Jacob Mörndal, CEO of M2 Asset Management and Rutger Arnhult, owner of M2.

M2 becomes largest owner in Logistea

Sweden Sweden — M2 Asset Management AB increases its ownership in Logistea AB by acquiring approximately 4.35 million A shares and approximately 43.6 million B shares for a total of SEK 767 million, making M2 Logistea's largest owner. The seller is Slättö.
Glashuset (the Glass Building) by Slussen in Stockholm.

Atrium Ljungberg signs new lease in Stockholm

Sweden Sweden — Over the past two years, Flower has expanded from 25 to 120 people, and it will continue to expand. The company is now moving its head office to Atrium Ljungberg’s property Glashuset in Slussen. The lease contract comprises approximately 2,500 sqm, and occupancy will take place in the autumn of 2024.

They increased their rental income the most during Q2

Nordic — Nordic Property News has taken a look at the listed property companies' reports for Q2 2024 to see which of them report the largest increase in net rental income compared to 2023.

Prisma Properties adds key-player

Nordic — Expansive Prisma Properties brings in new key-player to a top position.
Fabian 21.

Blackstone-owned Sponda signs new lease in Helsinki CBD

Finland Finland — Sampo Plc relocates its headquarters to Sponda-owned Fabian 21 office building in Helsinki CBD.
Akademiska Hus divests in Stockholm.

Akademiska Hus sells to the Swedish Fortifications Agency

Sweden Sweden — Akademiska Hus has signed an agreement with the Fortifications Agency for the sale of the land right Norra Djurgården 1:46 in Stockholm.
Areim acquires eight light industrial properties in Västerås.

Areim buys light industrial portfolio from Castellum

Sweden Sweden — Areim has acquired eight light industrial properties in Västerås in Sweden with approximately 17,000 sqm of lettable area from Castellum. The properties are located in the Hälla and Hacksta industrial areas. With this acquisition, Areim establishes itself in Västerås, Sweden's sixth largest city, within the light industrial sector and expands outside the metropolitan regions.
Ola Serneke.

Ola Serneke on the Doxa exit and his new venture

Sweden Sweden — After exiting the Board of Directors at Doxa, Ola Serneke tells Nordic Property News about the decision and about the new company he is starting.

Write-downs are decreasing among the Swedish real estate companies

Sweden Sweden — Ever since the second half of 2022, the companies' real estate values ​​have fallen in every single quarter, but during the first quarter of the year you could start to see a trend break for most Swedish companies, something that also continued during Q2. After the last reporting period, Nordic Property News has again looked at the property values ​​of the listed companies on the two largest lists and can state that fewer and fewer companies are writing down the values. Here is the full list.
Niam and Nordsten Development acquire site in Örebro.

Niam and Nordsten Development make acquisition

Sweden Sweden — Niam acquires logistic development site with Nordsten Development.
Lansa buys from Byggvesta.

Lansa makes residential acquisition from Byggvesta

Sweden Sweden — Lansa Fastigheter expands its property portfolio in Uppsala by acquiring a property with 98 homes in Uppsala. The seller is Byggvesta.
The Kv Taktäckaren block in Stockholm.

Axfast signs new lease with Deloitte for 8,000 sqm

Sweden Sweden — Axfast has recently signed a new ten-year agreement for approximately 8,000 sqm with Deloitte in central Stockholm, where Deloitte has been a tenant for over 20 years.
Carmith Mårtensson, Regional Manager Riks, Bonava Sweden talks about the new collaboration with Obos in the growing Södra Änggården district in Gothenburg.

Bonava: "Joint ventures will increase significantly"

Sweden Sweden — The number of collaborations and joint ventures will steadily increase, says regional manager Carmtih Mårtensson at Bonava. During Thursday, they were able to disclose their first endeavor with Obos. As early as next year, they will jointly undertake to build 200 homes in the emerging Södra Änggården district in Gothenburg. But building in the city is far from optimal, he says.

American bank invests in Genova

Sweden Sweden — Enters among the company's ten largest owners.
Mani Hemmaty.

Nordsten Development is strengthening operations

Sweden Sweden — Nordsten Development recruits Mani Hemmaty as Technical Development Director.
Slakthusområdet.

Atrium Ljungberg signs lease contract with Universal Music Group

Sweden Sweden — The market halls of Slakthusområdet are being transformed into offices and premises. At the beginning of 2026, the transformation will be completed and Hus 49 Stora Marknadshallen will become the new home of Universal Music Group. The contract with Atrium Ljungberg covers approximately 3,800 sqm and marks yet another milestone in the development of Stockholm’s new creative district.
Peab builds offices, stores and parking garage in Malmö.

Peab builds in Malmö

Sweden Sweden — Peab has been commissioned to rebuild and extend the old welding and boiler workshop "Hall 259" in Varvsstaden in Malmö. The customer is Varvsstaden AB and the contract is worth SEK 454 million.
Peter Michael Tetzlaff in front of E20 Park in Copenhagen. The image is a montage.

Verdion: “We are continuously exploring new opportunities across the Nordics"

Nordic — Peter Michael Tetzlaff, Verdion’s Head of Investment – Nordics, on the latest Jutland project, future targets in the region and why Nordic markets remain attractive for logistics investments
Leiv Synnes, CEO of SBB.

SBB's game plan when the tide turns

Nordic — The liquidity is at stake and the focus of everything SBB has done and continues to do. At the presentation of the second quarter's results, it was clear which path the company has set out and how they continue forward. And it seems that a rerun is the main option.
Catena on the verge of large Danish acquisition.

Catena closing in on major logistics acquisition in Denmark

Denmark Denmark — Catena is in advanced stages of negotiations after having signed an LOI with an existing tenant to acquire a newly built, high ESG-profile and fully let logistics asset in Denmark.
Liia Nõu, CEO of Pandox.

Pandox completes London acquisition

Nordic — Pandox has acquired three aparthotels in central London for MGBP 230.
Klövern's new management.

New management team in place in Klövern

Sweden Sweden — The continued formation of Klövern as a commercial housing company leads to an expanded management team of eight people.
Farid Shawkat. The image is a montage.

What real estate can learn from other industries

Nordic — Colliers is stepping outside the box with its latest management team recruitment. The company's new COO, Farid Shawkat, who most recently joins from the telecom industry, tells Nordic Property News what experience from other industries such as the real estate industry can benefit from, what attracted Colliers, about taking the step back into the real estate industry and about the goals of his new position.
Henrik Gerdin, Fund Manager at Niam.

Where Niam looks for new investments for the opportunistic EUR 805 million fund

Nordic — Niam Nordic VIII is the second largest opportunistic fund in Niam's history, with its EUR 805 million. The expectation is that Niam's eighth fund will be fully invested in the first half of 2025 as they have several deals under due diligence and see other good opportunities ahead, says Fund Manager Henrik Gerdin.
Jenny Rehn, CEO of Nordiqus.

Nordiqus secures USD 800 million refinancing

Nordic — The SBB associated company in Education, Nordiqus, has refinanced approximately USD 800 million, corresponding to approximately SEK 8.6bn, of its existing bank debt of SEK 16bn with private placement bonds issued directly in SEK and NOK in the US market. The bonds have maturities of 10 to 15 years. This has been made possible by Nordiqus’ financing receiving an investment grade rating based on infrastructure rating methodology.