Nordic — Genesta is an independent property fund company with a focus on commercial properties in the Nordics. It is also the company that Anders Palmgren co-founded almost exactly 20 years ago. Close to the anniversary, however, it is clear that the partner and senior director with a focus on transactions and capital raising will leave his post. Nordic Property News had a conversation with him about why he came to the decision.

Finland — In yesterdays Q2 report, Kojamo announced that they are launching a savings program with the aim of maintaining the company’s profitability. During the presentation of the report, CEO Jani Nieminen said among other things that the measures could lead to a maximum of 80 employees being laid off from the company.

Nordic — We have more tools and greater flexibility than most," says Obos CEO Daniel Kjørberg Siraj to Nordic Property News after the second quarterly report. The company reported a profit before tax in the second quarter of SEK 1,218 million, an increase from SEK 542 million from the year before. However, housing sales have more than halved.

Nordic — During the last week of July, Skanska presented its second interim report for the year. Although building/construction reaches record levels, times are tough especially in housing development. Magnus Persson, CFO said that despite the increasing number of unsold homes is expected to increase and no projects being started, there are glimmers of light.

Finland — Toivo Group’s CEO Markus Myllymäki: “Only the best projects can be launched.”

Sweden — Colliers is increasing its presence in the Nordics and Sweden. One step in being able to advance the positions is the recruitments that the company has made, to strengthen within letting and tenant service.

Finland — Antti Muilu, country manager Niam Finland, on the recent office acquisition in the booming Helsinki area, and why remote working has an important impact in decision making, going forward.

Nordic — Nordic Property News presents a list of the current vacancy rates among the listed Nordic real estate companies.

Nordic — Returned back in 2014 – resigns from his position at the company once again.

Nordic — Nordic Property News presents which of the listed Nordic construction and real estate companies that have the best yields. Here is the complete list.

Nordic — Nordic Property News presents an updated list of the listed real estate companies' market capitalization after the summer trading. A strong July has caused several of the largest companies to increase by several billion.

Denmark — Peter Winther, Executive Director and Head of Capital Markets at Colliers Denmark, on the transaction year so far in Denmark and his forecast for the rest of 2023.

Nordic — Nordic Property News has listed the Nordic real estate companies’ preferred stocks. Which stock provides the highest yield and which stock has had the best development during 2023?

Sweden — Most segments can count on a normalization of the price picture on the transaction market sometime in the first half of 2024 at the earliest, this is evident in Collier's latest Market Snapshot, among other things.

Sweden — In recent months, K-Fastigheter has increased its building rights portfolio through several acquisitions, most recently at the end of June when it bought from Serneke. Johan Hammarqvist, Head of IR and Communications, tells Nordic Property News about the investment in Gothenburg, the view of the Gothenburg market, where you want to grow and what organization you want to build in the city.

Nordic — Nordic Property News presents a list of the companies' performance on the stock exchange during the seventh month of the year.

Sweden — Nick Axford, Chief Economist at Avison Young participated in the Capital Markets Days in Båstad where he gave his view on how the global economy is now setting a new but old standard for how the real estate market will work going forward.

Sweden — After eleven years at Serneke, Michael Berglin has now left the company and his role as CEO. For Nordic Property News, he comments on the decision.

Nordic — According to Matthias Kettelhoit, Head of Logicenters, NREP's logistics platform, the pace of expansion of logistics companies will soon begin to slow down. At the same time, he sees no crisis in the logistics industry: "I don't think we have signed as many contracts as we did in the first half of 2023."

Sweden — During the Capital Markets Days in Båstad earlier in July, Henrik Mitelman, independent analyst, columnist for Dagens Industri and formerly head of analysis at SEB, spoke about where he thinks the economy is headed. Is it a bump in the road we are experiencing – or is it time we woke up to a new reality?

Nordic — Despite a weak market, CBRE Investment Management has been quite active with both sales and purchases over the past year. Marcus Arvidsson, Senior Asset Manager, does not rule out further sales - even if the plan is to grow.

Nordic — The permafrost on the Swedish transaction market has been at a stable low for a few quarters, but by late spring 2023 a possible thaw could be discerned. Activity has picked up somewhat and buyers and sellers seem to be starting to find each other again - but is it a total thaw we are seeing? Joakim Arvius, CEO of Colliers Sweden, gives his view on the transaction market in the summer of 2023.

Sweden — Maria Wetterstrand, CEO of Milton Europe and former spokesperson for the Swedish Green Party, spoke at the Capital Market Days in Båstad earlier in July. Her speech contained some praise for the industry, but mostly criticism: "The transition to a green and sustainable real estate industry must speed up."

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in the first half of 2023.

Finland — Nordic Property News presents the largest transactions on the Finnish property market in the first half of 2023.