The Huvudsta district.

Klövern buys residential project in Solna

Sweden Sweden — Klövern has signed an agreement to develop and acquire building rights with the potential for around 500 homes in Solna from Ursus Real Estate Management.
Bjarke Mikkelsen.

"I really think we can build something unique"

Denmark Denmark — Thylander gets a new CEO as Bjarke Mikkelsen takes the helm while Lars Thylander assumes the role of Chairman of the Board. Bjarke Mikkelsen tells Nordic Property News about his return to the Denmark and the first step into an environment where real estate will be his main business, the state of Thylander and the company’s most important tasks going forward.
Infrahubs and Genesta expand Husqvarna's warehouse by 35,000 sqm.

Infrahubs and Genesta make major expansion of Husqvarna's warehouse

Sweden Sweden — Infrahubs and Genesta are expanding Husqvarna's warehouse in Jönköping by 35,000 square meters. This expansion will bring the total leasable area of the logistics property to over 80,000 square meters.
Andreas Wahlén, CEO of NP3.

The first acquisition in two years – more to come according to the NP3 CEO

Sweden Sweden — On Wednesday, NP3 Fastigheter was able to announce that they completed six transactions and thereby acquired six properties with a property value of SEK 181 million (approximately EUR 16.5 million), primarily for industrial purposes. A small sum, but also a start to get back to the transaction market after a two-year hiatus for the acquisition-hungry company that NP3 is, says CEO Andreas Wahlén.
Elias Georgiadis, CEO of Stenhus.

Stenhus sells 62,000 sqm

Sweden Sweden — Stenhus Fastigheter has, through subsidiaries, entered into an agreement for the sale of 70 percent of the shares in the JV company Stenhus Uttern Holdco. The JV company owns, through subsidiaries, 16 investment properties in the warehouse/light industry/logistics segments. Subsidiaries of Stenhus and the buyer of the shares in the JV company have also entered into another share transfer agreement, whereby the buyer has acquired all the shares from Stenhus in a property company that owns two investment properties within the same segment.
Sonja Horn, CEO of Entra.

Entra sells Hotel Savoy in Oslo

Norway Norway — Entra sells Universitetsgata 11 (Hotel Savoy) in Oslo above book value.
Frida Tosterud Grov.

The segments that attract foreign investors to the Norwegian market

Norway Norway — The Norwegian market has been picking up speed in the start of 2024. Frida Tosterud Grov, recently promoted to Head of Capital Markets Norway at Colliers, tells Nordic Property News how she sees the market situation in Norway developing, about the foreign interest in Norwegian real estate and which segments will be leading on the transaction market in Norway in the future.
Michael Johansson is an analyst at Arctic Securities that follows SBB.

"I believe in continued JV structures rather than a bid for the entire company"

Sweden Sweden — Yesterday was dividend day in SBB and tomorrow the company has its annual general meeting where, among others, Lennart Sten is expected to be elected as the new chairman of the board. Nordic Property News discusses the situation for the pressured company with Arctic Securities analyst Michael Johansson.
Skanska divests courthouse building in Växjö.

Skanska divests to Vacse

Sweden Sweden — Skanska divests a court building in Växjö, where the Swedish Courts Administration is a tenant, for approximately SEK 490 million (EUR 45 million).
Jon Johnsson.

Bonava appoints Jon Johnsson as new CFO

Nordic — Jon Johnsson has been appointed Bonava's new CFO and a member of the Executive Management Group, and will take office not later than 2 January 2025.
Andreas Wahlén, CEO of NP3.

NP3 acquires six properties

Sweden Sweden — NP3 Fastigheter has acquired six properties in six transactions with a property value of SEK 181 million (EUR 16 million), primarily for industrial purposes.
Nordic Property News presents the status of some of the industry's most stressed companies.

Status of some of the industry's most stressed companies

Sweden Sweden — SBB is being pressured on the stock market, bankruptcy threatened Oscar Properties is getting ready to release its delayed annual report and Kvalitena is continuing with the reconstruction of the company. Nordic Property News goes thru the current situation regarding some of the industry's most pressured players.
Citygate and Ida Granqvist.

New milestone for Skanska's Investment Property company: "A flagship property"

Sweden Sweden — Skanska takes a big step in the work of building up its own management portfolio, by selling the Citygate office property in Gothenburg to its own Investment Property branch. Ida Granqvist, Investment Properties Manager at Skanska Fastigheter, tells Nordic Property News about why Citygate is a good fit for the company, about the importance of having also established itself on the Gothenburg market, about the next step for the Investment Properties business and how the first period since she assumed her new position has been.
Niam makes acquisition in Jönköping.

Niam acquires prime logistics asset in Jönköping

Sweden Sweden — Niam has acquired a prime logistics asset in Torsvik, Jönköping. The property has been continuously extended and spans 112,000 sqm, featuring automated high-rack storage, direct railway access and environmental certification according to BREEAM In-Use Very Good.
Corem signs lease in Gothenburg.

Corem has signed a six-year lease with the Swedish Coast Guard

Sweden Sweden — Corem has signed a six-year lease with the Swedish Coast Guard for approximately 3,500 square meters in Gothenburg.
Malin Lundgren.

Change in JM’s Executive Management

Sweden Sweden — Malin Lundgren, Director of Human Resources, has chosen to leave JM.
Poyan Katebi.

He takes charge of new Brunswick-led real estate venture

Sweden Sweden — Poyan Katebi leaves the role as CEO of Samfastigheter to instead become CEO of the newly started company SINDI backed by heavy players such as Brunswick and SEB. The new company is focused on social sustainability in the real estate industry and for Nordic Property News Poyan Katebi talks more about the new investment and ambitions.
Ilkka Salminen.

How Slättö aims to grow on the Finnish market

Finland Finland — Slättö grows its Finnish portfolio through two separate transactions. Ilkka Salminen, Head of Finland at Slättö, tells Nordic Property News about growth ambitions for the Finnish market, what segments and locations they consider attractive for new investments and how he sees the Finnish real estate markets developing going forward.
Citygate.

Skanska divests Citygate in Gothenburg for about EUR 216 million to internal portfolio

Sweden Sweden — Skanska Commercial Development Nordic has divested the office building Citygate in Gothenburg, Sweden, to own portfolio for about SEK 2.5 billion (EUR 216 million), after deductions for remaining investments and deferred tax.
Nrep sells to Blackstone.

Nrep sells Finnish urban logistics portfolio to Blackstone

Finland Finland — Nrep divests a Finnish urban logistics portfolio to funds managed by Blackstone for EUR 135 million. The ‘Aktiivihallit Ky’ portfolio comprises 22 warehouse properties with a total leasable area of approximately 133,000 square metres. 80 percent of the properties are located in the Helsinki metropolitan area.
Annie Franzon, Head of Transactions at Diös.

Diös divests properties in five cities

Sweden Sweden — Diös divests ten properties in five cities including housing, light industry, commerce and offices. This is done through three different transactions, which take place in line with the company's strategy. The total leasable area of the divested the properties correspond to approximately 57,000 square meters and the total sales price amounts to SEK 452 MSEK (EUR 39 million).

They invested most in their own portfolio

Nordic — They invested the most money in their own existing portfolios in Q1.

Swedish region booming after Volvo decision

Sweden Sweden — Skaraborg is facing a major change and the population will increase dramatically if the municipalities themselves are to be believed. One of the municipalities, Mariestad, is investing heavily in the establishments that await. 11,000 homes are needed – largely due to decision from Volvo.

Slättö acquires residential portfolios

Finland Finland — Slättö acquires two residential portfolios in Finland with total value of EUR 130 million.
SBB.

SBB extends lease agreement with Hässleholm Municipality

Sweden Sweden — SBB extends lease agreement of 15 years with Hässleholm Municipality.