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Real Estate Giant Ready to Embark on Large Office Project in Sweden's Silicon Valley

Sweden Sweden — The detailed plan for over 31,000 square meters of new office space is now only awaiting approval by the city council before work can begin.

Exclusive with Blackstone: “The Nordics Is One of Our Core Markets”

Nordic — Michael Swank, Senior Managing Director, Blackstone, tells Nordic Property News about the Nordic investment plans, the focus segment in the Nordics and the company’s view on ESG when investing.

Weakest Q1 in a Decade – Dramatic Drop in Transaction Volumes

Nordic — Q1 2023 is the weakest first quarter in the transaction market in a decade, new figures from the adviser Colliers show. The recovery forecast will now probably have to be pushed forward to the autumn, says head of analysis Mikael Söderlundh in an interview with Nordic Property News, where he also comments on the dramatic drop in volume, how discussions are going on the market and why property values will probably have to be written down even more in the upcoming Q1 reports.

Prisma Takes on the Nordic Low-price Segment

Nordic — In Sweden the only type of store segment that has increased in recent years is discount stores. Despite that, until now there has not been a company that has focused solely on that segment. This is what Fredrik Mässing, new CEO of the newly formed company Prisma see as an advantage. "We have large growth plans in the coming years, both in existing acquisitions and through the development of new locations".

CBRE's Expectations on the Transaction Volume for 2023

Nordic — Patrik Kallenvret, Head of Capital Markets Nordics, CBRE: "There are reasons to be more optimistic now."

Lidl's Property Director on the Future Expansion Plans

Sweden Sweden — With inflation continuing to rise in Sweden, Lidl is especially in the limelight after it was the first among the food chains in Sweden to lower the prices of a number of items from the assortment. In an exclusive interview with Nordic Property News, property director Carl Balcer talks about how the chain works with its store concepts, how it has prepared for greater customer pressure and what they are looking for in terms of locations in their quest to expand in the Swedish grocery market.

Increased Bonus for Batljan in 2022

Sweden Sweden — The CEO of SBB increased his basic salary last year and also received a bonus increase of almost 55 percent compared to 2021.

Cernera's Development Plans after the Change in CEO

Sweden Sweden — Just like last year, Cernera is changing the management team – this time by naming Oskar Malmén as CEO of the company. The incoming CEO tells Nordic Property News about the change, how the company will be weighted going forward and which will be the most important parts during the remainder of 2023.

Another Tough Month for Nordic Real Estate Stocks

Nordic — A difficult February was followed by a tough March where property companies continued to fall heavily on the stock market – nearly all of the companies on the largest nordic lists lost value during the month. Here Nordic Property News presents a list of how the companies performed on the stock exchange during the third month of the year.

Klövern's Future Plans after the Major Investment from the Secret Investor

Sweden Sweden — Klövern's owners, Corem, ALM Equity, and Broskeppet Bostad, have entered into a letter of intent with a secret international investor that the latter intends to acquire 25 percent of the shares in Klövern, to a value of approximately SEK 1,350 million. Klövern's Chairman of the Board, Patrik Essehorn, tells Nordic Property News about the new issue and plans for the future.

Nordic Top Recruitments in Q1

Nordic — The hottest Nordic recruitments in Q1.

Development Plans for Listed Duo to Change

Sweden Sweden — Trianon and JM want to build several hundred homes next to the Entré shopping center in Malmö – but the plan will change slightly in connection with the fact that the land reference must now be extended. Nordic Property News takes a closer look at the project.

Skanska Looks to Add Residential and Offices in Hot Malmö Area

Sweden Sweden — Skanska wants to demolish parts of the existing buildings on the site and develop the block with, among other things, new residential and office buildings. Nordic Property News takes a closer look at the plans.

Logicor's Nordic Expansion Plans after the Latest Acquisition

Nordic — With a new off market acquisition from Corem, Logicor continues to strengthen its position in the Nordics. Christoffer Walljaeger, Director, Asset Management in Sweden at Logicor, tells Nordic Property News about the plans for the newly purchased property in Rosersberg, what new acquisitions they are looking on the Swedish market and about the growth plans in the entire Nordic region.

Arnhult's Private Company Divests Big Volume in Castellum

Sweden Sweden — Rutger Arnhult's ownership company M2 Asset Management has repaid a securities loan of just under SEK 3 billion regarding shares in Castellum. After the transaction M2's ownership in Castellum amounts to approximately 1 percent of capital and votes.

They Increase their Rental Income Most in 2022

Nordic — Nordic Property News has taken a closer look at the listed property companies' rental income in 2022 to find out which heavyweights increased their income the most compared to 2021. Here is the full list.

Winners and Losers on the Stock Market Since the Pandemic Bottom

Nordic — It has now been a little more than three years since the pandemic bottom was reached on the nordic stock markets, and Nordic Property News has taken a look at which property stocks on the largest lists have performed best and worst during this period.

Castellum's Plans for Western Sweden – under the New Regional CEO

Sweden Sweden — Last week, Castellum appointed Joacim Sjöberg as the new CEO for the company – now they have also found the successor to Mariette Hilmersson as CEO for Castellum West. The incoming CEO for Castellum West, Örjan Rystedt, tells Nordic Property News about the new role, the project development and the strategy for Western Sweden.

Akelius Increases Ownership in Castellum

Sweden Sweden — On Friday last week, Akelius bought two million shares in Castellum for approximately SEK 224 million. It is the first time since October 2022 that Akelius has increased its holding in Castellum and now the ownership amounts to 12.73 percent of the capital.

How Svenska Handelsfastigheter Plans to Grow with the New Capital Injection

Sweden Sweden — A continued tough market but great opportunities for those who want to make acquisitions. Incoming CEO Thomas Holm tells Nordic Property News about what the new addition of capital can bring to the company and about stepping into the CEO role.

Launches New Swedish Real Estate Company

Sweden Sweden — A new real estate venture is off the blocks. Together with Frentab, the experienced duo Kristoffer Lidbrandt and Joakim Hofsten will run Frentab Fastigheter. They tell Nordic Property News about the investment, why they wanted Frentab as a partner, where they look for acquisitions, what type of properties they want to buy, what price range they consider interesting and about the possibilities for JV collaborations.

"Most Investors See no Insecurity with The Proximity to Russia"

Finland Finland — NREP's CIO and partner Jani Nokkanen looks at the pros and cons as well as the hot and weak segments of the Finnish real estate market.

Prologis Is Searching for Falling Angels

Nordic — The price tag has to be right, and Prologis is looking to acquire land, real estate and other companies at this time. “We have strong funds and are able to buy and invest when we find a good deal” Björn Thiemann, SVP for northern Europe says to Nordic Property News. But there are dark clouds on the horizon.

Castellum's Focus under the New CEO

Nordic — One of the most coveted positions in Swedish real estate has been filled as Joacim Sjöberg succeeds Rutger Arnhult as CEO of Castellum. Joacim Sjöberg tells Nordic Property News about his view of the new role, the period as acting CEO, the strength of having sat on the board of companies and how he sees Castellum's position now and for the future and which properties the company will focus on in the future.

Despite the Red Flags: Nordic Logistics Still an Attractive Investment

Nordic — Emma Angser, Head of Industrial and Logistics, Capital Markets, at CBRE on the major logistics challenges when investors are looking for investments in the segment, and the current Nordic activity.