ARTICLES TAGGED WITH "Obos"

Obos top thinks the industry will have a hard time for a long time

Nordic — The Obos Group achieved a pre-tax profit of NOK 154 million in the first quarter of 2025, a 57 percent decrease in profit, which is believed to be mainly due to changes in the value of investment properties and financial instruments. The company's CEO and President, Daniel Kjørberg Siraj, still believes that Obos is performing better than expected.

Art-Invest Real Estate acquires in Stockholm County

Sweden Sweden — Art-Invest Real Estate has acquired three new-build residential properties in Sweden’s largest ongoing urban development Barkarbystaden from Åke Sundvall and Obos. The acquisition was made on behalf of one of Art-Invest Real Estate’s institutional investment funds.

Veidekke to build Nordic Ecolabel homes in Stockholm for OBOS

Sweden Sweden — Veidekke has been commissioned by OBOS Nya Hem to build new apartments and rowhouses at Träkvista torg on Ekerö near Stockholm. The design and build contract is valued at approximately SEK 119 million. The Brf Aroma project is expected to be ready for occupancy in spring 2027.

Genova sells building rights to Obos

Sweden Sweden — Genova has entered into an agreement to divest two properties with newly created residential building rights, with an estimated volume of approximately 15,400 square meters. The buyer is Obos. The transaction includes the properties Instrumentet 2 and Örnsberg 2 in Örnsberg, Stockholm, which are currently leased for school activities.

The industry on the future demand for saunas

Nordic — After Finnish comedy group KAJ won big with the song "Bara bada bastu"(Just take a sauna) in the Swedish Melodifestivalen a little more than a week ago, Nordic Property News asked the question – will more people want to take a sauna now and let the sweat swirl? Will it affect what is demanded in newly produced residential and to what extent are companies working with offering a sauna today? Six companies in the industry answer this question.

Now the landmark is to be built: "Early cooperation with entrepreneurs is the best form"

Nordic — On Friday, Obos and Skanska presented a collaboration agreement for the first phase of the construction of a 30-storey residential building in Norra Djurgårdsstaden in Stockholm, marking the beginning of the planning and design of the housing project. Nordic Property News had an interview with the CEO of Obo's Nya Hem, Sofia Ljungdahl, about Stadsljus, as the new landmark will be called, and about the advantages of working together with Skanska.

Obos: "Housing development is performing significantly worse than last year”

Nordic — Obos reported a profit before tax of approximately EUR 77.25 million in the second quarter of 2024, compared to EUR 106.91 million in the same period last year. The result for the first half of the year landed at EUR 74.46 million, compared to EUR 140.14 million last year.

Sofia Ljungdahl: "We have to build more flexibly"

Nordic — How has the Sweden venture gone for Norwegian Obos so far? Is the team in place and the direction set? Nordic Property News has met Sofia Ljungdahl, CEO of Obo's Nya Hem, and talked about everything from building right portfolios to football.

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.

Veidekke builds 264 homes for Obos in Oslo

Norway Norway — Veidekke has been commissioned by Obos to build the Ulvenplassen project at Ulven in Oslo with 264 homes, apartments for the elderly and commercial premises. The contract is a design and build contract valued at NOK 597 million (EUR 51.5 million) excluding VAT.

First aid for housing construction according to Obos' CEO

Sweden Sweden — Housing construction is said to have collapsed, purchasing power eroded and assets lost value. Construction costs and interest rates have risen, while there is a major housing shortage. But several companies and their managers have ideas about how to turn it all around. Obos' CEO Joakim Henriksson is one of them.

Obos' landmark takes on new momentum this autumn

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. For Nordic Property News, Anna Grinneby, project development manager at Obos, talks about how the company continues to work on the extensive project and what lies ahead later this autumn.

Obos' CEO: "The market is not completely dark – but demanding"

Nordic — We have more tools and greater flexibility than most," says Obos CEO Daniel Kjørberg Siraj to Nordic Property News after the second quarterly report. The company reported a profit before tax in the second quarter of SEK 1,218 million, an increase from SEK 542 million from the year before. However, housing sales have more than halved.

Pre-purchased Homes Can Become a Problem for Housing Developers

Nordic — The housing developers suffer greatly from the pending purchase willingness of households when it comes to new construction housing. It is difficult to raise the level of pre-purchased homes, although most people believe that there are still few unsold apartments at completion. But for those who signed up for pre-sale, the situation now looks radically different, where there are now reports that the buyers are trying to pull out of sale. Nordic Property News has taken a closer look at how big the exposure is for the companies with their homes that are under production.

Skanska Invests in Residential with Obos

Norway Norway — Skanska invests a net of NOK 318M in residential projects with Obos in Oslo and Bærum.

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.

Obos' CEO: "You Have to Accelerate as Well"

Norway Norway — The Norwegian publication Boligproduserene recently published a top list of the nine players who started construction of the most homes in Norway in 2022. Obos ended up at the top. CEO Daniel Kjørberg Siraj tells Nordic Property News about the continued investments in Norway and why parts of the Swedish operation have had to notify more employees of lay offs than the Norwegian one recently.

Obos Becomes Major Owner in NCC

Nordic — Norwegian Obos acquires 6.5 percent of the capital and 23.1 percent of the votes in NCC from Nordstjernan.

JM and Obos to Create Residential JV – Acquires Property

Sweden Sweden — Through a 50-50 joint venture with OBOS Nya Hem AB, JM has aquired a property in Lund, which in a future detailed plan is assessed to allow for the development of commercial premises and approximately 2,500 residential units. The acquisition amounts in total to SEK 725 million.

Klarabo and Obos Win Land Allocation to Create a New Block in Malmö

Sweden Sweden — The proposal from Klarabo and Obos, Boostad, has won a land allocation from the municipality of Malmö and will work together to build “Öster om mässan,” an entirely new block in Hyllie.

After the Record-Breaking Year: Obos’ Residential Targets for 2022

Norway Norway — Daniel Kjørberg Siraj, CEO of the residential developer Obos, on the great performance in 2021, the challenges on the residential markets in Norway and Sweden, and how the pandemic has affected the business.

Why Obos and SBB Make a Perfect JV Match

Norway Norway — Daniel Kjørberg Siraj, CEO of residential developer Obos, on the collaboration with Ilija Batljan and SBB, the interest in Solon Eiendom’s portfolio, and a summation of the investment operations during 2021.

SBB Sells its Shares in Solon Eiendom to a JV Owned by SBB and Obos

Norway Norway — SBB has sold its shares in Solon Eiendom to a company jointly owned by SBB and Obos. The share price in the transaction has been set at NOK 44, which gives SBB NOK 1.6 billion in net cash consideration.

Veidekke Gets Residential Assignment from Obos

Norway Norway — Obos has awarded Veidekke the contract to also build the third stage of the Teieparken residential project in Tønsberg. This involves the construction of 167 environmentally certified homes in four stages of construction that will be initiated as sales progress.

Skanska to Build Residential Units for Obos

Norway Norway — Skanska has signed an agreement with Obos to build 121 apartments in, Norway. The contract is worth approximately NOK 480 million, about SEK 475 million, which will be included in the Nordic order bookings for the third quarter of 2021.