KLP Eiendom buys Selvaag Utleiebolig.

Selvaag sells Selvaag Utleiebolig to KLP – the largest rental housing transaction ever in Norway

Norway Norway — Selvaag AS has sold the rental portfolio owned by Selvaag Utleiebolig, including all underlying companies, to KLP. The portfolio consists of 17 projects with approx. 1,000 modern apartments in attractive locations across Greater Oslo and Bergen. The total property value is NOK 3.3 billion, including Mathildetunet in Lørenskog, which will be completed before year-end. This is the largest rental housing (multifamily) transaction ever in Norway.
Catena makes new acquisition in Denmark.

Catena acquires logistics facility in Copenhagen

Denmark Denmark — Catena has signed an agreement with PFA Real Estate to acquire a facility in Brøndby, Greater Copenhagen, for approximately DKK 285 million (EUR 38 million). Postnord is the tenant at the property.
Daniel Gorosch and Theodor Jarnhammar.

Catella appoints Daniel Gorosch to Head of Corporate Finance Europe

Sweden Sweden — Catella have appointed current interim CEO Daniel Gorosch as Head of Corporate Finance Europe following the announcement that Rikke Lykke will take up the position as permanent Group CEO on August 15.
Cecilia Marholm.

CBRE IM recruits from Blackstone's Mileway

Nordic — CBRE IM strengthens its logistics team with recruitment from Blackstone’s Mileway.
Rickard Langerfors, CEO of Klövern, in front of their major project with Kista Square Garden. The image is a montage.

Klövern's ambitions for the office conversion niche

Sweden Sweden — Klövern is already working on a gigantic project where they are converting an office into a residential building. Now they have added another project to their portfolio and CEO Rickard Langerfors explains how they want to continue developing in that niche.
The property Mimer 1 in Borlänge.

Diös sells to Nordiqus

Sweden Sweden — Diös has sold the property Mimer 1 in Borlänge, comprising 13,300 sqm. The buyer is Nordiqus, with transfer of ownership scheduled for June 30, 2025.
Maryrose David.

CBRE Recruits Maryrose David as Head of Research, Sweden

Sweden Sweden — CBRE announced that Maryrose David will join the company as Head of Research, CBRE Sweden.

The companies' with the lowest ICRs

Nordic — Nordic Property News has comprised a list of the companies with the lowest interest-cover-ratios among the listed Nordic real estate companies.
Simon Qvilldal and Adam Wilson.

New company launched to target hot segment: "There is a gap to fill"

Sweden Sweden — A new player is stepping onto the scene to challenge the thriving warehouse and light industrial segment. In partnership with Alma Property Partners, Optuna aims to rapidly build a portfolio in Greater Gothenburg. Founders Adam Wilson and Simon Qvilldal tell Nordic Property News about their ambitions and strategic goals, where they are looking for acquisitions, which price ranges they are targeting, and how they plan to distinguish themselves from existing players.
Jensen Huang, founder and CEO of Nvidia.

Swedish business consortium to build AI Factory with Nvidia

Sweden Sweden — A Swedish business consortium and Nvidia unveiled plans to build new AI infrastructure with Nvidia accelerated computing, networking and software in Sweden to transform and prepare the country’s leading industries for the age of AI.

Here are the industry's highest LTVs

Nordic — Nordic Property News has taken a closer look at which listed companies had the highest loan-to-value ratios at the end of the first quarter of 2025.
Rikard Henriksson, Managing Partner at Niam.

"Signs of increased activity and a more balanced pricing environment"

Sweden Sweden — Niam has received strong validation for its value-creation strategy through the sale of the Bernstorp retail area to Svenska Handelsfastigheter. Following the transaction, Rikard Henriksson, Managing Partner at Niam, shares his thoughts on future divestment opportunities, the retail segment outlook, preferred investment locations, and the state of the transaction market.
Christina Hambäck.

Christina Hambäck steps down as CEO of Qarlbo Property

Sweden Sweden — Christina Hambäck is stepping down from her role as CEO of Qarlbo Property, as the company shifts its focus from acquisitions to real estate development.
Klövern acquires from Vincero.

Klövern acquires two office properties in Stockholm

Sweden Sweden — Klövern has acquired two commercial properties in Örnsberg, southwest Stockholm, with potential development rights for approximately 270 residential units. The seller is Vincero Fastigheter. The properties are scheduled for transfer on June 2, 2025, at which point Klövern will assume management responsibilities.
The Hugin block in Uppsala.

Vasakronan sells to JM

Sweden Sweden — Vasakronan has sold part of the Hugin block (Kungsängen 16:6), including development rights for approximately 400 residential units. The buyer is JM, and the transaction amounts to SEK 475 million.
Nordic Property News presents the listed property companies' rental income.

They increased their rental income the most during Q1

Nordic — Nordic Property News has taken a closer look at how the listed companies' rental income changed during the first quarter compared to the corresponding period last year. Here is the full list.
Ilkka Tomperi.

The development of the various Nordic residential markets

Nordic — Capman has launched the new rental housing concept Leona. Ilkka Tomperi, COO and Partner at Capman, tells Nordic Property News about the launch of Leona, Capman’s plans for the residential segment and shares his view of the housing markets in the different Nordic countries.
Castellum builds in Burlöv.

Castellum to build 22,000-sqm warehouse and logistics facility in Malmö

Sweden Sweden — Castellum has begun the development of a modern, energy-efficient warehouse and logistics facility in the Sunnanå district of Burlöv Municipality just outside Malmö.

New acting CEO appointed at Fastator

Sweden Sweden — The Board of Directors of Fastator has appointed Jonas Sundin as Acting Chief Executive Officer.
Charlotta Wallman Hörlin, CEO of Intea.

Intea raises nearly SEK 1.1 billion through Directed Share Issue

Sweden Sweden — Intea Fastigheter has carried out a directed share issue of SEK 1,056 million before transaction costs.
Dan T. Sehlberg.

Sehlhall's prospects as Nrep invests and becomes new part-owner

Sweden Sweden — Sweden faces an urgent need for more and better elderly care. With Nrep now joining as a co-owner, Sehlhall is preparing to take the lead in addressing this challenge. Dan T. Sehlberg, CEO and founder, tells Nordic Property News about the opportunities created by Nrep’s entry, the synergy between the companies, the goals for expansion, and why they are choosing not to acquire existing buildings – along with the company’s plans for a potential IPO.
There is a difference of almost 14 percentage points between the companies with the highest and lowest economic occupancy rates.

The companies with the best occupancy rates

Nordic — The decline in occupancy rates during the recession has been particularly noticeable for property owners in the office segment, which has been sliding downwards for a number of quarters. Nordic Property News has taken a closer look at how well the companies are preforming with their occupancy rate.
ABG Fastena expands its portfolio with a new asset.

ABG Fastena acquires property in Mariestad

Sweden Sweden — ABG Fastena has acquired the Betslet 4 property in Mariestad from Kommanditbolaget Utmålet 7. The property is fully leased to Coop, Dollarstore, ÖoB, and Mekonomen. The leasable area totals 7,900 square meters, and the plot spans 28,300 square meters. Possession will be taken on June 2.
Kungsbrohuset.

DLL relocates its Swedish HQ to Kungsbrohuset

Sweden Sweden — Newsec, on behalf of Folksam, has signed a new lease agreement with De Lage Landen Finans (DLL), which is relocating its Swedish headquarters to Kungsbrohuset in central Stockholm. The lease covers approximately 1,500 square meters of office space, with move-in planned for December 2025.
Jan Björk.

Trophi completes retail property in Muurame

Finland Finland — Trophi has completed a new, modern retail property for Finland’s largest grocery chain, the S Group, in Muurame.