One of the properties from the ‘Aktiivihallit Ky’ portfolio that Nrep sells to Blackstone and Joonas Lemström, Head of Finland at Nrep.

After the Blackstone divestment – here are Nrep's plans for the Finnish logistics segment

Finland Finland — Nrep announced a major divestment and sold a logistics portfolio in Finland to funds managed by Blackstone for EUR 135 million. Joonas Lemström, Head of Finland at Nrep, tells Nordic Property News about the plans for the logistics segments following the divestment, which locations they consider attractive for new investment and how they see the segment developing going forward.
TOP 4 Nordic
Peter Wallin, CEO Bonava.
Nordic Nordic —
Bonava CEO: "Recovery can take time"
Erik Selin, CEO of Balder.
Nordic Nordic —
"For Balder, the choice is between everything or nothing"
Joacim Sjöberg, CEO of Castellum.
Nordic Nordic —
"Castellum will never finish selling"
Christian Fredrixon.
Nordic Nordic —
Ten percent down on Cibus management results
Olof Andersson.

Trianon makes large residential acquisition: "Population growth and very good communications to Malmö"

Sweden Sweden — Trianon continues to do great business. After last week selling its share in Rosengård centrum, it is now buying a large housing stock in southern Skåne. CEO Olof Andersson tells Nordic Property News about the deals with Stjernplan and Hemmaplan, how they want to develop their housing portfolio and about the goals to reach during the second half of 2024.
Colliers office at Tjuvholmen in Oslo.

Colliers appoints valuation team to its Norway business

Norway Norway — Colliers Nordics is expanding the services offered to their clients with the recruitment of five highly experienced individuals that together constitute a top tier team. They are joining Colliers from Cushman and Wakefield Realkapital where they operated for ten years.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter buys building rights in Malmö

Sweden Sweden — K-Fastigheter has acquired a building right in Malmö. On the property K-Fastigheter intends to build close to 160 rental apartments. The acquisition is made from Ikano Bostad and regards all the shares in the company that owns the property Skjutskontoret 3. A legally binding zoning plan is in place.
Veidekke to turn offices to student bedsits in Oslo.

Veidekke gets new assignment in Oslo

Norway Norway — The Anker Foundation has commissioned Veidekke to rehabilitate and rebuild an apartment building in Oslo centre from offices to almost to 100 student bedsits with common rooms. The commission is a design and build contract with a value of NOK 163 million, excluding VAT.
Johanna Frelin, CEO of Riksbyggen.

Strategy change for Riksbyggen: "We will now build up a larger property portfolio again"

Sweden Sweden — With the Unobo deal in the books, Riksbyggen takes aim toward increasing its property portfolio. CEO Johanna Frelin tells Nordic Property News about the change in strategy, entering new urban development projects and how she sees the housing construction market developing in Sweden.
There are major vacancies in Oscar Properties' portfolio.

Major vacancies in Oscar Properties' portfolio

Sweden Sweden — Oscar Properties' vulnerable situation becomes even more apparent after the much-delayed Q1 report was released late on Friday evening last week. In addition to the fact that the company is in a very critical financial situation for its continued operations, since the end of the last financial year the company's accounting principles have been changed to no longer assume continued operations but a liquidation of the operations. And a look at the extensive vacancies in the portfolio shows that the company is missing out on many millions in rental income. CEO Richard Bagge comments on the situation for Nordic Property News.
Savills IM sells logistics property in Gothenburg.

Savills IM sells to Swiss Life

Sweden Sweden — Savills IM sells fully leased logistics and terminal building comprising 25,700 square meters of lettable area to Swiss Life Asset Managers.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter sells to JV with Kilenkrysset

Sweden Sweden — K-Fastigheter deepens its cooperation with Kilenkrysset trough two transactions in the Mälardalen region regarding housing properties in Nyköping and an industry property in Strängnäs.
Mia Forsgren.

Diös announces changes to Executive Management group

Sweden Sweden — After almost nine years in the company, Diös Head of Communications & Digitization, Mia Forsgren, will leave the company to take on new challenges. She started as Head of Communications at Diös with the task of strengthening the company's brand. In addition to the communications assignment, she is responsible for Diös’ digital development and a member of the Executive Management group. Mia Forsgren will leave in the fall of 2024.
These are the winners and losers in the nordic stock market during June 2024.

Winners and losers on the stock market in June

Nordic — June was an in-between month for the Nordic real estate companies on the stock exchange, without any major rises or falls for most of the companies. Nordic Property News presents the winners and losers on the stock exchange during the sixth month of the year.
Cecilia Safaee, CEO of Hemmaplan.

After dissolving the JV – this is how Hemmaplan wants to grow

Sweden Sweden — After a transaction last week the Swedish real estate company, Hemmaplan, now has the keys to two commercial district centers in what are usually referred to as socially vulnerable areas in Sweden. CEO Cecilia Safaee has a clear plan on how the company want to grow.

German investor acquires Serneke Sverige from Doxa's Serneke Group

Sweden Sweden — Mutares has signed an agreement to acquire Serneke Sverige from Serneke Group.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter completes divestment of Danish portfolio to Viga Real Estate

Denmark Denmark — K-Fastigheter has divested the property portfolio that the company previously had signed an agreement regarding. The buyer is a fund managed by Viga Real Estate.
The Huvudsta district.

Klövern buys residential project in Solna

Sweden Sweden — Klövern has signed an agreement to develop and acquire building rights with the potential for around 500 homes in Solna from Ursus Real Estate Management.
Bjarke Mikkelsen.

"I really think we can build something unique"

Denmark Denmark — Thylander gets a new CEO as Bjarke Mikkelsen takes the helm while Lars Thylander assumes the role of Chairman of the Board. Bjarke Mikkelsen tells Nordic Property News about his return to the Denmark and the first step into an environment where real estate will be his main business, the state of Thylander and the company’s most important tasks going forward.
Andreas Wahlén, CEO of NP3.

The first acquisition in two years – more to come according to the NP3 CEO

Sweden Sweden — On Wednesday, NP3 Fastigheter was able to announce that they completed six transactions and thereby acquired six properties with a property value of SEK 181 million (approximately EUR 16.5 million), primarily for industrial purposes. A small sum, but also a start to get back to the transaction market after a two-year hiatus for the acquisition-hungry company that NP3 is, says CEO Andreas Wahlén.
Sonja Horn, CEO of Entra.

Entra sells Hotel Savoy in Oslo

Norway Norway — Entra sells Universitetsgata 11 (Hotel Savoy) in Oslo above book value.
Elias Georgiadis, CEO of Stenhus.

Stenhus sells 62,000 sqm

Sweden Sweden — Stenhus Fastigheter has, through subsidiaries, entered into an agreement for the sale of 70 percent of the shares in the JV company Stenhus Uttern Holdco. The JV company owns, through subsidiaries, 16 investment properties in the warehouse/light industry/logistics segments. Subsidiaries of Stenhus and the buyer of the shares in the JV company have also entered into another share transfer agreement, whereby the buyer has acquired all the shares from Stenhus in a property company that owns two investment properties within the same segment.
Infrahubs and Genesta expand Husqvarna's warehouse by 35,000 sqm.

Infrahubs and Genesta make major expansion of Husqvarna's warehouse

Sweden Sweden — Infrahubs and Genesta are expanding Husqvarna's warehouse in Jönköping by 35,000 square meters. This expansion will bring the total leasable area of the logistics property to over 80,000 square meters.
Frida Tosterud Grov.

The segments that attract foreign investors to the Norwegian market

Norway Norway — The Norwegian market has been picking up speed in the start of 2024. Frida Tosterud Grov, recently promoted to Head of Capital Markets Norway at Colliers, tells Nordic Property News how she sees the market situation in Norway developing, about the foreign interest in Norwegian real estate and which segments will be leading on the transaction market in Norway in the future.
Michael Johansson is an analyst at Arctic Securities that follows SBB.

"I believe in continued JV structures rather than a bid for the entire company"

Sweden Sweden — Yesterday was dividend day in SBB and tomorrow the company has its annual general meeting where, among others, Lennart Sten is expected to be elected as the new chairman of the board. Nordic Property News discusses the situation for the pressured company with Arctic Securities analyst Michael Johansson.
Skanska divests courthouse building in Växjö.

Skanska divests to Vacse

Sweden Sweden — Skanska divests a court building in Växjö, where the Swedish Courts Administration is a tenant, for approximately SEK 490 million (EUR 45 million).
Jon Johnsson.

Bonava appoints Jon Johnsson as new CFO

Nordic — Jon Johnsson has been appointed Bonava's new CFO and a member of the Executive Management Group, and will take office not later than 2 January 2025.
Andreas Wahlén, CEO of NP3.

NP3 acquires six properties

Sweden Sweden — NP3 Fastigheter has acquired six properties in six transactions with a property value of SEK 181 million (EUR 16 million), primarily for industrial purposes.