Niam acquires last-mile logistics asset in Arlandastad, Stockholm.

Niam secures logistics asset in Stockholm

Sweden Sweden — Niam has signed a forward commitment acquisition of a last-mile logistics asset in Arlandastad, offering direct connections to the E4 highway, Arlanda Airport, Rosersberg and the Mälardalen region.
Patrik Kallenvret, CBRE:s Managing Director, Capital Markets, Nordics.

CBRE's MD: "It’s when you have a pit in your stomach you should buy"

Nordic — Property prices have bottomed, Patrik Kallenvret, Managing Director of Capital Markets, Nordics at CBRE is certain about. But whether the market has really turned around remains to be seen. When Nordic Property News meets him at the head office in Stockholm to talk about logistics, offices and the financial market, it is clear that a trend is even affecting the company itself. “If you try to hit bottom, you never do.”
Colliers' Nordic CEO Bård Bjølgerud and Head of research John Petersson.

Colliers' forecast: Over EUR 30 billion in transaction volume in 2024

Nordic — Inflation continues to fall in the Nordic countries, financing opportunities have improved significantly for real estate companies and the transaction market has increased by 14 percent in volume so far this year compared to the corresponding period in 2023. Colliers sees a number of different factors that point to a slowly recovering real estate market and predicts that the will really take off in 2025. Nordic CEO Bård Bjølgerud and Head of research John Petersson tell us more about the current situation and forecast the future.
Simon de Château and Fredrik Mässing.

Prisma Properties aiming for IPO

Nordic — Prisma Properties intends to list its shares on Nasdaq Stockholm.
Svenska Handelsfastigheter makes sizeable acquisition from Partners Group.

Partners Group sells a Swedish retail warehouse portfolio to Svenska Handelsfastigheter

Sweden Sweden — Partners Group, acting on behalf of its clients, has entered into an agreement to sell a Swedish retail warehouse portfolio to Svenska Handelsfastigheter for approximately SEK 1.3 billion. The portfolio was held in the Sveafastigheter Fersen and Sveafastigheter Fersen II structures and has been managed by Brunswick Real Estate on behalf of Partners Group since 2015. Closing of the transaction is planned for 30 May 2024.
Christian Fredrixon.

Cibus acquires from Företagsparken

Sweden Sweden — Cibus has signed an acquisition of six grocery anchored assets in Sweden for SEK 87.5 million. The assets are acquired from Företagsparken and the closing of five of the assets takes place immediately and the remaining property is planned to be closed during July later this year.
Nischer applies for delisting.

Nischer applies for delisting – will liquidate the company

Sweden Sweden — Nischer Properties will apply for the delisting of the company's share from Nordic SME. After the delisting, the company's board intends to work for an orderly liquidation of the company's operations.
The property Hästen 21 in Stockholm.

Pembroke signs lease with DLA Piper

Sweden Sweden — DLA Piper will move into the top two floors to an area of 4,400 square meters in Pembroke’s ground-up development.
The property Abildager 24.

M7 signs new lease in Copenhagen

Denmark Denmark — M7 Real Estate secures 10-year lease with KLIFO A/S, fully letting circa 6,500 sqm warehouse near Copenhagen.
Stockholm.

The danger is not over in the Swedish real estate sector

Sweden Sweden — The property companies' earning capacity may be challenged in the future as a result of higher vacancy rates, which would impair the companies' ability to pay their debts. That's what the Financial Supervisory Authority writes in its latest stability report, which they released on Monday. Nordic Property News explains more about the findings and conclusions in the report.

The highest valued property portfolios in the Nordics

Nordic — Nordic Property News presents a list of the highest valued property portfolios among the listed Nordic comanpanies.
Tom Leahy, MSCI.

Positive trend break on the European transaction market

Nordic — MSCI's latest data shows that April was a trend-breaker for transaction volumes in Europe, which for the first time in 21 months saw an increase compared to the corresponding month of the previous year. A sign that some confidence is beginning to return to the market according to Tom Leahy, director at MSCI Research. For Nordic Property News he tells more about the positive development – but also flags that the number of forced sales has increased.

The companies with the highest profits from property management

Nordic — Which companies actually had the industry's highest management result Q1? Nordic Property News has reviewed the listed companies' reports for the first three months of the year.
Wihlborgs acquires from Schroders.

Wihlborgs acquires office property at Hyllie station

Sweden Sweden — Wihlborgs has acquired the Värdshuset 2 property above Hyllie station in Malmö, with a direct connection to Malmö Arena and the Emporia shopping centre. The property, with its smaller office premises, will become an important complement to Wihlborgs’ existing offering in the area.
Leiv Synnes, CEO of SBB.

SBB establishes new JV with Castlelake which signs new loan agreement

Nordic — SBB establishes a new joint venture with Castlelake which signs a loan agreement of approximately SEK 5.7 billion (EUR 508 million).
Mikael Granath.

New assignment for Mikael Granath

Sweden Sweden — Mikael Granath becomes new chairman of the board Bengt Dahlgren Gothenburg.

The Nordic top sellers in Q1

Nordic — Nordic Property News presents a list of the top sellers among the listed Nordic companies in Q1.
The Kv Poolen property in Arenastaden, Stockholm.

Fabege signs new lease in Stockholm

Sweden Sweden — Fabege has signed a lease with Mathworks for just over 1,100 square meters in the Kvarteret Poolen property in Arenastaden. Access is planned for October 2024 and the agreement runs for seven years. The office building is certified according to BREEAM level Excellent.
Research Hub at Tampereen Sähkötalo.

SRV to implement the Research Hub at Tampereen Sähkötalo and to renovate the old building

Finland Finland — SRV and University Properties of Finland Ltd have signed a project management contract for the new Research Hub building to be constructed in the Hervanta campus area of the University of Tampere, at the current Sähkötalo, and for the renovation projects of the linked parts of the building. The total value of the contract for SRV is approximately EUR 47 million. The order will be recognised in SRV’s order backlog in May.
Ivar Tollefsen.

Tollefsen strikes back against the bribery allegations in Heimstaden Bostad

Nordic — Ivar Tollefsen dismisses bribery charges, according to Finwire news citing reports from Bloomberg News.
Oscar Engelbert, founder and former CEO of Oscar Properties.

Oscar Properties appeals the district courts ruling on restructuring

Sweden Sweden — At the beginning of the week Nordic Property News revealed that Oscar Properties had also been rejected on its second restructuring application, while the bankruptcy hearing that was to be held on Monday was canceled pending supplementary documents. Now Nordic Property News can reveal that the company has appealed the decision from the first restructuring application, and here we can tell you more about what Oscar Engelbert and his attorney's write in the appeal.
Taking the role as CEO for Bridge Properties Investments Oy is Janne Nurminen.

Bridge Properties expands with investment leg

Finland Finland — Finnish company Bridge Properties announces the establishment of Bridge Properties Investments Oy, a new addition under the Bridge umbrella.

The Nordic top buyers in Q1

Nordic — After a slow start to the transaction year Nordic Property News presents a list of the top buyers among the listed Nordic companies in Q1.
Sverker Källgården.

Sverker Källgården appointed new CEO of Nivika: "A perfect fit"

Sweden Sweden — Sverker Källgården is back in the limelight as he is announced as new CEO of Nivika. Sverker Källgården tells Nordic Property News why he sees the company as a perfect match for himself, how Nivika will move forward with him as CEO, about having the founder and former CEO Niclas Bergman remain in an operational role in the company and why he thinks the company is well equipped to grow in the current market climate.
Vacse acquires from Skanska.

Vacse acquires in Kalmar

Sweden Sweden — Skanska Sweden is selling Norrliden's new care facilities, with Region Kalmar län as tenant, to Vacse for approximately SEK 150 million. Project planning is ongoing and the intention is that construction can begin next year. Vacse will take over the property in connection with completion at the end of 2026.