Tomas Carlsson, CEO of NCC.

Tomas Carlsson: "We are not immune to the current situation"

Nordic — It is the same market as last year. That's what NCC's CEO Tomas Carlsson says when he comments on the market outlook. Even if certain areas of the company have a somewhat tougher time, the cash flow is positively affected by the fact that they have not invested in property development during the first quarter.
Oscar Properties.

Oscar Properties has submitted an application for corporate restructuring

Sweden Sweden — Oscar Properties has submitted an application for corporate restructuring to the Stockholm District Court.

Indlog Properties Oy has bought a logistics property in Kouvola

Finland Finland — Real estate investment company Indlog Properties Oy managed by Confido group and Catella has bought a logistics property in Kouvola. The acquisition is the company's eighth target after its establishment in 2022. The investment company's strategy is to invest in high-yield small-scale industrial and logistics sites in Finland, and its target portfolio size is EUR 100 million.
Greg Dingizian sells his SLP shares.

Greg Dingizian sells his entire holding in SLP

Sweden Sweden — SLP's co-founder Greg Dingizian is selling his entire shareholding in the company, roughly 9.6 million A shares, to ABG Sundal Collier and what are described as professional investors, Nyhetsbyrån Direkt reports.
Niam and Kuuskodit launch a new joint venture to enhance rental family living in the Finnish residential market.

Niam and Kuuskodit launch a new joint venture

Finland Finland — Niam and Kuuskodit Investment Management are excited to announce the launch of a new joint venture, an initiative to enhance family living through the development of terraced family houses, tailored for the rental market in the Finish growth triangle HMA, Tampere and Turku. The investment strategy focuses on providing optimal living spaces for families, setting new standards in the design and functionality of rental residential housing.
Kristian Korbu and Swiss Life AM's latest finnish acquisition.

Swiss Life AM looks to grow on the Finnish market

Finland Finland — Swiss Life Asset Managers expands in Finland. After the latest acquisition, Kristian Korbu, Senior Transaction Manager at Swiss Life Asset Managers, tells Nordic Property News about the company’s growth plans for the Finnish market, how he views the competition and how he sees the market developing during the remainder of 2024.
Per Holm.

Nordika strengthens its investment team

Nordic — Nordika has recruited Per Holm as Investment Manager.
Stockholm.

First real estate transaction with a Stureplan property since 2006

Sweden Sweden — Harmerica Properties makes acquisition from SEB Trygg Liv in the first real estate transaction at Stureplan in central Stockholm since 2006.
Anders Danielsson, CEO of Skanska.

Skanska believes in a residential lift after the interest rate cut

Sweden Sweden — Skanska increased the number of homes sold and constructions started during the first quarter of the year, but from very low levels. The company is under pressure in the low-price segment, where Boklok made a loss of SEK 146 million. CEO Anders Danielsson finds it encouraging that the development has nevertheless started to go in the right direction and now hopes that the Riksbank's interest rate cut will give a lift to the pressured segment.
Nordr Swedens new CEO Mårten Othérus.

The new Nordr Sweden CEO: "There are great opportunities"

Sweden Sweden — After 19 years at Veidekke and later what became Nordr, Mårten Othérus has held the titles of regional manager, business development manager and investment manager. Now he can put CEO on the merit list. He comments on how he wants to tackle the company's development going forward.
Jussi Artema.

Jussi Artema joins Catella

Finland Finland — Jussi Artema joins Catella Asset Management Finland as Associate.
Julia Mejegård and Grönstedska palatset in Stockholm.

How Areim wants to develop its Stockholm office portfolio

Sweden Sweden — Areim makes a new acquisition in Stockholm's office market. Julia Mejegård, Head of Investments Sweden, tells Nordic Property News about the plans for the development of Grönstedska palatset, the current status of the Stockholm office portfolio, how Areim wants to develop it going forward and which parts of Stockholm they see as attractive for new acquisitions.
Logicenters continues to grow in Tuusula – Acquires 25,000 sqm in a strategic location.

Logicenters continues to grow in Tuusula – acquires 25,000 sqm

Finland Finland — Logicenters has acquired a site area of 25,000 sqm in Tuusula, Finland. The company plans to develop a logistics center of 10,000 sqm with construction starting in the third quarter of 2024. Potential tenants are able to move into the property after the summer of 2025.
David Mindus, CEO of Sagax.

Sagax makes new French acquisition

Sweden Sweden — Sagax has indirectly acquired 27 percent of a property portfolio comprising 43 properties with 285,000 square metres of lettable area and 902,000 square metres of freehold land in France.
Tuomo Lindstedt.

Tuomo Lindstedt to lead Premico’s construction management business

Finland Finland — Experienced construction expert Tuomo Lindstedt will assume his role on July 1, 2024.
Leiv Synnes, CEO of SBB.

SBB stands by the dividend in June – after that it stops

Sweden Sweden — It was a hopeful Leiv Synnes that presented SBB's Q1 report on Monday, where the company reported a negative but still improved result compared to the corresponding period in 2023 and where the rate of decline in property values has started to slow down precariously. Here, Leiv Synnes tells us more about his positive view of the market, the status of the company's deferred dividend and how they will continue to act to strengthen the company's liquidity.
Thomas Sipos, CEO of Revelop.

"We look forward to increasing significantly in Stockholm"

Sweden Sweden — Revelop makes its first acquisitions with the new fund Revelop VI. Revelop's CEO Thomas Sipos tells Nordic Property News what new acquisitions they are looking for, in which markets they want to invest, the favorable market situation and the international interest for the fund.
The Swedish Economic Crime Authority becomes a new tenant of Atrium Ljungberg's.

Atrium Ljungberg rents out 10,000 sqm in Hagastaden

Sweden Sweden — Atrium Ljungberg has signed a lease contract with the Swedish Economic Crime Authority, which is moving to PV-palatset in Hagastaden. The contract covers a total of 10,000 sqm. The once-industrial PV-palatset is currently undergoing extensive renovation, and the authority is planning to move in at the end of 2025.

Revelop makes first acquisitions for its latest flagship value-add fund

Sweden Sweden — Swedish real estate investor Revelop has acquired 11 assets in two separate transactions after securing more than SEK 2,4 billion in new equity commitments for its latest flagship value-add fund. One of the transactions is a SEK 900 million acquisition from Castellum.
Erik Selin, CEO of Balder.

Selin: "Having negative numbers is painful"

Sweden Sweden — 2024 is progressing at a steady pace for Balder and CEO Erik Selin is not expecting any revolutionary events during the year and likely no project starts either. But one detail that rubs off on the Balder founder is the company's most important performance measure, which during Q1 decreased by ten percent compared to the same quarter in 2023. "We don't like negative numbers," says Erik Selin during the report presentation.
Niklas Forsell.

Here are the strongest office markets in Helsinki

Finland Finland — Croisette adds to its Finnish team with the recruitment of Niklas Forsell. The new Head of Leasing tells Nordic Property News about his new role with Croisette, how he views the Finnish rental market at the moment and going forward, and about new office needs among Finnish companies.
Grönstedska Palatset in Stockholm.

Areim acquires the office asset Grönstedska Palatset in central Stockholm

Sweden Sweden — Areim acquires the office asset Städet 9, also known as Grönstedska Palatset, on Sankt Eriksgatan in Hagastaden, Stockholm. The property, which was built in 1923, consists of 28,000 square metres of lettable area, renowned as the former headquarters of Vin & Sprit. Areim plans to further develop the property and at the same time preserve the property's history and characteristic features.
Catella Asset Management appointed as local operating partner for Corum in Finland.

Catella appointed as local operating partner for Corum in Finland

Finland Finland — Catella Asset Management appointed as local operating partner for Corum in Finland. Corum Origin and Corum Eurion (Corum) owns a Finnish real estate portfolio of 21 properties with a total gross leasable area (GLA) of 142,000 sqm. The portfolio’s assets are located across Finland, and they are mainly leased to a single tenant on a long lease.
Glashuset (the Glass Building) in Stockholm.

Atrium Ljungberg signs large lease in central Stockholm

Sweden Sweden — Atrium Ljungberg has signed an agreement with Svenska spel regarding a move of the office to the iconic Glashuset in Slussen. The lease covers roughly 2,500 square meters and Svenska spel will move in during the first half of 2025.
Erik Vikbladh in front of one of the acquired properties. The image is a montage.

Areim's new European venture with VGP: "Strong demand for modern and sustainable properties"

Nordic — Areim enters into a new joint venture with a focus on Central Europe together with VGP. After the first acquisition through the JV, Erik Vikbladh, CIO and Partner at Areim, tells Nordic Property News about the partnership with VGP and how the logistics markets in your focus countries France, Germany, Hungary, the Czech Republic and Slovakia differ from the markets in the Nordic countries.