Bonava's Peter Wallin calm despite German market turmoil

Sweden Sweden — Bonava sells apartment stock and builds new ones in the Cologne area. This at the same time as the cancellations in housing construction increase to a new peak level and the uncertainty in the market is enormous, according to experts. But Bonava's CEO, Peter Wallin, still believes in Germany: "It is a large and multifaceted market that we know well."

Heimstaden in need of capital: "I think they need to bring in close to SEK 25 billion"

Nordic — Analyst Michael Johansson at Arctic Securities is one of those who follows Heimstaden a little more closely, and for Nordic Property News he gives his views on the situation that has arisen in Heimstaden, which is in dire need of money. He talks about the biggest problems right now and how the company can solve its financing.

Zuckerman on the battery giant's sudden defection: "Caught of guard"

Sweden Sweden — During the past weekend, Logistea and Svenljunga municipality received the sudden announcement that the Norwegian battery giant Freyr chooses to end the cooperation agreement regarding the possible establishment of a battery factory in Svenljunga. "We were caught of guard," says Logistea's CEO Niklas Zuckerman to Nordic Property News and talks about Freyr's explanation for the sudden announcement, how the company is moving forward and what they still see as potential at the planned construction site.

In the challenging environment: CBRE IM’s Nordic investment focus

Nordic — Jenny Tuleby, Head of Transactions and Investment Operations, Nordics, at CBRE IM, on her first year at the position, why she sees benefits for the investment manager on the transaction market, and in what segment CBRE IM aims to grow in the Nordics, going forward.

August 2023: The Nordic top transactions

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

"At best, we won't see forced sales"

Nordic — During Sepref's seminar on the financing of real estate, Maria Gillholm, senior credit officer at Moody's, spoke about their view of the Swedish market and the challenges it faces. As long as the banks retain their appetite, there is nothing to worry about, she says.

International superstar becomes a partner in the Swedish real estate profile's company

Sweden Sweden — A Swedish property profile and an international superstar in business? It has become a reality in Greece, where Giannis Antetokounmpo's company invested in Stenhus owner Elias Georgiadis-owned Hellenic wineries. For Fastighetssverige, Elias Georgiadis talks about the deal with the world star, the success with the Greek real estate company Premia Properties and the situation on the Greek market.

"The bond market is opening up"

Nordic — Danske Bank-dou Louis Landeman, Senior Credit Analyst, and Marcus Gustavsson, Credit Researcher, took part in Sepref's seminar real estate financing. There they shared their views on the bond market, where certain changes can be glimpsed.

Swedish heavyweights take next step in major Stockholm project

Sweden Sweden — New offices and residences of over 100,000 square meters are planned when Fabege and NCC invest heavily in Solna Business Park. Nordic Property News tells you more about the plans going forward.

Leaves Castellum to start a new company

Sweden Sweden — A new company enters the Swedish real estate market when Tina Lindh leaves Castellum to start Equity Places, which will work on developing holistically sustainable properties and neighborhoods. She tells Nordic Property News about the new venture, the need for more knowledge about holistic urban development and social sustainability, the goals for the company and the importance of representation for younger people with a foreign background in the industry.

Johan Michelson believes in a strong future for hotels

Nordic — BWH Hotels is now investing heavily in the Aiden brand on the Swedish and Norwegian markets, with the launch of seven new hotels this autumn. Johan Michelson, CEO of BWH Hotels Scandinavia, talks about the new venture and how the collaboration with the hotel operator CIC Hospitality will look like.

Newsec lays the foundation for a Nordic Advisory Board

Nordic — Last week, Newsec announced that they had attached five new heavy names to a Swedish Advisory Board. The intention is that the addition should complement the advisers, according to Max Barclay, vice president at Newsec. But they are also looking for similar industry names in the other Nordic countries.

After the Turku acquisition – Niam is looking to expand its Finnish portfolio

Finland Finland — Niam continues to expand its Finnish portfolio through the acquisition of the Sampotalo office building in Turku. Antti Muilu, Country Manager at Niam, tells Nordic Property News about his view of the Turku market and the state of Niam’s Finnish portfolio.

"The proportion of 'failed transactions' has increased significantly"

Sweden Sweden — The renowned real estate lawyer Safa Mahmoudi has been promoted at TM & Partners and was recently appointed Managing Partner at the firm. He tells Nordic Property News more about the new role, why there has been higher activity on the transaction market than one might think and what the trends in the market look like ahead of autumn and winter.

Christina Hambäck appointed new CEO of Qarlbo Property: "The company should grow"

Sweden Sweden — Qarlbo Property recruites Christina Hambäck as new CEO. She tells Nordic Property News about her new position, her view of the company she is joining, the goals for Qarlbo Property and how she will benefit from her long career in the property industry when she settles into the CEO's chair.

August was the strongest month on the housing market

Finland Finland — According to Jukka Rantanen, CEO of the real estate brokerage chain Sb-Hem, consumers have returned to the housing market in Finland after the quiet month of July. Rantanen shares his take to Nordic Property News, concerning the positive development.

Winners and losers on the Nordic stock markets in August

Nordic — It was mostly a bleak month for the listed Nordic real estate companies during August, with the exception of Eastnine which rallied heavily after the sale of Russian company MFG. Here Nordic Property News presents a list of the companies' performance during the eighth month of the year.

Patrick Gylling comments the CEO change at Cibus: "The financial carries a lot of weight"

Nordic — Sverker Källgården leaves Cibus as CEO after four years. Cibus' chairman of the board, Patrick Gylling, explains why the decision is coming now and what they are looking for in a future CEO.

Sverker Källgården on his time with and exit from Cibus

Nordic — Cibus is making a change at the very top. Sverker Källgården is stepping down as CEO and a successor is to be recruited. After the announcement, Sverker Källgården tells Nordic Property News about his feelings about leaving the company, how he views his time as CEO and how he views Cibus' status today, as well as his thoughts on his own future.

The top ten Nordic logistics transactions so far in 2023

Nordic — So far in 2023 the top ten logistics transactions in the Nordics have reached a total volume of approximately EUR 1.3 billion, making up about half the totalt transaction volume for logistics as a whole in the region so far this year. Nordic Property News presents the key figures behind the ten largest logistics deals up until July 2023.

Dramatic drop for logistics transactions in the Nordics

Nordic — Logistics has been the third largest segment in Europe and the Nordics for the past three years, but transaction volume for logistics in the Nordics has plummeted so far in 2023, down 75 percent compared to 2022 according to the latest figures from Colliers. Here Nordic Property News dives in to the Nordic logistics market with the help of Colliers' latest figures and outlooks for the growing segment.

The Nordic top buyers and sellers during H1

Nordic — The Nordic transaction market has been cool during the first half of the year and this is reflected when Nordic Property News compiles a list of which property companies that have bought and sold the most during the first six months of the year. More than a dozen companies have been completely inactive on the transaction side.

The next step for Klövern under the new CEO

Sweden Sweden — With Nrep as the new main owner, changes are being made to the CEO's chair in Klövern. The new CEO Rickard Langerfors tells Nordic Property News about the new position, the ambitious goals for Klövern and the accompanying challenges, in which markets the company wants to grow and about the possibility of new acquisitions.

Rising yields expected in Sweden’s largest markets

Sweden Sweden — Here are the yield development expectancies in Stockholm, Gothenburg and Malmö, according to SEPREF’s Q3 consensus forecast.

"Foreign investors are waiting for more price adjustments"

Sweden Sweden — Savills' Head of Research Maryrose David sees that to a large extent the foreign investors are still waiting for a further price adjustment to take place in the Swedish transaction market before they start to get involved in deals. In addition, she explains why Sweden and Germany are the European countries most affected by dramatic losses in transaction volumes so far this year.