Joacim Sjöberg, CEO of Castellum.

Castellum CEO: “I’m disappointed”

Nordic — Optimistically, there is faith in the market and the opportunities for acquisitions and project starts now. At the same time, there is disappointment and Castellum's CEO, Joacim Sjöberg, is clearly dissatisfied. The rental market is described as tough, and the company is affected by major terminated leases and bankruptcies. The battery manufacturer Northvolt is in focus when he presents the first quarter.
TOP 4 Nordic
Nordic Nordic —
The largest owners in the listed companies
Tom Hagen, Deputy CEO at Prisma Properties.
Nordic Nordic —
Prisma Properties’ growth plans for 2026
Christian Fredrixon.
Nordic Nordic —
Christian Fredrixon’s future plans after the Cibus exit
Pål Ahlsén, CEO at Castellum.
Nordic Nordic —
Castellum ready to increase transaction pace
Carl-Adam von Schéele.

The targets for Nrep's new venture with Sehlhall

Sweden Sweden — A major initiative in the healthcare and social care property sector has been launched, where Sehlhall, with Nrep as a co-owner, will develop properties worth SEK 8 billion over the next five years. Carl-Adam von Schéele, Head of Sweden at Nrep, tells Nordic Property News about the investment in Sehlhall, the company’s strategic goals after the investment, and his view on market trends in the healthcare and care property segment.

Turun Osuuskauppa acquires the remaining stake in the shopping centre Mylly

Finland Finland — Turun Osuuskauppa and SOK have agreed on a share transaction whereby Turun Osuuskauppa will acquire full ownership of Shopping Centre Mylly, located in Raisio. Kauppakeskus Mylly Oy was founded in 2001 by SOK and Turun Osuuskauppa. Until now, both parties have held equal ownership of the company, but following this transaction, SOK will relinquish its entire ownership stake.
The properties Näverluren 1 and 2.

Swiss Life sells two in Sweden

Sweden Sweden — Croisette has acted as advisor to Hammarviken Fastigheter AB in connection with an acquisition in Mölndal from Swiss Life Asset Managers. The transaction concerns two modern light industrial and retail properties located in the Eklanda area of Mölndal.
Stendörren signs a new lease with the Municipality of Stockholm for a property in Spånga.

Stendörren signs new lease in Spånga

Sweden Sweden — Stendörren signs five-year lease agreement for 1,700 sqm with the Stockholm Municipality in Spånga.
Johan Knaust, CEO of K2A.

Future confidence for K2A: "Seeing increasing demand for rental apartments"

Sweden Sweden — For the first time since 2022, K2A can show a positive result after tax. The company can thus be said to be receiving dividends for all the hard work that has been put into the organization in recent years. – It is proof that we have made the right strategic choices in recent years. It is teamwork that is behind it, says CEO Johan Knaust.
Cecilia Fasth.

Stena Fastigheter's future growth plans after the acquisition of Källfelt

Sweden Sweden — Stena Fastigheter expands significantly through the acquisition of Källfelt Byggnads AB. CEO Cecilia Fasth tells Nordic Property News about the acquisition, the newly added property portfolio, and Stena Fastigheter’s growth plans.
Anders Borg, Carl-Adam von Schéele and Dan T. Sehlberg.

Nrep invests in Swedish care home developer Sehlhall

Sweden Sweden — Nrep has, through its NSF V fund, entered into a strategic partnership with Swedish care home developer Sehlhall Fastigheter. The new venture has an ambition to become Sweden’s leading later living developer and manager, with a significant identified pipeline.
Anna Hallsten.

Nordisk Renting acquires in Tampere

Finland Finland — The City of Tampere has chosen Nordisk Renting to acquire the modern Tipotie Social- and Healthcare Centre, fully let to the Wellbeing Services County of Pirkanmaa (Pirha) with a 20-year lease.
Werket in Jönköping.

Castellum signs lease for 7,700 sqm with the Swedish Police Authority

Sweden Sweden — Castellum has signed a six-year lease with the Swedish Police Authority, which is thereby expanding its collaboration with Castellum and establishing operations in the award-winning Werket property in central Jönköping. In conjunction with occupancy, Castellum will construct a 2,200 sqm extension.
Jacob Karlsson, CEO K-Fastigheter.

Jacob Karlsson on 2025: "Looking forward to many things"

Sweden Sweden — After a 2024 with large divestments, K-Fastigheter and Jacob Karlsson are looking forward to great opportunities to buy building rights at attractive levels. At the same time, the company will divest if it becomes possible to generate a better return on capital by reinvesting the released cash. – Divestments in favor of a strengthened balance sheet and investment in new projects are something to be expected, says Jacob Karlsson.
Alexander Simon and Blackstone continues to keep an eye on the Nordic markets.

Blackstone's preferred segments in the Nordics

Nordic — Blackstone continues to keep a close eye on the Nordics and is ready to deploy capital into the region. Alexander Simon, Managing Director, shares his view on the Nordic markets and what segments Blackstone is focused on.
Copenhagen Business Park.

Calum buys Copenhagen Business Park

Denmark Denmark — Calum acquires Copenhagen Business Park in Hvidovre from Niam.
Cecilia Fasth.

Stena Fastigheter acquires Källfelt Byggnads AB

Sweden Sweden — Stena Fastigheter is continuing its expansion in both Gothenburg and Stockholm through the acquisition of Källfelt Byggnads AB. The acquisition includes a total of 1,350 residential units and 68,000 square meters of commercial space. With this transaction, Stena Fastigheter’s portfolio grows to 29,000 residential units.
Mikael Lundström.

Mikael Lundström to step down as CEO of Svefa

Sweden Sweden — Mikael Lundström, who has served as CEO of Svefa for the past 13 years, intends to step down from his position in the summer of 2026. The search for a successor has begun.
Wihlborgs' CEO Ulrika Hallengren in front of one of the properties acquired from Granitor. The image is a montage.

Wihlborgs CEO: "We will act when the time is right"

Nordic — Wihlborgs continues to break records with a positive net leasing. At the same time, the rental rate is decreasing, and one market in particular is facing challenges. She is confident that these challenges can be reversed despite a turbulent environment. Even in this situation, CEO Ulrika Hallengren believes that the company still has good opportunities.
These are the winners and losers in the nordic stock market during April 2025.

Winners and losers on the stock market in April

Nordic — April represented a turnaround for most of the Nordic listed real estate companies on the stock market. One company rose almost 50 percent during the month. Here Nordic Property News presents the full list of how the companies performed during the fourth month of the year.
David Mindus, CEO of Sagax.

Sagax invests in France and Benelux

Sweden Sweden — Sagax makes European acquisitions for SEK 570 million (EUR 52 million).
Kaktus Towers in Copenhagen.

Catella enters into agreement to divest Kaktus Towers in Copenhagen

Denmark Denmark — Catella has signed an agreement to divest Kaktus Towers in central Copenhagen. Quantum has acquired the asset on behalf of an institutional investor. The transaction is based on an underlying property value of SEK 2.1 billion (EUR 191 million).
Christrian Fladeland, Co-CEO of Heimstaden.

Heimstaden Bostad divests youth housing property in Copenhagen

Denmark Denmark — Heimstaden Bostad has successfully divested the youth housing property “Akeleje Hus” in Copenhagen, Denmark. Closing of the deal was completed on 30 April 2025. Akeleje Hus is a 17-storey landmark comprising 189 residential units, situated in the emerging district of Valby, Copenhagen.
Castellums project Infinity in the Hagastaden area in Stockholm.

Largest upcoming projects in Stockholm

Sweden Sweden — Construction starts have increased slightly, while many have been hesitant to start projects for several years. Nordic Property News has mapped out which projects are in the pipeline in Sweden's three largest cities.
Henrik Bastman.

Strong growth focus for Storebrand Fastigheter

Sweden Sweden — In May, Storebrand Fastigheter will appoint a new CEO as Marita Loft retires and is succeeded by Henrik Bastman, currently a portfolio manager within the company. Henrik Bastman shares his thoughts on the new role, the company’s key priorities moving forward, and where the most promising investment opportunities lie.
Hines makes acquisition in Kista from Magnolia Bostad.

Hines makes first residential investment in Sweden

Sweden Sweden — Hines, a global real estate investor, developer and manager has acquired its first residential asset in Sweden, signing a forward funding agreement with Magnolia Bostad, one of the largest Swedish residential developers, to deliver 310 residential for rent apartments in Kista, Stockholm.
Jacob Karlsson and Jan Persson.

K-Fastigheter divests to JV with Kilenkrysset

Sweden Sweden — K-Fastigheter and Kilenkrysset are expanding their cooperation with a new transaction. K-Fast Kilen AB, which is owned 51 percent by K-Fastigheter and 49 percent by Kilenkrysset, is acquiring a property portfolio in the municipalities of Gävle and Uppsala from K-Fastigheter. The transaction concerns residential properties that K-Fastigheter has under management, construction and planning in Gävle and under management in Storvreta outside Uppsala.

Sampension and AKF acquire hotel property in the Nordhavn area of Copenhagen.

Denmark Denmark — One of the Copenhagen’s most prominent hotel properties is changing hands. As of May 1st, Sampension and AKF will take over the property that is housing Comwell Copenhagen Portside Dolce by Wyndham from AP Ejendomme and Keva. The transaction is among the largest and most notable real estate deals in Denmark this year.