After the offensive rights issue – Catena sees big Danish potential

Nordic — After a recent new share issue, Catena now has fresh capital of a little over SEK 2 billion which it hopes to spread over the next six to twelve months. For Nordic Property News, Catena's CEO Jörgen Eriksson talks about the ambitions with the new capital, how and where the company prefers to see the money invested and in which geographies he sees the greatest potential right now.

Prologis: Swedish logistics rents increased at a slower pace in 2023

Sweden Sweden — After a strong 2022 with rent growth of just over ten percent in Sweden, growth slowed in 2023 and increased by only 2.5 percent, far from the European average of seven percent. This is shown in Prologi's latest report on rental indices in Europe and globally. Nordic Property News reveals more about the findings in the report.

YIT closes down the operations in Sweden

Finland Finland — YIT has completed the strategic review of its infrastructure business in Sweden and chosen to close down the operations in Sweden.

Selvaag goes green in Swedish housing project

Sweden Sweden — With its proposal "Grønn", Selvaag Bolig won a land allocation competition for residential construction in central Nacka, Sweden, in 2021. Before the consultation of the detailed plan, the first illustrations of the green project, produced by Belatchew architects, are now available, and Nordic Property News can tell you more about the company's investment in Nacka.

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.

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.

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.

Moody's: Greatest risk of credit quality erosion is in Sweden

Nordic — Judging by Moody's latest report on the European real estate market, Sweden stands out as the black sheep in the real estate family. Nordic Property News has taken a deep dive into the credit rating agency's latest analysis, where several different negative factors are flagged in the Swedish real estate market, such as high interest rates, lower valuations and a potential erosion of credit quality.

This Is Where Sweden and Norway Are the Worst in Europe

Nordic — The Nordic duo, particularly Sweden, stand out in a negative sense as MSCI Real Assets details the European property market performance in Q1. Their latest report shows, among other things, that commercial real estate investment in Europe fell to an eleven-year low in the first quarter of this year, a run led by the office sector.

The Hottest and Coldest Property Segments in Sweden

Sweden Sweden — The Swedish economy has been hit harder than the other Nordic countries, and thus the Swedish real estate market has also been hit harder. With the help of Collier's latest outlook, Nordic Property News presents what the future prospects look like for the various segments in the market.

Colliers Predicts a Tough 2023 – This Is When Fortunes Can Turn Around

Nordic — The consulting and advisory giant Colliers sees a challenging 2023 ahead with a continued pending transaction market, turbulent financing market and unclear outlook for interest rates and inflation. But there is light further down the tunnel, that's what head analyst Mikael Söderlundh and CEO Bård Bjølgerud said during a digital presentation that was held on Wednesday. Nordic Property News gives you more details.

Parakey Continues to Grow Despite the Recession

Nordic — The other Monday it became clear that Kim and William Olsson from the Stena owner family, former ice hockey player and Olympic gold medalist Mikael Samuelsson, and Henrik Garvner from Signup Software joined as investors. Together raising an investment of 28 million sek in the mobile access system company Parakey. Several existing owners – including Tham Invest, Green Group, Vätterleden Ventures and Bassholmen AB – defended their holdings. According to CEO and co-founder Jonas Arvidsson, the company is in a position where they can grow even more in the wake of the recession.

The American Giant’s Nordic Acquisitions

Nordic — Nordic Property News lists Blackstone’s largest purchases in the Nordics, the last years.

Why the Nordic Investment Boom Continues

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, tells Nordic Property News about the latest investment trends in the Nordics and explains why there is a shifting from the commercial to the residential sector and what can become an obstacle for investors in the future.

Why Housing Outside Sweden Is Excluded for SBB

Nordic — SBB's CEO Ilija Batljan tells Nordic Property News about the benefits of growing in Finland and why they will never invest in housing on any other market than the Swedish.

“That Year was a Sad Story”

Nordic — 2018 was another great year for Bonava. Three stabile markets in the Nordic Region and now they are bouncing back in Finland after an earlier EBIT struggle.

"There are no Sensible Proposals"

Sweden Sweden — It has been a messy time in Sweden since the parliamentary election. After approximately 130 days, it looks like a new government is in place. The real estate profiles and the former politicians have a say about the new government and the effects on the real estate market.

Alecta Acquires Värmdö Köpcentrum

Sweden Sweden — Rockspring and Vencom have sold Värmdö Köpcentrum to Alecta. Vencom Property Partners and Alecta are at the same time starting a new co-operation.

Batljan’s Company Makes Large Investment in Falkenberg

Sweden Sweden — Samhällsbyggnadsbolaget created by Ilija Batljan purchases a large urban development project in Falkenberg. The total investment will be approximately €260 M (SEK 2,5 billion).

Redito Purchases from Starwood for €330 M

Sweden Sweden — Starwood Capital Group, a leading global private investment firm, and Vencom, through separately controlled affiliates, sells six retail parks and shopping gallerias in Sweden to Trophi Fastighets AB, a company managed by Redito and owned by the Swedish pension fund AP3.

Heimstaden Purchases in Värnamo

Sweden Sweden — The portfolio consists ten properties containing 174 flats and 35 commercial premises. Total area is about 19,300 sqm and sellers are VärnaBo AB.

NCC to Construct Green Office Building for Fabege for Nearly €90 M

Sweden Sweden — NCC has been commissioned by Fabege AB to construct a 40,000-square meter office building next to Arenastaden in Solna, Sweden. The office building will be BREEAM Excellent certified and have ICA as the largest tenant. The order is worth SEK 830 million (nearly €90 M).

Intea Closes Huge Deal with Blackstone/Areim

Sweden Sweden — Intea purchases social properties from Blackstone/Areim in Linköping and Östersund, for approximately SEK 3 billion (€ 323M).

Skanska Sells to Folksam in Malmö

Sweden Sweden — Skanska has signed an agreement with Folksam on the transfer of the office at Malmö Live, Sweden, for SEK 580 M (€62,52 M).

Hemfosa Acquires Community Service Properties

Sweden Sweden — Hemfosa has signed an agreement to acquire 13 school properties, primarily in the Stockholm region, at a value of MSEK 444 (€ 47,86 M), with the exclusive option to sign an agreement in September 2016 to acquire a further two school properties at a value of MSEK 320 (€ 34,50 M).