Leiv Synnes, CEO of SBB.

SBB's game plan when the tide turns

Nordic — The liquidity is at stake and the focus of everything SBB has done and continues to do. At the presentation of the second quarter's results, it was clear which path the company has set out and how they continue forward. And it seems that a rerun is the main option.
Catena on the verge of large Danish acquisition.

Catena closing in on major logistics acquisition in Denmark

Denmark Denmark — Catena is in advanced stages of negotiations after having signed an LOI with an existing tenant to acquire a newly built, high ESG-profile and fully let logistics asset in Denmark.
Liia Nõu, CEO of Pandox.

Pandox completes London acquisition

Nordic — Pandox has acquired three aparthotels in central London for MGBP 230.
Klövern's new management.

New management team in place in Klövern

Sweden Sweden — The continued formation of Klövern as a commercial housing company leads to an expanded management team of eight people.
Farid Shawkat. The image is a montage.

What real estate can learn from other industries

Nordic — Colliers is stepping outside the box with its latest management team recruitment. The company's new COO, Farid Shawkat, who most recently joins from the telecom industry, tells Nordic Property News what experience from other industries such as the real estate industry can benefit from, what attracted Colliers, about taking the step back into the real estate industry and about the goals of his new position.
Henrik Gerdin, Fund Manager at Niam.

Where Niam looks for new investments for the opportunistic EUR 805 million fund

Nordic — Niam Nordic VIII is the second largest opportunistic fund in Niam's history, with its EUR 805 million. The expectation is that Niam's eighth fund will be fully invested in the first half of 2025 as they have several deals under due diligence and see other good opportunities ahead, says Fund Manager Henrik Gerdin.
Jenny Rehn, CEO of Nordiqus.

Nordiqus secures USD 800 million refinancing

Nordic — The SBB associated company in Education, Nordiqus, has refinanced approximately USD 800 million, corresponding to approximately SEK 8.6bn, of its existing bank debt of SEK 16bn with private placement bonds issued directly in SEK and NOK in the US market. The bonds have maturities of 10 to 15 years. This has been made possible by Nordiqus’ financing receiving an investment grade rating based on infrastructure rating methodology.
28&7.

Corem signs lease contract in New York

Sweden Sweden — Corem has signed an additional new lease contract for a total of 807 sqm at the project property 28&7 in New York. The tenant Injective Labs, active in fintech, will move in in the first quarter of 2025 and the lease term is five years. With the signing of this lease, Corem's total annual contract value for all signed lease contracts in the US amounts to approximately USD 18 million and the occupancy rate in 28&7 amounts to 73 percent.
The property Trängkåren 6 (the Sweco building) in Stockholm.

Areim signs new lease in Tidningskvarteren in Stockholm

Sweden Sweden — Areim and Sweco have signed a 10-year lease agreement for 20,000 sqm of lettable area in Trängkåren 6 in Tidningskvarteren, Stockholm. Sweco has thus chosen to remain in Areim’s property, which will undergo sustainable adaptions to meet the company’s current and future needs for its head office.
P-G Persson.

P-G Persson's new venture is ready for action

Sweden Sweden — The former Platzer CEO P-G Persson has together with four other major players founded Safjället Fastigheter and now the company is soon ready to start acquiring its first properties. P-G Persson talked about that and revealed more about the future when he visited the Local Market Day in Gothenburg that Nordic Property News sister paper Fastighetssverige arranged on Wednesday last week.
Greg Dingizian and Victor Persson.

Doxa's CEO steps down: "Challenging times"

Sweden Sweden — In just four days, board member Ola Serneke and CEO Victor Persson have decided to leave Doxa. To Nordic Property News board chairman Greg Dingizian and Victor Persson explains what is behind the decisions.
Hilde Vatne.

JM sells property in Tønsberg

Norway Norway — JM has signed an agreement for the sale of a property located in Tønsberg, in Vestfold county.
Jennifer Andersson, Managing Partner at Niam.

Niam announces final close of its second largest opportunistic fund in company history

Nordic — Niam announces the final close of Niam Nordic VIII. The fund has successfully secured EUR 805 million in equity commitments, excluding co-investment capital. This milestone establishes Niam Nordic VIII as the second largest opportunistic fund in Niam's history. Over the past 12 months, the team has successfully deployed a majority of this capital into primarily the Nordic residential and logistics sectors along with other opportunity driven investments.
Hotell EA5 in Helsinki.

NCC to refurbish hotel in Helsinki

Finland Finland — NCC has been commissioned by Exilion to refurbish a future Scandic Hotel in Helsinki, Finland. The property also contains office premises, retail space and restaurants.
Maryrose David, Savills.

Logistics vacancies are increasing – but will level out

Nordic — Maryrose David, head of analysis at Savills in Stockholm, spoke at the Local Market Day in Gothenburg about the different segments in the real estate industry and how things have changed at the top of the market. Her initiated overview of the state of affairs in the various types of investment showed which of them are the most attractive to invest in today.
Mikael Söderlundh, former head of research at Colliers.

Mikael Söderlundh on his decision to leave Colliers after 14 years

Sweden Sweden — Collier's long-time veteran Mikael Söderlundh has left his role as Head of research at the adviser to continue to explore his passion for music and film – at least until the end of the year. For Nordic Property News he talks about the decision to leave Colliers, his piano ambition and when he might consider jumping up on the real estate horse again.
Victor Persson.

Victor Persson leaves his position as CEO of Doxa

Sweden Sweden — Doxa announces that Victor Persson will leave his position as CEO of the company. Work on recruiting a new CEO will begin immediately. Kaj Grönvall steps in as acting CEO.
JM buys building rights.

JM buys Norwegian building rights

Norway Norway — JM has signed an agreement for the acquisition of building rights for the development of approximately 350 residential units in Høn in Asker, just outside Oslo. The agreement is conditional on a legally binding detailed plan and amounts to approximately SEK 460 million (EUR 42 million).
Stefan Soreby.

Stefan Soreby new Head of Finance at Olov Lindgren

Sweden Sweden — Stefan Soreby takes over as the new Head of Finance at the property company Olov Lindgren. Recruitment for the central role took place during the spring and he will take office in October 2024.
Bram Broekmeulen, Tomas Rockström and Gustaf Kjellström.

Revelop recruits three new employees

Sweden Sweden — Revelop continues to invest in its vertically integrated organisation through the recruitment of three new employees to the Investment and Fund & Portfolio Management teams.
Major profile leaves Colliers' after 14 years.

Major profile leaves Colliers' after 14 years

Nordic — After 14 years at Pangea and then Colliers, the Head of research has now chosen to leave the company for new challenges.
Ola Serneke, founder of Serneke.

Ola Serneke leaves the board at Doxa

Sweden Sweden — Doxa announces that Ola Serneke is leaving the company's board at his own request. He refers to other commitments. Ola Serneke has been on the board since the annual general meeting this year.
Oscar Properties.

Oscar Properties' bankruptcy postponed until October 31

Sweden Sweden — After lunchtime on Thursday, it was time for Oscar Properties to once again participate in a bankruptcy hearing, this time due to an unpaid debt to the Swedish Tax Agency, which requested that the heavily pressured company be put into bankruptcy. When the negotiation was finished, Oscar Properties had once again managed to get some breathing room as the decision from the district court was to postpone the bankruptcy until October 31. CEO Richard Bagge compares the company's continued journey to a 3,000-meter hurdle race.
Stockholm.

List: These are the largest property owners in Stockholm

Sweden Sweden — Nordic Property News has mapped the ten largest property owners in Sweden's three largest cities. Today it all ends with Stockholm, which with its 988,943 inhabitants is the country's largest city and municipality.
Verdion in another Danish development project.

Verdion to create logistic asset in Vejle

Denmark Denmark — Pan-European logistics real estate specialist Verdion has completed its second new development in Denmark this year – a EUR 30 million state-of-the-art new logistics asset in the Jutland city of Vejle.