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Viktor Mandel leaves Sveafastigheter

Sweden Sweden — When SBB announced on Monday that it is collecting housing assets worth 29 billion in Sveafastigheter before ownership dispersion, Erik Hävermark was listed as acting CEO of the company. Now the former CEO Viktor Mandel confirms that he is leaving Sveafastigheter completely. For Nordic Property News, he talks about the decision and about the CEO chair he instead continues in.

This is how the streamlining continues for SBB after Sveafastigheter

Sweden Sweden — SBB's CEO Leiv Synnes tells Nordic Property News that a listing of Sveafastigheter is one of the possible paths with the ownership dispersion that was recently announced. SBB also intends to go below 50 percent ownership in the soon-to-be-independent company. Here he tells more about how the streamlining of SBB will continue in the future.

“Optimistic about introducing new investors to the Swedish market next year”

Nordic — Fokus Nordic assists another global player to enter the Nordics. The company’s CEO Tonny Nielsen tells Nordic Property News about the becoming the preferred Nordic partner to several global players, the most important tasks in 2024 for Fokus Nordic and how he believes the Nordic markets will develop in the coming year.

Five quarters in a row with negative growth

Nordic — The first three quarters of the year were the coolest in the Nordic transaction market since 2010, and Q3 2023 turned out to be the fifth straight quarter with negative capital growth in the Nordics, according to the latest figures from the analysis company MSCI Real Assets. Nordic Property News tells you more about the latest findings and conclusions.

Obos develops new prestigious Stockholm project: "6,000 are in the queue of interest"

Sweden Sweden — It is almost a year ago that Obos chose not to proceed with any of the architectural proposals they had received for the major project Stadsljus, formerly Gasklockan, in Norra Djurgårdsstaden. But now the proposal has been presented and group CEO Daniel Kjørberg Siraj and Sofia Ljungdahl, CEO of Obos Nya Hem say that the house will not only be a landmark in Stockholm, but also for Obos as a company.

SBB promises to start construction next year – may be fined if not

Sweden Sweden — SBB has promised Skellefteå municipality that they will be able to start construction of 280 homes in 2024, and has plans for another 200 that are awaiting detailed plans. The land instructions have been extended even though the municipality has repeatedly said that they will not do so unless the companies move forward and there may be a fine if they do not start as planned in 2024.

"A strong belief in the underlying need for this property type"

Sweden Sweden — Slättö carries out one of the year's biggest deals in Sweden when it acquires 47 community properties from Estea Omsorgsfastigheter for just under SEK 3 billion (EUR 257 million). Erik Dansbo, partner and CIO at Slättö, tells Nordic Property News about the acquisition and its importance for the fund and about bringing Estea in as an owner in the company.

DNB starts selling off Oscar Properties assets: "Major negative impact"

Sweden Sweden — The Norwegian bank DNB has started to sell off a portfolio of Oscar Properties properties because the company was unable to pay the interest on a loan of SEK 1.6 billion from the bank, something that Bloomberg News was the first to report on. For Nordic Property News, CEO Carl Janglin confirms that the company, together with other lenders, is evaluating whether there is a way forward even without the DNB portfolio. He also explains how this affects the restructuring plan.

Logistics profile believes over-establishment slows down the logistics industry

Sweden Sweden — Mattias Kettelhoit, Head of Logicenters, does not want to talk about a crisis for logistics companies, but he agrees that the market has become tougher during the autumn and winter. “The supply of premises has increased and thus the demand has decreased,” he tells Nordic Property News in an exclusive interview.

Why Quartiers' CEO has resigned: "An innovative idea"

Sweden Sweden — At the end of last week, Quartiers Properties announced that longtime CEO Marcus Johansson Prakt will step down from his position to explore new challenges outside the company. For Nordic Property News he looks back on five developing, and somewhat turbulent, years as CEO of the Marbella-based company, why he now chooses to move on and also leaves a hint about what he has in store as a future investment.

"Many real estate companies take selling and letting too lightly"

Sweden Sweden — In 2022, he took the step from NCC to an existence as a consultant. Now Marcus Sandahl is returning to life as an employee when he becomes sales and rental manager at Platzer. Marcus Sandahl spoke to Nordic Property News about the new position, his view of Platzer, Johanna Hult Rentsch's importance for the decision to join the company, about the lessons learned from the consulting business and about the last time with the assignment at Hufvudstaden.

Eastnine's unwavering faith in offices – these are their expansion plans

Nordic — After the autumn sale of the holding in the Russian company MFG and with a new business plan behind it, Eastnine is ready to grow significantly in the future. CEO Kestutis Sasnauskas tells Nordic Property News about the ambitious growth goals, why they have such a firm belief in the office segment and what type of transactions the company is looking at going forward.

Pictet's growth ambitions within logistics in the Nordics

Nordic — Pictet recently strengthened its Nordic portfolio with the acquisition of a newly built logistics property in Halmstad. Linus Nilsson, Head of Nordics at Pictet, tells Nordic Property News about the company's requirements for logistics properties, the growth plans in logistics in the Nordics, the view of the Nordic logistics markets and which other segment it wants to grow in.

Selvaag goes green in Swedish housing project

Sweden Sweden — With its proposal "Grønn", Selvaag Bolig won a land allocation competition for residential construction in central Nacka, Sweden, in 2021. Before the consultation of the detailed plan, the first illustrations of the green project, produced by Belatchew architects, are now available, and Nordic Property News can tell you more about the company's investment in Nacka.

Prologis predicts the coming trends in logistics property

Nordic — Head of Research at Prologis, Eva van der Pluijm-Kok, says that there are a few factors affecting the logistic real estate in the near future. One being a decrease in new production.

The real estate industry late with sustainability reporting despite EU requirements

Sweden Sweden — The EU's taxonomy regulation, which determines when a business is sustainable, comes into effect on January 1, 2024, and the sustainability reporting directive, CSRD, becomes law in Sweden on January 1, 2025. Nevertheless, very few real estate companies have begun to prepare for the transition. According to Mattias Johansson, partner and auditor at KPMG, they run the risk of being cought off guard when the law comes into effect. His message to the industry is clear: “It's time to raise the issue now!”

How new CEO Daniel Gorosch wants to rebuild Catella

Sweden Sweden — At the beginning of the 2023, Daniel Gorosch announced that he was leaving the assignment as CCO at Colliers, a role he took after the acquisition of Pangea. Now he has taken the step into one of Catella's CEO chairs and sees great opportunities to rebuild the company's market share in the current market situation.

Colliers' expert: Why real estate stocks are climbing right now

Nordic — After a longer sour period, real estate shares are currently doing very well on the stock market and the sector has had an upswing of over 20 percent. Nordic Property News takes the help of Colliers head of research Mikael Söderlundh to get a handle on what is driving the positive trend right now, what the upswing means for the outlook on the real estate sector and how the companies will act in 2024 following the Riksbank's and the Financial Supervisory Authority's calls for, among other things, more sales.

"There are still investors with a lot of capital who will continue to invest in 2024"

Sweden Sweden — CBRE strengthens its advisory operations with Daniel Hummel as new CEO of the Swedish operations. He tells Nordic Property News about the new position at CBRE, the return to the real estate industry and gives his view on the transaction market in 2024.

YIT's way through the construction crisis

Finland Finland — Heikki Vuorenmaa, President and CEO of YIT, tells Nordic Property News about the challenging housing market, what measures that have to be done, and how to act, going forward.

November 2023: The Nordic top transactions

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in November, 2023.

Geopolitical tension and it's effect on investments in the hotel market

Nordic — Where does the hotel capital come from and how does it move in the global market? When the JLL manager summarize how geopolitics affects how capital moves, there are a number of different markets to keep an eye on.

Niam turns its eye towards logistics with major acquisition: "Seriously entering the segment"

Nordic — Through the deal with Savills IM, Niam is seriously entering the logistics market. The company's fund manager, Henrik Gerdin, tells Nordic Property News what the acquired portfolio means for the investment, what they look for in new logistics acquisitions, which markets they look at, and how he sees the logistics market in the Nordics.

The dark side of the real estate industry: "A million people can be working here illegally"

Sweden Sweden — The use of illegal labor may be much greater than previously thought. According to Jessica Löfström at Ansvar Säkerhet, as many as one million people can work in Sweden illegally, without security and with low wages. Nordic Property News has had to take part in the shocking figures.

Keyplayer leaves JLL

Nordic — Leaves JLL after four years to return to a former employer.