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Magnus Andersson, CEO of Besqab.

"Will make divestments"

Sweden Sweden — Besqab's interim report for January to September 2024 shows a stable third quarter. Sales, turnover and profit are, compared both with the previous quarter and with the corresponding quarter last year, better. "We have a stable quarter where we deliver according to the business plan we communicated earlier this year", says Magnus Andersson.
TOP 4 Nordic
Erik Selin, CEO of Balder.
Nordic Nordic —
Erik Selin on the new establishment: "Gothenburg will rise again"
Citycon appoints new CEO.
Nordic Nordic —
Citycon appoints new CEO and makes changes in the Corporate Management Committee
Per Svensson, CEO of Croisette.
Nordic Nordic —
Croisette consolidates – here lies the focus going forward
Rikke Lykke and Tonny Nielsen.
Nordic Nordic —
Fokus Nordic to acquire DEAS Asset Management
The architect sketches from Wingårdhs of how Frölunda Torg could be developed if the plans get the green light.

Real estate company plans to expand mall into 950 residential units

Sweden Sweden — 950 homes may be discussed at the Gothenburg City Planning Committee's meeting this week. It is Skandia Fastigheter that can let their mall Frölunda Torg swell and merge with new housing.
Citycon divests the shopping center Kristiine in Tallinn.

Citycon divest shopping center in Tallinn for EUR 129 million

Finland Finland — Citycon divests Kristiine keskus shopping center in Estonia reaching EUR 334 million in divestments year to date.
Strawberry to open the largest airport hotel in the Nordics at Arlanda airport in Stockholm.

Strawberry wins contract to open largest airport hotel in the Nordics

Sweden Sweden — With its 656 hotel rooms, congress hall, restaurants and bars, Strawberry's new hotel at Arlanda will be Stockholm's largest hotel and the Nordic region's largest airport hotel. The property owner is Swedavia Real Estate. The hotel will open in the first quarter of 2029.
Ilija Batljan and André Gaden.

PPI signs new lease in Kristiansand

Norway Norway — Public Property Invest signs a new ten-year lease contract with the Norwegian Labour and Welfare administration (NAV) in Kristiansand.
Anthony Romano.

"Our intention will be to double the portfolio in size"

Denmark Denmark — Brunswick and Pictet's joint last mile company Lindu is relaunched with a large portfolio acquisition in Greater Copenhagen. Anthony Romano, Partner and Country Head Denmark at Brunswick, tells Nordic Property News about why they choose to relaunch, the partnership with Pictet, the targets for the new edition and where they look for new acquisition opportunities.
Erik Selin, CEO of Balder.

Erik Selin on the new establishment: "Gothenburg will rise again"

Nordic — Hyatt Place Gothenburg Central will open in early spring 2025 at Gothenburg Central Station. The property owner is Balder, who acquired the hotel property in 2024, and Nordic Property News naturally wants to know what the company's CEO, Erik Selin, thinks about the establishment and the hotel market in general.
Liia Nõu, CEO of Pandox.

Pandox acquires hotel property in Tromsø

Norway Norway — Pandox has entered into an agreement to acquire Radisson Blu Hotel Tromsø in Norway for EUR 64 million.
Ali Ali.

Neobo appoints Ali Ali as Head of Transactions

Sweden Sweden — Neobo Fastigheter has recruited Ali Ali as Head of Transactions. He will join the company in February 2025.
The property is located at Paciuksenkatu 27 in Helsinki, Finland.

Schroders Capital partners to develop modern homes for elderly and disabled residents

Finland Finland — Schroders Capital’s real estate team today announces a significant lease agreement with local healthcare provider Mehiläinen Group. This collaboration will transform an office building, held by Schroders Nordic Real Estate Fund (SNREF), into a modern home catering to high-quality living for elderly residents.
Theodor Jarnhammar, Stefan Dahlbo, Anneli Jansson, Sven-Olof Johansson and Joacim Sjöberg.

The foreign investors' misjudgments of the Swedish market: "It's laughable"

Sweden Sweden — The highly debated Swedish transaction market has been healthy all the way through the last years – despite the slowdown – and foreign buyers have misjudged the whole situation. This is the opinion of the renowned panel – consisting of Stefan Dahlbo, Anneli Jansson, Sven-Olof Johansson, Joacim Sjöberg and Theodor Jarnhammar – who discussed the issue during the event Stora Kontorsdagen and who see signs of increased activity in the future.

Bank invests in K2A

Sweden Sweden — Buys shares in K2A – becomes sixth largest owner in the company.
Olav Thon.

Olav Thon has passed away

Norway Norway — The Norwegian property magnate Olav Thon has passed away at 101 years of age.
Citycon appoints new CEO.

Citycon appoints new CEO and makes changes in the Corporate Management Committee

Nordic — Citycon appoints Oleg Zaslavsky as new CEO. At the same time Citycon makes changes in its Corporate Management Committee with Eero Sihvonen appointed as new CFO and Sakari Järvelä and Jussi Vyyryläinen departing the company. Citycon has also decided to suspend dividend in 2025.
Pictet Alternative Advisors and Brunswick relaunch Lindu with acquisition of 75,000 sqm last mile logistic portfolio in Greater Copenhagen.

Pictet and Brunswick relaunch Lindu with acquisition of 75,000 sqm last mile logistic portfolio

Denmark Denmark — Pictet Alternative Advisors, an independent unit within the Pictet Group, and Brunswick Real Estate relaunch Lindu with the acquisition of a 75,000 sqm last mile logistic portfolio. The portfolio consists of eight strategically located properties in key micro locations within Greater Copenhagen.
Lena Boberg in front of Våghuset (left) and Brick Studios (right). The image is a montage.

After the major acquisitions – here are Alecta Fastigheter's plans for the Gothenburg market

Sweden Sweden — Alecta Fastigheter strikes with a huge deal in Gothenburg when Våghuset and Brick Studios are acquired for SEK 2.2 billion from NCC. Lena Boberg, CEO of Alecta Fastigheter, tells Nordic Property News how the buildings complement the existing portfolio, the development of the Masthuggskajen area, the view of the Gothenburg portfolio and how they want to continue growing in the city in the future.
Janne Eriksson, Chairman of Cushman & Wakefield Finland.

“We see more and more buyers on the market”

Finland Finland — Cushman & Wakefield acquires its Finnish affiliate to fully integrate the operations. Janne Eriksson, Chairman of Cushman & Wakefield Finland, tells Nordic Property News about the change, the opportunities that open up and about the state of the Finnish market.
NCC divests Våghuset (pictured) and Brick Studios in Gothenburg.

NCC sells two properties to Alecta Fastigheter for EUR 189 million

Sweden Sweden — NCC is selling the Våghuset and Brick Studios office projects to Alecta Fastigheter. The properties lie next to each other on Masthuggskajen in central Gothenburg. The transaction price is SEK 2.2 billion (EUR 189 million).
Wallenstam signs leases in Gothenburg.

Wallenstam rents out office space totaling 1,500 sqm in central Gothenburg

Sweden Sweden — Wallenstam has recently completed several office lettings in central Gothenburg, which is filling the city's attractive locations with new, dynamic businesses. Approximately 1,500 square meters of office space in inner city locations has recently been let to companies with specialist expertise in IT, digital marketing, streetwear and psychology.
Skanska to build a data center in Telemark.

Skanska signs additional contract to build a data center in Telemark

Norway Norway — Skanska has signed a contract with WS Computing AS to build the core and shell for a new data center facility at Gromstul in Skien municipality.
Rikke Lykke.

Rikke Lykke on the divestment to Fokus Nordic: "One of the largest players within its field"

Denmark Denmark — A major transaction takes place in as Montagu agrees the sale of DEAS Asset Management Group to Fokus Nordic. Rikke Lykke, Group CEO of DEAS, tells Nordic Property News about the state of the company Fokus Nordic is acquiring, her time at DEAS and the work on divesting the two companies, and about what awaits herself following the closing of the transaction.
Titania's CEO Einar Janson and the upcoming project at Huddinge Station.

Titania buys 416 from Klövern: "It doesn't hurt that the outlook is better"

Sweden Sweden — On Wednesday, Titania announced that after long negotiations they had reached an agreement with Klövern regarding a future acquisition. 416 homes in a legally approved zoning plan at Huddinge station, outside Stockholm. CEO Einar Janson shares their ambitions for 2025 and the conditions for further acquisitions.
Revelop makes acquisition in Stockholm.

Revelop acquires Stockholm Urban Industrial Asset in distressed deal

Sweden Sweden — Revelop has aquired an urban industrial asset in the Stockholm area from the bankruptcy estate of Oscar Properties.
Stockholm.

Bob W enters Sweden

Sweden Sweden — Bob W to operate across all Nordic capitals after securing first Stockholm property.
Bonava to sell project comprising 194 rental apartments in Berlin.

Bonava sells in Berlin

Sweden Sweden — Bonava is selling and starting production of a project comprising 194 rental apartments in Berlin to a Berlin-based company. The total value of the transaction is EUR 45 million, and the buyer finances the project, why cash flow is positive from the start. The start of production constitutes the first phase of the new Gartenstadt Karlshorst district, where Bonava will construct some 500 housing units over time.