New Competition Calls for Digital Property Ideas

Sweden Sweden Baltic Horizon, the Nasdaq-listed commercial real estate fund, is launching a new initiative that encourages Swedes to bring out any ideas that could make commercial property management further digitalized. The fund, which recently announced a secondary public offering to further expand its portfolio in the Baltics, will offer the winner an opportunity to develop and test their idea onsite at the funds properties in Tallinn, Estonia, as well as a ceremony at the Estonian Embassy in Stockholm.


Share via e-mail

Tarmo Karotam. Image: Baltic Horizon
Tarmo Karotam.

“We are looking for any person who has a digital idea for how to make improvements to the management of commercial properties,” says Tarmo Karotam, head of the fund. “By promoting these ideas, we can both make property management more effective and society more sustainable, which is in line with our goals.”
Many swedes are still unaware of the developments across the Baltic sea, where Estonia is nowadays considered a leading digital nation and has the most startups per capita in the world. The country is also the first in the world to offer a so-called e-residency, a virtual residency, which the winner will receive as well as support from mentors and a testing ground to try out their idea.
“We can offer an environment with state of the art commercial properties in Tallinn for the winner to use in trying out their idea,” says Tarmo Karotam. “We also think it can be a cool experience to be part of the vibrant startup community in Tallinn as well.”
If you are the winner of the competition, you will get:
  • A return trip Stockholm – Tallinn
  • Accommodation for a selected period in central Tallinn
  • An Estonian E-residency
  • Access to a local team of mentors who will coach you
  • Access to commercial real estate to try out your idea
So, you think you have an idea that could be worth trying out? It is easy to participate. Just send your description of the idea on a A4-page to before 15 January 2018. You can also read more about it here:

Eddie Ekberg

Billion Divestment for Swedavia at Arlanda

Sweden Sweden Swedavia divests the property on Stockholm Arlanda Airport where the Nordics’ largest airport hotel is under construction. The property value amounts to EUR 131M.

Victoria Park and Trianon Acquire Housing Units in Malmö for EUR 80M

Sweden Sweden Victoria Park and Trianon have signed an agreement to acquire a property portfolio of 722 flats and a small number of commercial premises, with a total lettable area of approximately 47,700 square metres. The properties are located in Lindängen, Malmö, and the acquisition will take place for an underlying property value of MSEK 795 (EUR 80M). The seller is Willhem and possession is due to be transferred on 1 March 2018.

Bonava Sells to Willhem in Malmö

Sweden Sweden Bonava is selling a rental project in the Elinegård district of Malmö, Sweden, to the housing company Willhem. The project comprises 90 rental apartments and the sales price amounts to approximately EUR 17M.

The Big Players Dominate the Stock Market

Sweden Sweden The real estate companies keep going strong on the Nasdaq Stockholm exchange, during 2017 they have increased with an average of 9 percent. The big players keep going strong while the smaller companies outside of the main list are struggling this year. Pangea Property Partners’ Head of Research Mikael Söderlundh explains the reason behind the division to Nordic Property News.

"Germany Will Be Our Largest Market"

Sweden Sweden After the MSEK 850 (EUR 86M) divestmet, Bonava has made an impression in Germany. The company’s CFO Ann-Sofi Danielsson tells Nordic Property News about leaving the home country and how the German market will grow for Bonava.

Klövern New Main Owner in Tobin Properties

Sweden Sweden Klövern will after the directed share issue own around 40 per cent of the number of shares and hold around 42 per cent of the voting rights in the Tobin Properties.

Anders Danielsson Appointed New CEO of Skanska

Sweden Sweden The Board of Directors has appointed Anders Danielsson new President and CEO of Skanska. He will succeed Johan Karlström who previously announced he will step down. 

These Are Sweden’s Most Expensive Streets

Sweden Sweden The capital dominates among Sweden’s most expensive streets. “The current price corrections are not noticeable in the same way on these addresses” says Johan Engström, CEO at Fastighetsbyrån.

CA Fastigheter Divests in Kalmar

Sweden Sweden CA Fastigheter has, through a subsidiary, divested the Lärlingen 6 property to Kalmar Läns Landsting. The building contains CA Fastigheter’s headquarters that will relocate.

The State of Swedish Retail and Shopping Centers

Sweden Sweden In 2016, the sales growth in shopping centers and retail areas was summarized to 4.0 percent. Meanwhile the interest in establishing new retail areas is cooling off, which can be a sign of recession.