Vacant seats need filling.

The hottest vacant positions on the Nordic markets

Nordic — Several CEO positions need to be appointed by the Nordic real estate companies – Nordic Property News has taken a closer look at some of the industry's hottest vacant seats.

Decreases SLP holdings substantially

Sweden Sweden — Divests large portion of SLP holdings and drops down the list of largest owners.
Kristina Sawjani.

Castellum sells in Stockholm

Sweden Sweden — Castellum is selling four properties in the Smista district of southern Stockholm to Altira AB. The total sale price is approximately SEK 280 million (EUR 26 million), before deductions for overheads and deferred tax totalling approximately SEK 10 million (EUR 0.9 million). The sale price is in line with the carrying amount.
Malmö.

Logistri enters the Malmö market

Sweden Sweden — Logistri makes its first acquisition in Malmö.
Corem signs new lease in the Time Building in Kista.

Corem signs new lease in Kista

Sweden Sweden — Corem has signed a three-year lease agreement with the global outsourcing company Transcom regarding a 1,067 square meter office space in the property Borgarfjord 4 in Kista, Stockholm. Access is planned for the first quarter of 2025.
Katrin Wallensjö, Head of Analysis at Svefa.

The winners and losers in the Swedish residential real estate market

Sweden Sweden — A lot can happen in two years. From the headlines about free fall, notices, construction stops and an unprecedented housing shortage, the messages about acquisitions and construction starts are now beginning to return. However, the transaction volumes for the residential segment have some way to go before peak levels are back. Katrin Wallensjö, Head of Snalysis at Svefa, gives her view of what creates investment interest, the opportunities and challenges that continue to await the segment.
Ulrica Sjöswärd, Eva-Lotta Stridh, Mads Skaarup and Farid Shawkat.

The Nordic top recruitments in Q3

Nordic — Several key-positions on the Nordic real estate market got filled during the third quarter of 2024. Nordic Property News takes a closer look at the hottest Nordic recruitments in Q3.
28&7.

Corem signs new lease in Manhattan building

Sweden Sweden — Corem signs lease contract in New York with Swedish Epidemic Sound.
Erik Hävermark.

Sveafastigheter drops slightly on the first day of trading

Sweden Sweden — Trading in Sveafastigeter's shares began on Friday morning. A few hours after the stock market opened, the share had fallen slightly downwards and was traded at SEK 38.85, a decrease of approximately 1.6 percent.
YIT to execute an apartment building for TA-Asumisoikeus Oy in Niemenranta, Tampere.

YIT to execute an apartment building for TA-Asumisoikeus

Finland Finland — YIT and TA-Asumisoikeus Oy have signed an agreement on the construction of an ARA-funded eight-storey apartment building project named Asumisoikeus Oy Suvialankaari 1 in Niemenranta area, Tampere. The right-of-occupancy dwellings contracted to TA-Asumisoikeus are part of YIT's Niemenranta regional project. The value of the contract is approximately EUR 9 million and it will be recorded in the order book of the last quarter of the year.
Jakob Fyrberg, CEO of Emilshus.

Emilshus ready for more acquisitions this fall

Sweden Sweden — During the third quarter, Emilshus has grown in Kalmar and Norrköping – but they have no intention of slowing down. CEO Jakob Fyrberg says that they are ready for new acquisitions and elaborates on what type of properties they are looking for, which areas they want to grow in and why it has become more challenging to find the right deals.
Andreas Wallström, head of prognosis at Swedbank.

This distress in Swedish economy is cause for concern

Sweden Sweden — What will affect the Swedish economy going forward and will the households' thicker wallets really have any effect on it. Andreas Wallström, head of prognosis at Swedbank, thinks that two numbers are particularly seriously.
SPG buys in Drammen.

SPG buys new development property in Drammen

Norway Norway — Scandinavian Property Group strengthens its position as a major developer in Drammen with a new development property at Hotvet in Drammen. The plot is part of the development along the riverbank in Drammen and will complement and beautify the area. About 115-120 homes are planned, a combination of apartments and terraced houses.
Jyväskylä Lahjaharjuntie.

Aedifica announces two new projects in Finland

Finland Finland — Aedifica has completed five projects from the investment program in Q3 2024 and adds two new projects in Finland: The development of a care home for elderly people in Jyväskylä and a child day-care centre in Kokkola.
Prisma CEO, Fredrik Mässing.

Prisma Properties signs long lease agreement with Lidl for new store development in Uppsala

Sweden Sweden — Prisma Properties has signed a 10-year lease agreement with Lidl for the development of a new 2,200 square meter store on Kungsgatan in central Uppsala. This will be Lidl’s fourth store in the city, with plans to open in 2025.
Benjamin Thorsen, CEO of Kinland.

After the additional investments: These are Kinland’s Nordic investment targets

Nordic — CEO Benjamin Thorsen: “We target all Nordic countries, but these markets are of the greatest interest to us.”
Johanna Hult Rentsch.

"Quite a lot of activity in central Gothenburg"

Sweden Sweden — A limited future stock means that vacancy rates in Gothenburg look set to dip in the future, Platzer CEO Johanna Hult Rentsch believes. In connection with the presentation of the company's Q3 report, she gave her view on the office market in central Gothenburg and pointed to a particular area where activity is expected to be high in the coming years.
Intea acquires from JPA.

Intea makes large acquisition in Gothenburg

Sweden Sweden — Intea has entered into an agreement with JPA Fastigheter regarding the acquisition of a police facility in western Gothenburg. The site is being converted into a state-of-the-art training and exercise facility for the Police Agency. The leasable area is estimated to be approximately 22,000 square meters after completed new and remodeling projects.
Erik Hävermark.

No dividend in the near future for Sveafastigheter's shareholders

Sweden Sweden — The property company Sveafastigheter is to be listed on First North on Friday 18 October, following a sell-off by SBB, which is selling 44 percent of the shares. But the dividend may be delayed.
The property Filmremsan 9 in Högdalen, Stockholm.

Stendörren signs new lease agreement in Stockholm

Sweden Sweden — Stendörren signs lease agreement in Högdalen, Stockholm, regarding premises covering approximately 4,500 sqm with a term of nearly 11 years.
Hampus Brodin.

Returns with a new company: "Relatively few buyers of these assets"

Sweden Sweden — After the sale of the Alta Fastigheter portfolio, Hampus Brodin is back with the new company Atlas Industrihus. He tells Nordic Property News about the first acquisitions with the company, the growth plans, the green investment strategy in the company and how to take advantage of the current market situation.
Peter Jangbratt.

How Scandic wants to fill the gap in the market – and in the office buildings

Sweden Sweden — Scandic recently opened its second hotel in the economy segment. This time at Kungsholmen, with Pandox as landlord. Recently it was also clear that they will open at Castellum in Gothenburg and Umeå will also see an establishment at Diös. Peter Jangbratt, Managing Director in Sweden, tells Nordic Property News how they aim to keep a high pace now in the continued establishment.

Kinland makes three investments in the Nordics

Nordic — The transaction comprise one preschool property in each of Sweden, Norway and Finland, all of which are newly built and let to a leading operator on long-term triple-net lease agreements.
Prisma CEO, Fredrik Mässing.

Prisma Properties acquires in Östhammar

Sweden Sweden — Prisma Properties acquires property in Östhammar – signs long lease agreement with Dollarstore.
Jens Nagel.

Hemsö and ARE develop municipal school in Cologne

Sweden Sweden — Hemsö and ARE have entered into a joint venture to develop a new municipal school in central Cologne. The school will have a lettable area of 23,000 square meters, accommodating 1,000 students aged 11 to 18. A 25-year lease agreement has been signed with the City of Cologne. The investment amounts to EUR 160 million.