Daniel Gorosch.

How new CEO Daniel Gorosch wants to rebuild Catella

Sweden Sweden — At the beginning of the 2023, Daniel Gorosch announced that he was leaving the assignment as CCO at Colliers, a role he took after the acquisition of Pangea. Now he has taken the step into one of Catella's CEO chairs and sees great opportunities to rebuild the company's market share in the current market situation.
Mattias Johansson.

The real estate industry late with sustainability reporting despite EU requirements

Sweden Sweden — The EU's taxonomy regulation, which determines when a business is sustainable, comes into effect on January 1, 2024, and the sustainability reporting directive, CSRD, becomes law in Sweden on January 1, 2025. Nevertheless, very few real estate companies have begun to prepare for the transition. According to Mattias Johansson, partner and auditor at KPMG, they run the risk of being cought off guard when the law comes into effect. His message to the industry is clear: “It's time to raise the issue now!”

Fredrik Svensson leaves SBB's Board of Directors

Nordic — The board member Fredrik Svensson has informed the Board of Directors of SBB that he will leave his position in SBB. Fredrik Svensson has been a member of the board since 2018, representing one of SBB’s largest shareholders, Arvid Svensson Invest.
Johan Knaust, CEO of K2A.

K2A sells Umeå property

Sweden Sweden — K2A Knaust & Andersson Fastigheter is selling its Umeå Äppellunden 1 property to Bantorget Hyresbostäder. The sale is taking place at an underlying property value of SEK 135.7 million (EUR 11.6 million), which corresponds to 99.8 percent of the book value as of the latest interim report.
Erik Skalin.

Erik Skalin appointed new Business Area Director for leasing at Atrium Ljungberg

Sweden Sweden — Erik Skalin will take over as the new Business Area Director for leasing and join the Atrium Ljungberg executive management team. He comes from JLL, where he was the Head of Agency and responsible for the consulting operations leasing, tenant representation and corporate account management.
Mikael Söderlundh, head of research at Colliers.

Colliers' expert: Why real estate stocks are climbing right now

Nordic — After a longer sour period, real estate shares are currently doing very well on the stock market and the sector has had an upswing of over 20 percent. Nordic Property News takes the help of Colliers head of research Mikael Söderlundh to get a handle on what is driving the positive trend right now, what the upswing means for the outlook on the real estate sector and how the companies will act in 2024 following the Riksbank's and the Financial Supervisory Authority's calls for, among other things, more sales.
Daniel Hummel.

"There are still investors with a lot of capital who will continue to invest in 2024"

Sweden Sweden — CBRE strengthens its advisory operations with Daniel Hummel as new CEO of the Swedish operations. He tells Nordic Property News about the new position at CBRE, the return to the real estate industry and gives his view on the transaction market in 2024.
Daniel Gorosch.

Catella appoints Daniel Gorosch as new MD of Corporate Finance Sweden

Sweden Sweden — Catella appoints Daniel Gorosch as new Managing Director of Corporate Finance Sweden. Current Managing Director Jacob Bruzelius will thereby whole-heartedly focus on the company’s successful offering within Debt Capital Markets.

Wihlborgs secures new tenant to Börshuset in Malmö

Sweden Sweden — Malmö-based conference operator High Court will conduct restaurant, conference and co-working operations at Malmö Börshus (Börshuset 1) when the building opens its doors in 2025 after comprehensive renovation work.
Niklas Sparw and Helena Hed.

NCC appoints two new Heads of Business Areas

Sweden Sweden — NCC has appointed new leaders for two business areas. Niklas Sparw will become new Head of NCC Building Sweden. He is currently division manager within NCC. Helena Hed will become Head of the new business area NCC Green Industry Transformation. She is currently CEO of the listed consulting group Projektengagemang. Both will join NCC’s Senior Management Team.
The top transactions in the Nordics in November.

November 2023: The Nordic top transactions

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in November, 2023.
Heikki Vuorenmaa.

YIT's way through the construction crisis

Finland Finland — Heikki Vuorenmaa, President and CEO of YIT, tells Nordic Property News about the challenging housing market, what measures that have to be done, and how to act, going forward.
Niam acquires property on Fleminggatan in central Stockholm.

Niam acquires office property in central Stockholm

Sweden Sweden — Niam has signed an agreement to acquire the office property Smultronet 6 on Fleminggatan in central Stockholm from Union Investment. The property comprises approximately 11,000 square meters of leasable space and was previously mostly occupied by HSB, which vacated before the summer. Niam will now develop the property into modern office solutions, contributing to the continual positive development of office spaces on Kungsholmen.
Kestutis Sasnauskas, CEO of Eastnine.

New business plan for Eastnine – only office properties in focus

Nordic — Eastnine’s board has adopted a new business plan. Poland and the Baltics remain to be prioritized markets, as well as the overall target of an attractive total return to shareholders. Eastnine's ambition is to grow the property portfolio, provided that the growth contributes to increased profitability.
Joachim Kuylenstierna.

Joachim Kuylenstierna steps down as CEO of Fastator

Sweden Sweden — The board of Fastator announces that Joachim Kuylenstierna is leaving his post as CEO of the company. In connection with his departure, the board has decided to appoint Björn Rosengren, current chairman of the board, as acting CEO until a more permanent solution is found. At the same time Fastator announces that no irregularities have been found in the internal investigation regarding Joachim Kuylenstierna that has been conducted by independent lawyer Björn Wendleby.
Henrik Gerdin, Fund Manager at Niam.

Niam turns its eye towards logistics with major acquisition: "Seriously entering the segment"

Nordic — Through the deal with Savills IM, Niam is seriously entering the logistics market. The company's fund manager, Henrik Gerdin, tells Nordic Property News what the acquired portfolio means for the investment, what they look for in new logistics acquisitions, which markets they look at, and how he sees the logistics market in the Nordics.

Geopolitical tension and it's effect on investments in the hotel market

Nordic — Where does the hotel capital come from and how does it move in the global market? When the JLL manager summarize how geopolitics affects how capital moves, there are a number of different markets to keep an eye on.
Pictet makes acquisition in Halmstad from OOF Group and Eleiko.

Pictet acquires logistics property in Halmstad

Sweden Sweden — Pictet Alternative Advisors has completed the acquisition of a newly built logistics property in Halmstad. The property comprises approximately 18,300 square meters of logistics space of institutional quality. The acquisition was completed for Pictet's Core Plus strategy.
Susan Strömbäck.

Susan Strömbäck appointed new business area manager for office Stockholm City at Vasakronan

Sweden Sweden — Susan Strömbäck, currently a property developer at Vasakronan, will be the new business area manager for the Stockholm City business area. She will take up her new role on 1 February 2024.
Rutger Arnhult, CEO of Corem.

Corem signs long term-lease in New York

Sweden Sweden — Corem has signed a lease contract with AC Hospitality for 353 sq.m. of the project property 28&7 in New York. The tenant, that will run a restaurant and sports bar at 28&7, will move in during the third quarter of 2024 and the lease term is 15 years.

Keyplayer leaves JLL

Nordic — Leaves JLL after four years to return to a former employer.
Jessica Löfström.

The dark side of the real estate industry: "A million people can be working here illegally"

Sweden Sweden — The use of illegal labor may be much greater than previously thought. According to Jessica Löfström at Ansvar Säkerhet, as many as one million people can work in Sweden illegally, without security and with low wages. Nordic Property News has had to take part in the shocking figures.
Hyllie terrass.

Skanska divests office building to its own investment company

Sweden Sweden — Skanska Commercial Property Development Nordic has divested the office building Hyllie Terrass in Malmö, Sweden, to Skanska Investment Properties for about SEK 730M after deduction of remaining investments and deferred tax.
Daniel Hummel.

CBRE appoints new CEO for its advisory operations in Sweden

Sweden Sweden — CBRE has recruited Daniel Hummel as CEO of the advisory business in Sweden at CBRE. He joins CBRE from Stockholm Corporate Finance.