Carl Janglin.

Carl Janglin leaves Oscar Properties immediately

Sweden Sweden — A few weeks ago it was announced that CEO Carl Janglin would leave Oscar Properties, but that he would remain in his position until a successor was appointed and would be involved during the transition. Now the Oscar Properties announces that Janglin is leaving the assignment with immediate effect.
Jessica Gårdmo.

Wästbygg's CFO leaves the company

Sweden Sweden — Wästbygg's CFO Jessico Gårdmo has announced that she is leaving her position and group management for new challenges outside the group.
Strawberry enters a new market.

Strawberry is entering a new market – first hotel in Turku

Finland Finland — Strawberry continues their expansion on the Finnish market. In autumn 2028, a new full-service hotel will open in one of Finland's, biggest development projects at the moment, Ratapiha Arena. The area is located in the middle of the city.
Christian Fredrixon.

Cibus' new CEO: "Good financial support from the banks for new transactions"

Sweden Sweden — Cibus reports an increase in rental income by six percent and an increase in net operating income by six percent in the fourth quarter. The management result amounted to SEK 132 million. “Even during this quarter, earning power per share increases, which is gratifying and a receipt that the active measures taken in 2023 have borne fruit”, says CEO Christian Fredrixon.
Sampsa Apajalahti.

The former Capman profile on his main focus as CEO of Suohki

Finland Finland — "I really gravitated towards Suohki and the opportunities that are in the Finnish social infrastructure segment."
Nordika makes acquisition from Klara Norra Fastigheter.

Nordika acquires office property in Stockholm

Sweden Sweden — Nordika has signed an agreement to acquire the office property Fristaden 6 in Western Kungsholmen from the labor union Unionen's wholly-owned real estate company, Klara Norra Fastigheter.

Vincero sells properties to UNT

Sweden Sweden — Vincero Fastigheter has sold two office properties in central Uppsala of 3,800 square meters. The buyer of the properties is AB Upsala Nya Tidning, which is part of the NTM Group.
Linda Flydén, Head of Sustainability Nordics, and Catharina Gorthon, Head of Marketing and Communications Nordics.

Panattoni makes two appointments to its group management

Nordic — Panattoni adds Catharina Gorthon as new Head of Marketing & Communication and Linda Flydén as new Head of Sustainability. The duo will be part of the group management of Panattoni Nordics.
One of Liseberg's subsidiaries needs over SEK 1 billion in capital injection after the fire in Oceana on 12 February.

After the Oceana fire – Liseberg in need of major capital injection

Sweden Sweden — As a direct consequence of the devastating fire in the aquatic park Oceana, a capital shortage has arisen in one of Liseberg's subsidiaries, and while waiting for the payment of the insurance compensation, an "accounting technical solution" is now required, which must be handled urgently. At the same time, the ongoing investigation shows that the damage to Oceana is less than first feared. Nordic Property News reveals more on the matter.
Catena acquires logistics property from Bulk Industrial Real Estate.

Catena makes logistics acquisition in Hvidovre

Denmark Denmark — Catena is acquiring a Danish property in Hvidovre, an investment of DKK 420 million (EUR 56 million). The seller is Bulk Industrial Real Estate, and the tenant is Scan Global Logistics.
Niam acquires Futurum.

Niam acquires Danish full-scale residential property management company

Denmark Denmark — Niam is pleased to announce the acquisition of the Danish speciality property management company Futurum ApS. With its team of 25 employees, Futurum holds a deep segment expertise complemented with all necessary systems and processes in place for residential management.
Storebrand makes purchase in Örebro.

Storebrand Nordic Real Estate Fund makes first acquisition in Nordic core plus strategy

Nordic — Storebrand Nordic Real Estate Fund (SNRE) has made its first successful acquisition, with the purchase of a high-quality logistics asset located in Sweden. This initial investment sets the stage for Storebrand’s strategic expansion across the property sector in the Nordic region.
Jenny Tuleby.

After the acquisition in Copenhagen – this is how CBRE IM wants to continue growing in the Nordics

Nordic — CBRE IM continues to build its housing portfolio. After a new acquisition in Copenhagen, Jenny Tuleby, Head of Transactions and Investment Operations at CBRE Investment Management Nordics, tells Nordic Property News what they look for in new housing investments, which locations they want to grow in and how they want to grow in other segments.
Prisma CEO, Fredrik Mässing.

Prisma aims toward IPO

Nordic — It has been almost two years since Alma Property Partners, Mässing Properties, CT Development and P&E Fastighetspartner joined forces to create Prisma. Even then, there were high ambitions to grow into the largest player in the low-price retail, grocery retail and fast food hubs segment. CEO Fredrik Mässing talks about the past year and how they will continue the growth.

Barings acquires prime logistics scheme in Finland

Finland Finland — Barings has completed the acquisition of a prime logistics scheme spanning c. 39,000 sq m in Helsinki, Finland, on behalf of its pan-European logistics joint venture (PELV) from an international asset manager.
These are the winners and losers in the nordic stock market during February 2024.

Winners and losers on the stock market in February

Nordic — The Nordic listed real estate companies continued their sluggish start to the stock market year 2024 with mostly declines during February. Here, Nordic Property News summarizes how the companies performed during the second month of the year.
Kronoslätts logistics park.

Logicenters signs new tenant to Kronoslätts logistics park

Sweden Sweden — A new tenant is now confirmed for Logicenters facility in Kronoslätts logistics park. The sustainable insulation company Ekolution is expanding its operations by taking over 11,500 sqm in an existing property. The move will take place during the second half of 2024.
Anneli Jansson, CEO of Humlegården.

Anneli Jansson proposed as new board member of Wihlborgs

Sweden Sweden — Anneli Jansson, CEO of Humlegården Fastigheter, is proposed as a new member of Wihlborgs Fastigheter's board ahead of the annual general meeting in April.
On the left, Wallenstam's deputy CEO Marina Fritsche and on the right Vasakronan's regional manager Kristina Pettersson Post.

The investment situation in Gothenburg's office market

Sweden Sweden — With some negative writings and reports about the office situation in Gothenburg, the question is how the city's property owners see the investment situation going forward. Here, Vasakronan's regional manager Kristina Pettersson Post and Wallenstam's vice president Marina Fritsche talk about, among other things, what their strategies for carrying out business look like and what their company does with leftover surfaces.
Christian Fladeland, Deputy CEO of Heimstaden.

Heimstaden Bostad is hoping for buyers with dry powder

Nordic — Heimstaden Bostad believes that a stabilized market and a somewhat positive development in the transaction market will lead to tailwinds for the company. At the same time, two countries are behind the large decline of EUR 2.57 billion in the company's property value.
Elo acquires residential buildings in Töölö and Kallio in Helsinki.

Elo buys two apartment buildings in Helsinki from the Paavo Nurmi Foundation

Finland Finland — Elo has bought two residential apartment buildings from the Paavo Nurmen Foundation in the prestigious areas of Töölö and Kallio in Helsinki.
J13 logistics park in Tänassilma, Tallinn.

East Capital acquires logistics park in Tallinn

Sweden Sweden — East Capital Real Estate (ECRE) fund IV has acquired the J13 logistics park just outside Tallinn. The fully leased park consists of 40,000 square metres of logistics and light industrial premises and is one of the largest in Estonia. This marks the 10th and final transaction of the EUR 350 million fund which is now fully invested.
Mineralvattenfabriken (the Mineral Water Factory).

The international company moves its Swedish HQ to Atrium Ljungberg's Mineralvattenfabriken

Sweden Sweden — Atrium Ljungberg has signed a lease with the international company Pricer, which is moving its Swedish headquarters to the Mineral Water Factory. The agreement covers roughly 1,300 square meters in the industrial historic property, which is centrally located in Hagastaden, Stockholm.
Leiv Synnes, CEO of SBB.

SBB: "We have the biggest negative value changes behind us"

Sweden Sweden — SBB had a challenging 2023 where it made a loss of approximately SEK 22 billion, primarily driven by changes in the value of properties that amounted to a little more than SEK 13 billion. But for 2024, CEO Leiv Synnes breathes more optimism and he believes that the worst is behind the company. However, what will happen with the payment of the suspended dividend for 2022 of two billion kroner remains to be seen, as it is a question that still hangs in the balance.
Erik Ranje, CEO of Stendörren.

Where Stendörren looks for new acquistions

Nordic — After ten years on the market and a past as an acquisition-driven company before property values began to fall, Stendörren has now started to look towards buying in metropolitan areas. “What we are looking at going forward are urban locations in Stockholm, Oslo, Copenhagen, Helsinki and the Gothenburg region”, says CEO Erik Ranje.