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How Skanska continues to work with divestments after major double sale

Nordic — Skanska's Commercial Real Estate Development had a busy 24 hours earlier this week when they closed two major sales for a total of approximately SEK 2 billion. After the sales in Poland and Denmark, Claes Larsson, Executive Vice President and responsible for commercial development at Skanska, tells Nordic Property News more about how the divestments came about and how the company continues to work on the transaction market.

The companies that increased their rental income the most during Q1

Nordic — Nordic Property News has taken a look at the listed property companies' reports for Q1 2024 to see which of them report the largest increase in net rental income compared to 2023.

The fastest growing city in Sweden: "Housing is the weak link"

Sweden Sweden — Yesterday, Tuesday, the Swedish statistical authority SCB published new figures for their forecast for how much the cities will grow in population in the coming five years. At the top is Gothenburg, which will grow by over 16,000 inhabitants. For the capital Stockholm, that number is only 10,000. But being the city that will grow the most also places greater demands on the municipality, says Christina Heikel, who is responsible for urban development at the West Swedish Chamber of Commerce.

Aeonic's growth plans after the acquisition from Bonava

Sweden Sweden — Through an acquisition from Bonava, the upstart Aeonic takes a big step towards its goal of creating its own long-term housing portfolio. The company's CEO and co-founder Peter Saxby tells Nordic Property News about the new acquisition, about the business model with a focus on refinement, about the long-term goal of 10,000 homes and how to get there.

Volito expands to new city

Sweden Sweden — Volito Fastigheter is acquiring the property Gustavshem 2 in Västerbro in Lund from Riksbyggen. Volito, which was previously strictly Malmö-based, is thus expanding its operations to Lund. CEO Marie Persson tells Nordic Property News about the purchase – and the company's growth journey.

"It will be an evolution – not a revolution"

Sweden Sweden — Diös will have a new CEO after the turn of the year. David Carlsson most recently comes from the Balticgruppen as CEO, but has also been, among other things, regional director at Akademiska Hus. To Nordic Property News he shares the joy of taking on a company like Diös in these times when northern Sweden is growing with a very large potential going forward.

May was the strongest transaction month so far this year

Nordic — The latest figures from the transaction advisor Colliers show that May was the strongest transaction month in the Nordic market so far this year with a total volume of just over 2.5 billion euros. The Swedish market accounted for over 40 percent of the volume.

Svenska Handelsfastigheter's CEO Thomas Holm on the major deal from Partners Group

Sweden Sweden — In the last days of May, Svenska Handelsfastigheter completed the major acquisition from Brunswick, the third largest deal the company has ever completed. CEO Thomas Holm tells Nordic Property News about the fast negotiations, the potential of the new stock and why the building rights can rest indefinitely.

"Foreign investors want to talk about one thing only – residential building rights"

Sweden Sweden — The real estate sector is in a defensive phase, but the market is doing better than what could have been thought a year ago, says Arctic Securities analyst Michael Johansson, who recently attended an event organized by SBF Fonder. There, he told, among other things, more about why housing will be by far the strongest segment on the transaction market for the rest of the year and what is currently holding the market back from opening up completely.

The new market situation for office rental: "More consulting help will be needed to rent premises"

Nordic — Svefa continues its aggressive growth investment and adds the rental of commercial premises to its range – an investment that will be led by Jessica Gräsberg. Svefa's CEO Mikael Lundström tells Nordic Property News why they are choosing to launch the new venture now, the situation in the office rental market, the goals for the rental leg and about the key recruitment of Jessica Gräsberg.

Chief Economist sees indications to the inflation being defeated

Sweden Sweden — During an event organized by SBF Fonder, SBAB's chief economist Robert Boije explained that all the factors that previously drove up inflation have been completely normalized and the underlying figures now points towards inflation being defeated. Here he explains more about what this means for the housing market, both in terms of sales, new production and future investments in the segment.

"There is both international and domestic capital looking actively"

Finland Finland — Catella makes a management change as Petteri Kokko succeeds Antti Louko as Managing Director in Finland. Petteri Kokko tells Nordic Property News about his step up, his view on Catella’s position in Finland, the state of the Finnish market and how it will develop going forward.

Storsala makes new acquisition: "More to come"

Sweden Sweden — Storsala has big plans to grow and the market is right for making favorable acquisitions. And the company is now doing it for the second time this year. And there will be more, CEO Orlando Villacrez tells Nordic Property News.

Former SBB-exec launches new company

Sweden Sweden — Last week, the new property company Athena Fastigheter was launched, which focuses on both rental properties and nursing homes. Co-founder and CEO, Kjell Stenudd, tells Nordic Property News about the plans for the company.

Arbireo Capital enters the Nordic market

Nordic — Arbireo Capital is an independent investment company which operates above all on the German real estate market. They have now taken their first and probably not last step into the Nordic market. Christoph Flügel, Board Member of Arbireo Capital, says that within one year we will probably see more transactions.

Winners and losers on the stock market in May

Nordic — After a weaker April, most of the listed Nordic real estate companies managed to reverse the trend and ended up in the green during May. Here, Nordic Property News presents the winners and losers on the stock market during the fifth month of the year.

New Swedish real estate company launched: "Good timing with the market starting to turn"

Sweden Sweden — P-G Persson is back with the new Gothenburg-based real estate company Safjället Fastigheter, which he starts together with Backahill, Bygg-Göta, Lesley Invest and Bevaclean. He told Nordic Property News about the structure of the company and the constellation of owners behind it, where and what type of properties they want to acquire, and about the long-term goals for the company.

The strategy for the "new" Besqab

Sweden Sweden — The first signs of the merger of Aros Bostad and Besqab into a single company are starting to show. At Thursday's presentation of the quarterly report, CEO Magnus Andersson offered both market analysis and their strategy to become a leading housing developer in Stockholm and Uppsala.

Heimstaden execs hits back against "misconceptions" about the company

Nordic — Ivar Tollefsen, Chairman of Heimstaden AB and Fredensborg AS, and Christian Fladeland, Co-CEO of Heimstaden AB, were guests during the advisor Colliers' latest Nordic real estate webinar on Tuesday. There, they hit back against what they feel are incorrect descriptions of Heimstaden and Heimstaden Bostad in the media and also explained the group's most important strategies going forward.

"Clearly negative that money is being allocated to dividends right now"

Sweden Sweden — Aktiesparna's analyst Robert Andersson lays out what SBB's latest JV means for the company's pressured liquidity – and how the imminent dividend of over SEK two billion goes against the company's endeavor to improve its balance sheet, but must still be carried out.

CBRE's MD: "It’s when you have a pit in your stomach you should buy"

Nordic — Property prices have bottomed, Patrik Kallenvret, Managing Director of Capital Markets, Nordics at CBRE is certain about. But whether the market has really turned around remains to be seen. When Nordic Property News meets him at the head office in Stockholm to talk about logistics, offices and the financial market, it is clear that a trend is even affecting the company itself. “If you try to hit bottom, you never do.”

Colliers' forecast: Over EUR 30 billion in transaction volume in 2024

Nordic — Inflation continues to fall in the Nordic countries, financing opportunities have improved significantly for real estate companies and the transaction market has increased by 14 percent in volume so far this year compared to the corresponding period in 2023. Colliers sees a number of different factors that point to a slowly recovering real estate market and predicts that the will really take off in 2025. Nordic CEO Bård Bjølgerud and Head of research John Petersson tell us more about the current situation and forecast the future.

The danger is not over in the Swedish real estate sector

Sweden Sweden — The property companies' earning capacity may be challenged in the future as a result of higher vacancy rates, which would impair the companies' ability to pay their debts. That's what the Financial Supervisory Authority writes in its latest stability report, which they released on Monday. Nordic Property News explains more about the findings and conclusions in the report.

The highest valued property portfolios in the Nordics

Nordic — Nordic Property News presents a list of the highest valued property portfolios among the listed Nordic comanpanies.

Positive trend break on the European transaction market

Nordic — MSCI's latest data shows that April was a trend-breaker for transaction volumes in Europe, which for the first time in 21 months saw an increase compared to the corresponding month of the previous year. A sign that some confidence is beginning to return to the market according to Tom Leahy, director at MSCI Research. For Nordic Property News he tells more about the positive development – but also flags that the number of forced sales has increased.