Image

Property in Attractive Area to Be Acquired by the City

Sweden Sweden — City of Gothenburg's real estate office and Älvstranden Utveckling are reviewing the possibility of transferring an almost 200,000 square meter property in Gullbergsvass from Älvstranden Utveckling to the City of Gothenburg.

"A Slow Motion Real Estate Crisis in Sweden"

Sweden Sweden — Catella's Head of Research, Arvid Lindqvist, shared a gloomy picture of the economy in general and the real estate sector in particular with continued losses on the stock market and companies with a large residential stock facing particularly challenging times.

One Year Since the Major Akelius Acquisition: "Bought at the Perfect Wrong Time"

Nordic — At the end of October 2021, Heimstaden received final approval for the acquisition of Akelius' property portfolios in Germany, Denmark and Sweden. Almost a year later, Heimstaden's CEO Patrik Hall looks back on the huge 92 billion acquisition and the, in hindsight, "perfectly wrong timing" for the purchase. He also says how they view the future of the Akelius-portfolio today.

The Norwegian Hotel Chain Enters Sweden

Nordic — CEO Eivind Hjulstad: “Stockholm has been at the top of our list since we started the expansion of Citybox outside Norway.”

CEO to Leave Large Swedish Company

Sweden Sweden — Åsa Hedenberg leaves her position as CEO of Specialfastigheter during 2023.

Cromwell Property Group’s Keys for Further Growth in the Nordics

Nordic — Pontus Flemme Gärdsell, Head of Nordics at Cromwell Property Group: “Obviously, the competition is strong with a lot of capital entering the logistics sector.”

They Provide the Highest Dividend Yields on the Stock Exchange

Nordic — Nordic Property News presents which of the listed Nordic construction and real estate companies that have the best yields. Here is the complete list.

CBRE's New Top Name Left Russia After 16 Years

Sweden Sweden — Anders Liljenstolpe recently started his new role as the new CEO of CBRE's Advisory Services in Sweden. He has a long and solid background in the real estate industry, where he held top positions in several companies in Russia after having worked in the country since 2006. He tells Nordic Property News about the decision to leave Russia after the country's invasion of Ukraine and how he intends to leave his mark on the Swedish market for CBRE.

With Rising Energy Costs: Future Challenges for the Self-Storage Market

Norway Norway — Fabian Søbak, CEO of Self Storage Group: “The general inflation is impacting self storage.”

Akelius Opens Up for More Nordic Investments: "It's Likely"

Nordic — On Thursday last week, Akelius bought 40 million shares in Castellum from M2 Asset Management for SEK 4.6 billion, a deal that corresponds to 12.2 percent of the total number of shares in Castellum. The transaction makes Akelius the largest owner in Castellum, while the sale means that Rutger Arnhult reduces his ownership to 6.1 percent and becomes the second largest owner. Akelius CEO Ralf Spann tells Nordic Property News about the thinking behind the big purchase, what the ambition looks like with the holding and what other types of investment they are looking at.

The Targets for the New Swedish Residential Company

Sweden Sweden — A new company enters the Swedish housing market. With a strong team behind it, Covitum takes the first step with an investment in Boden. The CEO and founder Ingvor Sundbom tells Nordic Property News about the venture, the growth ambitions and about Balder’s Erik Selin joining as the main owner.

The Sustainable Investment Focus for Capman

Finland Finland — Sampsa Apajalahti, Investment Director at Capman Real Estate: “We want to be in the forefront by developing assets that meet the demands of the future.”

After the Bella Tower Acquisition – Here Is Where DWS Looks for New Danish Investments

Denmark Denmark — DWS continues to invest in the Nordic markets. After the acquisition of Bella Tower, Martin Weikamp, Head of Real Estate Transactions for the Nordics, tells Nordic Property News about the company’s desire for more Danish residential investments, where it looks for investments, what other segments are of interest, and about DWS’ appetite for the other Nordic markets.

Roger Akelius on the Blockbuster Acquisition in Castellum

Sweden Sweden — Akelius is back on the Swedish market through the giant acquisition of 12.2 percent shares in Castellum from Rutger Arnhult. Roger Akelius shares his thoughts on the transaction with Nordic Property News.

Here Is the Folksam Group's Growth Plans after the Major Acquisition in Central Stockholm

Sweden Sweden — One of the biggest deals of the year is a annouces as the Folksam Group, through KPA Pension, buys Vasahuset in central Stockholm for SEK 3 billion from DNB. Lars Johnsson, Property Director at the Folksam Group, tells Nordic Property News about the transaction, the company's real estate strategy and where they look for new acquisitions.

September 2022: The Nordic Top Transactions

Nordic — Nordic Property News lists the largest transactions in the Nordics during September, 2022.

The Largest Q3 Transactions in the Nordics

Nordic — It was a quite third quarter in the transaction market, but there were still som big deals made that exceeded 1 billion SEK in transaction volume. Here Nordic Property News presents the largest transactions in the Nordics during Q3.

Pan-European Investment Manager Targets the Nordic Markets

Nordic — Independent pan-European real estate investment manager MARK is set to expand the urban logistics platform Crossbay into the Sweden and Denmark. The company tells Nordic Property News about the appeal of the Swedish and Danish markets, where it looks for acquisitions and about the competition in the sector.

The Largest Q3 Transactions in Sweden

Sweden Sweden — It was a quite third quarter in the transaction market, but there were still som big deals made that exceeded 1 billion SEK in transaction volume. Here Nordic Property News presents the largest transactions in Sweden during Q3.

Large Urban Development Project in Fast-growing Swedish City

Sweden Sweden — A major investment is being carried out in Karlstad when Färjestad is to be developed with 100,000 new square meters consisting of housing, offices, commerce and parking. Tomas Rhöse, CEO of Löfbergs Fastigheter, tells Nordic Property News about the work with the area, what it means for Karlstad's future and about the most important parts of the process going forward.

"We Are Continuing to See Strong Demand from a Range of Occupiers"

Nordic — Verdion launches a second fund that will raise EUR 400M. With the new fund underway, Nordic Property News catches up with Peter Michael Tetzlaff, Head of Investment – Nordics at Verdion, about the state of the company’s current projects and the Nordic logistics market.

"Many Companies Will Face Very Tough Times in the Coming Years"

Sweden Sweden — Annica Ånäs believes in three tough years ahead for the real estate industry and at the same time she feels that many business leaders still have their blinders on when it comes to the economic crisis. At Fastighetsmarknadsdagen Uppsala, Atrium Ljungberg's CEO shared more about how she sees the challenges ahead with more difficult financing and approaching interest rate shocks.

September Figures: Major Drops on the Nordic Stock Markets

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in September.

The Top Nordic Recruitments in Q3

Nordic — Nordic Property News lists the people who was recruited to the most attractive jobs in the Nordic real estate market during the third quarter of 2022.

After the Key Recruitments: How Niam Will Grow in Norway

Norway Norway — Rikard Henriksson, Managing Partner at Niam: “We believe there will be some acquisition opportunities in 2023.”