Jacob Karlsson, CEO of K-Fastigheter.

Jacob Karlsson on Gothenburg growth and divestments in Denmark

Sweden Sweden — K-Fastigheter's CEO Jacob Karlsson sees the Gothenburg market as the most important for the company in the coming years. For Nordic Property News he explains why the company wants to focus on the country's second largest city, how to grow and why now is a golden opportunity to sell assets in Denmark.

The companies with the highest occupancy rates

Nordic — Nordic Property News presents a list of the current occupancy rates among the listed Nordic real estate companies.
The property Druvan 6 in Stockholm.

Folksam signs new lease in central Stockholm

Sweden Sweden — Folksam Fastigheter has signed a new lease agreement with Relex Solutions for 1,107 square meters of office space in the property Duvan 6 in central Stockholm, and occupancy will take place in February 2025. The property Duvan 6 is located at Klara Södra Kyrkogata 1, near Central Station and is owned by KPA Pension, which is part of Folksamgruppen.
Johan Eklund.

Svenska Handelsfastigheter recruits from NP3

Sweden Sweden — Svenska Handelsfastigheter strengthens the organization by recruiting Johan Eklund as regional manager North.

IWG opens new workspace in Stockholm

Sweden Sweden — IWG is opening a so-called Regus center at the address Hagsätra Torg 13. The center will contain coworking spaces, private offices, meeting rooms and creative spaces. The opening follows a partnership agreement with building owner Ikano Bostad, which has invested in the IWG platform.
Oscar Properties.

Oscar Properties denied corporate restructuring again

Sweden Sweden — On Monday a bankruptcy hearing was held regarding Oscar Properties and the district court informs Nordic Property News that no decision on bankruptcy was made. However, Nordic Property News can reveal that the company's second application for corporate restructuring has been rejected by the district court, on similar grounds as the first application.

The companies with the lowest ICRs

Nordic — Nordic Property News presents a list over the Nordic listed companies with the lowest Interest Coverage Ratios by Q1 2024.

KKR to acquire purpose-built student accommodation assets in Denmark

Denmark Denmark — KKR announces the acquisition of high- quality, Purpose-Built Student Accommodation (PBSA) assets in Greater Copenhagen from TPG Angelo Gordon.
The property Litografen 8 in Eskilstuna.

SLP takes ownership of logistics property in Eskilstuna

Sweden Sweden — SLP announced in April that it had signed an agreement to acquire the property Litografen 8 in Eskilstuna, which, including building rights, has a total area of approximately 59,000 square meters. The transaction was conditional on the Swedish Strategic Products Inspectorate having made a decision to approve or leave the investment made through the acquisition without action, which is now complete.
NCC builds in Denmark.

NCC to refurbish 400 apartments in Ringsted

Denmark Denmark — NCC has been commissioned by Ringsted Almene Boligselskab and DAB to renovate eight residential blocks with a total of 400 apartments in the Sönderpark residential area in the Danish city of Ringsted.
The latest Nordic divestment by Tritax Eurobox was a property located by the port of Gothenburg.

Tritax Eurobox's view on the Nordics after the new divestment

Nordic — Tritax Eurobox continues its divestment program and sells another property in Sweden. After selling two of its four Swedish assets within six months, Alina Iorgulescu, Investment Director at Tritax Eurobox, tells Nordic Property News how the company sees the Nordic markets going forward.

The highest LTVs in the Nordics

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies had by Q1 2024.
Oscar Properties.

Oscar Properties submits new application for corporate restructuring

Sweden Sweden — Oscar Properties submits a new application for corporate restructuring because the previous application was rejected.
Elias Georgiadis, CEO of Stenhus.

Stenhus divests properties through three separate transactions

Sweden Sweden — Stenhus Fastigheter has entered into an agreement for the sale of six properties and sold and resigned one property, indirectly through a number of company transactions. The total underlying property value is SEK 172 million.
Nivika makes acquisitions in Ulricehamn.

Nivika acquires two commercial properties in Ulricehamn

Sweden Sweden — Nivika has acquired two commercial properties, with light industry, in Ulricehamn with a total of 7,300 square meters of lettable space.
Max Qwarnström.

A shift on the Swedish community property market: "More sellers"

Sweden Sweden — RE Equity Omsorg takes a big step on the way towards its growth target by acquiring community properties for SEK 800 million. CEO Max Qwarnström tells Nordic Property News about the new acquisition, how to reach the goal of approximately SEK 3 billion in property value within two years, where and with what type of properties they want to continue growing and about the changed competitive situation within the community property segment.
Robert Boije, Chief Economist at SBAB.

"Could be seven difficult years for the residential market"

Sweden Sweden — Darkness and hints of light are what the bank SBAB's Chief Economist Robert Boije sees when he looks out at the residential market in Sweden. But the fact that the Swedish central bank, Riksbanken, has now lowered the interest rate is one of the pieces for positive signs for residential developers.
Kongssentret in Kongsvinger.

Citycon divests Kongssenteret in Norway

Norway Norway — Citycon has signed an agreement to sell Kongssenteret in Kongsvinger, Norway. The sales price is close to the latest IFRS fair value of the asset. The transaction is estimated to close by the end of May.
Anna Jepson.

Anna Jepson appointed as the new CFO of Atrium Ljungberg

Sweden Sweden — Anna Jepson will assume the role of new CFO on December 1 2024. She joins the company from Besqab where she has been CFO.

Kåpan Pensioner and AP4 buy Länsförsärkringar's share in Svenska Handelsfastigheter

Sweden Sweden — Svenska Handelsfastigheter's major owners Kåpan Pensioner and AP4 have called for the acquisition of Länsförsäkringar Liv's shares in Svenska Handelsfastigheter. After the deal, they will both own just under half of the company, while the CEO will continue to own a minority position.
Fredrik Salman and the acquired property in Fosie, Malmö.

Verdion's future plans for the hot Öresund market

Nordic — Verdion continues the Nordic expansion – this time through an acquisition in Malmö. Fredrik Salman, Investment Manager at Verdion, tells Nordic Property News about the hot Öresund market, how Verdion wants to grow in the market and about making more brownfield investments.
Magnus Andersson, CEO of Besqab.

Besqab lays off 25: "Through the merger, unfortunately, a redundancy arises"

Sweden Sweden — On Wednesday, Besqab announced that it intends to notify 25 employees of redundancy following the merger between Aros Bostadsutveckling and Besqab. The new company's CEO, Magnus Andersson, tells Nordic Property News about the announcement and how it feels to give the news to the employees.
The property Styckjunkaren 4 in Stockholm.

Folksam acquires in central Stockholm

Sweden Sweden — Folksam acquires the property Styckjunkaren 4 in central Stockholm from SEB Trygg Liv. The property has a very attractive location on Birger Jarlsgatan 8 with proximity to Norrmalmstorg and Stureplan.
Malin Collin.

Malin Collin appointed COO at Croisette

Nordic — Malin Collin joins Croisette Real Estate Partner and becomes Chief Operating Officer.
The office project Studio in Warsaw.

Skanska divests the first building of Warsaw office project to Stena Real Estate

Sweden Sweden — Skanska has divested the first building of the office project Studio in Warsaw, Poland, for EUR 86M. The buyer is Stena Real Estate AB.