Stefan Dahlbo, CEO of Fabege.

Stefan Dahlbo: "We may see black swans flying around"

Sweden Sweden — A boring year. It is CEO Stefan Dahlbo's outlook for the market in 2024 that he shares at the presentation of the first quarter for Fabege. Two large vacancies and long lease negotiations are two of the factors that concern him.
TOP 4 Nordic
Liia Nõu, CEO of Pandox.
Nordic Nordic —
Strong sports event summer could lift Pandox and the hotel market
Ulrika Hallengren, CEO of Wihlborgs.
Nordic Nordic —
Mixed signals in the Wihlborgs office market
Areim’s and VGP’s joint venture acquires properties in Central Europe.
Nordic Nordic —
Areim’s and VGP’s joint venture closes its first acquisition in Europe
Johan Skoglund, CEO of JM.
Nordic Nordic —
Johan Skoglund: "The banks are a bit more stingy these days"
Liia Nõu, CEO of Pandox.

Strong sports event summer could lift Pandox and the hotel market

Nordic — Pandox and the hotel market as a whole had a positive development during the first quarter of the year and there is hope for an even stronger lift in the summer when both the Euros in Germany and the Olympics in Paris will contribute to increased activity on the market. Here, Pandox CEO Liia Nõu tells us more about the company's development and future prospects, and industry expert Thomas Emanuel reports on the situation in the European hotel market, which has now, among other things, recovered past the levels that prevailed before the pandemic.
Ellen Langeggen.

KLP Eiendom appoints Ellen Langeggen as new MD

Norway Norway — Ellen Langeggen has been appointed as the new Managing Director of KLP Eiendom.
Joacim Sjöberg, CEO of Castellum.

Castellum sells properties for EUR 85 million

Sweden Sweden — Castellum is selling ten properties for SEK 934 million (EUR 85 million) less deferred tax and overheads totalling approximately SEK 25 million (EUR 2.3 million). The sale price confirms the carrying amount.
Oscar Properties.

New threat of bankruptcy for Oscar Properties – the Chairman exits the company immediately

Sweden Sweden — Oscar Properties' bondholders have canceled their senior unsecured bonds of SEK 884 million for immediate payment. The owners will apply on Friday for Oscar Properties to be declared bankrupt if payment has not been made. At the same time, the company announces that chairman of the board Peter Norman and board member Markus Dragicevic are leaving their positions with immediate effect.
Ylva Sarby Westman, CEO of Neobo.

Neobo's strategy going forward: First divestments – then acquisitions

Sweden Sweden — The real estate company Neobo continues to reduce its vacancies and increase its occupancy rate. On the other hand, the company reports a significantly lower operating result during the first quarter, compared to the same period the year before. The company's CEO, Ylva Sarby Westman, tells Nordic Property News: "We must work with all lines in the income statement if we are to succeed."
Ulrika Hallengren, CEO of Wihlborgs.

Mixed signals in the Wihlborgs office market

Nordic — Regardless of what happens next, Wihlborgs must be ready, says CEO Ulrika Hallengren at the presentation of the first quarterly report. The company, which this year celebrates 100 years, can also look forward to a record start in 2024, while still keeping its foot lightly on the brake.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter completes divestment in Denmark

Denmark Denmark — K-Fastigheter has signed an agreement with an institutional investor regarding the divestment of a property portfolio comprising 311 apartments in Denmark.
Nordisk Renting makes acquisition in Drammen.

Nordisk Renting acquires in Drammen

Norway Norway — Nordisk Renting has added a new relation to a strong counterpart through an acquisition of a strategic asset for the customer.
Areim’s and VGP’s joint venture acquires properties in Central Europe.

Areim’s and VGP’s joint venture closes its first acquisition in Europe

Nordic — The Nordic fund manager and property owner Areim, and VGP, a supplier of high-quality logistics and semi-industrial real estate, have closed their first acquisition through their 50:50 joint venture. The acquisition consists of 17 assets in ten different logistics parks across Germany, the Czech Republic and Slovakia. The total area amounts to 450,000 square meters of gross lettable area and is fully let.
Rutger Arnhult, CEO of Corem.

Arnhult joyful over the net rental and the bond market

Sweden Sweden — Corem's CEO Rutger Arnhult sees the net rental of 49 million as the most positive thing about the company's first quarter and sees the turnaround in the bond market as "incredibly positive". At the same time, the vacancy rate has increased further and is now at 14 percent. Here he tells more about the company's path forward and how the company views projects and acquisitions going forward.
Johan Skoglund, CEO of JM.

Johan Skoglund: "The banks are a bit more stingy these days"

Nordic — JM has submitted its interim report for the first quarter of 2024 and a satisfied Johan Skoglund meets the press in this, his very last presentation as president and CEO of the company. Because even though the financing budget has shrunk a little in recent years and revenues at national level have decreased, the company's sales are up by 60 percent compared to the previous year's report. "We plan to start more homes this year than we did in 2023," says Johan Skoglund to Nordic Property News.
The property Litografen 8 in Eskilstuna.

SLP acquires logistics property with development potential in Eskilstuna

Sweden Sweden — SLP has signed an agreement to acquire the property Litografen 8 in Eskilstuna, which, including building rights, has a total area of approximately 59,000 square meters.
Marie Teike.

Platzer recruits Marie Teike as new Business Development Manager

Sweden Sweden — Marie Teike is being recruited as a new Business Development Manager for Platzer Fastigheter starting in August 2024. She most recently came from a role as Property Development Manager at Lansa Fastigheter.

Nischer cancels sales agreement in Gothenburg

Sweden Sweden — Nischer Properties has decided to cancel the agreement on the sale of development projects in Säve in Gothenburg.
Short positions are decreasing in the listed giants.

Short positions are decreasing in the listed giants

Nordic — An updated review by Nordic Property News shows that short selling is decreasing in the largest real estate companies on the stock exchange, where pressured SBB is still the entire stock exchange's second most shorted stock. A residential company under pressure has almost got rid of all its short selling in the first months of the year.
Jens Engwall, the Founder of Nyfosa.

The Founder divests large portions of his Nyfosa holdings

Sweden Sweden — Nyfosa’s Founder Jens Engwall has divested a large chunk of his holdings and exits the top ten list of the company’s largest owners.
Bonnier Fastigheter acquires from JM.

JM sells rental property in Sundbyberg to Bonnier Fastigheter

Sweden Sweden — JM has signed an agreement with Bonnier Fastigheter AB for the sale of a rental property in Rissne, Sundbyberg. The transaction amounts to SEK 410 million (EUR 37 million).
The Urban Light JV acquires by the Helsinki Airport.

Alma and Alea acquired a last-mile logistics asset near Helsinki Airport

Finland Finland — Alma Property Partners and Alea Partners acquired a last-mile logistics property located in Koivuhaka, Vantaa, through their joint venture Urban Light.
Knut Rost.

Knut Rost elected new board member of Alecta Fastigheter

Sweden Sweden — At Alecta Fastigheter's general meeting on 22 April 2024, Knut Rost was elected as a new board member. Knut Rost has extensive experience in the property industry, most recently from Diös Fastigheter, where he has been CEO since 2014. Knut Rost succeeds Kerstin Lindberg Göransson, who declines re-election.
Henrik Gerdin and the logistics property acquired in Oslo.

"We are interested in logistics acquisitions in all Nordic countries"

Nordic — After making its first logistics acquisition in Norway, Niam is committed to further growing its logistics portfolio in the Nordics. Henrik Gerdin, Fund Manager at the company, tells Nordic Property News about which markets Niam wants to grow in, which boxes need to be checked when looking at logistics, how Niam views the competition within the segment and how he sees the logistics markets will develop in the future.
Nordic Property News has taken a closer look at who owns most of the capital in the Nordic listed property companies.

The largest owners in the listed Nordic real estate companies

Nordic — Nordic Property News has taken a closer look at who owns most of the capital in the Nordic listed property companies. Here is the full list.
Ideon, Lund.

Wihlborgs lets 4,800 sqm in Lund

Sweden Sweden — Wihlborgs has signed leases with two companies for a total of 3,800 square metres at Cube (Nya Vattentornet 4) on Mobilvägen in Lund. A public sector tenant will move in to 1,000 square metres in the neighbouring property Bricks (Nya Vattentornet 3).
Siv Malmgren has been elected as new board member of Specialfastigheter.

Siv Malmgren elected new board member of Specialfastigheter

Sweden Sweden — The annual general meeting for 2024 in Specialfastigheter has decided that no dividend will be given to the owner. A new member, Siv Malmgren, was elected to the board.
NCC to refurbish District Court in Vantaa.

NCC to refurbish District Court in Vantaa

Finland Finland — NCC has been contracted by state-owned property company Senaatti (Senate Properties) to refurbish the District Court in the Tikkurila district of Vantaa.