Sonja Horn, CEO of Entra.

How the major Trondheim deal came up

Norway Norway — Entra’s CEO Sonja Horn on the EUR 570 million deal: “We have never put the Trondheim portfolio up for sale, but…”
Jacob Mörndal, CEO of M2 Asset Management and Rutger Arnhult, owner of M2.

M2 leaves Denmark – this is the strategy going forward

Denmark Denmark — After the sale of a residential property in Copenhagen, Rutger Arnhult's company M2 Asset Management has now left Denmark completely and only has properties left on Swedish soil. CEO Jakob Mörndal tells Nordic Property News about the strategy going forward and the work to be able to pay the next bond maturity in January 2025.
Folksam buys the property Brädstapeln 13 on Kungsholmen in Stockholm from Europa.

Folksam acquires office property in central Stockholm

Sweden Sweden — Folksam, through KPA Pension, acquires the property Brädstapeln 13 in central Stockholm from Europa.
Leiv Synnes, CEO of SBB.

SBB's PPI investigates the possibility of an IPO and listing on the Oslo Stock Exchange

Norway Norway — Samhällsbyggnadsbolaget i Norden's associated company Public Property Invest prepares for a possible initial public offering and listing on the Oslo Stock Exchange.
Ulrika Danielsson.

Ulrika Danielsson resigns as CFO of Atrium Ljungberg

Sweden Sweden — Ulrika Danielsson has worked as CFO at Atrium Ljungberg since November 2021 and has been a part of its executive management. She has now chosen to leave her position.
Magnus Andersson, CEO of Aros Bostad.

This is how the merger will make new Besqab market leading in Stockholm

Sweden Sweden — Aros Bostad and Besqab are to be merged. The vision for the new company, which will be named Besqab, is to become a leading housing developer in Greater Stockholm and Uppsala. "I am proud to have received the question," says new Besqab's future CEO Magnus Andersson. But what happens to the current CEO, Carola Lavén, is still unclear.
These are the winners and losers in the nordic stock market during January 2024.

Winners and losers on the stock market in January

Nordic — The listed Nordic real estate companies have had a mixed start to the stock market year 2024. Nordic Property News summarizes how the companies performed in January.

Major deal ahead: Entra signs LOI for Trondheim portfolio divestment

Norway Norway — Entra has signed a letter of intent regarding the sale of its Trondheim portfolio to E C Dahls Eiendom, a wholly owned subsidiary of Reitan Eiendom AS.
Peter Lilja.

Heimdal Nordic establishes a new credit fund with a sharp focus on property financing

Denmark Denmark — Heimdal Nordic announces the launch of Heimdal Credit Fund (HCF), a credit fund targeting lending to the Danish professional real estate market. Building on a highly positive track record of investments totaling more than DKK 3 billion in the professional real estate market, and leveraging Heimdal Nordic's extensive experience in property financing, Heimdal Nordic is now launching a fully FAIF-regulated SFDR, Article 8 credit investment fund.
The Meilahti hospital area in Helsinki.

YIT develops phase in new Meilahti hospital area

Finland Finland — YIT selected as the partner for the development phase of the new building for the Meilahti pharmacy, central kitchen and parking facility.
Bård Bjølgerud, Nordic CEO of Colliers.

"You have to catch the falling knife at some point"

Nordic — Navigating through 2024 may not prove to be easy as, according to Colliers, there is a labyrinth of different opportunities and paths to choose from, but the bottom line is that the outlook is still gradually positive with the sights set on a normalized market in 2025. Colliers' Nordic CEO Bård Bjølgerud talks more about the conditions for 2024, the challenges, the growth opportunities and the potential pitfalls.
Johan Karlsson, CEO of Slättö.

Why the Slättö CEO sees advantages on the transaction market

Sweden Sweden — Johan Karlsson on how the company was lucky, how he thinks the transaction market will look in 2024 and the internal discussions regarding the plans with the major investment of the Estea portfolio.
Carola Lavén and Magnus Andersson.

Aros Bostad makes bid for Besqab

Sweden Sweden — Aros Bostadsutveckling makes a recommended bid for Besqab. The offer is not in cash but means that the two listed companies will merge. The offer is worth 1.04 shares of ordinary shares and 0.07 preferred shares in Aros Bostadsutveckling for each share in Besqab. The board of Besqab unanimously recommends the shareholders of Besqab to accept Aros Bostad's offer.
Nrep's Altura adds to its portfolio.

Nrep acquires community property portfolio

Sweden Sweden — Nrep's community property arm, Altura, has signed an agreement with Besqab to acquire a community property portfolio at an underlying property value of a total of SEK 770 million. The deal includes three nursing homes, a preschool and tenements with a total lettable area of 15,200 square meters. The acquisition takes place via the Nordics' largest Core-plus fund Nrep Income+, which last year completed a successful third closing with approximately SEK 3.1 billion in added capital intended to take advantage of new investment opportunities.

Entra appoints Ole Anton Gulsvik as new CFO

Norway Norway — Entra appoints Ole Anton Gulsvik as new finance director, CFO. He will take office no later than August 1 this year.
Max Barclay.

Newsec: "New international investors in the logistics segment in 2024"

Nordic — 2023 was characterized by an overall weakness in the transaction market. In warehouse, logistics and industrial properties, however, we have seen a significant driving force. With a share of 27 percent of the total transaction volume, this segment has proved to be the most robust and prominent in the last year. Max Barclay, head of advisory operations at Newsec predicts will see in 2024 in the logistics market.
Mattias Wilson, CEO of Wilfast that becomes part of Swiss Life Asset Managers.

"We couldn't have asked for a better owner"

Nordic — Wilfast gets an external owner in Swiss Life Asset Managers. CEO Mattias Wilson tells Nordic Property News about the decision to sell, about bringing in Swiss Life as a new owner and about the future plans for the company.
Slättö acquires an office property from Catella Real Estate AG (CREAG) for aparthotel conversion.

Slättö grows in Finland with second Helsinki CBD hotel

Finland Finland — The acquisition is Slättö’s second in the hospitality sector in Finland. The new aparthotel will meet the needs of different groups of travelers, from short- to long-term stay, with high standards in design, quality and sustainability. For this project, Slättö has once again partnered with the tech-led operator Bob W.
Petra Karlsson Ekström.

Petra Karlsson Ekström appointed new CEO of Örebrobostäder

Sweden Sweden — Örebrobostäder has finalized a new CEO. Petra Karlsson Ekström will take up the position of CEO on 19 August 2024 and will then succeed Ulf Rohlén, who is retiring after being the group's CEO for 15 years.
Gamlestadens smedja in Gothenburg.

Peab signs lease with global giant in logistics automation

Sweden Sweden — The third tenant for Peab Fastighetsutveckling's office building Gamlestads Smedja in Gothenburg is signed. In January 2025, the logistics automation company Swisslog will move its Nordic headquarters to new premises.
Marie Meyer from Colliers and Johanna Hessius from Newsec analyze the office market in 2024.

More transactions and greater migration flows – this is what the office market will look like in 2024

Sweden Sweden — In the office rental market, a clear slowdown is observed with extended rental periods and increased discounts. This development can be partly attributed to increasing uncertainty among potential tenants, as well as a gradually rising vacancy rate. Newsec and Colliers summarize 2023 and predict what lies ahead in 2024.
Platzer CEO Johanna Hult Rentsch.

Platzer CEO reveals their future plans

Sweden Sweden — Platzer sums up the year with the highest operating surplus in the company's history. At the same time, 2023 will be remembered by the large unrealized negative value changes. Now CEO Johanna Hult Rentsch is looking towards future projects.
M2 Asset Management divests to Pensam.

M2 Asset Management sells residential property to Pensam

Denmark Denmark — Rutger Arnhult's M2 Asset Management sells a residential property containing 78 apartments and 15 parking spaces in Copenhagen to Pensam.
The Eight.

Skanska signs record breaking lease agreement in Washington

Sweden Sweden — Skanska has signed a long-term lease agreement for approximately 48,900 square meters, at the office building The Eight in Bellevue, Washington, USA, of which 14,150 square meters is parking.
Volvo Cars extends its lease in the Mood Stockholm area.

Volvo Cars extends its lease with AMF Fastigheter

Sweden Sweden — Volvo Cars has been a tenant in the property Oxen Större 21 in the the Mood block in Stockholm since 2019. Now the agreement is being extended.