Large Urban Development Project in Fast-growing Swedish City

Sweden Sweden — A major investment is being carried out in Karlstad when Färjestad is to be developed with 100,000 new square meters consisting of housing, offices, commerce and parking. Tomas Rhöse, CEO of Löfbergs Fastigheter, tells Nordic Property News about the work with the area, what it means for Karlstad's future and about the most important parts of the process going forward.

"We Are Continuing to See Strong Demand from a Range of Occupiers"

Nordic — Verdion launches a second fund that will raise EUR 400M. With the new fund underway, Nordic Property News catches up with Peter Michael Tetzlaff, Head of Investment – Nordics at Verdion, about the state of the company’s current projects and the Nordic logistics market.

"Many Companies Will Face Very Tough Times in the Coming Years"

Sweden Sweden — Annica Ånäs believes in three tough years ahead for the real estate industry and at the same time she feels that many business leaders still have their blinders on when it comes to the economic crisis. At Fastighetsmarknadsdagen Uppsala, Atrium Ljungberg's CEO shared more about how she sees the challenges ahead with more difficult financing and approaching interest rate shocks.

September Figures: Major Drops on the Nordic Stock Markets

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in September.

The Top Nordic Recruitments in Q3

Nordic — Nordic Property News lists the people who was recruited to the most attractive jobs in the Nordic real estate market during the third quarter of 2022.

After the Key Recruitments: How Niam Will Grow in Norway

Norway Norway — Rikard Henriksson, Managing Partner at Niam: “We believe there will be some acquisition opportunities in 2023.”

Head of Research: This is When the Transaction Trend Will Turn

Nordic — The silence is telling – news about real estate deals that usually appear at the end of a quarter is conspicuous by its absence right now. Pangea's Head of Research Mikael Söderlundh confirms the picture of a continued "wait and see market". He tells Nordic Property News when he thinks the tide will turn and talks more about the trends in the market and why the current status may pave the way for a familiar return later on.

Billions are Pouring Out of The Real Estate Companies on The Stock Exchange

Nordic — The nordic real estate companies have been dealt merciless blows on the stock market during September - Nordic Property News has looked at how many billions the companies have lost in market value during the pitch-black month.

"Underlyingly Norway Has a Relatively Strong Rental Market"

Norway Norway — Niam sets up the position to grow on the Norwegian market through the appointments of Morten Roland and Bjørn Olav Smørgrav. The incoming Country Manager, Morten Roland, tells Nordic Property News what attracted him about Niam, the company’s position and growth opportunities in Norway and about his view of the Norwegian market.

Sami Kiehelä's Goals as New CEO of Premico

Finland Finland — Sami Kiehelä has returned to the real estate industry as CEO and Partner of Premico. Upon his return he tells Nordic Property News what attracted him about join Premico, what he hopes to accomplish in his new role, what he learned during his break and about Premico’s status in the market.

Pandox to Remain Net Buyer

Nordic — Recently, Pandox has both acquired and divested hotel properties outside of the Nordics. After the two transactions, CEO Liia Nõu tells Nordic Property News about the deals, the company remaining a net buyer and about her view of the hotel market at the moment.

NCC Issues Profit Warning: "Energy Costs Affect Large Parts of the Business"

Sweden Sweden — NCC has issued a profit warning ahead of Q3 and the worse result is mainly affected by the asphalt operations within the Industry business area, which is grappling with increased energy costs. At the same time, the company has had problems with the management of certain housing projects in the Stockholm region, which has led to organizational changes according to CEO Tomas Carlsson. He shares more about the situation with Nordic Property News.

Updated Figures: The Largest Property Companies in the Nordics

Nordic — Nordic Property News presents the current market capitalization among the Nordic real estate companies on the stock exchange.

The Strongest Urban Logistics Markets in the Nordics Beyond the Capitals

Nordic — Logistics well placed to withstand economic disruption, according to DWS’ Nordic Real Estate Strategic Outlook. While fundamentals remain strong for logistics, there are are challenges that could keep rental growth in line with long-term inflation – with a clear exception in urban logistics that can see strong rental growth. Simon Wallace, Global Co-Head of Real Estate Research, comments on the strongest urban logistics areas in the Nordics beyond the capitals.

Updated Figures: These Nordic Preference Shares Have the Highest Dividend Yields

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, so far, in 2022?

Parakey Continues to Grow Despite the Recession

Nordic — The other Monday it became clear that Kim and William Olsson from the Stena owner family, former ice hockey player and Olympic gold medalist Mikael Samuelsson, and Henrik Garvner from Signup Software joined as investors. Together raising an investment of 28 million sek in the mobile access system company Parakey. Several existing owners – including Tham Invest, Green Group, Vätterleden Ventures and Bassholmen AB – defended their holdings. According to CEO and co-founder Jonas Arvidsson, the company is in a position where they can grow even more in the wake of the recession.

Taaleri on the Hunt for More Residential Assets

Finland Finland — Jan Hellman, Director, Investments at Taaleri Real Estate, on the major acquisition from Bonava in Helsinki, the sustainable focus in the company’s fund, and the high transaction pace in 2022.

Hufvudstaden's Ambitions for the Gothenburg Market

Sweden Sweden — Hufvudstaden has started work on the development of the major project Kvarteret Johanna in Gothenburg. After the groundbreaking, CEO Anders Nygren and Head of Gothenburg Fredrik Ottosson tell Nordic Property News about the big investment and the work with the neighborhood and how they want to grow in Gothenburg in the future.

Newsec: Strong Transaction Market in Sweden

Sweden Sweden — Despite worrisome economic clouds looming, the Swedish transaction market looks set to be heading for its second strongest year on record, according to the latest edition of the semi-annual property report Newsec Property Outlook. Max Barclay, Head of Newsec Advisory, tells Nordic Property News about the market's resilience, concerns about the future and why 2023 is likely to be a slower year.

"We Will Have Organic Growth through Our Existing Portfolio"

Sweden Sweden — Klarabo's CEO Andreas Morfiadakis on the rent potential in the company's portfolio, why Klarabo is well-positioned for tougher economic times despite a direct return of 3.9 percent and about the future demand for residential.

Stenhus Continued Refinement Strategy After the Randviken Acquisition

Sweden Sweden — Stenhus’ refinement process continues after the acquisition of Randviken. CEO Elias Georgiadis comments on the sale to Areim, leaving the Gothenburg market and about possible future divestments.

Policy Rate Raised by 1 percentage point in Sweden: "Construction Will Decrease"

Sweden Sweden — The Executive Board at the Swedish Riksbank has decided to raise the policy rate by 1 percentage point to 1.75 percent – a blow to many real estate companies. The Governor of Sveriges Riksbank, Stefan Ingves, comments on the decision.

Recruits New Head of Real Estate from the DFSA

Denmark Denmark — Danish Pension fund appoints new Head of Real Estate.

The Giant's Ambitions for the Swedish Logistics Market

Sweden Sweden — Global giant Panattoni entered Sweden late in 2021 and has already made investment of SEK 3 billion. CEO Fredrik Jagersjö Rosell shares his view of first period for Panattoni in Sweden, the challenges so far, and the growth ambitions for the market.

Headwinds and Tailwinds in Logistics – Expert Predicts a Harsh Winter

Nordic — Kevin Mofid, Head of Logistics & Industrial Research at Savills, sees an equilibrium within the logistics segment right now where there is a balance between the setbacks and the successes in the market. However, he warns of a harsh winter and that the headwinds may increase in strength.