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Trekanten in Oslo.

Citycon divests Trekanten in Oslo

Norway Norway — Citycon has signed an agreement to divest Trekanten in Oslo for a gross purchase price of NOK 1,325 million (approx. EUR 112 million). The price is in line with the latest IFRS fair value of the asset, excluding the value of existing building rights. The transaction is estimated to close by the end of September.
TOP 4 Nordic
Joakim Arvius, CEO Colliers Sweden.
Nordic Nordic —
Nordic rebound in 2024 as deal volume increased by 25 percent
Torben Bjørk Nielsen from Hoffmann A/S and Signe Primdal Lyndrup from the Norwegian Building Authority have signed a four-year strategic framework agreement.
Nordic Nordic —
Veidekke in agreement on strategic cooperation with the Danish Building Agency
Nils Styf, CEO of Hemsö.
Nordic Nordic —
"Hemsö have a strong investment pipeline"
The property acquired in France.
Nordic Nordic —
Areim’s and VGP’s joint venture closes its second acquisition in Europe
Swiss Life AM buys in Varberg.

Swiss Life AM buys logistics property in Varberg

Sweden Sweden — Järngrinden AB and Ekebeck AB sell the property Ärilen 1 on Holmagärde in Varberg, to a fund managed by Swiss Life Asset Managers Nordic. The property includes a 30,265 square meter logistics building that is currently under construction and will house Apotea's new logistics center.
Ursvik in Stockholm.

Storsala acquires building rights in Stockholm together with Niam and Derome

Sweden Sweden — Storsala has, in collaboration with Niam and Derome, acquired building rights for housing in the Ursvik district in Sundbyberg municipality. The plan is to develop 11,000 square meters spread over 227 rental apartments. The building will be built in wood and will be environmentally certified with the aim of achieving at least Miljöbyggnad Silver.
Tommy Åstrand.

SLP brings in EUR 100 million for new acquisition – here is what they are looking for

Sweden Sweden — SLP gets addition of capital for new acquisitions. After the new share issue, CEO Tommy Åstrand tells Nordic Property News where and what type of properties the capital should be invested in.
Mads Skaarup.

CBRE Capital Markets recruits profile: "Hope to strengthen the market position"

Denmark Denmark — CBRE is strengthening its department for real estate transactions and financing. CBRE Capital Markets has thus engaged Mads Skaarup, a widely recognised real estate professional with extensive transaction and financing experience. Skaarup tells Nordic Property News about his new job, and the challenges on the Danish property market.
ABG Fastena acquires a property in Kristianstad.

ABG Fastena buys from Catena

Sweden Sweden — ABG Fastena adds to its warehouses and light industrial portfolio through the acquisition of the property Arnulf Överland 1 in Kristianstad from Catena.
Solna United.

Nigab's HQ to Solna United

Sweden Sweden — Nigab leases approximately 600 sqm in Solna United and moves its headquarters.
Winner Amanda Tevell (middle) with finalists Lovisa Sörensson (left) and Matilda Olsson (right).

Amanda Tevell wins the Young Swedish Woman in Real Estate Award

Sweden Sweden — Amanda Tevell, CEO of Hifab Advisory and Deputy CEO of Hifab Group, has won the prestigious award Årets Unga Fastighetskvinna 2024 (Young Swedish Woman in Real Estate of the Year). She brought home the win in fierce competition with finalists Matilda Olsson, CFO of SLP, and Lovisa Sörensson, Head of Transactions at Sveafastigheter.
Petra Scharin and Max Barclay.

Newsec appoints Petra Scharin and Max Barclay as co-CEOs

Nordic — Newsec announced key changes in the management team as part of its ongoing commitment to strengthening market position and advancing strategic goals. Effective immediately, Petra Scharin and Max Barclay will jointly assume the role of CEO, reflecting Newsecs dedication to adaptive and innovative leadership.

The companies with the highest occupancy rates

Nordic — Nordic Property News has taken a closer look at how the companies' occupancy rates stand six months into 2024.
Johan Söderqvist.

Järngrinden names new Head of Finance

Sweden Sweden — On September 23, Johan Söderqvist takes up the role of new Head of Finance at Järngrinden. He succeeds Pär Thureson, who will retire in 2025.
Jesper Warén in front of one of the acquired properties in Västerås. The image is a montage.

Areim's targets for the hot segment

Sweden Sweden — Areim takes the next step within the hot warehouse and light industrial segment. Through the portfolio acquisition from Castellum, Areim enters the Västerås market and thus takes its first steps outside the metropolitan regions. Jesper Warén, Head of Light Industrial Investments at Areim, tells Nordic Property News about the new milestone, how they want to grow in Västerås, potential expansion into more new regional city markets and about long-term goals for warehouse and the light industrial portfolio.
Wihlborgs signs new lease at Ideon in Lund.

Wihlborgs signs agreement with Arm at Ideon in Lund

Sweden Sweden — The rapidly growing chip design company Arm has signed a seven-year agreement for 5,700 square meters in Vätet 1 in the innovation district Ideon.
Head of Occupier Services Colliers Nordics, Martin Lindgren.

Colliers’ expert on the office trends tenants demand

Nordic — The tenants' preferences and challenges will shape the office stock, with vacancies as a result. Martin Lindgren, Head of Occupier Services at Colliers Nordics, shares his view on where the winds are blowing and what the driving forces are behind the companies' changing needs.
Michael Rønnelund.

Major assignment could open new doors for Fokus Nordic

Nordic — Fokus Nordic recently secured a major asset management assignment for Danish pension giants. Michael Rønnelund, COO at Fokus Nordic, tells Nordic Property News about the significance of the assignment and what new doors it could open for Fokus Nordic.
Liia Nõu, CEO of Pandox.

Pandox acquires a hotel in Edinburgh from Starwood

Nordic — Pandox has entered into an agreement to acquire DoubleTree by Hilton Edinburgh City Centre in central Edinburgh, UK, from Starwood. The hotel will be operated under a management agreement with Axiom Hospitality. The total transaction value amounts to approximately MGBP 49 and is expected to be financed by available cash funds and a new bank loan.
Jacob Mörndal, CEO of M2 Asset Management and Rutger Arnhult, owner of M2.

M2 becomes largest owner in Logistea

Sweden Sweden — M2 Asset Management AB increases its ownership in Logistea AB by acquiring approximately 4.35 million A shares and approximately 43.6 million B shares for a total of SEK 767 million, making M2 Logistea's largest owner. The seller is Slättö.
Glashuset (the Glass Building) by Slussen in Stockholm.

Atrium Ljungberg signs new lease in Stockholm

Sweden Sweden — Over the past two years, Flower has expanded from 25 to 120 people, and it will continue to expand. The company is now moving its head office to Atrium Ljungberg’s property Glashuset in Slussen. The lease contract comprises approximately 2,500 sqm, and occupancy will take place in the autumn of 2024.

They increased their rental income the most during Q2

Nordic — Nordic Property News has taken a look at the listed property companies' reports for Q2 2024 to see which of them report the largest increase in net rental income compared to 2023.

Prisma Properties adds key-player

Nordic — Expansive Prisma Properties brings in new key-player to a top position.
Fabian 21.

Blackstone-owned Sponda signs new lease in Helsinki CBD

Finland Finland — Sampo Plc relocates its headquarters to Sponda-owned Fabian 21 office building in Helsinki CBD.
Akademiska Hus divests in Stockholm.

Akademiska Hus sells to the Swedish Fortifications Agency

Sweden Sweden — Akademiska Hus has signed an agreement with the Fortifications Agency for the sale of the land right Norra Djurgården 1:46 in Stockholm.
Areim acquires eight light industrial properties in Västerås.

Areim buys light industrial portfolio from Castellum

Sweden Sweden — Areim has acquired eight light industrial properties in Västerås in Sweden with approximately 17,000 sqm of lettable area from Castellum. The properties are located in the Hälla and Hacksta industrial areas. With this acquisition, Areim establishes itself in Västerås, Sweden's sixth largest city, within the light industrial sector and expands outside the metropolitan regions.
Ola Serneke.

Ola Serneke on the Doxa exit and his new venture

Sweden Sweden — After exiting the Board of Directors at Doxa, Ola Serneke tells Nordic Property News about the decision and about the new company he is starting.

Write-downs are decreasing among the Swedish real estate companies

Sweden Sweden — Ever since the second half of 2022, the companies' real estate values ​​have fallen in every single quarter, but during the first quarter of the year you could start to see a trend break for most Swedish companies, something that also continued during Q2. After the last reporting period, Nordic Property News has again looked at the property values ​​of the listed companies on the two largest lists and can state that fewer and fewer companies are writing down the values. Here is the full list.