Henrik von Sydow.

Carnegie: The future is not that hard to predict

Nordic — Henrik von Sydow, Global Analyst at Carnegie, on the upcoming challenges in the geopolitical environment.
Oscar Properties.

Stockholm District Court rejects Oscar Properties' corporate restructuring application

Sweden Sweden — The Stockholm District Court has announced that the company's application for reconstruction is rejected. The company intends to appeal the decision to the Svea Court of Appeal with a request for urgent processing.
Farid Shawkat.

Colliers appoints new COO for the Nordic market

Nordic — Colliers announces the appointment of Farid Shawkat as Chief Operating Officer for the Nordic region.

Colony has made an offer to acquire the shares in Fleming Properties

Sweden Sweden — The Swedish company to get a new main owner.
Andreas Morfiadakis, CEO of Klarabo.

Aims to be more active on the transaction market – here are the challenges ahead for Klarabo

Sweden Sweden — CEO Andreas Morfiadakis: "Klarabo's way back to being a transaction-intensive company where we continue to grow through acquisitions."

Heimstaden Bostad Secures a Seven-Year EUR 725 Million Loan

Nordic — Heimstaden Bostad, through its subsidiary Heimstaden Holding 1 B.V., successfully refinances part of its portfolio in the Netherlands through a new sustainability-linked secured credit facility with maturity in 2031.
Oscar Properties.

Oscar Properties' future to be decided soon

Sweden Sweden — The Stockholm District Court postponed bankruptcy proceedings with Brf Innovationen yesterday.
Max Barclay.

Newsec: Great global interest for the Nordic market

Nordic — Max Barclay, Deputy CEO at Newsec, on the expected figures on the transaction markets in the Nordic countries.
Catena sells in Bjuv.

Catena owned company divests property in Bjuv to Aviva Investors

Sweden Sweden — Foodhills Fastighet AB has signed an agreement to sell the Bjuv 23:6 property in Bjuv via a corporate transaction at an underlying property value of SEK 645 million before the deduction of deferred taxes.
Joakim Alm.

Alm Equity sells shares in Nyttobostäder to Aermont Capital

Sweden Sweden — The purchase price amounts to SEK 1.9 billion, with the underlying property valued at approximately SEK 8.4 billion and is one of the largest residential deals ever in Sweden.
Niklas Samuelsson, CEO of Savills Sweden.

Savills on the transaction trends to expect

Nordic — Savills Sweden's CEO Niklas Samuelsson: "The situation is assessed on a micro, micro, micro level."
Four new properties will be developed in Denmark.

Biggest lease to date – Prisma's expansion takes new leap

Denmark Denmark — Prisma Properties has signed long lease agreements with the low-price player Big Dollar, which thereby continues its extensive expansion in the Danish market. The lease applies to a total of four new stores totaling approximately 13,000 square meters with an annual rental value of DKK 13.1 million, approximately EUR 1.75 million.
Peter Wallin, CEO Bonava.

Bonava CEO: "Recovery can take time"

Nordic — Bonava sees good opportunities to gradually increase production starts in the second half of 2024 and 2025. This is what CEO Peter Wallin says in the report for the second quarter. But there is one market that looks particularly bright.
Oceana the day after the fire.

NCC gets renewed deal for fire-ravaged water park: "Gratifying step forward"

Sweden Sweden — Five months have passed since the amusement park Liseberg's upcoming water park Oceana in Gothenburg went up in flames. The fire claimed one life and the devastation was great. Niklas Sparw, business area manager, now explains how important it was for NCC to regain the confidence to complete Oceana.
Erik Selin, CEO of Balder.

"For Balder, the choice is between everything or nothing"

Nordic — He has hinted at it before. Balder can take many paths forward and nothing seems set in stone for CEO Erik Selin. From being a company that hoards building rights, there is now reasoning about divestments. A direction towards a more rational company, he says when the second quarterly report is presented.
The water park Oceana was planned to open this summer.

Fire-ravaged water park can be inaugurated in 2026 – NCC receives new confidence

Sweden Sweden — At an extra board meeting on July 17, Liseberg's board decided that the water park Oceana in Gothenburg should be rebuilt. Oceana, which suffered extensive damage in a fire in February this year, has been cleared and cleaned during the last quarter. With the board's decision made, a reconstruction is now possible, but the road to a finished project is not straight, and some issues remain to be investigated. NCC, which was in charge of the contract when the fire broke out, is given renewed confidence to rebuild Oceana.
CEO Rutger Arnhult.

Corem strengthens the balance sheet by 93 million

Sweden Sweden — The real estate company Corem Property strengthens its balance sheet by carrying out a directed new issue of SEK 1.020 million, approximately EUR 92.93 million. The subscription price is SEK 9.60 kronor, EUR 0.87, per B share. This is stated in a press release.
Joacim Sjöberg, CEO of Castellum.

"Castellum will never finish selling"

Nordic — On Tuesday, it was time for Castellum, led by CEO Joacim Sjöberg, to report how the company performed during the first half of the year. They are not done with sales, but it's time to open the wallet. Not least when the rentals need a lift.
Christian Fredrixon.

Ten percent down on Cibus management results

Nordic — The real estate company Cibus reports a lower management result during the second quarter, compared to the same period the year before.
Oscar Properties.

Another Oscar Properties company faces bankruptcy

Sweden Sweden — Oscar Properties' liquidator puts yet another subsidiary into bankruptcy.
Tommy Åstrand.

SLP: "The investments bear fruit"

Sweden Sweden — SLP, Swedish Logistic Property, continues forward on the beaten path. For the past five years, the company has acquired one property a month. At the presentation of the second quarter, CEO Tommy Åstrand explains how the expansion affects the company and the strategy when they add new properties to the portfolio.
Daniel Kjørberg Siraj, CEO of Obos.

Obos: "Housing development is performing significantly worse than last year”

Nordic — Obos reported a profit before tax of approximately EUR 77.25 million in the second quarter of 2024, compared to EUR 106.91 million in the same period last year. The result for the first half of the year landed at EUR 74.46 million, compared to EUR 140.14 million last year.
Erik Selin, CEO of Balder.

Balder's management results down in Q2

Nordic — Property company Balder's rental income amounted to EUR 275 million in the second quarter of 2024. The average in Infront's compilation of nine analysts' estimates was EUR 274 million.
Rutger Arnhult, CEO of Corem.

Arnhult: "Corem still have properties worth a few billions for sale"

Sweden Sweden — Rutger Arnhult states that the challenges that Corem had a year ago have now been significantly mitigated and with more rate cuts on the way, he sees a brighter future for both Corem and the sector as a whole. During the company's report presentation on Friday, he highlighted the improved figures during Q2, how the average interest rate for the company has now reached its peak and why there is less pressure to sell as many properties as last year.
Visualization of Paulshöfe.

Bonava sells housing project

Nordic — Bonava is selling a project of 89 rental apartments in Düsseldorf, Germany.