Sweden — Mipim starts in three weeks and Nordic Property News has taken a closer look at which Nordic companies sends the most participants to the real estate fair. First are the participants from Sweden.

Sweden — The beginning of the year has meant some setbacks for the short and long interest rates and as late as the other day there were bad inflation figures from the USA which affected the listed part of the real estate sector in a negative way. But Mattias Baggfelt, head of Debt & Financial Advisory at JLL, still believes in a 2024 where the interest rate situation in Sweden will gradually improve and where a first reduction will come sometime around May/June.

Sweden — 2023 has been a gap year for Klarabo, due to the turbulence experienced by the market and the outside world. The company already started measures in 2022 to get through the concern that has spread around the world. Klarabo has put growth on hold and basically paused all new production in favor of working with organic growth, through investments in its own stock. Andreas Morfiadakis, CEO of Klarabo, is satisfied with the financial results.

Sweden — Adam Tyrcha, Head of Research, Newsec Advisory and Anders Elvinsson, Head of Valuation and Strategic Advisory, Cushman & Wakefield looked, among other things, at the office and housing markets when they participated in a panel debate on the market situation organized by MSCI's Property Intel earlier this week. Here are the strengths and weaknesses of the segments and what investor appetite looks like.

Sweden — With the acquisition of the Kyrkan centrum in Täby, Storsala continues its investment in expanding the portfolio. CEO Orlando Villacrez tells Nordic Property News about the latest acquisition, how to take the property value from SEK 1.7 to 5 billion (EUR 155 to 455 million) within three years and how the first year with the Storsala investment was.

Sweden — Castellum experienced a volatile net rental during 2023 which landed at minus 67 million, the majority of which is attributed to Q4 when there were several major relocations. Bankruptcies are also increasing in Castellum's portfolio, and CEO Joacim Sjöberg does not think it is unlikely that the vacancy rate for the company will further increase in 2024.

Nordic — The end of 2023 was a fairly active period for Wihlborgs, with a record high value of newly signed leases during the fourth quarter. The company also had large redundancies but also a positive net rental in the quarter. On Tuesday morning, Ulrika Hallengren, CEO of Wihlborgs, had to present a financial statement that contains both highs and lows. "It has been a period of major changes."

Sweden — On Monday, a major fire broke out at NCC's Oceana project in Gothenburg. The fire started at a water attraction on the outside of the building and later spread to the rest of the building. A person who worked for the amusement park Liseberg on the project is still missing. Niklas Sparw, business area manager NCC Building Sweden, comments to Nordic Property News what it was like to see the devastation in a project he has visited many times, at what stage the construction was and the hope that there are certain parts that can be saved.

Nordic — CBRE grows from within as Christer Farstad is appointed Head of Occupier Advisory & Transaction Services in the Nordics. He tells Nordic Property News about his new position, his view on the Occupier Service market, and the most important tasks within the segment in 2024 for CBRE.

Nordic — Nordisk Renting has appointed Caroline Bertlin's successor as CEO and decided on Anna Hallsten. Chairman of the board Niklas Johansson tells Nordic Property News why Anna Hallsten was the right person to take over, about the possibilities for more recruitments and what will be the most important tasks for Nordisk Renting in 2024.

Sweden — Balder's CEO Erik Selin predicts a quiet 2024 for the company, which in many ways will be similar to their 2023. There are no project starts planned during the year, and he also does not see much activity ahead of him in the transaction market, although he believes that as a whole the market will thaw more during the course of the year.

Nordic — Eastnine has had a rollercoaster year. Even so, they are reporting the best year yet operationally. CEO Kestutis Sasnauskas says that they are now in several discussions for future transactions.

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

Sweden — Diös outgoing CEO tells Nordic Property News about the future after he leaves the company at the turn of the year, how he views his decade as CEO, the biggest challenges and the great pride in what he and his employees have built together since 2014.

Nordic — Swiss Life Asset Managers increases its presence in the Nordics through the acquisition of Wilfast. Christian Ness, CEO of Swiss Life Asset Managers Nordic, tells Nordic Property News why Wilfast is the right partner for Swiss Life, the possibility of growing further in the Nordics through company acquisitions and about the future plans for the Nordic markets.

Nordic — Slättö continues to invest in hotels. After the latest acquisition in Helsinki, Erik Möller, Head of Hotels at Slättö, tells Nordic Property News about the acquisition, the possibilities of conversions, where to look for new acquisitions and gives his view on the hotel market in 2024.

Sweden — A recruitment firm contacted Biljana Pehrsson about the CEO assignment in Jernhusen, an offer she simply could not refuse, she tells Nordic Property News. Here she also talks about the short but challenging time at Nordr and why the top job at Jernhusen attracts her so much.

Sweden — Bonava's president and CEO, Peter Wallin, spoke, on Thursday when delivering the interim report for the fourth quarter, about a gradually stabilized market with increased activity. Examples of this are, said the CEO, more speculators on viewings, a greater number of searches online and, as a result, more bookings and sales. “It is a little too early to talk about a turnaround and change in the entire market, but it is clear that it has stabilized and that the signs of an improvement are more concrete now,” says Wallin.

Sweden — Catella continues its journey towards a stronger position among real estate advisors by recruiting Theodor Jarnhammar as Partner and to the position of Head of Office Transactions. The company's CEO Daniel Gorosch tells Nordic Property News about the strategy surrounding the recruitment for the new role, his view on the transaction market for offices going forward and about his start at Catella.

Nordic — The Norwegian oil fund is now valued at over NOK 16,500 billion after closing 2023 with a value of NOK 15,765 billion. Nordic Property News has mapped the fund's holdings in Nordic listed real estate companies and here you can read about how the ownership looked at the end of 2023. The mapping shows, among other things, that the fund has dumped its entire holdings in two listed heavyweights and entered a new Swedish company.

Nordic — Strengthens the team in with former elite football player.

Nordic — Colliers has compiled a forecast of the hottest and coolest segments on the Nordic real estate market in 2024. Colliers Sweden CEO Joakim Arvius tells us more about the winners and losers and what drives development within the various segments.

Finland — After 16 years – real estate profile has decided to move on.

Denmark — After the sale of a residential property in Copenhagen, Rutger Arnhult's company M2 Asset Management has now left Denmark completely and only has properties left on Swedish soil. CEO Jakob Mörndal tells Nordic Property News about the strategy going forward and the work to be able to pay the next bond maturity in January 2025.

Norway — Entra’s CEO Sonja Horn on the EUR 570 million deal: “We have never put the Trondheim portfolio up for sale, but…”