisma Takes on the Nordic Low-price Segment

Nordic — In Sweden the only type of store segment that has increased in recent years is discount stores. Despite that, until now there has not been a company that has focused solely on that segment. This is what Fredrik Mässing, new CEO of the newly formed company Prisma see as an advantage. "We have large growth plans in the coming years, both in existing acquisitions and through the development of new locations".

CBRE's Expectations on the Transaction Volume for 2023

Nordic — Patrik Kallenvret, Head of Capital Markets Nordics, CBRE: "There are reasons to be more optimistic now."

Lidl's Property Director on the Future Expansion Plans

Sweden Sweden — With inflation continuing to rise in Sweden, Lidl is especially in the limelight after it was the first among the food chains in Sweden to lower the prices of a number of items from the assortment. In an exclusive interview with Nordic Property News, property director Carl Balcer talks about how the chain works with its store concepts, how it has prepared for greater customer pressure and what they are looking for in terms of locations in their quest to expand in the Swedish grocery market.

Increased Bonus for Batljan in 2022

Sweden Sweden — The CEO of SBB increased his basic salary last year and also received a bonus increase of almost 55 percent compared to 2021.