The top transactions in Sweden during 2023

Sweden Sweden — 2023 saw the weakest transaction market in a decade, but there was still a number of deals surpassning SEK one billion made despite an historically low volume overall. Nordic Property News has compiled a list of the largest transactions made on the Swedish market in 2023.

Quartiers' major owner on the journey from the pandemic bottom to best performing stock

Sweden Sweden — Of all listed Nordic real estate companies, it was Quartiers Properties that did by far the best on the stock market in 2023 with a price increase of almost 110 percent. In an exclusive interview with Nordic Property News, the company's largest owner, internet entrepreneur Mattias Kaneteg, talks about why he started investing in the company during the bottom of the pandemic, how the company has succeeded in retaliating on the market and how his sights are set for future investments.

Nordic top recruitments in 2023

Nordic — Nordic Property News presents a list of the top recruitments on the Nordic markets in 2023.

Winners and losers on the stock market in 2023

Nordic — A strong recovery in November and December saved the prices of a number of listed heavyweights in what was otherwise a turbulent year on the stock market for Nordic property shares. Nordic Property News summarizes how the companies on the largest lists performed in 2023, with a number of big sprint winners and some serious price drops at the bottom.

Strong December for Nordic listed real estate companies

Nordic — The real estate party on the stock market continued in December with strong performances from almost every listed Nordic company on the largest lists. Nordic Property News summarizes the companies performances during the last month of 2023.

The largest owners in the listed Nordic real estate companies

Nordic — Nordic Property News has taken a closer look at who the largest owners in the listed Nordic real estate companies are.

A Year in Review: 2023 in Nordic Real Estate

Nordic — The Nordic real estate industry continued to face tough times with interest rates putting pressure on most players. Nordic Property News takes a closer look at some of the significant events that shaped 2023 in Nordic real estate: from hiking interest rates and troubles at several key players to continued foreign interest for the Nordic markets and funds and institutions dominating the transaction markets.

Nordic top recruitments in Q4

Nordic — A number of key positions on the Nordic real estate market got filled during the final quarter of 2023. Nordic Property News takes a closer look at the hottest Nordic recruitments in Q4.

Lowest volume in ten years – but the turnaround is close: "They have a record amount of capital"

Nordic — The transaction year of 2023 is almost over and it will go down in history as one of the weakest since the turn of the millennium. The total volume for the Nordic region of just under EUR 20 billion is the lowest in a decade and the decline compared to 2022 is the largest since 08/09 during the financial crisis. However, Colliers' head of research Mikael Söderlundh tells Nordic Property News that the turnaround is close and that 2023 was probably the bottom year in this business cycle. Read about his predictions for 2024, the capital that needs to be spent and why the mood in the market has turned in recent months.

After the Helsinki acquisition: These are HCP Bricks’ investment targets

Finland Finland — Eyes the Finnish and Swedish market: “We are planning on growing further next year to utilize the attractive market.”

Johan Skoglund on his 21 years as CEO of JM

Nordic — Johan Skoglund has announced to JM's board that he has decided to retire in June 2024. This after 37 years at JM, of which 21 as CEO. We had a little chat with the man who, for many, is the very soul of JM.

Global investment manager on 2024: "Real estate is a tricky sector"

Nordic — The German asset management company DWS Group, headquartered in Frankfurt, is a spin-off from Deutsche Bank. DWS's global investment manager, Björn Jesch, has highlighted ten so-called investment themes for the coming year in a survey. In an exclusive interview for Nordic Property News, he now dives deep into these themes, which he believes will be relevant for investors in 2024 and beyond.

These are Union Residential Development's Swedish ambitions

Nordic — Just months after the acquisition of Bonava's Norwegian portfolio, Union Residential Development follows it up by buying 70 percent of Swedish Kynningsrud Bostäder. Per Martin Eriksson, Sweden manager for Union Residential Development, reveals what the investment plans are going forward.

Ursus' plans for residential development next to Postnord's HQ

Sweden Sweden — The Norwegian property owner Ursus has large development plans for the land right next to Postnord's headquarters in Solna, Sweden. Nordic Property News reveals more.

Viktor Mandel leaves Sveafastigheter

Sweden Sweden — When SBB announced on Monday that it is collecting housing assets worth 29 billion in Sveafastigheter before ownership dispersion, Erik Hävermark was listed as acting CEO of the company. Now the former CEO Viktor Mandel confirms that he is leaving Sveafastigheter completely. For Nordic Property News, he talks about the decision and about the CEO chair he instead continues in.

This is how the streamlining continues for SBB after Sveafastigheter

Sweden Sweden — SBB's CEO Leiv Synnes tells Nordic Property News that a listing of Sveafastigheter is one of the possible paths with the ownership dispersion that was recently announced. SBB also intends to go below 50 percent ownership in the soon-to-be-independent company. Here he tells more about how the streamlining of SBB will continue in the future.

“Optimistic about introducing new investors to the Swedish market next year”

Nordic — Fokus Nordic assists another global player to enter the Nordics. The company’s CEO Tonny Nielsen tells Nordic Property News about the becoming the preferred Nordic partner to several global players, the most important tasks in 2024 for Fokus Nordic and how he believes the Nordic markets will develop in the coming year.

Five quarters in a row with negative growth

Nordic — The first three quarters of the year were the coolest in the Nordic transaction market since 2010, and Q3 2023 turned out to be the fifth straight quarter with negative capital growth in the Nordics, according to the latest figures from the analysis company MSCI Real Assets. Nordic Property News tells you more about the latest findings and conclusions.

Obos develops new prestigious Stockholm project: "6,000 are in the queue of interest"

Sweden Sweden — It is almost a year ago that Obos chose not to proceed with any of the architectural proposals they had received for the major project Stadsljus, formerly Gasklockan, in Norra Djurgårdsstaden. But now the proposal has been presented and group CEO Daniel Kjørberg Siraj and Sofia Ljungdahl, CEO of Obos Nya Hem say that the house will not only be a landmark in Stockholm, but also for Obos as a company.

SBB promises to start construction next year – may be fined if not

Sweden Sweden — SBB has promised Skellefteå municipality that they will be able to start construction of 280 homes in 2024, and has plans for another 200 that are awaiting detailed plans. The land instructions have been extended even though the municipality has repeatedly said that they will not do so unless the companies move forward and there may be a fine if they do not start as planned in 2024.

"A strong belief in the underlying need for this property type"

Sweden Sweden — Slättö carries out one of the year's biggest deals in Sweden when it acquires 47 community properties from Estea Omsorgsfastigheter for just under SEK 3 billion (EUR 257 million). Erik Dansbo, partner and CIO at Slättö, tells Nordic Property News about the acquisition and its importance for the fund and about bringing Estea in as an owner in the company.

DNB starts selling off Oscar Properties assets: "Major negative impact"

Sweden Sweden — The Norwegian bank DNB has started to sell off a portfolio of Oscar Properties properties because the company was unable to pay the interest on a loan of SEK 1.6 billion from the bank, something that Bloomberg News was the first to report on. For Nordic Property News, CEO Carl Janglin confirms that the company, together with other lenders, is evaluating whether there is a way forward even without the DNB portfolio. He also explains how this affects the restructuring plan.

Logistics profile believes over-establishment slows down the logistics industry

Sweden Sweden — Mattias Kettelhoit, Head of Logicenters, does not want to talk about a crisis for logistics companies, but he agrees that the market has become tougher during the autumn and winter. “The supply of premises has increased and thus the demand has decreased,” he tells Nordic Property News in an exclusive interview.

Why Quartiers' CEO has resigned: "An innovative idea"

Sweden Sweden — At the end of last week, Quartiers Properties announced that longtime CEO Marcus Johansson Prakt will step down from his position to explore new challenges outside the company. For Nordic Property News he looks back on five developing, and somewhat turbulent, years as CEO of the Marbella-based company, why he now chooses to move on and also leaves a hint about what he has in store as a future investment.

"Many real estate companies take selling and letting too lightly"

Sweden Sweden — In 2022, he took the step from NCC to an existence as a consultant. Now Marcus Sandahl is returning to life as an employee when he becomes sales and rental manager at Platzer. Marcus Sandahl spoke to Nordic Property News about the new position, his view of Platzer, Johanna Hult Rentsch's importance for the decision to join the company, about the lessons learned from the consulting business and about the last time with the assignment at Hufvudstaden.