Oscar Properties.

Oscar Properties' bankruptcy filing is withdrawn

Sweden Sweden — Oscar Properties has reached an agreement with the group's largest creditors who intended to sign the agreement on Wednesday, according to a press release from the company.
TOP 4 Nordic
Nordic Nordic —
Winners and losers on the stock market in October
Erik Selin, CEO of Balder.
Nordic Nordic —
Balder ready to start growing again in 2025
Logistea's CEO Niklas Zuckerman. The image is a montage.
Nordic Nordic —
How Logistea benefits from the merger with KMC Properties
Peter Wallin, CEO Bonava.
Nordic Nordic —
How Germany's troubles opens opportunities for Bonava
Robert Boije, Chief Economist at SBAB.

Chief Economist sees indications to the inflation being defeated

Sweden Sweden — During an event organized by SBF Fonder, SBAB's chief economist Robert Boije explained that all the factors that previously drove up inflation have been completely normalized and the underlying figures now points towards inflation being defeated. Here he explains more about what this means for the housing market, both in terms of sales, new production and future investments in the segment.
Catena’s property portfolio to grow – company acquires newly built logistics facilities in Landskrona from the DSV Group.

Catena makes MEUR 214 acquisition from DSV Group

Sweden Sweden — Catena has signed an agreement with DSV Road Holding A/S to acquire a property in Landskrona for SEK 2.4 billion (EUR 214 million). The acquisition expands Catena’s property portfolio by just over 180,000 sqm of logistics space.
Petteri Kokko. The image is a montage.

"There is both international and domestic capital looking actively"

Finland Finland — Catella makes a management change as Petteri Kokko succeeds Antti Louko as Managing Director in Finland. Petteri Kokko tells Nordic Property News about his step up, his view on Catella’s position in Finland, the state of the Finnish market and how it will develop going forward.
Alma and Kristensen buy on Strøget in Copenhagen.

Alma and Kristensen acquire property on Strøget

Denmark Denmark — Alma and Kristensen acquire property on the Strøget high street in central Copenhagen.

Slättö sells to Logistea

Sweden Sweden — Logistea has closed the transaction of a property in Åmål with an underlying property value of MSEK 185 (EUR 16.5 million). The seller is Slättö.
CEO Orlando Villacrez in front of the newly acquired properties in Tyresö. The image is a montage.

Storsala makes new acquisition: "More to come"

Sweden Sweden — Storsala has big plans to grow and the market is right for making favorable acquisitions. And the company is now doing it for the second time this year. And there will be more, CEO Orlando Villacrez tells Nordic Property News.
Kjell Stenudd and Anders Karlsson have launched the company Athena Fastigheter.

Former SBB-exec launches new company

Sweden Sweden — Last week, the new property company Athena Fastigheter was launched, which focuses on both rental properties and nursing homes. Co-founder and CEO, Kjell Stenudd, tells Nordic Property News about the plans for the company.
Birch Ejendomme's CEO Thomas Bertelsen.

Birch Ejendomme makes large divestment

Denmark Denmark — Birch Ejendomme and the real estate company Velkomn have entered into an agreement on the sale of 667 terraced houses divided into eight housing projects.
Thomas Sletten and Linn Idsø Brenne.

Møller Eiendom buys from Storebrand

Norway Norway — Møller Eiendom buys the office building Møllergata 24 from Storebrand Livsforsikring and thereby expands its solid property portfolio in the area around Møllergata and Hammersborg.
Bo Wikare and the NK department store building in Stockholm.

Bo Wikare leaves Hufvudstaden

Sweden Sweden — Hufvudstaden will be replacing the President of Nordiska Kompaniet (NK). A recruitment process will begin immediately and the current President, Bo Wikare – who is also the Vice President of Hufvudstaden and a member of Group Management – will leave the company at the end of August, 2024.
Christoph Flügel, Arbireo Capital.

Arbireo Capital enters the Nordic market

Nordic — Arbireo Capital is an independent investment company which operates above all on the German real estate market. They have now taken their first and probably not last step into the Nordic market. Christoph Flügel, Board Member of Arbireo Capital, says that within one year we will probably see more transactions.
Johan Nihlmark.

Nordsten Development recruits Johan Nihlmark

Sweden Sweden — Nordsten Development has recruited Johan Nihlmark as Business Development Director and partner.
Petteri Kokko.

Petteri Kokko appointed new MD of Catella Corporate Finance Finland

Finland Finland — Catella has appointed Petteri Kokko, current Head of Transactions, as new Managing Director at Catella Corporate Finance Finland succeeding Antti Louko. Petteri Kokko will start his new position 1 July 2024.
This is how the nordic real estate companies performed on the stock exchange during the month of May.

Winners and losers on the stock market in May

Nordic — After a weaker April, most of the listed Nordic real estate companies managed to reverse the trend and ended up in the green during May. Here, Nordic Property News presents the winners and losers on the stock market during the fifth month of the year.
Atrium Ljungberg sells to Alecta Fastigheter.

Alecta Fastigheter buys two properties from Atrium Ljungberg

Sweden Sweden — The property company Atrium Ljungberg signed an agreement today for the sale of the properties Sundbyberg Eken 6 and Sundbyberg Eken 14, Marabou’s former chocolate factory and head office. The purchase price is based on an underlying property value of SEK 2,114 million (EUR 188 million) and comprises approximately SEK 36,400 sqm of letting area. The purchaser is Alecta Fastigheter.
P-G Persson.

New Swedish real estate company launched: "Good timing with the market starting to turn"

Sweden Sweden — P-G Persson is back with the new Gothenburg-based real estate company Safjället Fastigheter, which he starts together with Backahill, Bygg-Göta, Lesley Invest and Bevaclean. He told Nordic Property News about the structure of the company and the constellation of owners behind it, where and what type of properties they want to acquire, and about the long-term goals for the company.
Catella’s pan-European Fund CER III acquires Portfolio of 243 Residential Units in Finland’s ‘Golden Residential Triangle’.

Catella’s pan-European Fund CER III acquires portfolio in Finland’s ‘Golden Residential Triangle’

Finland Finland — The Catella European Residential III Fund (CER III) has, in cooperation with Catella Asset Management Oy, acquired a portfolio of 243 new-build apartments, six commercial units and 122 parking spaces in the Finnish cities of Helsinki, Tampere, Turku and Vantaa, for approximately EUR 50 million from Oivat Kaupunkikodit Ky, a fund managed by EQ Asset Management Ltd.
Magnus Andersson, CEO of Besqab.

The strategy for the "new" Besqab

Sweden Sweden — The first signs of the merger of Aros Bostad and Besqab into a single company are starting to show. At Thursday's presentation of the quarterly report, CEO Magnus Andersson offered both market analysis and their strategy to become a leading housing developer in Stockholm and Uppsala.
Copenhagen.

Thylander brings in new Partner

Denmark Denmark — Carl-Johan Collet joins Thylander as new Partner focusing on the strategic investment and asset management services for third party capital.
Lansa makes acquisition in Lund from K2A.

Lansa buys from K2A

Sweden Sweden — Lansa Fastigheter expands its property portfolio in Lund by acquiring a property with 98 homes from K2A.
Christian Fladeland, Co-CEO of Heimstaden AB and Ivar Tollefsen, chairman of Heimstaden AB and Fredensborg AS.

Heimstaden execs hits back against "misconceptions" about the company

Nordic — Ivar Tollefsen, Chairman of Heimstaden AB and Fredensborg AS, and Christian Fladeland, Co-CEO of Heimstaden AB, were guests during the advisor Colliers' latest Nordic real estate webinar on Tuesday. There, they hit back against what they feel are incorrect descriptions of Heimstaden and Heimstaden Bostad in the media and also explained the group's most important strategies going forward.
Aktiesparna's analyst Robert Andersson explains what SBB's latest JV means for the company's pressured liquidity.

"Clearly negative that money is being allocated to dividends right now"

Sweden Sweden — Aktiesparna's analyst Robert Andersson lays out what SBB's latest JV means for the company's pressured liquidity – and how the imminent dividend of over SEK two billion goes against the company's endeavor to improve its balance sheet, but must still be carried out.
Helsinki.

Nuveen makes large residential acquisition in Finland

Finland Finland — Nuveen Real Estate’s European Value Add strategy makes first single family housing acquisition with EUR 42 million investment in Finland.
Leiv Synnes, CEO of SBB.

SBB and Kåpan signs agreement to divide SBB Kåpan Bostad

Sweden Sweden — SBB has agreed with Kåpan Tjänstepension to divide the jointly owned housing company SBB Kåpan Bostad AB, of which the parties each own 50 percent.