Major Swedish project destroyed by fire: "A terrible sight"

Sweden Sweden — On Monday, a major fire broke out at NCC's Oceana project in Gothenburg. The fire started at a water attraction on the outside of the building and later spread to the rest of the building. A person who worked for the amusement park Liseberg on the project is still missing. Niklas Sparw, business area manager NCC Building Sweden, comments to Nordic Property News what it was like to see the devastation in a project he has visited many times, at what stage the construction was and the hope that there are certain parts that can be saved.

Platzer CEO reveals their future plans

Sweden Sweden — Platzer sums up the year with the highest operating surplus in the company's history. At the same time, 2023 will be remembered by the large unrealized negative value changes. Now CEO Johanna Hult Rentsch is looking towards future projects.

Framtiden's CEO on the major acquisition in Karlastaden: "Careful agreement"

Sweden Sweden — On Monday, a dialogue lasting several months between public municipally owned AB Framtiden and Doxa, Balder and Serneke resulted in an agreement on a transaction in Karlastaden in Gothenburg. The deal is in the SEK 1 billion range (approximately EUR 86 million) and for Framtiden it means the opportunity to build between 300 and 400 homes. CEO Terje Johansson reveals more about their reasoning behind seeking out the troika in Karlastaden. He also comments on the turmoil in the municipally owned company Poseidon at the beginning of the year.

Ola Serneke's unexpected new dream project: "Really big"

Sweden Sweden — Heart and brain, these are two qualities that have been driving forces for Ola Serneke in the big investment he made in growing Serneke into the company it is today. Now that it is getting close to the year after the Doxa deal, he talks about what plans and dreams he has going forward.

These are Union Residential Development's Swedish ambitions

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.

Despite slow transaction climate – Byggvesta believes in good returns

Sweden Sweden — During 2023, Byggvesta has made three divestments – two in central Gothenburg and one in near Stockholm. According to acting CEO Catarina Fritz, they are now done with the divestments that were needed to continue developing Byggvesta's operations.

Unclear future for the Russian consulate in Gothenburg

Sweden Sweden — The opposition's proposal to investigate the possibilities of buying the Russian consulate in Gothenburg was voted down by a majority during last week's meeting of the municipal board, and now it is unclear what is going to happens to the building. Axel Josefson (M), opposition councilor and the municipal board's 2nd vice chairman, and Jonas Attenius (S), chairman of the municipal board, comment on the situation for Nordic Property News and why there is very little that the city can do right now.

Areim acquires four light industrial properties in Gothenburg

Sweden Sweden — Areim acquires four light industrial properties in Gothenburg through two deals totalling approximately 17,000 sqm lettable area. The properties are located in the Sävedalen and Landvetter Industrial areas.

Revelop acquires industrial assets in Stockholm and Gothenburg

Sweden Sweden — The Swedish real estate fund manager Revelop acquires two fully let industrial assets in Stockholm and Gothenburg. The assets have a combined total lettable area of 8,800 sqm.

Politicians in Gothenburg want the city to acquire the Russian Consulate property

Sweden Sweden — According to the Tass news agency, Russia has announced that the Russian consulate in Gothenburg will be closed from September 1. Now the political parties D, M and KD, who are part of the opposition, want the city management office to be tasked with investigating the possibilities of acquiring the land and property where the Russian consulate is housed today. Axel Josefson, opposition councilor and the municipal board's 2nd vice chairman, tells Nordic Property News more about the proposal and what ambitions they have for the property if the acquisition can be carried out.

Atrium Ljungberg Extends Lease Contract with Ericsson in Gothenburg

Sweden Sweden — Atrium Ljungberg has extended its lease contract with Ericsson in Gothenburg, comprising more than 37,000 sqm in Lindholmen.

Fund Giant Wins Land Permit in Competition with Heavyweights

Sweden Sweden — NREP's logistics company Logicenters has drawn the longest straw in a tender competition for an extensive food warehouse in Torslanda in Gothenburg. Nordic Property News tells more about the details of the venture and the tough competitors they managed to beat.

Saxborn co-starts New Foundation in Gothenburg

Sweden Sweden — The former CEO of Castellum continues to to deepen his social commitment and is now involved in starting a new foundation to create a better Gothenburg. He is part of a well-known trio that also consists of former Säpo chief Klas Friberg and Majblomman's former general secretary Tove Lindhahl Greve. Henrik Saxborn tells Nordic Property News more about the new initiative and what he hopes they will achieve.

This Makes Gothenburg's Office Market Stand Out

Sweden Sweden — Savills' latest report on the office market in Gothenburg highlights several new interesting findings that Nordic Property News dives into together with Head of Research, Maryrose David, and Savills' Office Expert, Lisa Örn. * Big difference compared to Stockholm * This is where the vacancy levels are increasing * Unusual discounts for new contracts

NCC and Jernhusen Create JV for Gothenburg Project

Sweden Sweden — NCC and Jernhusen form joint venture company for Park Central in Gothenburg.

Volvo Cars Signs Deal with Balder

Sweden Sweden — The new tenant will be occupying more than 7,000 square metres of office space in the new B46 building on the campus.

Balder's Plans Could Be Merged with Duo

Sweden Sweden — Balder and Älvstranden Utveckling are involved in the plans that will add over 1,000 new homes to the district of Sannegården in Hisingen, Gothenburg. Now a trio of plans will be merged for better urban development on the site. Nordic Property News gives you more details about the coming exploitation.

Veidekke Company to Build Logistics Facilities Outside Gothenburg

Sweden Sweden — Veidekke's Swedish subsidiary BRA Bygg AB has been commissioned by the logistics property company Catena to build two new logistics buildings with a combined area of more than 50,000 square metres at Landvetter by Gothenburg.

NCC Signs Construction Agreement in Gothenburg

Sweden Sweden — NCC has signed an agreement for the construction of Park Central. This project comprises a station and office building totaling approximately 40,000 square meters and is to be constructed directly adjacent to Gothenburg Central Station and the West Link (Västlänken) Centralen station.

Skanska Builds Educational Premises in Gothenburg for SEK 1.2 Billion

Sweden Sweden — Skanska has signed an agreement with Akademiska Hus to build new premises for the Faculty of Arts at the University of Gothenburg, Sweden. The agreement is worth approximately SEK 1.2 billion.

Mileway Expands in Gothenburg – Signs Large Lease Agreement

Sweden Sweden — Mileway, the leading pan-European last mile logistics company, announces it has signed a long-term lease in Sweden for over 20,000 sqm with GEODIS, a worldwide transport and logistics company, and already a customer for Mileway in Germany and France.

Exclusive Figures: What to Expect on Gothenburg's Office Market?

Sweden Sweden — With analysis from Citymark, Nordic Property News can present exclusive figures on the office market in Gothenburg: Vacancy development and vacancies in the past six months, the rent development compared to 2021 and what future supply on the market looks like from the turn of the year.

Verdion Makes Gothenburg Investment

Sweden Sweden — Verdion has further increased its Swedish pipeline with the acquisition of an urban logistics site in Gothenburg with an anticipated GDV in excess of EUR 54 million (SEK 580 million).

Castellum to Create New Police Station in Gothenburg

Sweden Sweden — The construction of Hisingen’s new police station on Exportgatan has now begun. Castellum is creating purpose-built premises on the site where the old printing office for the Swedish daily Göteborgs-Posten once stood.

JM Acquires Building Rights in Gothenburg

Sweden Sweden — JM has acquired building rights for the development of approximately 130 residential units located in the Eriksberg district in Gothenburg. The acquisition amounts to approximately SEK 160 million, with occupancy and payment in Q4 2022.