Sweden — Oscar Properties CEO Richard Bagge cannot rule out that more subsidiaries may be liquidated during the company's process of trying to sell their remaining properties. For Nordic Property News he also further explains his view of what may happen to the company when the properties are gone and it may have to be reshaped.

Sweden — On May 20, Oscar Properties appealed the district court's decision to deny the company reconstruction, and now the Svea Court of Appeal has made its assessment on the matter – the decision is to reject the company's appeal, as can be seen from a document from the Court of Appeal that Nordic Property News has seen. Oscar Properties confirm that they are appealing the decision to the Supreme Court.

Sweden — Oscar Properties' vulnerable situation becomes even more apparent after the much-delayed Q1 report was released late on Friday evening last week. In addition to the fact that the company is in a very critical financial situation for its continued operations, since the end of the last financial year the company's accounting principles have been changed to no longer assume continued operations but a liquidation of the operations. And a look at the extensive vacancies in the portfolio shows that the company is missing out on many millions in rental income. CEO Richard Bagge comments on the situation for Nordic Property News.

Sweden — SBB is being pressured on the stock market, bankruptcy threatened Oscar Properties is getting ready to release its delayed annual report and Kvalitena is continuing with the reconstruction of the company. Nordic Property News goes thru the current situation regarding some of the industry's most pressured players.

Sweden — It has been a busy two months for Oscar Properties, which teetered close to bankruptcy and had its restructuring application rejected twice with reference to the fact that the board is not in a decision-making body as it now only consists of the company's founder Oscar Engelbert. He, in turn, sees this as the company becoming "rulerless" and has called for an extra general meeting to be held today with the aim, among other things, of electing a new board and chairman. Nordic Property News takes a closer look at the twists and turns at a company in crisis.

Sweden — Oscar Properties' new CEO Richard Bagge gives a few brief comments to Nordic Property News about his new role as CEO and board member in the pressured property company. Among other things, there is new hope around the company's attempt to achieve a reconstruction. CFO Magnus Thimgren adds some additional answer regarding the situation for the company.

Sweden — At the beginning of the week Nordic Property News revealed that Oscar Properties had also been rejected on its second restructuring application, while the bankruptcy hearing that was to be held on Monday was canceled pending supplementary documents. Now Nordic Property News can reveal that the company has appealed the decision from the first restructuring application, and here we can tell you more about what Oscar Engelbert and his attorney's write in the appeal.

Sweden — On Monday a bankruptcy hearing was held regarding Oscar Properties and the district court informs Nordic Property News that no decision on bankruptcy was made. However, Nordic Property News can reveal that the company's second application for corporate restructuring has been rejected by the district court, on similar grounds as the first application.

Sweden — The bankruptcy threat hangs over Oscar Properties at the same time as the company applied for corporate restructuring, a measure that, if it goes through, will mean that founder Oscar Engelbert will leave the company completely. Documents that Nordic Property News has seen show what the company's reconstruction plan looks like: * The plan for new leadership * The decision regarding the liquidity * Options for refinancing

Sweden — Oscar Properties' outgoing CEO Carl Janglin tells Nordic Property News why he is leaving the company, what the pressure has been like in recent months and why his short time at the company did not turn out as he had imagined.

Sweden — On Monday Oscar Properties announced that they have sold the DNB portfolio for SEK 2.2 billion to Erik Selin Fastigheter. This is likely not the last thing Oscar Properties does in terms of disposals – the company has 36 properties left in its ownership and CEO Carl Janglin tells Nordic Property News that more sales will likely follow. He also comments on the additional measures the company is looking at such as a further slimming of the organization and a possible corporate restructuring.