Nordic — Over the last year, a large number of Nordic real estate companies have seen property values go down due to write-downs – and in other cases due to divestments. Nordic Property News takes a closer look at which companies have had the largest decreases in their property values.

Denmark — On Monday, Pandox announced a deal with Strawberry for the operation of Hotell Mayfair in Copenhagen. Jonas Törner, Chief Commercial Officer at Pandox says that the development in the Danish capital has been fantastic and that there are opportunities going forward to sharpen the portfolio structure. At the same time, they will increase discipline in the investment calculations in order to adapt to the new economic conditions.

Sweden — The company AB Invest wants to build a 40-storey wooden office building in Kista in Stockholm – that would make it the world's tallest wooden building. Nordic Property News reveals more about the ambitious project and its contents.

Sweden — The opposition's proposal to investigate the possibilities of buying the Russian consulate in Gothenburg was voted down by a majority during last week's meeting of the municipal board, and now it is unclear what is going to happens to the building. Axel Josefson (M), opposition councilor and the municipal board's 2nd vice chairman, and Jonas Attenius (S), chairman of the municipal board, comment on the situation for Nordic Property News and why there is very little that the city can do right now.

Finland — Fokus Nordic has expanded into the Finnish market. CEO Tonny Nielsen tells Nordic Property News about the Finnish entry, the company’s ambitions for the market, how the expansion will benefit the entire company and about his views on the market situation in Finland.

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

Sweden — Housing construction is said to have collapsed, purchasing power eroded and assets lost value. Construction costs and interest rates have risen, while there is a major housing shortage. But several companies and their managers have ideas about how to turn it all around. Obos' CEO Joakim Henriksson is one of them.

Sweden — Oscar Properties has an unsustainable capital structure given the interest rate situation. An agreement with all lenders is now required, says the new CEO, Carl Janglin.

Nordic — Next Thursday, the flood of reports for the real estate companies starts again as Atrium Ljungberg is the first to release its Q3 report. Nordic Property News talks to Arctic Securities analyst Michael Johansson to get a picture of how the companies are doing, what will be most interesting in the reports and which companies he thinks will deliver the stronger and weaker reports.

Nordic — The transaction market in the Nordics is the weakest in a decade, and Colliers does not expect any particularly large improvement during the final quarter, although they expect it to be the strongest of the year and that approximately a further EUR 10 billion will be turned over until the end of the year. For the real estate market as a whole, it will take some time before the recovery is here, first the stock market and then the bond market have to correct themselves, Colliers' Nordic CEO Bård Bjølgerud said during the company's latest Nordic Outlook presentation.

Nordic — Recently it became clear that Nordr is buying out the joint venture they had with Rikshem. Rikshem wanted to focus on rental properties, and for Nordr's part, they saw an opportunity to take the wooden house business out to wider market. Biljana Pehrsson, CEO of Nordr Sweden, says that the purchase is a way to expand in a way that others have not done.

Nordic — The flexible workplace was the new trend that emerged from the pandemic. Offices that only slightly had adapted the digital transformation was forced to break new ground. Especially in parts of Europe, where lock-down was strict. Now, with the instability in the inflation and higher rates, the demand on employees to return to the office will increase, states Thomas Beyerle, Head of Group Research Catella.

Nordic — A number of people have left or are about to leave important posts in the Nordic real estate industry and thus join the crowd of profiles from earlier on the list of so-called free agents. Nordic Property News has taken a closer look at some of the hottest profiles available in the Nordics.

Nordic — The majority of listed Nordic real estate companies continued to retreat on the stock market during September, but pressured SBB made a strong turnaround at the end and was one of the companies that increased the most during the month. Here Nordic Property News presents a list of the companies' performance during the ninth month of the year.

Nordic — Several prestigious positions on the Nordic real estate market has gotten filled during the third quarter. Nordic Property News takes a closer look at the hottest Nordic recruitments in Q3.

Nordic — In connection to the British property group Vegner and the two Finnish property managers ISTO and M3 Isännöinti joining the Ovedo group, Nordic Property News spoke with the rapidly growing company's CEO, Daniel Larsson, who does not rule out further expansion.

Nordic — In the short term, Colliers' Head of Research Mikael Söderlundh still sees major challenges for the real estate sector in Sweden, and also in the Nordic region as a whole. He believes that there is a large backlog in property value write-downs and that there is much more to come, while there are long-term signals that are strong.

Finland — Inflation and rising interest rates have led to a precarious situation in the Finnish housing market, a situation that has lasted exceptionally long. The main drivers of the housing trade, i.e. interest rates, consumer confidence and employment, are not expected to change for the better in the near future. The industry therefore needs effective and rapid support measures to recover. This is the opinion of Jukka Rantanen, CEO of Finnish Sb-Hem, who proposes that the interest deduction for mortgages be reintroduced and that the transfer tax be abolished.

Sweden — Today Nordic Property News concludes the survey where some of the industry's largest transaction advisors give their view of how they have experienced the historically weak transaction market so far this year. They talk about the new challenges, opportunities and trends in the market. Today the turn has come to a trio of advisers consisting of Newsec, JLL and Savills.

Sweden — The team behind Odalen Fastigheter, which was acquired by SBB in 2022, has left the company for a new venture under the new name Samfori. CEO Alex Mabäcker tells Nordic Property News about the decision to leave SBB, the new company and investments to be made with Samfori, as well as gives his view on the problems in the political conversation connected to elderly issues.

Sweden — Nordic Property News continues the survey where some of the industry's largest transaction advisors give their view of how they have experienced the historically weak transaction market so far this year. They talk about the new challenges, opportunities and trends in the market. Now the turn has come to Colliers and Croisette.

Nordic — Nordic Property News today begins a series of articles in which some of the industry's largest transaction advisors give their view of how they have experienced the historically weak transaction market so far this year. They talk about the new challenges, opportunities and trends in the market. First up in the survey are CBRE and Catella.

Nordic — Areim changes CEO – in March 2024, Henrik Landelius steps in and succeeds Therese Rattik. The incoming CEO tells Nordic Property News about the choice to join Areim, how he views the company, the strength of having Therese Rattik remain in the organization, how he is as a leader and about full focus on the end of NCC.

Nordic — Nordic Property News presents a list over the Nordic listed companies with the lowest Interest Coverage Ratios for Q2 2023.

Sweden — SBB's CEO Leiv Synnes tells Nordic Property News about Sunday evening's big strategic transaction which means that SBB releases majority control over Educo and presents a new corporate structure. Read about the ambitions with the changes, how the new structure is intended to strengthen the company going forward and the plan for the housing portfolio.