June strongest transaction month since december 2022

Nordic — June saw the highest volume on the Nordic transaction market since December 2022, according to the latest figures from transaction advisor Colliers. At the same time, the first half of the year has been significantly stronger than the corresponding period in 2023, with a transaction volume of 12.4 billion euros, an increase of 23 percent. Nordic Property News provides more details about the Nordic market's first half of the year.

Colliers appoints valuation team to its Norway business

Norway Norway — Colliers Nordics is expanding the services offered to their clients with the recruitment of five highly experienced individuals that together constitute a top tier team. They are joining Colliers from Cushman and Wakefield Realkapital where they operated for ten years.

The segments that attract foreign investors to the Norwegian market

Norway Norway — The Norwegian market has been picking up speed in the start of 2024. Frida Tosterud Grov, recently promoted to Head of Capital Markets Norway at Colliers, tells Nordic Property News how she sees the market situation in Norway developing, about the foreign interest in Norwegian real estate and which segments will be leading on the transaction market in Norway in the future.

Base sells Stavanger property to Storebrand

Norway Norway — Base sells K8 in Stavanger to Storebrand for just under NOK 1.1 billion (EUR 96 million).

Frida Tosterud Grov promoted as Head of Capital Markets Norway at Colliers

Norway Norway — Frida Tosterud Grov has been promoted to the position as Head of Capital Markets Norway at Colliers.

Slate acquires the World Seafood Center from Oslo Airport City

Norway Norway — Slate has acquired the World Seafood Center, a state-of-the-art, new build seafood refrigeration and distribution facility, located in one of the most prominent and well-connected logistics hubs in Norway, from Oslo Airport City (OAC) for NOK 1.34 billion (EUR 117 million).

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.

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.

Fabege signs new lease in Stockholm

Sweden Sweden — Fabege has signed a lease with Mathworks for just over 1,100 square meters in the Kvarteret Poolen property in Arenastaden. Access is planned for October 2024 and the agreement runs for seven years. The office building is certified according to BREEAM level Excellent.

ABG Fastena acquires light industrial property

Sweden Sweden — ABG Fastena adds another property in Stockholm to its portfolio through an acquisition from Tilia Fastigheter.

Times of waiting in the industry: "Could put pressure on several players"

Nordic — A wait-and-see first quarter that was nevertheless a clear improvement compared to the corresponding period in 2023 - that's how you can summarize Q1 on the transaction market. According to Colliers' Head of Research John Petersson, there is one thing above all that many of the industry's players are waiting for in order for the transaction market to get started in earnest. What can it possibly look like when it does? You will find answers to that and much more here.

March 2024: The Nordic top transactions

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

"The Nordic office market will continue to prioritize sustainability and flexibility"

Nordic — This Wednesday, Colliers announced that it is hiring Sven Moller as Head of Workplace Advisory, to review the company's office and workplace solutions. Nordic Property News had a chat with both the new employee Moller and with Martin Lindgren, Head of Occupier Services Colliers Nordics & Partner, partly to talk about Sven Moller's new assignment - but also to sneak a little insight into Colliers' general way forward with regard to the offices.

Colliers Nordics hires Sven Moller to lead Workplace Advisory

Nordic — Colliers hires Sven Moller as Head of Workplace Advisory Nordics, marking a pivotal moment in expanding its’ Occupier Services.

Schage sells Stortorvet 7 to KLP for over EUR 222 million

Norway Norway — Schage sells the iconic and award-winning office building Stortorvet 7 to KLP for a gross property value of over EUR 222 million. The sale marks the largest transaction of a single-property in Norway since 2020.

51 deals in February – transaction volume at EUR 1.7 billion

Nordic — The transaction volume in the Nordics increased further in February compared to January and reached EUR 1.7 billion in the second month of the year. So far this year, the volume is 34 percent higher than for the corresponding period in 2023, Collier's latest transaction statistics for February show.

January 2024: The Nordic top transactions

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

M7 Real Estate signs new lease in Copenhagen

Denmark Denmark — M7 Real Estate signs 11-year lease with Heka Dental A/S, fully letting c. 8,500 sq m urban logistics unit near Copenhagen.

How the real estate market will be shaped in 2024 – segment by segment

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.

"You have to catch the falling knife at some point"

Nordic — Navigating through 2024 may not prove to be easy as, according to Colliers, there is a labyrinth of different opportunities and paths to choose from, but the bottom line is that the outlook is still gradually positive with the sights set on a normalized market in 2025. Colliers' Nordic CEO Bård Bjølgerud talks more about the conditions for 2024, the challenges, the growth opportunities and the potential pitfalls.

More transactions and greater migration flows – this is what the office market will look like in 2024

Sweden Sweden — In the office rental market, a clear slowdown is observed with extended rental periods and increased discounts. This development can be partly attributed to increasing uncertainty among potential tenants, as well as a gradually rising vacancy rate. Newsec and Colliers summarize 2023 and predict what lies ahead in 2024.

December 2023: The Nordic top transactions

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

Lowest volume in ten years – but the turnaround is close: "They have a record amount of capital"

Nordic — The transaction year of 2023 is almost over and it will go down in history as one of the weakest since the turn of the millennium. The total volume for the Nordic region of just under EUR 20 billion is the lowest in a decade and the decline compared to 2022 is the largest since 08/09 during the financial crisis. However, Colliers' head of research Mikael Söderlundh tells Nordic Property News that the turnaround is close and that 2023 was probably the bottom year in this business cycle. Read about his predictions for 2024, the capital that needs to be spent and why the mood in the market has turned in recent months.

CDC Investissement Immobilier ventures into Nordics with two residential acquisitions in Copenhagen

Denmark Denmark — CDC Investissement Immobilier, real estate asset management subsidiary of the French public institution Caisse des Dépôts, has successfully entered the Nordics by acquiring from Bellakvarter A/S two residential complexes totaling 13,400 sqm and 182 units located in urban Copenhagen. Fokus Nordic assisted CDC Investissement Immobilier with this off-market acquisition and will manage the assets.

How new CEO Daniel Gorosch wants to rebuild Catella

Sweden Sweden — At the beginning of the 2023, Daniel Gorosch announced that he was leaving the assignment as CCO at Colliers, a role he took after the acquisition of Pangea. Now he has taken the step into one of Catella's CEO chairs and sees great opportunities to rebuild the company's market share in the current market situation.