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"The transaction market has the full color scale"

Nordic — Intense days lie ahead for CBRE's Patrik Kallenvret during Mipim. The calendar is simply fully booked. For Nordic Property News he talks about the capital and the transactions that can become the real estate industry's great highlight.

Mipim’s MD on this year's event: “You need to listen to do the right business"

Nordic — Mipim 2024 will be slightly different. Under the shade of economic and geopolitical uncertainties in the Cannes sun more focus will be one the dialog. Mipim’s Managing Director Nicolas Kozubek says that it’s clearly visible in how those attending are approaching this years edition of the show.

After the Helsinki acquisitions – this is how Elo wants to develop its real estate holdings

Finland Finland — Elo Mutual Pension Insurance Company continues to increase its real estate holdings through the acquisition of two residential properties in Helsinki. Tatu Pakarinen, Senior Portfolio Manager at Elo, tells Nordic Property News about the acquisitions, how Elo wants to develop its real estate portfolio going forward and about his view on real estate as an investment area.

"Currently our Nordic allocation is underweighted"

Nordic — Deka Immobilien divests a hotel property in central Gothenburg to Sinoma Fastigheter, co-owned by Balder, Redito and Folksam. Esteban de Lope, Managing Director of Deka Immobilien, tells Nordic Property News about the divestment, the state of Deka Immobilien’s Nordic portfolio and their future plans for the Nordic market.

How equal are the Group Managements of the listed Nordic real estate companies?

Nordic — Nordic Property News takes a closer look at how equally distributed the Nordic listed companies Group Managements are.

51 deals in February – transaction volume at EUR 1.7 billion

Nordic — The transaction volume in the Nordics increased further in February compared to January and reached EUR 1.7 billion in the second month of the year. So far this year, the volume is 34 percent higher than for the corresponding period in 2023, Collier's latest transaction statistics for February show.

"Good opportunities in all Nordic countries"

Nordic — Storebrand aims at the logistics market and makes its first acquisition with the Storebrand Nordic Real Estate Fund (SNRE). Henrik Bastman, Fund Manager for SNRE, tells Nordic Porperty News about the inaugural acquisition, his view of the competition in the hot logistics segment, where to make new logistics acquisitions and about the plans for the fund.

600 units added to the new residential company Grace

Nordic — Ailon Group, the northern European investment manager, and Tamar, the Family Office real estate arm with presence in Europe, the US and the Middle East, launched their joint endeavor the real estate company Grace Real Estate Partners late in 2022. Now their second acquisition is announced, in the middle of London.

Prologis: Swedish logistics rents increased at a slower pace in 2023

Sweden Sweden — After a strong 2022 with rent growth of just over ten percent in Sweden, growth slowed in 2023 and increased by only 2.5 percent, far from the European average of seven percent. This is shown in Prologi's latest report on rental indices in Europe and globally. Nordic Property News reveals more about the findings in the report.

Cibus' new CEO: "Good financial support from the banks for new transactions"

Sweden Sweden — Cibus reports an increase in rental income by six percent and an increase in net operating income by six percent in the fourth quarter. The management result amounted to SEK 132 million. “Even during this quarter, earning power per share increases, which is gratifying and a receipt that the active measures taken in 2023 have borne fruit”, says CEO Christian Fredrixon.

The former Capman profile on his main focus as CEO of Suohki

Finland Finland — "I really gravitated towards Suohki and the opportunities that are in the Finnish social infrastructure segment."

After the Oceana fire – Liseberg in need of major capital injection

Sweden Sweden — As a direct consequence of the devastating fire in the aquatic park Oceana, a capital shortage has arisen in one of Liseberg's subsidiaries, and while waiting for the payment of the insurance compensation, an "accounting technical solution" is now required, which must be handled urgently. At the same time, the ongoing investigation shows that the damage to Oceana is less than first feared. Nordic Property News reveals more on the matter.

After the acquisition in Copenhagen – this is how CBRE IM wants to continue growing in the Nordics

Nordic — CBRE IM continues to build its housing portfolio. After a new acquisition in Copenhagen, Jenny Tuleby, Head of Transactions and Investment Operations at CBRE Investment Management Nordics, tells Nordic Property News what they look for in new housing investments, which locations they want to grow in and how they want to grow in other segments.

Prisma aims toward IPO

Nordic — It has been almost two years since Alma Property Partners, Mässing Properties, CT Development and P&E Fastighetspartner joined forces to create Prisma. Even then, there were high ambitions to grow into the largest player in the low-price retail, grocery retail and fast food hubs segment. CEO Fredrik Mässing talks about the past year and how they will continue the growth.

Winners and losers on the stock market in February

Nordic — The Nordic listed real estate companies continued their sluggish start to the stock market year 2024 with mostly declines during February. Here, Nordic Property News summarizes how the companies performed during the second month of the year.

The investment situation in Gothenburg's office market

Sweden Sweden — With some negative writings and reports about the office situation in Gothenburg, the question is how the city's property owners see the investment situation going forward. Here, Vasakronan's regional manager Kristina Pettersson Post and Wallenstam's vice president Marina Fritsche talk about, among other things, what their strategies for carrying out business look like and what their company does with leftover surfaces.

Heimstaden Bostad is hoping for buyers with dry powder

Nordic — Heimstaden Bostad believes that a stabilized market and a somewhat positive development in the transaction market will lead to tailwinds for the company. At the same time, two countries are behind the large decline of EUR 2.57 billion in the company's property value.

SBB: "We have the biggest negative value changes behind us"

Sweden Sweden — SBB had a challenging 2023 where it made a loss of approximately SEK 22 billion, primarily driven by changes in the value of properties that amounted to a little more than SEK 13 billion. But for 2024, CEO Leiv Synnes breathes more optimism and he believes that the worst is behind the company. However, what will happen with the payment of the suspended dividend for 2022 of two billion kroner remains to be seen, as it is a question that still hangs in the balance.

Where Stendörren looks for new acquistions

Nordic — After ten years on the market and a past as an acquisition-driven company before property values began to fall, Stendörren has now started to look towards buying in metropolitan areas. “What we are looking at going forward are urban locations in Stockholm, Oslo, Copenhagen, Helsinki and the Gothenburg region”, says CEO Erik Ranje.

"I think there could be more listed real estate companies by the end of 2024"

Sweden Sweden — JLL's Head of Research Niclas Höglund, who will be leaving the company soon, sees several factors that speak for a positive year for property companies on the stock exchange and expects both more new issues, bonds and that there may be more property companies on the stock exchange at the end of the year than there are today. During JLL's latest Nordic Outlook, he revealed more about why and what will drive development on the real estate market in 2024.

Slättö and Strawberry's plans for the new joint hotel venture

Sweden Sweden — A new Swedish hotel chain has been established through a joint venture between Slättö and Strawberry. Erik Möller, Head of Hotels at Slättö, and Daniel Stenbäck, Chief Development Officer at Strawberry, tell Nordic Property News about the investment, what gap in the market they see themselves filling, which properties are part of the expansion and what the ownership picture will look like.

Positive trend on the transaction market: "Stronger will to do business"

Nordic — During 2023 the ball bounced more awkwardly than kindly for transaction advisor JLL on the transaction market, but the firm still managed to land over a dozen deals in a range of different segments. The transaction duo Daniel Anderbring and Pegah Abedini testify to a clear improvement in the market after the turn of the year and here they highlight the hot and slightly cooler segments in terms of probable transaction activity going forward.

Two heavyweight increases SLP-holdings

Nordic — Two giants increased their holdings in SLP substantially in the fourth quarter.

The hotel giant is establishing itself in Sweden – here are their plans for the market

Nordic — Recently it became clear that the hotel giant IHG Hotel & Resorts together with Revelop as property owner will open the doors to their first hotel in Sweden. Miguel Martins, Head of Development, Northern Europe at IHG Hotels & Resorts, explain more about their upcoming plans.

They send the most Danish participants to Mipim

Denmark Denmark — Mipim starts in three weeks and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. Last out are the participants from Denmark.