Lynea's CEO Josefin Bergholtz in front of the type of housing the new company focuses on. The image is a montage.

Here’s where the new Blackstone-backed Brunswick company looks to grow

Sweden Sweden — With Blackstone as its capital partner, Brunswick Real Estate is launching a new company, Lynea, focused on owning and managing newly built single-family homes offered as rental housing in the Greater Stockholm area. CEO Josefin Bergholtz tells Nordic Property News about the initiative, market trends, where new investment opportunities are being explored, and the company’s long-term goals.
Jussi Niemistö, Head of Research Nordics for CBRE, and Maryrose David, Head of Research at CBRE Sweden.

The battle for premium offices intensifies: "Reaching record high rent levels"

Nordic — CBRE's latest Nordic office survey shows that companies want more employees on site in their offices, but that the gap between requirements and actual presence remains. While companies' office portfolios are decreasing, premium offices are in the highest demand and competition for the most attractive spaces is fierce. For Nordic Property News, Maryrose David, Head of Research at CBRE Sweden, and Jussi Niemistö, Head of Research Nordics, talks more about the trends in the office market, what issues tenants are grappling with and why Finland has unfairly carried the brunt of post-COVID speculation.
Michael Moschewitz, CEO of Genova Property Group.

Genova makes major acquisition in Stockholm

Sweden Sweden — Buys five properties from Landia.
Tom Hagen, Head of Transactions at Prisma Properties.

Prisma Properties expands its Swedish portfolio

Sweden Sweden — Prisma Properties has signed agreements to acquire two properties in Arvika and Mariestad. The properties comprise a total of approximately 12,000 square meters of leasable area and include two new Ica Maxi stores. The acquisitions are being carried out through a forward funding structure at an underlying property value of SEK 345 million, before deduction of deferred tax. The seller is the property developer Kynningsrud.
The Renata project, Helsinki.

Bonava starts production of housing in Helsinki

Finland Finland — Bonava is starting production of 77 residential units in Kruunuvuorenranta, Helsinki. The Renata project will be reported as production start in the third quarter. The project is expected to be completed in the summer of 2027.
Henrik Bastman.

"The acquisition pace will be as high as possible"

Nordic — Building on the success of its first Nordic fund, Storebrand Real Estate is now launching its successor, Storebrand Nordic Real Estate Fund II (SNRE II). The new fund has a target size of EUR 300 million, of which approximately two-thirds has already been committed. Henrik Bastman, Portfolio Manager for SNRE I & II and CEO of Storebrand Real Estate Sweden, tells Nordic Property News about the company’s plans for investment pace, target segments, geographical focus, and shares his view on the current market situation.
Lennart Weiss.

Lennart Weiss forms new company – against labour market crime

Sweden Sweden — After 23 years at Veidekke, Lennart Weiss is retiring – but he will continue to work. His commitment is too strong to completely step away, so he is now helping to start a company aimed at combating labour market crime.

The MESH Group and Brookfield launch major Nordic living platform

Nordic — The MESH Group is proud to announce a landmark partnership with Brookfield, marking a significant entry into the Nordic residential market. Together, they have acquired a portfolio of six newly constructed Unity Living-branded housing assets across Sweden and Finland, establishing a tailored platform to serve students, young professionals, and corporate clients in some of the region’s most dynamic and structurally undersupplied cities.
Simen Gunnerud, CFO of SPG.

SPG acquires large land portfolio from Bakkegruppen

Norway Norway — SPG has entered into an agreement to acquire a portfolio consisting of four development projects in Akershus from Bakkegruppen. The portfolio includes projects in Kjeller, Strømmen, Frogner, and Hamang. Collectively, the projects represent a development potential of approximately 1,000 residential units.
Patrik Andersson, Partner and CEO at Brunswick Real Estate.

Brunswick launches Lynea

Sweden Sweden — Brunswick launches Lynea – a rental housing company with more than 200 new homes in Stockholm and plans for expansion.
Andreas Wahlén, CEO of NP3.

“Our financial development has been very stable”

Sweden Sweden — NP3's activity during the third quarter and the past year has mainly been about acquisitions and sales. The company has also sold its remaining shares in Emilshus, thereby adding SEK 124 million to its own company.
Dorotea Stellmach and Kjell Stenudd.

Athena appoints new CEO – paving the way toward growth targets

Sweden Sweden — Athena Fastigheter is entering an expansion phase and has appointed Dorotea Stellmach as its new CEO. Kjell Stenudd, Partner and Chairman of the Board at Athena Fastigheter, tells Nordic Property News about the recruitment, the company’s growth targets, and where they see the greatest opportunities ahead.
Swiss Life AM buys from AG Gruppen.

Swiss Life AM makes Copenhagen acquisition

Denmark Denmark — Swiss Life Asset Managers acquires a serviced apartment property in Copenhagen under development.
Christian Fredrixon, CEO of Cibus.

Cibus expands its Belgian portfolio

Nordic — Cibus expands Belgian portfolio with full acquisition of One+, launches new JV, and streamlines portfolio through divestments.
YIT.

YIT selected as main contractor for Kouvola data centre project

Finland Finland — The project company behind the Kouvola data centre initiative, Hyperco Fin HoldCo 1 Oy, has selected YIT as the main contractor for the construction of the facility. The project encompasses approximately 28,000 square metres and includes a data centre building, office premises, and associated external technical areas and site works.
Filip Persson.

SLP sees strong opportunities to continue growing through acquisitions

Sweden Sweden — For Swedish Logistic Property, the focus is not on immediate yield from day one. Nevertheless, the company has increased its operating profit by 50 percent in the third quarter, largely because it managed to retain a significant portion of the increase in net operating income in its results.
Slakthusområdet in Gothenburg.

Development plans get discontinued

Sweden Sweden — In the Slakthusområdet area (the Meat Packing Disctrict) of Gamlestaden, Gothenburg, Higab and Klövern had plans to add up to 80,000 square metres of business premises, offices, restaurants, and hotels to the historic industrial district. However, work on both the programme for Slakthusområdet and the detailed development plans for the two companies is now being discontinued, Nordic Property News reports.
The property Revisorn 8 in Stockholm.

Areim sells light industrial portfolio to Hines

Sweden Sweden — Areim has divested a light industrial portfolio comprising ten properties with a total lettable area of approximately 28,000 sqm to Hines. The properties are situated in last-mile locations in Gothenburg, the greater Stockholm area, and Uppsala.
Prisma Properties acquires in Finland.

Prisma Properties makes additional acquisition in Finland

Finland Finland — Prisma Properties has signed an agreement to acquire a newly built retail property in Konala, just north of central Helsinki. The acquisition is being made at an underlying property value of EUR 5.5 million. The property consists of approximately 2,600 square meters of leasable area and is fully leased to the discount retailer Jula under a 10-year lease agreement. The seller is the property developer Hartela.
YIT.

YIT agrees on sale and construction of three residential buildings in Prague

Finland Finland — YIT has signed an agreement with the Czech housing cooperative Ranta Barrandov IV for the sale and construction of three residential buildings.
Adam Tyrcha, Chief Growth Officer at Newsec.

Office vacancies are increasing across the board in major cities

Sweden Sweden — Newsec's latest vacancy survey for the third quarter of this year shows that the share of vacant office space has increased in both Stockholm, Gothenburg and Malmö compared to the same quarter last year, and also compared to the first quarter of this year. In Stockholm, vacancies have increased from 9.1 percent at this time last year to 14.3 percent now. – In some submarkets, vacancies are the highest we have ever seen, says Adam Tyrcha, Chief Growth Officer at Newsec.
Jakob Fyrberg, CEO of Emilshus.

Finally Skåne for Emilshus

Sweden Sweden — Emilshus is growing in southern Sweden within the company's prioritized categories of light industry, industrial services and trade. During the third quarter, Emilshus took possession of the majority of the 35 properties in western Skåne that were announced in April. This means that the company has taken the step into the Öresund region.
The property Emilstorp 1.

Svenska Hus sells in Malmö

Sweden Sweden — Svenska Hus has, through an off-market transaction, divested the leasehold of the property Emilstorp 1 in Malmö. The transaction was carried out via a share deal, and the buyer is Fastighetsförvaltning Potenza AB. Possession was transferred on October 1.
Rickard Langerfors.

Klövern strengthens Its presence in Nacka with 500 new homes

Sweden Sweden — Klövern has signed an agreement to acquire the property Orminge 54:2 in Orminge Centre, with Bilia as the seller, and has simultaneously been granted a land allocation for two adjacent properties – Orminge 54:1 and part of Orminge 60:1. The plan is to construct approximately 500 sustainable homes, with construction scheduled to commence in the first quarter of 2029.
Veidekke builds in Oslo.

Veidekke builds filleting plant at Oslo Airport

Norway Norway — Oslo Airport City has entered into an agreement with Veidekke Logistikkbygg to build an environmentally certified fish filleting facility to be leased to Abrahams Salmon Processing. The assignment is a turnkey contract worth just over NOK 100 million excl. VAT.