The fastest growing city in Sweden: "Housing is the weak link"

Sweden Sweden — Yesterday, Tuesday, the Swedish statistical authority SCB published new figures for their forecast for how much the cities will grow in population in the coming five years. At the top is Gothenburg, which will grow by over 16,000 inhabitants. For the capital Stockholm, that number is only 10,000. But being the city that will grow the most also places greater demands on the municipality, says Christina Heikel, who is responsible for urban development at the West Swedish Chamber of Commerce.

Fabege signs lease agreement with Bengt Dahlgren

Sweden Sweden — Fabege has signed a lease agreement with the infrastructure consultancy Bengt Dahlgren Stockholm AB for approximately 2,250 square metres of office space in Hammarby Sjöstad. Occupancy is scheduled to commence on 31 January 2025 and the agreement has a duration of 6 years.

Atrium Ljungberg starts new residential blocks in Stockholm Wood City

Sweden Sweden — Atrium Ljungberg has decided on the start of construction for the next residential block in Nobelberget, Sickla. This will be the fourth block of a total of eight, and it is the first that will be constructed in wood.

NCC's new office plans in Stockholm

Sweden Sweden — 13,000 square meters of offices and a covering of the subway are on the cards when NCC's plans in Västberga in Stockholm begins to take shape. Nordic Property News reveals more about the project.

Obos develops new prestigious Stockholm project: "6,000 are in the queue of interest"

Sweden Sweden — It is almost a year ago that Obos chose not to proceed with any of the architectural proposals they had received for the major project Stadsljus, formerly Gasklockan, in Norra Djurgårdsstaden. But now the proposal has been presented and group CEO Daniel Kjørberg Siraj and Sofia Ljungdahl, CEO of Obos Nya Hem say that the house will not only be a landmark in Stockholm, but also for Obos as a company.

New player sees possible transactions opening up with indebt companies

Sweden Sweden — With several real estate companies struggling with debt situations, new transactions could open up for smaller entrepreneurial companies like Liljebo. Founder Omid Noghabai tells Nordic Property News about the plans for Liljebo.

Norwegian hotel operator wants to build the world's tallest wooden house

Sweden Sweden — The company AB Invest wants to build a 40-storey wooden office building in Kista in Stockholm – that would make it the world's tallest wooden building. Nordic Property News reveals more about the ambitious project and its contents.

Obos' landmark takes on new momentum this autumn

Sweden Sweden — It is almost a year ago that Obos chose not to proceed with any of the architectural proposals they had received for the major project Stadsljus, formerly Gasklockan, in Norra Djurgårdsstaden. For Nordic Property News, Anna Grinneby, project development manager at Obos, talks about how the company continues to work on the extensive project and what lies ahead later this autumn.

K2A signs lease contract with SHIS Bostäder

Sweden Sweden — K2A Knaust & Andersson Fastigheter has signed a three-year contract with SHIS Bostäder, the City of Stockholm’s social housing resource, regarding the leasing of 33 apartments in Vällingby, western Stockholm. The contract runs until August 2026.

Corem signs lease contract with restaurant wholesaler

Sweden Sweden — Corem has signed a 7-year lease with RestaurangJouren i Sverige AB, regarding a cold and freezer warehouse of nearly 2,000 sq.m. and approximately 1,100 sq.m. of land.

Danske Bank extends lease with Hufvudstaden

Sweden Sweden — Danske Bank is extending its lease agreement with Hufvudstaden, which will see the bank remain at its iconic 1930s site at Norrmalmstorg 1 in Stockholm.

Ingka Centres expands shopping center in Stockholm

Sweden Sweden — Ingka Centres announces new investment of around EUR 170 million into one of Scandinavia's busiest commercial areas.

KKR and Mirastar enter Sweden – acquire last-mile logistics property

Sweden Sweden — KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a high-quality last-mile logistics property in Stockholm. This off-market acquisition is the first in Sweden for KKR and Mirastar.

Avicii Arena to be renovated by NCC

Sweden Sweden — NCC is to renovate and modernize Avicii Arena, Stockholm Globe Arena, in Stockholm. The assignment is a turnkey contract in partnering form with Stockholm Globe Arena Fastigheter AB (SGA Fastigheter), which is wholly owned by the City of Stockholm. The order value is approximately SEK 700 million.

Atrium Ljungberg launches the world's largest wooden city

Sweden Sweden — Atrium Ljungberg announces Stockholm Wood City – the world's largest urban construction project in wood, where the first sod is planned to be turned in 2025.

CBRE IM acquires residential asset in Stockholm area

Sweden Sweden — CBRE Investment Management on behalf of a fund sponsored by the firm, has exchanged contracts on a fully let, recently completed residential asset in Barkarbystaden, Stockholm.

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.

The construction giant's next office project – 9,000 square meters on vacant land

Sweden Sweden — A major expansion of the vacant area at Hornsberg's old bus depot is underway. Selvaag Bolig is proposed to receive a land reference for the construction of housing and NCC for the construction of 9,000 square meters of offices, both land references where awarded in great competition.

Citycon to receive major land assignment

Sweden Sweden — The project is being re-directed from the original idea of a school to nearly 500 homes with mixed forms of tenure. Nordic Property News reveals more about Citycon's plans in one of Stockholm's biggest focus areas.

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.

Castellum Wants to Postpone Access in Major Office Project

Sweden Sweden — The company cites the current market situation and difficulties in paying the purchase price as reasons for wanting to postpone their access to one of the two properties that make up the SEK 1.7 billion investment Infinity in Hagastaden. Nordic Property News has more details about the matter.

AMF Fastigheter's Goals for its First Joint Venture

Sweden Sweden — The biggest acquisition of the year in Sweden is underway. This time it is the pension administrators AMF and Swedish pension giant AP7 who join forces in a joint deal for one of the country's most attractive locations, with a price tag of 7.4 billion SEK. "For us, it was important to continue to be the majority owner," says AMF Fastigheter's CEO Tomas Erséus to Nordic Property News.

Atrium Ljungberg Signs Lease Contract in Hagastaden

Sweden Sweden — Atrium Ljungberg has signed a lease contract with MTR Nordic, which is moving its office to Mineralvattenfabriken in Hagastaden. The contract comprises more than 2,500 sqm in this historical building.

Nordic Hotel Consulting Strengthens Stockholm Team

Sweden Sweden — NHC will expand its Stockholm and Sweden presence with the engagement of Marcus Josefsson and Felix Jondal who join David Bergling as directors of Sweden.

The Resilience on the Swedish Office Market – Compared to the Rest of Europe

Sweden Sweden — The office market is estimated to continue struggling with even higher yields, a decreased rental growth prospect and increased vacancies, according to Cushman & Wakefield's latest Office Snapshot. Anders Elvinsson, Head of Valuation & Strategic Advisory, on the outcome of the report.