October 2023: The Nordic top transactions

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

AKF divests a portfolio of ten industrial properties in Copenhagen to Blackstone

Denmark Denmark — AKF has signed an agreement to sell a prominent portfolio of ten Greater Copenhagen industrial properties totalling more than 83,300 square meters to entities owned by Blackstone-managed funds.

Here are the Nordic top transactions in Q3 2023

Nordic — Nordic Property News presents the largest transactions on the Nordic property market in the third quarter of 2023.

September 2023: The Nordic top transactions

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

Colliers' Nordic CEO: This is when the real estate market will turn

Nordic — The transaction market in the Nordics is the weakest in a decade, and Colliers does not expect any particularly large improvement during the final quarter, although they expect it to be the strongest of the year and that approximately a further EUR 10 billion will be turned over until the end of the year. For the real estate market as a whole, it will take some time before the recovery is here, first the stock market and then the bond market have to correct themselves, Colliers' Nordic CEO Bård Bjølgerud said during the company's latest Nordic Outlook presentation.

Colliers Nordics appoints five new partners

Nordic — Colliers announces the promotion of Frida Tosterud Grov, Julia Bergqvist, Christina Kämpe, Marie Meyer, and Lovisa Andersson into the Colliers partnership, effective as of September 28th 2023.

Nordika becomes major shareholder in Norwegian KMC Properties

Norway Norway — KMC Properties has agreed with Nordika for an equity injection, enabling further growth and financing of the acquisition of seven new properties. Nordika will invest NOK 275 million (EUR 24.4 million) at a price of NOK 5.5 (EUR 0.49) per share, representing 12.7 percent of the shares outstanding in KMC. Nordika will, after the issuance, be the third largest owner of KMC.

"I think there will be bigger write-downs of the values"

Nordic — In the short term, Colliers' Head of Research Mikael Söderlundh still sees major challenges for the real estate sector in Sweden, and also in the Nordic region as a whole. He believes that there is a large backlog in property value write-downs and that there is much more to come, while there are long-term signals that are strong.

The advisors' new transaction reality: "A higher proportion of deals than normal fail"

Sweden Sweden — Nordic Property News continues the survey where some of the industry's largest transaction advisors give their view of how they have experienced the historically weak transaction market so far this year. They talk about the new challenges, opportunities and trends in the market. Now the turn has come to Colliers and Croisette.

"Almost no new areas in the pipeline"

Sweden Sweden — There is a shortage of warehouse and logistics building land in Gothenburg and the detailed plans are lagging behind. The solution may be to demolish older buildings of the same type with already existing detailed plans. Christina Kämpe, Regional Manager at Colliers in Gothenburg, predicts a golden future for the Brownfield conversion.

DAFA Group sells its head office in Aarhus

Denmark Denmark — In a sale-leaseback transaction, the Danish industrial company DAFA Group has sold its head office in Brabrand near Aarhus, which consists of approx. 16,000 sqm production, office and warehouse.

August 2023: The Nordic top transactions

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

K-Fastigheter is considering divestments in Copenhagen

Denmark Denmark — K-Fastigheter is exploring the possibility of divesting a property portfolio in Denmark comprising four properties with a total of 311 apartments.

Dramatic drop for logistics transactions in the Nordics

Nordic — Logistics has been the third largest segment in Europe and the Nordics for the past three years, but transaction volume for logistics in the Nordics has plummeted so far in 2023, down 75 percent compared to 2022 according to the latest figures from Colliers. Here Nordic Property News dives in to the Nordic logistics market with the help of Colliers' latest figures and outlooks for the growing segment.

Colliers Sweden is pushing forward with new recruitments

Sweden Sweden — Colliers is increasing its presence in the Nordics and Sweden. One step in being able to advance the positions is the recruitments that the company has made, to strengthen within letting and tenant service.

Colliers makes recruitments to Swedish offices

Sweden Sweden — Colliers strengthens its teams in Stockholm and Gothenburg with five new talents. These new recruits will contribute to enhancing the company's presence and ability to deliver high-quality services within Leasing, Tenant Representation & Enterprise Clients, and Capital Markets.

“Nobody expected such a low volume”

Denmark Denmark — Peter Winther, Executive Director and Head of Capital Markets at Colliers Denmark, on the transaction year so far in Denmark and his forecast for the rest of 2023.

Colliers: The price adjustment in the market is slow

Sweden Sweden — Most segments can count on a normalization of the price picture on the transaction market sometime in the first half of 2024 at the earliest, this is evident in Collier's latest Market Snapshot, among other things.

Arvius: Sweden's market reputation is surprisingly bad abroad

Nordic — The permafrost on the Swedish transaction market has been at a stable low for a few quarters, but by late spring 2023 a possible thaw could be discerned. Activity has picked up somewhat and buyers and sellers seem to be starting to find each other again - but is it a total thaw we are seeing? Joakim Arvius, CEO of Colliers Sweden, gives his view on the transaction market in the summer of 2023.

Lowest volume in a decade – here’s what to expect on the Nordic transaction market

Nordic — Mikael Söderlundh, Head of Research and Partner at Colliers Nordics, on the weak transaction volume during the first half of 2023, predictions for H2, and why Sweden is under extra pressure on the transaction market.

June 2023: The Nordic top transactions

Nordic — Nordic Property News lists the largest transactions in the Nordics during June, 2023.

Fabege secures new tenant in Solna Business Park

Sweden Sweden — Fabege and Miele have signed a lease for just over 1,600 sqm in the Smeden 1 office property in Solna Business Park. The lease is for 8 years and occupancy is scheduled for 15 April 2024.

The Tvenge family has purchased two of Oslo's most iconic properties

Norway Norway — The Tvenge family has, through the Fram Eiendom companies Titas Eiendom AS and Fram Realinvest AS, acquired two of Oslo's most iconic properties located at Henrik Ibsens gate 53 and Inkognitogata 34, with a gross property value of NOK 425 million (EUR 36.7 million). Both properties were sold by Nordea Liv Eiendom AS, a wholly-owned subsidiary of Nordea Liv Norge AS.

May 2023: The Nordic top transactions

Nordic — Nordic Property News lists the largest transactions in the Nordics during May, 2023.

Colliers: The Office Compass Is in a Spin

Sweden Sweden — On Friday, Colliers released its latest office report and by all accounts, the pandemic continues to leave its mark. But when Karin Witalis, Associate Director, EMEA Research at Colliers, sums up the office market in Stockholm, it reads "everyone wants everything". Nordic Property News called her up to find out what that means.