Charles-Nicolas Tarrière, Paul Hampton and Kevin Muscat launch Evonite.

Performance matters over AUM Growth as experienced real estate trio launch new partnership

Nordic — Paul Hampton, Charles-Nicolas Tarrière and Kevin Muscat have regrouped to launch Evonite, after previously working together at Rockspring Property Investment Managers and Patrizia.

Ikea scraps plans for extensive expansion on Malmö property

Sweden Sweden — 41,000 square meters of offices, center operations and parking will be scrapped when the furniture giant rethinks project. Nordic Property News takes a closer look at the project.
JM sells in Järfälla.

JM sells rental property in Järfälla

Sweden Sweden — JM has signed an agreement for the sale of a rental property located in Järfälla, Stockholm. The transaction amounts to SEK 497 million (EUR 45 million).
Northvolt sells Borlänge where they planned to open a battery factory.

Northvolt pulls out of factory plans in Borlänge – sells 900,000 sqm

Sweden Sweden — Swedish battery manufacturer Northvolt has chosen to scrap its plans to open a factory in Borlänge. The company will also sell the land in Kvarnsveden where the factory was planned, writes Dagens industri (DI).
Capman acquires residential project.

Capman makes residential acquisition in Stockholm

Sweden Sweden — Capman Residential Fund makes its second investment in Sweden through the acquisition of a forward funding project in Ursvik, Sundbyberg, just North of Stockholm.
Logistea's CEO Niklas Zuckerman. The image is a montage.

How the new logistics giant want to take advantage of its size: "The position is strengthened"

Nordic — A "new" actor enters the Nordic logistics markets when Logistea and KMC Properties merge and form one of the Nordics' largest listed logistic real estate companies under the name Logistea. Niklas Zuckerman, CEO of the company, tells Nordic Property News about the decision to merge the companies, the position the new company will get in the market, the advantages that come with becoming a clearer Nordic player, and how hey view the portfolio that the new Logistea will have at its disposal .
Emma Kuzmina.

Technopolis makes divestments in the Baltics – increases its Nordic focus

Nordic — Technopolis wants to increase its focus on its Nordic core markets and is therefore adjusting its geographical presence through two divestments in the Baltic region. Through this, they want to concentrate resources and investments in the Nordic region, where the company sees the greatest potential for growth. Nordic Property News has spoken to Emma Kuzmina, Chair of the Board of Technopolis, who describes the strategy and thinking behind the sale.
Thomas Holm in front of Bromma Blocks.

Svenska Handelsfastigheter buys Bromma Blocks from CBRE IM

Sweden Sweden — Svenska Handelsfastigheter has entered into an agreement with CBRE IM on the acquisition of Bromma Blocks for SEK 1.173 billion (EUR 101 million). The acquisition includes five properties with a total lettable area of ​​just under 57,500 square meters and a well-located building right of approximately 50,000 square meters.
Verdion buys from Corem.

Verdion makes new Gothenburg acquisition

Sweden Sweden — Verdion buys a 44,000 square meter property in the Backa district of Gothenburg from Corem.
Lars Jensen.

Lars Jensen appointed new City Architect in Copenhagen

Denmark Denmark — The new City Architect for the City of Copenhagen has been appointed. Lars Jensen takes office on Monday September 2nd.
Oscar Properties.

Oscar Properties appoints new CEO: "The company must be saved"

Sweden Sweden — Oscar Properties' new CEO Richard Bagge gives a few brief comments to Nordic Property News about his new role as CEO and board member in the pressured property company. Among other things, there is new hope around the company's attempt to achieve a reconstruction. CFO Magnus Thimgren adds some additional answer regarding the situation for the company.

Key-player leaves Citycon

Nordic — Bids farewell to the company after nearly six years.
Maria Sahlén.

Nordika appoints Maria Sahlén as new CFO

Nordic — Nordika announces the appointment of Maria Sahlén as its new Chief Financial Officer. She brings over 20 years of financial leadership experience to Nordika, poised to strengthen Nordika's capacity to manage fund operations with institutional investors from multiple jurisdictions.
Juhani Erke.

Capman announces strategic promotions and new role to bolster Nordic asset management

Nordic — Capman Real Estate makes key organisational enhancements including the introduction of a new leadership role to streamline Nordic asset management operations and support continued expansion.
The Västerås train station.

Jernhusen sells its share in the Västerås train station

Sweden Sweden — Jernhusen is selling its share of Västerås station in order to simplify development in the area. The sale means that the city of Västerås takes over the operation of the joint company Västerås Central AB. A letter of intent between Jernhusen and the city, which clarifies the long-term ambition to be followed in the future as well, has been signed.
Peter Wallin, CEO Bonava.

Peter Wallin on Bonava's investment in Germany: "Germans are more forward-thinking"

Sweden Sweden — Bonava is, as we learned last week, starting production of around 180 homes in Germany. It is the regions of Berlin, Rhine-Main, North Rhine-Westphalia and Saxony that will be the stage for the current production starts, which are expected to be completed in 2025 and 2026. Nordic Property News has spoken to CEO Peter Wallin, who tells us more about the German investment.
Oscar Engelbert, founder and former CEO of Oscar Properties.

In midst of the crisis – Oscar Properties to elect new board

Sweden Sweden — It has been a busy two months for Oscar Properties, which teetered close to bankruptcy and had its restructuring application rejected twice with reference to the fact that the board is not in a decision-making body as it now only consists of the company's founder Oscar Engelbert. He, in turn, sees this as the company becoming "rulerless" and has called for an extra general meeting to be held today with the aim, among other things, of electing a new board and chairman. Nordic Property News takes a closer look at the twists and turns at a company in crisis.
Base Gruppen sells K8 in Stavanger.

Base sells Stavanger property to Storebrand

Norway Norway — Base sells K8 in Stavanger to Storebrand for just under NOK 1.1 billion (EUR 96 million).
Leiv Synnes, CEO of SBB.

The splits of SBB Kåpan Bostad and Unobo are completed

Sweden Sweden — SBB announces that the splits of SBB Kåpan Bostad and Unobo are completed.
Johan Knaust, CEO of K2A.

K2A sells in Luleå

Sweden Sweden — K2A Knaust & Andersson Fastigheter sells the properties Luleå Glidet 1 and Luleå Vallan 1 to HSB Norr. The sale takes place at an underlying property value of a total of SEK 330 million, and after repayment of bank loans, approximately SEK 108 million in liquidity is released.
Jouko Lehtonen.

"There is a growing interest from non-Nordic investors"

Nordic — CBRE strengthens its Industrial & Logistics team and promotes Jouko Lehtonen to Head of Industrial & Logistics, Advisory, Nordics. He tells Nordic Property News about the change and his new role, the goals for the business area, the interest from non-Nordic investors look like for Nordic logistics and how he sees the Nordic logistics market developing in the future.
On the left is the design of the new proposal seen from the Södra Vägen/Berzeliigatan intersection. On the right, an aerial photo with a model of the building according to the new proposal.

In pictures: Serneke's new vision for Cirkustomten

Sweden Sweden — Third time's the charm for Serneke who, in collaboration with Semrén & Månsson and Mareld arkitekter, has now produced a new proposal for the design of the much-talked-about Cirkustomten in central Gothenburg. See the illustrations and read more about the project that Serneke has been working on since 2016 when the land was first granted to the company.

Merger between Logistea and KMC Properties

Nordic — Logistea and KMC Properties have entered into an agreement whereby Logistea will combine with KMC Properties by acquiring all of the operations in the KMC Properties group through payment in newly issued shares.
Frida Tosterud Grov.

Frida Tosterud Grov promoted as Head of Capital Markets Norway at Colliers

Norway Norway — Frida Tosterud Grov has been promoted to the position as Head of Capital Markets Norway at Colliers.
Premico and Fira have agreed on the construction of a rental apartment building in Postipuisto, Helsinki.

Premico and Fira agree on construction of a rental apartment building in Postipuisto

Finland Finland — Premico Residential Fund III and construction service company Fira have agreed on the construction of a high-quality non-subsidised rental apartment building in Postipuisto, Helsinki. Fira will execute the As Oy Helsingin Postinkulku project on a turnkey basis as a design-build contract.