July marks third-strongest transaction month since 2023

Nordic — In July, 26 transactions totaling nearly SEK 21 billion were completed in the Swedish market, making it the third-strongest month in terms of volume since 2023, according to Colliers.
Kalasatama Health and Well-being Centre.

VVT makes large acquisition from Deka

Finland Finland — Kalasatama Health and Well-being Centre aquired by VVT for EUR 100 million.
Vesa Kiviluoto.

Vesa Kiviluoto joins Catella Finland as Head of Valuation & Consulting

Finland Finland — Catella has appointed Vesa Kiviluoto as new Head of Valuation & Consulting services after Arja Lehtonen retires.
Veidekke builds homes for Obos in Ålesund.

Veidekke builds homes for Obos in Ålesund

Norway Norway — Veidekke has been commissioned by OBOS Nordvest Utbygging AS to construct the Vindgårdsvingen project with 43 specially adapted apartments at Moa in Ålesund. The turnkey contract is worth NOK 116 million excluding VAT.
CapMan Real Estate invests in a residential asset in central Helsinki.

Capman Real Estate invests in a residential asset in central Helsinki

Finland Finland — Capman Real Estate acquires a high-quality residential asset located in Katajanokka, one of the most prestigious residential areas in central Helsinki. The asset was completed in 2017, comprising modern rental apartments which will be managed under Capman’s residential concept, Leona.
Ulrika Lindmark.

Newsec: “The risk appetite is increasing”

Sweden Sweden — The transaction market is reawakening – and according to Ulrika Lindmark of Newsec, Sweden is now close to reaching its historically typical transaction volumes. Risk appetite is rising, particularly in the residential sector, where interest extends not only to new developments but also to offices outside Stockholm’s CBD. The future of the office remains in flux, with many tenants only now realising the long-term importance of physical offices for sustainable operations.
Veidekke to build Västlänken subproject in Gothenburg.

Veidekke to build Västlänken subproject in Gothenburg

Sweden Sweden — Veidekke has been commissioned by the Swedish Transport Administration to build the Stora Hamnkanalen tunnel, a part of the West Link Project in central Gothenburg. The contract value was estimated at SEK 280 million as at the start of the procurement process, before completion of the design.
Rutger Arnhult.

Rutger Arnhult surpasses 20 percent ownership in Logistea

Sweden Sweden — Rutger Arnhult continues to increase his stake in Logistea. Following new acquisitions, his ownership in the company has now surpassed 20 percent of the share capital, reports Finwire.
David Carlsson, CEO of Diös, and Andreas Wahlén, CEO of NP3.

New dawn for "Sweden's Klondike" following Lyten's acquisition of Northvolt

Sweden Sweden — Lyten’s acquisition of Northvolt’s bankruptcy estate is giving fresh momentum to Skellefteå. Nordic Property News reached out to two of the largest privately owned property companies in the region, Diös and NP3, for their reactions to the news. Andreas Wahlén, CEO of NP3, and David Carlsson, CEO of Diös, share their respective views on the significance of the deal for Skellefteå and how it will influence their own plans in the city going forward.
Erik Selin, CEO of Balder.

The two market Balder keeps an extra eye on

Nordic — After two decades of growth, Balder looks ahead with continued earnings improvements, stable cash flows, and increased activity in the transaction market. CEO Erik Selin foresees strengthened earning capacity and a strategy based on numerous smaller deals rather than large-scale acquisitions. Two markets, in particular, are of special interest.
Michael Brichmann, Partner & COO at Thylander.

Thylander makes new residential acquisition

Denmark Denmark — Thylander acquires Skovlunde Byhave, just west of Copenhagen.
Nils Styf, CEO of Hemsö.

”Business as usual in a world far from business as usual”

Nordic — Further growth on the horizon for Hemsö and CEO Nils Styf.
Ilija Batljan, CIO, and André Gaden, CEO, of PPI.

PPI acquires a care property in Helsinki

Finland Finland — Public Property Invest (PPI) has agreed to acquire a high-quality care property in Haaga, Helsinki, for EUR 14.8 million.
YIT.

YIT continues collaboration with XTX Markets in Kajaani

Finland Finland — YIT and XTX Markets have signed a new agreement to begin construction of a second data center in Kajaani, Finland, as part of the algorithmic trading firm’s large data center complex. The project includes delivering the shell and core of the new facility, further strengthening Kajaani’s position as a growing data center ecosystem. The parties have agreed not to disclose the value of the agreement.
Veidekke builds sports arena in Bergen.

Veidekke builds sports arena in Bergen

Norway Norway — Veidekke has been commissioned to build the multi-purpose facility Bjarg Arena in Fana in Bergen. The assignment for the Bjarg Sports Club is a turnkey contract worth NOK 116 million excl. VAT.
Daniel Kjørberg Siraj, CEO of Obos.

Obos CEO: "Collaboration must be lived, not just talked about"

Nordic — Collaboration has an important role to play in a changing society. This is according to Daniel Kjörberg Siraj, CEO of Obos, who highlights the Stadsljus project as an example. The company's collaboration with the builder Skanska has only had positive effects: “Higher profitability, smoother construction process with fewer conflicts and less friction,” the CEO tells Nordic Property News.
Annica Ånäs, CEO of Atrium Ljungberg.

Annica Ånäs thinks the turnaround is still some way off

Nordic — Offices, one of Atrium Ljungberg's largest segments, are wobbling and tottering. The willingness to invest from abroad is weaker. But for Annica Ånäs, CEO of Atrium Ljungberg, faith in the future is sprouting – even if the light is a bit far away: – I think we have to wait until after the New Year. But then things will turn around, she tells Nordic Property News.
YIT is launching a self-developed housing project with 35 apartments.

YIT is launching a self-developed housing project with 35 apartments

Finland Finland — YIT is starting the construction of a self-developed apartment building project called Asunto Oy Keravan Tähkiö in the center of Kerava. The seven-storey residential building will have 35 homes. The value of the project is just under EUR 10 million. Construction will begin in August and the building is scheduled for completion during summer 2026.
Tokmanni’s store network in Southwest Finland will be complemented by two new locations. The Tokmanni stores in Naantali and Kemiönsaari will open in renovated retail spaces later this year.

Tokmanni opens a new store in Naantali

Finland Finland — Tokmanni has agreed on a long-term lease for approximately 2,500 square meters of retail space at Venekuja 5 in Naantali. The new Tokmanni store is expected to open in these premises around November 2025.
John Fredriksen increases his ownership in Fabege.

John Fredriksen increases his ownership in Fabege

Sweden Sweden — The Norwegian-Cypriot businessman John Fredriksen continues to strengthen his position at the top after purchasing stocks for SEK 1,6 million in July.
Norwegian billionaire increases holdings in JM and Bonava.

Norwegian billionaire increases holdings in JM and Bonava

Sweden Sweden — Norwegian billionaire Frederik Mohn has increased his holdings in housing developers Bonava and JM during July.
Skanska builds nursing home in Oslo for NOK 578 million

Skanska builds nursing home in Oslo for NOK 578 million

Norway Norway — Skanska has signed a contract with The Norwegian Diakonhjem to build a new nursing home in Oslo, Norway. The contract is worth NOK 578M, about SEK 545M, which will be included in the Nordic order bookings for the third quarter 2025.
House of Dagmar opens permanent store in Bibliotekstan.

House of Dagmar opens permanent store in Bibliotekstan

Sweden Sweden — Following a successful pop-up venture at Smålandsgatan 20, Swedish fashion brand House of Dagmar is now taking the next step in its strategic expansion. The brand is strengthening its presence in Bibliotekstan by establishing a permanent flagship store at Biblioteksgatan 12. Property owner is Hufvudstaden.
These are the winners and losers in the nordic stock market during July 2025.

Winners and losers on the stock market in July

Nordic — July was mostly a month in the red with few bright spots for the Nordic listed real estate companies. Nordic Property News has the list of how the companies performed on the stock exchange during the seventh month of the year.
Ulrika Hallengren, CEO, and Arvid Liepe, Chief Financial Officer & Vice President of Wihlborgs.

Wihlborgs: “Copenhagen works very well for us”

Nordic — Wihlborgs has delivered an interim report that shows several record figures. Rental income rose by six percent, operating surplus increased by six percent and property management profit increased by 14 percent. Ulrika Hallengren, CEO, and Arvid Liepe, Deputy CEO, look forward to an autumn where Copenhagen and Öresund will once again receive major focus.