Image
Image
Jussi Niemistö. The image is a montage.

Foreign capital eyes the Finnish market

Finland Finland — After a few lean years, the Finnish real estate market is set for growth and attracts international capital in 2026, according to CBRE’s Finland Real Estate Market Outlook 2026. Jussi Niemistö, Senior Director and Head of Research, Nordics, tells Nordic Property News about the reasons behind the turn-around, the foreign capital that’s targeting the Finnish market and what segments and geographies are in demand.
TOP 4 Nordic
Ilija Batljan, CIO, Public Property Invest.
Nordic Nordic —
The Nordic investment plans for Public Property Invest
Erik Selin, CEO of Balder.
Nordic Nordic —
“I don’t think we will buy from Pandox”
Peter Wallin, CEO, and Jon Johnsson, CFO, at Bonava.
Nordic Nordic —
“We are really pleased with Bonava's regional exposure”
David Mindus, CEO of Sagax.
Nordic Nordic —
Sagax acquires seven properties
This year's Mipim will be held 9–13 of March.

They send the most Norwegian participants to Mipim

Norway Norway — Mipim is just a month away and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. Today the participants from Norway gets the limelight.
Varma sells its housing portfolio to Kojamo.

Kojamo acquires Varma's housing portfolio in blockbuster transaction

Finland Finland — The portfolio consists of 60 residential properties that have combined 4,761 apartments. The debt-free transaction price is approximately EUR 900 million. Through the transaction Varma becomes a significant shareholder in Kojamo
Manne Aronsson.

Aspelin Ramm Fastigheter expands in Gothenburg

Sweden Sweden — Aspelin Ramm Fastigheter has acquired the property Göteborg Amhult 107:4 in Torslanda in Gothenburg. The site covers 4,588 square metres and includes a fully leased industrial building measuring 2,300 square metres. The property is located adjacent to the Amhult transport hub, where Aspelin Ramm Fastigheter already owns properties.
A number of Swedes will participate in this year's Mipim.

The companies that send the most Swedish participants to Mipim

Sweden Sweden — Mipim is just a month away and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. First out are the participants from Sweden.
Johanna Skogestig, CEO of Vasakronan.

Skogestig: “We will make letting a shared priority throughout the organization”

Sweden Sweden — Vasakronan is still struggling with rising vacancies in its portfolio and at the end of 2025, it noted a vacancy rate of 12.3 percent, an increase of 1.4 percentage points compared to 2024. At the same time, the company has agreed on new leases of 140,000 square meters during the year, but that still does not stop net leasing from landing in the red for the second year in a row, -168 million compared to -214 million in 2024. “Office vacancies in the market are high and many companies are cautious in their decisions,” says CEO Johanna Skogestig to Nordic Property News.
Rasmus Greis.

Copenhagen Capital makes new acquisition

Denmark Denmark — Copenhagen Capital enters into binding agreement to acquire a property located at Dag Hammarskjölds Allé 13 in Copenhagen.
One Appold Street.

Skanska builds major commercial office building in London

Sweden Sweden — Skanska has signed a contract with British Land and GIC, as part of the Broadgate joint venture, to deliver the full construction and mechanical & electrical services installation of One Appold Street in London, UK. The contract is worth GBP 273M which will be included in order bookings for Europe for the first quarter of 2026.
Ilija Batljan, CIO, Public Property Invest.

The Nordic investment plans for Public Property Invest

Nordic — CIO Ilija Batljan tells Nordic Property News: "All four Nordic countries are familiar markets for us."
Erik Selin, CEO of Balder.

“I don’t think we will buy from Pandox”

Nordic — Erik Selin delivered his penultimate earnings presentation as CEO of Balder and shared his views on share buybacks, the evaluation of acquisition opportunities, and the potential acquisition of the Pandox portfolio reportedly available on the market.
The Kristiansand Police Headquarters.

Capman buys from Bane NOR Eiendom

Norway Norway — Capman Real Estate acquires the Kristiansand Police Headquarters from Bane NOR Eiendom.
Nordisk Renting acquires Scania's Finnish HQ in a sale-and-leaseback deal.

Nordisk Renting acquires Scania's Finnish HQ

Finland Finland — Nordisk Renting extends cooperation with Scania by acquiring a brand-new truck service centre, fully let to Scania, through a sale-and-leaseback-transaction.
Björn Danckwardt-Lillieström.

Neobo’s Nomination Committee proposes Björn Danckwardt-Lillieström as new Board member

Sweden Sweden — The Nomination Committee of Neobo Fastigheter proposes the election of Björn Danckwardt-Lillieström as a new member of the Board of Directors of Neobo at the Annual General Meeting to be held in Stockholm on 22 April 2026.
Bent Oustad.

“We are working around the clock to reduce vacancy rates”

Sweden Sweden — The vacancy rate continues to increase for Fabege, which has now reached 14 percent vacancies in its portfolio, up from twelve percent at the end of 2024. The newly appointed CEO, Bent Oustad, is clear that vacancies must be reduced and that the company must, above all, secure more large lease agreements during 2026 – something it did not manage to achieve at all in 2025.
Peter Wallin, CEO, and Jon Johnsson, CFO, at Bonava.

“We are really pleased with Bonava's regional exposure”

Nordic — Bonava has just submitted its report for the fourth quarter of 2025. In it, the company reports both increased sales and operating profit in the fourth quarter compared to the same period the previous year. CEO and President Peter Wallin and CFO and Deputy CEO Jon Johnsson presented the report on Wednesday. – Customers' purchasing behavior has improved on all parameters, says Peter Wallin.
Verdion extends Danish pipeline with EUR 69 million urban logistics plans.

Verdion acquires in the Greater Copenhagen area

Denmark Denmark — Verdion has further extended its Danish development pipeline with the off-market acquisition of a value-add opportunity in the Greater Copenhagen area for its second European Logistics Fund (VELF 2).
Amanda Thynell.

Amanda Thynell leaves Catena

Sweden Sweden — Amanda Thynell, Head of sustainability at Catena since 2022, has decided to leave the company to take on new professional challenges in the field of sustainable community development.
The property Vindkraften 2.

Stendörren signs new lease in Stockholm

Sweden Sweden — Stendörren signs a seven-year lease agreement for a newly built light industry building of 1,900 sqm in Skrubba in Stockholm.
Fabege are scrapping three new office buildings in the Arenastaden area in Solna close to Stockholm.

Fabege's extensive downsizing – three new office buildings are being scrapped

Sweden Sweden — The heavyweight's major investment in offices in Arenastaden is being reduced considerably - instead of four new office buildings with approximately 60,000 square meters of space, there will now be only one building and 15,000 square meters. The plans for 150 new homes are also not going forward.

Areim exec exits the company

Nordic — Bids farewell after ten years in Senior positions.
David Mindus, CEO of Sagax.

Sagax acquires seven properties

Nordic — Sagax has through seven separate transactions acquired seven properties for the equivalent of SEK 635 million. The properties comprise 58,400 square metres of lettable area and 92,200 square metres of freehold land.
Logistea makes acquisition from Real Fastigheter.

Logistea buys property in Karlskrona

Sweden Sweden — Logistea acquires property in Karlskrona, with NKT as the largest tenant, with an underlying property value of SEK 216 million.
Hotel property in Helsinki sold.

Juho Vainio Foundation sells hotel property in Helsinki

Finland Finland — Juho Vainio Foundation has sold a hotel property located in Helsinki. Catella acted as the seller’s advisor in the transaction.
Henrik Bastman.

Following the acquisitions in Finland – Storebrand Real Estate looks at new opportunities

Nordic — Storebrand Real Estate has completed another major acquisition in Finland through its SNRE II fund. Henrik Bastman, Portfolio Manager for SNRE II and Head of Storebrand Real Estate Sweden, discusses the pace of investments, the status of the Finnish residential market, and the geographical areas and segments being evaluated for future acquisitions for the fund.
Dorotea Stellmach.

Athena Fastigheter to accelerate growth in 2026

Sweden Sweden — In October last year, Dorotea Stellmach assumed the role of CEO of the social infrastructure real estate company Athena Fastigheter, which primarily focuses on social infrastructure such as elderly care homes, LSS housing, and schools. She tells Nordic Property News about her initial period as CEO, ambitions for 2026, the company’s approach to the transaction market, and the future development of its portfolio.