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After the sale of Trekanten – Citycon ready for more divestments

Norway Norway — Citycon divests the center Trekanten in Oslo and feels that the market is starting to come back. After the latest divestment, COO Erik Lennhammar talks about the process and the work with future divestmenst.

How Storsala wants to grow with partnerships: "Great value"

Sweden Sweden — Storsala takes the next step and increases the portfolio with building rights in the Sundbyberg district of Ursvik - in an acquisition made in collaboration with Niam and Derome. Storsala's CEO Orlando Villacrez tells Nordic Property News about the deal, the possibility of new business together with partners in future projects, how he sees the portfolio after the acquisition and where they want to grow in the future.

How Catella will gain the upper hand through AI: "We want to shake up the industry"

Nordic — For almost two years, Martin Johanson, CIO and CAIO at Catella, and the team have worked on developing an AI tool that will shake up the otherwise conservative real estate industry. “We think it will hit pretty hard when the traditional well-ironed shirt meets the one who has the upper hand in information.”

They have the highest LTVs in the Nordics

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies had by Q2 2024.

Nrep co-founder launches new real estate company – here is where they want to invest

Nordic — Nrep co-founder Rickard Dahlberg is back with a new venture. In the newly started company South Bay, the focus will be on investments in the company in the early stages and on real estate. Rickard Dahlberg told Nordic Property News about the new company, the team he has started to build, which investments they want to make and where.

The Nordic companies with the lowest ICRs

Nordic — Nordic Property News presents a list over the Nordic listed companies with the lowest Interest Coverage Ratios by Q2 2024.

SLP brings in EUR 100 million for new acquisition – here is what they are looking for

Sweden Sweden — SLP gets addition of capital for new acquisitions. After the new share issue, CEO Tommy Åstrand tells Nordic Property News where and what type of properties the capital should be invested in.

CBRE Capital Markets recruits profile: "Hope to strengthen the market position"

Denmark Denmark — CBRE is strengthening its department for real estate transactions and financing. CBRE Capital Markets has thus engaged Mads Skaarup, a widely recognised real estate professional with extensive transaction and financing experience. Skaarup tells Nordic Property News about his new job, and the challenges on the Danish property market.

The companies with the highest occupancy rates

Nordic — Nordic Property News has taken a closer look at how the companies' occupancy rates stand six months into 2024.

Areim's targets for the hot segment

Sweden Sweden — Areim takes the next step within the hot warehouse and light industrial segment. Through the portfolio acquisition from Castellum, Areim enters the Västerås market and thus takes its first steps outside the metropolitan regions. Jesper Warén, Head of Light Industrial Investments at Areim, tells Nordic Property News about the new milestone, how they want to grow in Västerås, potential expansion into more new regional city markets and about long-term goals for warehouse and the light industrial portfolio.

Colliers’ expert on the office trends tenants demand

Nordic — The tenants' preferences and challenges will shape the office stock, with vacancies as a result. Martin Lindgren, Head of Occupier Services at Colliers Nordics, shares his view on where the winds are blowing and what the driving forces are behind the companies' changing needs.

Major assignment could open new doors for Fokus Nordic

Nordic — Fokus Nordic recently secured a major asset management assignment for Danish pension giants. Michael Rønnelund, COO at Fokus Nordic, tells Nordic Property News about the significance of the assignment and what new doors it could open for Fokus Nordic.

They increased their rental income the most during Q2

Nordic — Nordic Property News has taken a look at the listed property companies' reports for Q2 2024 to see which of them report the largest increase in net rental income compared to 2023.

Prisma Properties adds key-player

Nordic — Expansive Prisma Properties brings in new key-player to a top position.

Ola Serneke on the Doxa exit and his new venture

Sweden Sweden — After exiting the Board of Directors at Doxa, Ola Serneke tells Nordic Property News about the decision and about the new company he is starting.

Write-downs are decreasing among the Swedish real estate companies

Sweden Sweden — Ever since the second half of 2022, the companies' real estate values ​​have fallen in every single quarter, but during the first quarter of the year you could start to see a trend break for most Swedish companies, something that also continued during Q2. After the last reporting period, Nordic Property News has again looked at the property values ​​of the listed companies on the two largest lists and can state that fewer and fewer companies are writing down the values. Here is the full list.

Bonava: "Joint ventures will increase significantly"

Sweden Sweden — The number of collaborations and joint ventures will steadily increase, says regional manager Carmtih Mårtensson at Bonava. During Thursday, they were able to disclose their first endeavor with Obos. As early as next year, they will jointly undertake to build 200 homes in the emerging Södra Änggården district in Gothenburg. But building in the city is far from optimal, he says.

American bank invests in Genova

Sweden Sweden — Enters among the company's ten largest owners.

Verdion: “We are continuously exploring new opportunities across the Nordics"

Nordic — Peter Michael Tetzlaff, Verdion’s Head of Investment – Nordics, on the latest Jutland project, future targets in the region and why Nordic markets remain attractive for logistics investments

SBB's game plan when the tide turns

Nordic — The liquidity is at stake and the focus of everything SBB has done and continues to do. At the presentation of the second quarter's results, it was clear which path the company has set out and how they continue forward. And it seems that a rerun is the main option.

What real estate can learn from other industries

Nordic — Colliers is stepping outside the box with its latest management team recruitment. The company's new COO, Farid Shawkat, who most recently joins from the telecom industry, tells Nordic Property News what experience from other industries such as the real estate industry can benefit from, what attracted Colliers, about taking the step back into the real estate industry and about the goals of his new position.

Where Niam looks for new investments for the opportunistic EUR 805 million fund

Nordic — Niam Nordic VIII is the second largest opportunistic fund in Niam's history, with its EUR 805 million. The expectation is that Niam's eighth fund will be fully invested in the first half of 2025 as they have several deals under due diligence and see other good opportunities ahead, says Fund Manager Henrik Gerdin.

P-G Persson's new venture is ready for action

Sweden Sweden — The former Platzer CEO P-G Persson has together with four other major players founded Safjället Fastigheter and now the company is soon ready to start acquiring its first properties. P-G Persson talked about that and revealed more about the future when he visited the Local Market Day in Gothenburg that Nordic Property News sister paper Fastighetssverige arranged on Wednesday last week.

Doxa's CEO steps down: "Challenging times"

Sweden Sweden — In just four days, board member Ola Serneke and CEO Victor Persson have decided to leave Doxa. To Nordic Property News board chairman Greg Dingizian and Victor Persson explains what is behind the decisions.

Logistics vacancies are increasing – but will level out

Nordic — Maryrose David, head of analysis at Savills in Stockholm, spoke at the Local Market Day in Gothenburg about the different segments in the real estate industry and how things have changed at the top of the market. Her initiated overview of the state of affairs in the various types of investment showed which of them are the most attractive to invest in today.