The Swedish Financial Supervisory Authority issues a warning to the authority.

Criticism against the authority for investments in Heimstaden Bostad

Sweden Sweden — The Swedish Financial Supervisory Authority (FI) issues a warning to the Swedish Pensions Authority for lack of risk control when investing in Heimstaden Bostad AB.
Maryrose David.

Savills' Head of Research: "Imbalance in the market"

Sweden Sweden — The market is polarized and Savills Sweden's Head of Research Maryrose David gives her view on which segments will be in demand in 2025, how office tenants view their office needs and what is in demand in the logistics market. She also offers her analysis of how investors view the market and a possible reason why international players have had difficulties to invest in the Swedish market in 2024.

One of Europe’s largest data centers will be built in Norway

Norway Norway — Coreweave will build large AI data center in Norway.
Håndværkskollegiet.

Danish winner at Mipim awards

Denmark Denmark — Håndværkskollegiet (The Crafts College) was awards Best Cultural, Sports & Education Project at this year's Mipim Awards.
Fredrik Bergenstråhle.

"Afa Fastigheter has a very good portfolio"

Sweden Sweden — After 17 years at Skanska, Fredrik Bergenstråhle is taking a new step in his career. Starting this summer, he will become the new CEO of Afa Fastigheter. He tells Nordic Property News his thoughts on the transition, Afa Fastigheter's status, and his remaining time at Skanska.
Robert Björk in front of Campus Falun. The image is a montage.

Why data centers remain a darling among investors

Nordic — Areim raises an additional SEK 5 billion for its data center investment. Robert Björk, Fund Manager at Areim DC Fund, tells Nordic Property News the company’s plans for the market, the strong interest from investors, and the projects being developed in Dalarna.
From December, Grand Tromsø will be called Quality Hotel Grand Tromsø and become part of Strawberry.

Strawberry takes over Grand Tromsø

Norway Norway — Strawberry strengthens its team in Tromsø with Scandic Grand Tromsø, which will be the sixth hotel in the Arctic city for the hotel company.
David Carlsson and Andreas Wahlén, CEOs of Diös and NP3.

"Liquidity in the property market in Skellefteå is not getting better"

Sweden Sweden — The bankruptcy of Northvolt has the potential to cause ripples in northern Sweden. Nordic Property News turned to two of the largest private real estate companies in the region, Diös and NP3, to get their reactions on how it could affect them and the real estate market going forward.
Lund International School.

Hemsö develops new international primary school

Sweden Sweden — Hemsö has entered into a 20-year lease agreement with Lund International School for a new primary school with space for 450 students and a lettable area of ​​5.100 square meters.
One of the Rusta stores in Sweden.

Historically large expansion awaits retail company

Nordic — Retail company Rusta's pipeline of new department stores has increased to 44. The growing number of contracts is now starting to affect the pace of openings, and Rusta will open four new department stores in March, followed by two more in April.
Nordic Property News lists the biggest buyers after the fourth quarter of 2024.

The largest buyers in 2024

Nordic — After an autumn with fairly low transaction activity, some large deals finally broke through during the fourth quarter of last year. Nordic Property News lists the purchase figures for the companies after the Q4 report.
Newsec CEO Max Barclay.

Newsec expands with Nordic office in London

Nordic — Newsec expands to London, strengthening Nordic-Baltic presence and global investment reach.
Copenhagen.

Schroders Capital successfully closes loan on residential complex in Greater Copenhagen

Denmark Denmark — Schroders Capital’s Private Debt & Credit Alternatives (PDCA) team announces the successful close of a mezzanine loan on a modern residential complex in Greater Copenhagen. The loan will be held in one of PDCA’s flexible, global, evergreen income funds.
The new Ruby hotel in Copenhagen is scheduled to open in the first quarter of 2027.

Ruby enters Denmark with its first hotel project in Copenhagen

Denmark Denmark — Ruby Group continues its expansion in Northern Europe and is now establishing itself in Denmark. In collaboration with long-term development partner ECE, Ruby is opening its first hotel in Copenhagen. Attractively located in the prestigious Frederiksberg district, the hotel will offer 219 rooms with a modern and stylish accommodation experience in one of the city’s most sought-after districts.
Northvolt had the ambition to establish Europe's largest factory for batteries.

Northvolt files for bankruptcy – these real estate companies are affected

Sweden Sweden — After an exhaustive attempt to investigate all available means to secure a viable financial and operational future for the company, the board of directors of Northvolt AB announces that it has filed for bankruptcy in Sweden. Nordic Property News has mapped out which real estate companies will be affected.
Nordic Property News  lists the biggest sellers of 2024.

They were the biggest sellers in 2024

Nordic — The listed companies largely kept a fairly low profile in 2023 when it comes to transactions. During the fourth and final quarter of last year, we were still able to see a number of deals that raised the numbers a bit. Nordic Property News has comprised a list of the largest sellers in 2024.
Cleantech Garden in Espoo.

NCC sells new community property project in Espoo

Finland Finland — NCC is selling the Cleantech Garden community property project in Espoo, Finland, which comprises approximately 13.750 square meters of leasable area for SEK 900 million, approximately EUR 80 million. The buyer is Suohki, a social infrastructure company in Finland, wholly owned by Infranode. The City of Espoo will become the largest tenant in the property with a new school.
Axiom Advisors advises institutional investors on their real estate assets.

Savills signs association agreement with Axiom Advisors

Finland Finland — International real estate advisor Savills has entered into an association with Axiom Advisors in Finland to support its continued expansion in the Nordics and more widely in Europe.
Willhem buys in Bandhagen, Stockholm.

Willhem expands in Stockholm with a EUR 115 million acquisition

Sweden Sweden — Willhem is now expanding its property portfolio in the Stockholm area further through the acquisition of 371 newly built apartments in Bandhagen, Stockholm. The agreed property value is SEK 1.290 million, EUR 115 million, and the seller is Nordiska Bostad.
Heléne Lidström, workplace strategist at Castellum.

Castellum on the future offices: "We need more chairs than butts"

Nordic — The future of work is in focus as the balance between remote work and office presence becomes more stabilized. At the same time, activity-based and flexible offices seem to have reached a plateau and there are challenges in how tenants think about the design of those offices.
Johan Nihlmark, Jessica Gräsberg and Rikard Lindkvist.

Colliers strengthens its offering within the hot segment: "See increased demand"

Sweden Sweden — With two prestigious hires, Colliers has laid a strong foundation for its leasing operations within the industrial and logistics sector. Jessica Gräsberg, Head of Leasing, tells Nordic Property News about the recruitments, the investment into the sector, and how she sees the industrial and logistics segments developing moving forward.
Mikael Nicander, Deputy CEO of Stenhus.

Stenhus' focus areas for 2025

Sweden Sweden — Stenhus updates its financial goals and plans to continue growing in the same areas and segments It already operates in. Deputy CEO Mikael Nicander shares his view on Stenhus' quarterly report and the near future.
Fredrik Bergenstråhle.

Fredrik Bergenstråhle appointed Head of Afa Fastigheter ...

Sweden Sweden — Fredrik Bergenstråhle will take over as the new Head of Afa Fastigheter in the summer of 2025, leaving his position at Skanska Fastigheter Stockholm AB, where he has served as CEO for the past seven years, responsible for Skanska's commercial properties in the Stockholm area.
Markus Dangré.

... And Markus Dangré takes over as new CEO of Skanska Fastigheter Stockholm

Sweden Sweden — Markus Dangré has been appointed as the new CEO of Skanska Fastigheter Stockholm and will be responsible for Skanska's commercial real estate development in the Stockholm area. He succeeds Fredrik Bergenstråhle, who has been appointed as the new Head of Afa Fastigheter.
Susanne Essehorn, Head of Market and Business at Specialfastigheter, and Caroline Reuterskiöld Wall, Acting Director General and Chief Legal Officer at the Swedish Fortifications Agency.

The Swedish Fortifications Agency buys properties for EUR 747 million from Specialfastigheter

Sweden Sweden — The Swedish Fortifications Agency acquires seven properties from Specialfastigheter for a value of SEK 8.2 billion (EUR 747 million) and a total area of 180,000 square meters. The deal includes, among other things, the Swedish Armed Forces Headquarters on Lidingövägen, the Swedish Defence Materiel Administration's (FMV) headquarters Tre Vapen at Gärdet in Stockholm, and the Swedish Defence Research Agency's (FOI) headquarters in Kista.