Slow rental market: "Dialogues from before Christmas are still ongoing"

Sweden Sweden — On the positive side Atrium Ljungberg reported an increased management result during the first quarter of the year, but CEO Annica Ånäs is dissatisfied with the negative net rental of SEK -13 million, a direct effect of Polestar's terminated major contract at Lindholmen. At the same time, the CEO testifies that the rental processes are taking longer and longer.

Key-player leaves Blackstone's Mileway for new CEO position

Sweden Sweden — Exits Blackstone's Mileway after four years to take on a new CEO position within the Green Group sphere.

Sharam Rahi about the journey from Iran to Balder

Nordic — Balder's Deputy CEO, Sharam Rahi, participated in Nordic Property News event Stora Kontorsdagen Gothenburg. There he talked about his family's flight from Iran, when he first came in contact with the real estate industry and how he and Erik Selin came to lay the foundation for one of Sweden's largest real estate companies over coffee and cigarettes.

Schroders lists interesting segments ahead

Nordic — Johan Bråkenhielm Nordic Head of Schroders Capital, Real Estate, sees a market where long-term capital can do well. He comments on which segments attract the German capital and how the most important relationships in the industry shape the way forward.

Catella on the market forecast

Nordic — Nordic Property News reporter had a unique opportunity to sit down with Catella's CEO Christoffer Abramson for a conversation about the health forecast for the property market in general, how Catella is preparing for the future and how he wants their project portfolio to develop going forward. “We must follow and lead the development,” he says.

How Logicor wants to grow on the Nordic logistics markets

Sweden Sweden — Logicor continues to expand its Swedish portfolio. After new land acquisitions in Staffanstorp and Nykvarn, Christoffer Walljaeger, Director Asset Management at Logicor Sweden, tells Nordic Property News about the plans for the newly acquired properties, how Logicor wants to continue growing in Sweden and shares his view on the logistics market.

Times of waiting in the industry: "Could put pressure on several players"

Nordic — A wait-and-see first quarter that was nevertheless a clear improvement compared to the corresponding period in 2023 - that's how you can summarize Q1 on the transaction market. According to Colliers' Head of Research John Petersson, there is one thing above all that many of the industry's players are waiting for in order for the transaction market to get started in earnest. What can it possibly look like when it does? You will find answers to that and much more here.

“Logistics has a strong future in Sweden"

Sweden Sweden — Verdion has strengthened its Nordics business with the appointment of Anders Johansson as Head of Leasing – Sweden. He tells Nordic Property News about his new position, Verdion’s rental business in Sweden going forward, the possibility of continued collaboration with rental advisors, and shares his view on Verdion’s Nordic position and the logistics market in Sweden.

Nordic top appointments in Q1

Nordic — A number of key positions on the Nordic real estate market got filled during the first quarter of 2024. Nordic Property News takes a closer look at the hottest Nordic recruitments in Q1.

This is why Union Investment leaves Stockholm CBD

Sweden Sweden — Just over a week ago, it became clear that German Union Investment is making its second sale in a short time in Stockholm's CBD. Kubilay Özbisikletci, Senior Investment Manager Nordics at Union Investment, now shares how he sees the Stockholm market and other investments in the Nordics now.

New international player focuses on Sweden

Nordic — Michael Abel, former Equity Partner of TPG Capital, an American multinational venture capital company that, among other things, invests in real estate and financial services, is now launching his new company, Greykite. Nordic Property News has spoken to Michael Abel about the new company, which will focus on real estate investments - with Sweden as a key market.

Top analyst: The segment with the biggest upside when the interest rate is lowered

Sweden Sweden — The indication from the Riksbank is that a first interest rate cut may take place in May or June, which is confirmed by the latest meeting protocol that was released on Thursday last week. For Nordic Property News, Arctic Securities analyst Michael Johansson provides a forward-looking analysis of the impact on the real estate sector and which pressured segment that enjoys the greatest upside from interest rate cuts.

Prologis on the fallout in supply and logistics scarcity to come

Nordic — The logistics giant Prologis has seen a major shift in the attitude to logistics property. At the same time, there is still a large deficit of the asset type in Europe. Prologis Head of Capital Deployment Europe, Sander Breugelmans, comments on the supply shortage ahead and what is causing that time needed for new construction has more than tripled.

March 2024: The Nordic top transactions

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in March, 2024.

"A segment which has taken market shares for several years"

Nordic — Bonnier Fastigheter broadens its operations towards the low-price retail segment when, via a deal in Kungens kurva in Stockholm, it becomes the owner of Prisma Properties. Bonnier Fastigheter's CEO Tomas Hermansson shares his view on the segment's potential, the investment in Prisma Properties and the possibility for Bonnier Fastigheter to enter other segments via indirect investments.

"The Nordic office market will continue to prioritize sustainability and flexibility"

Nordic — This Wednesday, Colliers announced that it is hiring Sven Moller as Head of Workplace Advisory, to review the company's office and workplace solutions. Nordic Property News had a chat with both the new employee Moller and with Martin Lindgren, Head of Occupier Services Colliers Nordics & Partner, partly to talk about Sven Moller's new assignment - but also to sneak a little insight into Colliers' general way forward with regard to the offices.

Top ten transactions during the first quarter of 2024

Sweden Sweden — Nordic Property News compiles a list of the largest transactions made on the Swedish market during the first quarter of 2024.

Ola Serneke's next step: "I will look at properties in southern and western Sweden"

Sweden Sweden — At the end of April, Ola Serneke leaves his operational role within Serneke Invest and continues to work in the company via a board seat in Doxa. Parallel to his board work, he intends to develop his private group. Ola Serneke told Nordic Property News about his feelings about leaving the operational role, the board work at Doxa, how he wants to develop and grow his private group and about the series of tough sports competitions he aims to participate in.

Blackrock's investment strategy for the Nordic countries

Nordic — Blackrock has found its own niche in the Nordics. That's what Thorsten Slytå, Managing Director and Head of Nordics thinks. At the same time, he sees the opportunities for them for a more diversified portfolio across the Nordic countries in the future – but that depends on the pricing.

The winners and losers on the stock market in March

Nordic — After two sluggish months at the beginning of the year the stock market took off seriously during March with green figures for almost all the real estate companies on the largest lists in the Nordics. Here Nordic Property News presents which companies performed best on the stock exchange during the third month of the year.

Max Barclay: "Not sure that Sweden is so far ahead"

Sweden Sweden — Max Barclay, with the titles deputy CEO and head of advisory operations at Newsec, predicts how the winds are blowing and scouts how 2024 will develop, which segment is the hottest right now and how advisors can take advantage of the development of artificial intelligence, AI.

Swedish municipality-owned company looks to divest its entire residential stock

Sweden Sweden — The entire remaining stock of municipal Lessebohus in Småland's Lessebo is on its way out for sale. Chairman of the board Gunilla Arvidsson tells Nordic Property News about the decision to sell, what she wants to see for potential buyers, what advisory services will be needed for a sale and the future of Lessebohus if the sale goes through.

The labor market conflict in Finland has a negative impact on housing trade

Finland Finland — The forecast pointed steadily upwards in Finland during the autumn. But now the real estate agent Sb-Hem's managing director Jukka Rantanen believes that the labor market conflict, the disagreement between the government and the unions and the ongoing strikes are slowing down the recovery of the housing trade in Finland. "The recovery in the housing market is delayed by the weakening of consumer confidence and the weakening of employment due to the conflict in the labor market," says Jukka Rantanen to Nordic Property News.

Nrep's conclusion for the office market: "Higher occupier demand in Copenhagen"

Nordic — The market situation, transaction prospects and the difference in the office segment across the Nordics were some of the things Nordic Property News reporter talked to Toke Clausen, Nrep's Head of Office, about during Mipim. He explain, among other things, why they are currently looking away from the Stockholm office market.

The figures showing the housing segment's falling returns

Nordic — For the second year in a row, housing was the weakest segment in Sweden in 2023 and for the first time in the last two decades, the segment has had a negative total return two years in a row, this did not happen even after the weak year of the financial crisis in 2008 when the recovery was faster. To get the facts behind the numbers, MSCI has presented its housing index for 2023 which, among other things, shows that we have now had six negative quarters in a row with a negative total return in Sweden.