Nordic — Germany is sick - but that is precisely why Bonava is preparing for land purchases in its strategic markets. “We see that type of opportunity, especially in Germany right now”, says CEO Peter Wallin. On Thursday, he and Bonava presented their third quarterly report.

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.

Sweden — Bonava is, as we learned last week, starting production of around 180 homes in Germany. It is the regions of Berlin, Rhine-Main, North Rhine-Westphalia and Saxony that will be the stage for the current production starts, which are expected to be completed in 2025 and 2026. Nordic Property News has spoken to CEO Peter Wallin, who tells us more about the German investment.

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.

Nordic — Just months after the acquisition of Bonava's Norwegian portfolio, Union Residential Development follows it up by buying 70 percent of Swedish Kynningsrud Bostäder. Per Martin Eriksson, Sweden manager for Union Residential Development, reveals what the investment plans are going forward.

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.

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."

Nordic — Bonava sells its operations in Norway to Union Residential Development and with it leaves the Norwegian market completely. CEO Peter Wallin tells Nordic Property News how they arrived at the decision, how they will use the capital that is freed up and how Bonava views its other markets.

Nordic — The housing developers suffer greatly from the pending purchase willingness of households when it comes to new construction housing. It is difficult to raise the level of pre-purchased homes, although most people believe that there are still few unsold apartments at completion. But for those who signed up for pre-sale, the situation now looks radically different, where there are now reports that the buyers are trying to pull out of sale. Nordic Property News has taken a closer look at how big the exposure is for the companies with their homes that are under production.

Nordic — Still major challenges, but improvements are visible in some of the regions' portfolios. That's CEO Peter Wallin's words about this year's first quarterly report for Bonava can be summed up. "The results look good in terms of margins, with a few exceptions. The machinery works."