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Major interest for scolding hot Nordic hotel markets: "Broad and growing interest"

Nordic — The Nordic hotel market experiences strong growth with double-digit increases and record investments during the summer season. Björn Gullaksen, Analyst, Hotels at CBRE Sweden, tells Nordic Property News about the growing interest in the sector, the future development of the transaction market, the types of investors currently active, and the trends shaping the industry.

Winners and losers on the stock market in September

Nordic — There was a mixed bag among the performance of real estate and construction companies on the stock exchange in September. Nordic Property News has a list of how the companies performed on the stock exchange during August.

Leaves Croisette for Castellum

Sweden Sweden — Jennifer Jansson leaves Croisette to to become Head of Leasing at Castellum West. She tells Nordic Property News what attracted her about joining Castellum, the company’s position in the market, the transition from advisory services to property ownership, and her perspective on the leasing market in Gothenburg.

Ola Serneke embarks on a prestigious new project

Sweden Sweden — Together with IFK Göteborg, Ola Serneke will investigate and pursue the development of a new football stadium with a capacity of 30,000 spectators in the Kviberg area of eastern Gothenburg. “I believe this has every chance of becoming a reality,” Ola Serneke tells Nordic Property News.

Municipality buys back project from Boklok – at half the price

Sweden Sweden — Housing developer Boklok has been unable to complete its project in Sege Park, Malmö, and has been seeking a buyer for some time. The Technical Committee has now agreed to repurchase the property, resulting in a loss-making transaction for Boklok.

Fortinova enters a new market – here are the plans for continued growth

Sweden Sweden — Fortinova has completed a new residential acquisition, thereby gaining access to a new market. CEO Anders Johansson discusses the acquisition, the future outlook for Strömstad, the company’s plans in this new market, and its ambitions for continued growth.

“We primarily focus on acquisition opportunities”

Finland Finland — Prisma is expanding into Finland, beginning with the signing of a portfolio management agreement with Avalor. Head of Property Management Per Nilsson discusses the partnership with Avalor, Prisma’s objectives for the Finnish market, and the conditions enabling growth in this new market.

These are the biggest real estate companies on the stock market

Nordic — The Nordic stock exchange's most valuable construction and real estate company has a market capitalization of almost SEK 100 billion. Here, Nordic Property News has listed the market capitalization of all the listed Nordic real estate companies on the largest lists.

The targets for the new Axiom Advisors and Keva company

Finland Finland — Keva and Axiom Advisors join forces in the newly establish company Selena. Tero Lehtonen, CEO of Axiom Advisors, tells Nordic Property News about the new company, what this means to Axiom Advisors and possible new doors that will be opening.

Slight change in major Nyhamnen plans

Sweden Sweden — The municipality wants to clarify the direction of the extensive urban development project Nyhamnen in central Malmö. A preferred size is now approximately 7,000 new homes and 12,000 jobs. Together with the Old Town, Nyhamnen will constitute Malmö's densest district.

Government land sales could result in 4,000 homes

Sweden Sweden — On Wednesday, Minister of Infrastructure and Housing Andreas Carlson received a report from coordinator Ingrid Eiken. The report outlines the need to divest state land for housing construction. "The availability of land is crucial to enabling housing construction", says the minister.

How Areim plans to grow following the giant’s entry

Sweden Sweden — The world’s third-largest pension fund by total assets, South Korea’s National Pension Service (NPS), is joining Areim as a minority shareholder and strategic partner. Following this entry, Areim’s founder, Leif Andersson, explains the significance of the new ownership, the opportunities it may unlock, and the company’s growth plans.

“We have gone from being a company in crisis”

Sweden Sweden — Doxa’s CEO, Christian Lindgren, has had a challenging first year in his role and makes no secret of the fact that Doxa was a company in crisis. However, after numerous divestments, change is now on the horizon, with the company preparing for a transformation that will include acquisitions.

New focus for Nivika: “A natural step for us”

Sweden Sweden — Nivika is updating its financial targets to emphasize cash flow and earnings per share. CEO Sverker Källgården explains the changes, how the work will be affected, and how the company already measures up against the updated objectives.

Green light for the redevelopment of Swedish powerhouse’s former factory

Sweden Sweden — SKF’s former industrial site will be transformed into a mixed-use district with 700 residences, a preschool, retail, and office spaces. The zoning plan is now ready for adoption.

Jernhusen's Head of Security: "We are not able to reach the top"

Sweden Sweden — Michael Englund, Head of Security at Jernhusen, on the gang violence in the construction- and property industry and what the companies can do.

Corem’s major selling spree – divestments for EUR 2,167 million

Nordic — Last week, Corem announced the sale of 14 properties to Areim for SEK 1.2 billion. The transaction marked the next step in the company’s extensive divestment journey, which has been ongoing since 2021. Nordic Property News has taken a closer look at the company’s disposals – and how the stock market has responded to these transactions.

Swedish real estate profil one step closer to prestigious project

Sweden Sweden — Following its review, the City of Gothenburg’s Exploitation Administration has concluded that Ola Serneke’s new company possesses the financial capacity to carry out the Cirkustomten project in central Gothenburg. This development brings the company one step closer to securing the transfer of the land allocation for the project. Nordic Property News can also reveal which external financier is backing Ola Serneke in the initiative.

Requirements for the next Colliers CEO

Sweden Sweden — Next year a new CEO in Sweden will take place at Colliers. Bård Bjølgerud, CEO Colliers Nordics, on when they expect to have a successor to Joakim Arvius on board.

Colliers makes change in CEO – Joakim Arvius transitions to new role

Sweden Sweden — After three years as CEO of Colliers in Sweden, Joakim Arvius is returning to the role he enjoys most – as a dealmaker within Capital Markets. In an interview with Nordic Property News, he discusses the shift, the creation of his new role, the recruitment of his successor, Colliers’ current position and continued development in Sweden, as well as his outlook on the transactions market.

Corem open to further divestments

Nordic — On Tuesday, Corem announced the sale of a property portfolio worth SEK 1.2 billion to Areim. The company’s Head of Transactions, Peeter Kinnunen, does not rule out further divestments.

Stenhus' CEO on the public tender offer for Backaheden

Sweden Sweden — Stenhus Fastigheter's CEO Elias Georgiadis: "This creates added value for us."

Nordisk Renting looks to increase exposure toward data centers

Sweden Sweden — Nordisk Renting recently made a new data center acquisition. After the deal in Stockholm, the company's Head of Origination, Jakob Persson, tells Nordic Property News about the acquisition, how they want to continue growing in the segment and how they see the future of data centers.

Areim takes large step within light industrial: "Very strong underlying fundamentals"

Nordic — Through a major acquisition from Corem, Areim is significantly expanding its light industrial portfolio. Following the transaction, Kristoffer Ultenius, Investment Director at Areim, discusses the deal, the current status of the portfolio, the company’s growth ambitions within the segment, and where they are seeking new opportunities.

Continued discounts among the real estate company shares

Sweden Sweden — Nordic Property News has reviewed the companies’ net asset values to identify which are currently trading at a discount and which are trading at a premium on the stock exchange.