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Acting CEO and Chairman of the Board Miikka Suominen and Johan Live, Communications Manager at Serneke Sweden, comment on the company's bankruptcy filing.

The new owner comments on Serneke's bankruptcy: "We are sorry"

Sweden Sweden — The problems were bigger than first thought. That is the reason given now that the owner, barely a month ago, Mutares is filing for bankruptcy for Serneke Sweden. Miikka Suominen, who is both acting CEO and Chairman of the Board, says that the company's financial situation had deteriorated significantly in the previous months, which is now leading the way towards bankruptcy for Ola Serneke's life's work.
TOP 4 Nordic
Karl Persson.
Nordic Nordic —
How Cushman & Wakefield looks to sharpen its Nordic offering
Louise Richnau.
Nordic Nordic —
Louise Richnau proposed as new Chair of the Board at Eastnine
Christian Fredrixon, CEO of Cibus.
Nordic Nordic —
Cibus has entered into a binding agreement to acquire EUR 508 million portfolio
Karl Persson.
Nordic Nordic —
Cushman & Wakefield appoints Karl Persson as Head of Nordics
Erik Hävermark and Martina Lous-Christensen.

Sveafastigheter's CFO leaves the company

Sweden Sweden — Sveafastigheter's CFO Martina Lous-Christensen leaves the company and a recruitment process to find a successor has been initiated. CEO Erik Hävermark tells Nordic Property News what qualities companies are looking for in the next CFO, his thoughts on the organizational changes around finance that are being made during the recruitment process and how he views the management team he leads at Sveafastigheter.
Catella advised in the sale of social infrastructure property portfolio.

Ilmarinen sells to EQ

Finland Finland — Catella acted as the financial advisor to Ilmarinen Mutual Pension Insurance Company in the sale of four properties. The buyer is the Special Investment Fund eQ Community Properties.
Prisma CEO, Fredrik Mässing.

Prisma acquires property in Lycksele

Sweden Sweden — Prisma Properties has acquired the property Fröklängen 1 in Lycksele to develop a new store with the grocery chain Willys as its tenant. The underlying property value amounts to SEK 19 million and closing is set for January. The lease agreement with Willys has a term of 12 years, and the annual rental value for the property amounts to approximately SEK 4.4 million.
YIT starts new project.

YIT started the construction of a self-developed project in Raseborg

Finland Finland — YIT has started the construction of a self-developed row house and apartment building called Asunto Oy Raaseporin Norra Marina on the shore of Ekenäs’ North Harbor. Construction began in December 2024 and the new homes will be completed in December 2025. The value of the project is approximately EUR 13 million and it will be recorded in the order book for the last quarter of 2024.
Carl-Johan Hugner.

The new Nyfosa CEO: "A successful team is based on everyone understanding their role"

Nordic — By the end of October 2024, the news came that Carl-Johan Hugner was to take over the CEO position at Nyfosa after Stina Lindh Hök, who announced her resignation during the month of July. Nordic Property News called the newly minted CEO to ask a about how he views his new position, the company he will now lead and whether it is actually possible to compare corporate operations with ball sports. Or, to be specific: basketball.
Marina Fritsche in front of the building that the University of Gothenburg will move into. The image is a montage.

Wallenstam signs large lease with important tenant

Sweden Sweden — Wallenstam starts the year with a major lease in central Gothenburg when it signs an agreement for 5,000 square meters with the University of Gothenburg. Marina Fritsche, Regional Manager Gothenburg and Deputy CEO of Wallenstam, tells Nordic Property News about the lease and what it will mean for the Rosenlund area, as well as how they view the University of Gothenburg as a significant tenant.
Serneke Sverige towards bankruptcy.

Serneke Sweden files for bankruptcy

Sweden Sweden — Serneke Sverige AB files for bankruptcy at the Gothenburg District Court.
Jakob Nilsson.

Platzer appoints new CFO

Sweden Sweden — Jakob Nilsson is recruited as CFO to Platzer. He most recently came from the role as CFO at Stena Fastigheter. With a strong business drive and solid industry knowledge, he will contribute to the company's continued development, according to Platzer. Acting CFO until Jakob Nilsson takes office is Ulrika Danielsson.
The new building in Lund.

Wihlborgs builds for BPC Instruments

Sweden Sweden — At the Tomaten 1 property in Lund’s Hasslanda business district, Wihlborgs will construct a 3,600 square metre warehouse, production and office building for the growing Lund company BPC Instruments.
Carl-Johan Hugner, Biljana Pehrsson, Anna Hallsten and Bjarke Mikkelsen.

The hottest recruitments and appointments in 2024

Nordic — A number of key positions on the Nordic real estate market got appointed during 2024. Nordic Property News takes a closer look at the hottest Nordic recruitments and appointments in 2024.
The director of the Swedish Association of Architects, Tobias Olsson.

The Swedish Association of Architects sees the turnaround

Sweden Sweden — Something has happened. Like canaries in the mine, architects are the first to be affected by economic changes, both for better and for worse. There is great uncertainty, but a change is definitely underway. That is what the director of the Swedish Association of Architects, Tobias Olsson, says.
Christrian Fladeland, CEO of Heimstaden.

Heimstaden Bostad divests to Pensam

Denmark Denmark — Heimstaden Bostad has signed an agreement with Pensam for the divestment of 145 residential units in Rødovre, a suburb of the Greater Copenhagen area.
Ilija Batljan and André Gaden.

PPI makes its first acquisition in Finland

Finland Finland — Public Property Invest has signed an agreement to acquire two adjacent elementary school properties for EUR 37.1 million. The properties are located in the city of Espoo, a part of the Helsinki metropolitan area.
Jessica Gräsberg, Henrik Olsson, Leea Tolvas and Ali Ali.

The hottest recruitments in Q4

Nordic — A number of key-positions within the companies on the Nordic real estate market got filled during the final quarter of 2024. Nordic Property News takes a closer look at the hottest Nordic recruitments in Q4.

The best and worst performing real estate shares in 2024

Nordic — Winners and losers among the Nordics real estate and construction shares in 2024.
The Kuusamo health centre.

Catella advised in the sale of two community properties

Finland Finland — The City of Kuusamo has sold the Kuusamo health centre and the Ruijanmutka group home to a private investor.
Skanska.

Skanska builds wastewater treatment plant in Nokia

Finland Finland — Skanska has signed a contract with Nokian Vesi Oy to build a wastewater treatment plant in Nokia. The contract is worth EUR 35 million which will be included in the Nordic order bookings for the fourth quarter of 2024.

Winners and losers on the stock market in December

Nordic — The shaky times continued for the the real estate and construction shares during December. Nordic Property News Nordic Property News presents the winners and losers on the stock exchange during the last month of 2024.
Erik Selin, CEO of Balder.

The properties included in Balder's major acquisition from Doxa

Sweden Sweden — On the penultimate day of 2024, Balder announced a new major transaction, with an acquisition for SEK 3.8 billion (EUR 331 million) from Doxa. Nordic Property News has taken a closer look at which properties were included in the transaction.

NBIM and Prologis acquire logistic properties

Norway Norway — The partnership between Norges Bank Investment Management (the Norwegian Oil Fund) and Prologis has acquired a portfolio of seven logistics properties located in Germany, Italy, Spain and the UK.
SLP acquires in Trelleborg.

SLP makes acqusition in Trelleborg

Sweden Sweden — SLP has acquired a logistics property, Trelleborg NIO-E 3, located in Trelleborg with a 10-year fully indexed lease.

2024 in Nordic real estate

Nordic — A famous company goes bankrupt, IPOs make a comeback, a legend passes away, two listed Finnish companies makes changes in CEOs within two days and real estate fall out from a earth-shattering documentary. Nordic Property News lists some of the events that shaped 2024 in Nordic real estate.
Ola Serneke.

Exclusive interview with Ola Serneke: "The competitors sharpen their pencils"

Sweden Sweden — Ola Serneke describes himself as equal parts economist, engineer and entrepreneur. Now he can also call himself an author. In the book Högt över molnen, ‘High above the clouds’ he shares lessons learned, success and setbacks during the years he has been active in the industry. The hope he has with the book is that it will inspire and perhaps especially the younger generation who are entering the industry. The tips are aimed at those who aim high and who will thus be able to absorb his journey and the parts of his personality that have made the big dreams come true.
Erik Selin, CEO of Balder.

Balder acquires properties and apartments from Doxa

Sweden Sweden — Today, 30 December 2024, Fastighets AB Balder signed an agreement to acquire both the business area Doxa Fastigheter and apartments. The total property value of the transaction is approximately SEK 3.8 billion, around EUR 0.33 billion.