Relief at Bonava as exit from Russia is completed: "Now we can focus on other things"

Nordic — It took 609 days between the decision to sell Bonava's subsidiary in St. Petersburg – until earlier this week they were able to announce that the deal had closed. And the tours have been many. Group Head of Press and Public Affairs Fredrik Hammarbäck tells Nordic Property News that the company now feels relieved to finally be able to focus on other things.

New cost-saving measures underway for John Mattson

Sweden Sweden — Per Nilsson, CEO of John Mattson, recently presented the company's third quarterly report for 2023. In an interview with Nordic Property News, the CEO is no stranger to further corrections and austerities.

The companies with the highest and occupancy rates

Nordic — Nordic Property News presents a list of the current occupancy rates among the listed Nordic real estate companies.

Neobo looking to make divestments going forward

Sweden Sweden — With a continued relatively high vacancy rate and with an organization to some extent still affected by costs after almost a year as an independent company, there are remnants left in the SBB offshoot Neobo, according to CEO Ylva Sarby Westman.

NCC's targets for its new business area

Sweden Sweden — In order to meet the demands placed on large industrial investments, NCC chooses to launch the new business area Green Industry Transformation (GIT). CEO Tomas Carlsson tells Nordic Property News about the launch, which criteria need to be met for a project to be included in the new business area and how much GIT is supposed to make up within NCC going forward.

First Panattoni building completed – but still lacking a tenant

Sweden Sweden — Panattoni has entered the Swedish market in a short time. Now the first building is ready and it now remains to find a tenant. Fredrik Jagersjö Rosell, Managing Director Sweden at Panattoni says that in that search they are influenced by the fact that the companies, unlike Panattoni themselves, are having difficulties making investment decisions.

Q3 figures: They increased their rental incomes the most

Nordic — Nordic Property News presents a list of the how much the listed companies increased their rental incomes in the first nine months 2023.

Nordic real estate shares skyrocket following inflation numbers from the Fed

Nordic — Nordic, and especially Swedish, real estate stocks went through the roof following the inflation report from Federal Reserve. Nordic Property News lists the largest risers.

CEO Leiv Synnes wants a wiser SBB

Sweden Sweden — SBB presents its report against the background of a few turbulent months. During the year, a large sales attempt was carried out to save the company in crisis. Ambition to be wiser and more thoughtful when it comes to liquidity, while also resolving debt.

Folksam appoints new Property Director

Sweden Sweden — Folksamgruppen strengthens the property division with Jonas Bjuggren as new property director. He tells Nordic Property News about what attracted him to Folksam, how he views his new position, how he views Folksam's property operations and portfolio, and gives his view of the challenges in the property market.

"The new capital gives us the conditions to be a continued offensive player"

Sweden Sweden — With an extensive new issue and a large number of apartments that will be completed during the fourth quarter, CEO Jacob Karlsson feels confident that K-Fastigheter can be equipped for the future.

New coworking expansion plans for Revelop

Sweden Sweden — Revelop continues to expand its coworking venture C/O with a new establishment in Mölndal. Gabriel Andersson, Head of Operations C/O at Revelop, tells Nordic Property News about further establishment in the Gothenburg area, about the possibilities of taking the concept to more cities than Stockholm and Gothenburg and gives his view on how the coworking market in Sweden will develop in the future.

NCC flagship projects remains unsold: "We'll do anything – but not at any price"

Nordic — Recently NCC presented its latest report. In it there were both flashes of light and some dark clouds. CEO Tomas Carlsson believes that a certain distance is required from the individual report in order to put things in context. But it will be particularly difficult in the commercial segment ahead.

Yield projections for the Nordic housing markets

Nordic — Both housing rents and housing yields are trending upwards in Europe, according to Catella’s European Residential Market Overview for Q3 2023. Prof. Dr. Thomas Beyerle, Group Head of Research at Catella, tells Nordic Property News about the projections for yields in the Nordics going forward.

Cibus increases the result in Källgården's last report

Nordic — On Tuesday, Cibus presented its interim report for the third quarter of 2023. The company was able to show an increased profit from property management during the third quarter, compared to the same period the year before. Leaving CEO Sverker Källgårdens submits his last interim report in a positive spirit: "I have a bright view of Cibu's future."

Leaves Savills – starts new company

Sweden Sweden — Fredrik Palmgren leaves Savills for a new venture in project development and starts his own company Dopo. He tells Nordic Property News about the business, the company's goals, which segments and markets the company will be active in and shares his view on the market situation for project development.

October 2023: The Nordic top transactions

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

Leaves Skanska for senior position at Niam

Sweden Sweden — Niam strengthens the team with a new senior hire.

Skanska's future plans for its own portfolio

Sweden Sweden — Skanska adds a new large office property to its own book when Sthlm 04 is acquired for SEK 830 million. Jan Odelstam, business unit manager for Commercial Development Nordic at Skanska, tells Nordic Property News about the work of building Skanska's own portfolio, how the company views future acquisitions and why the current situation on the transaction market does not affect the work with the own portfolio.

Klövern set to develop new homes in Stockholm

Sweden Sweden — This year, Klövern has plans to start at least 800 homes in Kista. Now it may soon become relevant for additional housing in southern Stockholm. Nordic Property News takes a closer look at the situation.

This is how Heimstaden will succeed with massive sales plan

Nordic — Recently, it was announced that Heimstadens Bostads plans to sell approximately 25,000 homes from the stock in five different markets. All in all, it should bring in SEK 85 billion (EUR 7.2 billion) for the company. Rita Berg Hansen has now been tasked with leading the work on the sales challenges expected in the coming years.

Balder adds key-player from Unibail-Rodamco-Westifeld

Sweden Sweden — Balder strengthens the team with new Head of Leasing for retail.

Castellum yearns for the European bond market

Sweden Sweden — Castellum continues to feel strong, the company announces during its Q3 presentation – not least because despite the CPI indexing of rents, it has not yet given the tenants hiccups. But one thing that has become clear over the past year is that there are different groups of property companies on the bond market – there are winners and losers.

Finnish giant predicts a sharp fall in house prices

Finland Finland — Finnish housing company Kojamo's total revenue landed at 112 million euros in the third quarter, which is an increase of 5.7 percent, while net rental income increased by 6.3 percent to 83.1 million euros compared to the same period last year, when the figure was 78 ,2. "Our business has developed as expected and our results are stable," says the company's CEO, Jani Nieminen.

Global giant increases significantly in Castellum

Sweden Sweden — Global giant increases Castellum holding by 65,7 percent – rises in the list of owners.