Knut Rost.

Diös' CEO: "There is a lot going on in our market"

Sweden Sweden — Diös delivers a quarterly result that is down slightly compared to the same period last year. At the same time, the company is preparing for new business opportunities going forward. CEO Knut Rost tells Nordic Property News about the future of Diös, the transaction market and green transition.
Nivika sells in Eksjö.

Nivika sells in Eksjö

Sweden Sweden — Nivika sells two properties in Eksjö.
Niklas Forsell.

Croisette appoints Niklas Forsell as new Head of Leasing and Partner in Finland

Finland Finland — Niklas Forsell will join Croisette Finland as the new Head of Leasing and Partner as of 3rd May, 2024. Niklas will join Croisette from Cushman & Wakefield, where he has worked as Leasing Director.
Mikael Tröjbom Johansen.

Catena grows in Denmark – recruits from Blackstone's Mileway

Denmark Denmark — As a result of the growth phase that Catena is in, Mikael Tröjbom Johansen is taking on the new role of Regional Manager Denmark.
Tom Leahy, MSCI.

MSCI's Chief Analyst: "A significant repricing is required"

Nordic — MSCI's Chief Analyst Tom Leahy provides an outlook for how transaction volumes may develop, where the competition for the offices is and how international players can now enter the Swedish market.
K-Fastigheter's CEO Jacob Karlsson and newly appointed Deputy CEO Niclas Bagler when Bagler was still with BoKlok.

K-Fastigheter appoints Deputy CEO

Sweden Sweden — K-Fastigheter hires Niclas Bagler to be responsible for the new business segment Construction. Construction contains the business areas Project Development, Prefab and Building. Niclas Bagler will assume his position as Deputy CEO of the Group with responsibility for Construction on June 1st, 2024, and will from the same date become a member of the Group´s management team.
Svante Bengtsson.

Svante Bengtsson appointed CEO of Fastator – again

Sweden Sweden — Svante Bengtsson back in the CEO chair at Fastator - after it was announced in January that he would leave the company in the summer. At the same time as Bengtsson becoming the new CEO, acting CEO and chairman of the board Björn Rosengren is leaving Fastator completely.
ABG Fastena acquires from Tilia Fastigheter.

ABG Fastena acquires light industrial property

Sweden Sweden — ABG Fastena adds another property in Stockholm to its portfolio through an acquisition from Tilia Fastigheter.
These are the winners and losers in the nordic stock market during April 2024.

The winners and losers on the stock market in April

Nordic — After a strong rebound in March, real estate shares on the stock exchange retreated again in April and most companies ended up in the red. Nordic Property News presents a list of the winners and losers on the stock market during the fourth month of the year.
Vasakronan CEO Johanna Skogestig.

Vasakronan CEO on the first acquisition in five years: "The market situation has changed"

Sweden Sweden — After the first acquisition in half a decade, CEO Johanna Skogestig explains how she sees Vasakronan's portfolio going forward. At the same time, she sees a certain instability in Stockholm's office market and the company now has a vacancy of ten percent in the portfolio.
Daniel Stenbäck and Hotel Katajanokka.

"Shows that we are serious about our investment in Finland"

Finland Finland — Strawberry continues its expansion in Finland. The company is taking over the storied Hotel Katajanokka on Katajanokka in Helsinki – and establishes its Clarion Collection concept in the Finnish market. Chief Development Officer Daniel Stenbäck tells Nordic Property News about the importance of launching the Clarion Collection in Finland, about Helsinki as a hotel city and about the possibility of entering new Finnish cities.
Swiss Life Asset Managers has acquired a high-standard big-box retail asset.

Swiss Life Asset Managers Nordic acquires retail properties in Helsinki Metropolitan Area

Finland Finland — With the acquisition of prime retail box assets in Helsinki Metropolitan Area, Swiss Life Asset Managers Nordic further grows its real estate footprint in Finland and diversifies the portfolio for its clients.
Ivar Tollefsen.

Heimstaden denies speculations of bribery

Sweden Sweden — The Swedish publication Dagens Industri published an article where employees of Alecta are being investigated for trips to France and/or South Africa invited by Ivar Tollefsen, the chairperson of Heimstaden AB. Heimstaden denies the claims.
SBB.

SBB signs agreement for dissolution of Unobo

Sweden Sweden — As a step in SBB's efforts to eventually dissolve jointly owned residential property structures, SBB has signed a framework agreement with Riksbyggen regarding the dissolution of the joint ownership of the residential property group Unobo AB. Before the split, SBB owns 70 percent and Riksbyggen 30 percent of Unobo AB. SBB aims to coordinate its share of the properties within Unobo AB with Sveafastigheter’s residential portfolio. Riksbyggen continues to manage Unobo AB's portfolio until the end of 2024.
Jacob Karlsson, CEO of K-Fastigheter.

"The idea is two business areas under the same umbrella"

Nordic — In the first quarterly report for 2024, K-Fastigheter announced that the company has now adopted a new business plan and laid out a new strategy. In addition, the company has now made a clearer division between undertaking and management. CEO Jacob Karlsson has answered Nordic Property News' questions about the report and the way forward.
The Naujasis Skansenas area.

YIT deepens collaboration with Czech partner RSJ Investments – establishes new JV's

Finland Finland — YIT deepens collaboration with Czech partner RSJ Investments and establishes three joint ventures to develop large area projects.
Oscar Properties.

Bondholders files for bankruptcy of Oscar Properties

Sweden Sweden — The holders of Oscar Properties' senior unsecured bonds have submitted a bankruptcy petition to the Stockholm district court.
Ilija Batljan returns today as CEO of SBB's spin-off PPI, which is listed on the Oslo Stock Exchange.

Listing day for SBB's spin-off PPI: "The price for current shareholders will be high"

Norway Norway — SBB's spin-off Public Property Invest (PPI) has now been listed on the Oslo Stock Exchange with the starting price set at NOK 14.50. The deal is worth a total of NOK 1,750 million and the company will initially get SBB's former CEO Ilija Batljan as CEO. Nordic Property News has spoken to savings economist and investment platform Levler's founder Joakim Bornold about why SBB is carrying out the special listing and what it means for the respective futures of both struggling companies.
Hotel Katajanokka.

Strawberry expands its Finnish hotel portfolio

Finland Finland — Strawberry expands its Finnish portfolio with the storied Hotel Katajanokka.
Liia Nõu, CEO of Pandox.

Strong sports event summer could lift Pandox and the hotel market

Nordic — Pandox and the hotel market as a whole had a positive development during the first quarter of the year and there is hope for an even stronger lift in the summer when both the Euros in Germany and the Olympics in Paris will contribute to increased activity on the market. Here, Pandox CEO Liia Nõu tells us more about the company's development and future prospects, and industry expert Thomas Emanuel reports on the situation in the European hotel market, which has now, among other things, recovered past the levels that prevailed before the pandemic.
Stefan Dahlbo, CEO of Fabege.

Stefan Dahlbo: "We may see black swans flying around"

Sweden Sweden — A boring year. It is CEO Stefan Dahlbo's outlook for the market in 2024 that he shares at the presentation of the first quarter for Fabege. Two large vacancies and long lease negotiations are two of the factors that concern him.
Oscar Properties.

New threat of bankruptcy for Oscar Properties – the Chairman exits the company immediately

Sweden Sweden — Oscar Properties' bondholders have canceled their senior unsecured bonds of SEK 884 million for immediate payment. The owners will apply on Friday for Oscar Properties to be declared bankrupt if payment has not been made. At the same time, the company announces that chairman of the board Peter Norman and board member Markus Dragicevic are leaving their positions with immediate effect.
Joacim Sjöberg, CEO of Castellum.

Castellum sells properties for EUR 85 million

Sweden Sweden — Castellum is selling ten properties for SEK 934 million (EUR 85 million) less deferred tax and overheads totalling approximately SEK 25 million (EUR 2.3 million). The sale price confirms the carrying amount.
Ellen Langeggen.

KLP Eiendom appoints Ellen Langeggen as new MD

Norway Norway — Ellen Langeggen has been appointed as the new Managing Director of KLP Eiendom.
Ulrika Hallengren, CEO of Wihlborgs.

Mixed signals in the Wihlborgs office market

Nordic — Regardless of what happens next, Wihlborgs must be ready, says CEO Ulrika Hallengren at the presentation of the first quarterly report. The company, which this year celebrates 100 years, can also look forward to a record start in 2024, while still keeping its foot lightly on the brake.