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Stefan Dahlbo, CEO of Fabege.

Dahlbo: "Time to prove ourselves after such a disappointing first half of the year"

Sweden Sweden — Fabege continues to report negative net rental in Q2 as well, and in total during the first half of the year the key figure lands at SEK -74 million, far short of the company's annual target of SEK 80 million. Fabege's CEO now believes that it will be difficult to reach that goal, and despite frustration over protracted discussions in the market, he is confident that the net rental will sort itself out during the second half of the year. Here he also comments on the negative impact on Arenabolaget and what effect the upcoming name change and Petter Stordalen may have its future.
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
David Carlsson, Carola Lavén, Sverker Källgården and Bjarke Mikkelsen.

The Nordic top recruitments and appointments in Q2

Nordic — A number of CEO positions and other key-roles within the companies on the Nordic real estate market got filled during the second quarter of 2024. Nordic Property News takes a closer look at the hottest Nordic recruitments in Q2.
GoCo.

Realy Bostad buys Goco building rights

Sweden Sweden — Realy Bostad is carrying out acquisitions in Goco in Mölndal with the ambition to start building 181 homes already this autumn. The seller is Trenum, which is owned by Balder and AP3.
Logian buys properties by the Helsinki-Vantaa Airport.

Logian acquires two logistics properties near the Helsinki-Vantaa Airport

Finland Finland — Logian’s – owned by Keva and Mrec IM – growth strategy continues with the acquisition of two logistics properties in Tuusula from funds managed by OP Real Estate Asset Management. Strategically located 3 km north- east of Helsinki-Vantaa airport and together comprising approximately 32,500 sqm, the properties respond to increasing demand for versatile logistics premises.
The location of DNB's new Swedish HQ will be Hamngatan 15 in Stockholm.

Humlegården leases 8,300 sqm in central Stockholm to DNB

Sweden Sweden — Humlegården rents an entire house at Hamngatan 15 to DNB. In the middle of Stockholm's banking cluster, the company's Swedish headquarters of approximately 8,300 square meters will be established, which will play an important role in DNB's continued expansion.
Jacob Smergel-Krog, CEO of Rubik Properties.

Rubik Properties secures major management mandate

Denmark Denmark — Rubik Properties, a leading asset manager, takes over a significant management mandate as of January 1st 2025 from “Commercial Real Estate Denmark”, whose investor base includes Danish foundations and pension funds.
June was the strongest transaction month since december 2022 according to Colliers.

June strongest transaction month since december 2022

Nordic — June saw the highest volume on the Nordic transaction market since December 2022, according to the latest figures from transaction advisor Colliers. At the same time, the first half of the year has been significantly stronger than the corresponding period in 2023, with a transaction volume of 12.4 billion euros, an increase of 23 percent. Nordic Property News provides more details about the Nordic market's first half of the year.
Lisen Heijbel.

The trends that could put upward pressure on logistics rents

Nordic — Savills IM has made a new divestment from the Nordic Logistics Club Deal Fund. After the sale to Swiss Life AM, Lisen Heijbel, Head of Investment, Nordics at Savills IM, tells Nordic Property News about the state of the transaction market for logistics, where Savills IM wants to make new acquisitions and how she sees the Nordic logistics markets developing in the future.
The portfolio includes three properties: two in central Helsinki and one in Pori, Finland.

Niam makes strategic entry into Finnish healthcare sector

Finland Finland — Niam has successfully acquired a portfolio of three healthcare and hospital properties in Finland, totalling 18,000 square metres. The portfolio comprises two properties located in central Helsinki (Bulevardi 22 and Saukonpaadenranta 2) and one in the heart of Pori (Itsenäisyydenkatu 33). The seller is the EQ Community Properties Fund.
Hus 43 Gamla & Nya Magasinet.

Atrium Ljungberg conducts large letting to Menigo in Slakthusområdet

Sweden Sweden — Atrium Ljungberg has signed a lease contract with Menigo in Hus 43 Gamla & Nya Magasinet in Slakthusområdet. The lease covers approximately 3,800 sqm, and the newly built premises will house not only the new head office but also Restaurangakademien (the Restaurant Academy). Occupancy will take place in 2027 after the new building is completed.
Oscar Properties.

Oscar Properties appeals reconstruction ruling to the Supreme Court

Sweden Sweden — On May 20, Oscar Properties appealed the district court's decision to deny the company reconstruction, and now the Svea Court of Appeal has made its assessment on the matter – the decision is to reject the company's appeal, as can be seen from a document from the Court of Appeal that Nordic Property News has seen. Oscar Properties confirm that they are appealing the decision to the Supreme Court.
Sofia Ljungdahl, CEO of Obos Nya Hem.

Sofia Ljungdahl: "We have to build more flexibly"

Nordic — How has the Sweden venture gone for Norwegian Obos so far? Is the team in place and the direction set? Nordic Property News has met Sofia Ljungdahl, CEO of Obo's Nya Hem, and talked about everything from building right portfolios to football.
Nuveen Real Estate has acquired a newly constructed logistics asset in Horsens.

Nuveen makes logistics acquisition in Horsens

Denmark Denmark — Nuveen Real Estate expands European logistics platform with first core plus acquisition in Denmark.
The office property Mentorn 1 in Stockholm.

Major office property transaction in Stockholm – Folksam's KPA Pension buys from AMF Fastigheter

Sweden Sweden — KPA Pension, which is part of the Folksamgruppen, has acquired the Mentorn 1 property in central Stockholm for SEK 3 billion (EUR 259 million), which makes it this year's largest deal so far on the Swedish market. The property has an attractive location close to Central Station and the seller is AMF Fastigheter.
JM sells in Uppsala.

JM sells rental property in Uppsala

Sweden Sweden — JM has signed an agreement with Hemvist for the sale of a rental property located in Bäcklösa, Uppsala. The transaction amounts to SEK 348 million (EUR 30 million).
Olof Andersson.

Trianon makes large residential acquisition: "Population growth and very good communications to Malmö"

Sweden Sweden — Trianon continues to do great business. After last week selling its share in Rosengård centrum, it is now buying a large housing stock in southern Skåne. CEO Olof Andersson tells Nordic Property News about the deals with Stjernplan and Hemmaplan, how they want to develop their housing portfolio and about the goals to reach during the second half of 2024.
One of the properties from the ‘Aktiivihallit Ky’ portfolio that Nrep sells to Blackstone and Joonas Lemström, Head of Finland at Nrep.

After the Blackstone divestment – here are Nrep's plans for the Finnish logistics segment

Finland Finland — Nrep announced a major divestment and sold a logistics portfolio in Finland to funds managed by Blackstone for EUR 135 million. Joonas Lemström, Head of Finland at Nrep, tells Nordic Property News about the plans for the logistics segments following the divestment, which locations they consider attractive for new investment and how they see the segment developing going forward.
Colliers office at Tjuvholmen in Oslo.

Colliers appoints valuation team to its Norway business

Norway Norway — Colliers Nordics is expanding the services offered to their clients with the recruitment of five highly experienced individuals that together constitute a top tier team. They are joining Colliers from Cushman and Wakefield Realkapital where they operated for ten years.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter buys building rights in Malmö

Sweden Sweden — K-Fastigheter has acquired a building right in Malmö. On the property K-Fastigheter intends to build close to 160 rental apartments. The acquisition is made from Ikano Bostad and regards all the shares in the company that owns the property Skjutskontoret 3. A legally binding zoning plan is in place.
Veidekke to turn offices to student bedsits in Oslo.

Veidekke gets new assignment in Oslo

Norway Norway — The Anker Foundation has commissioned Veidekke to rehabilitate and rebuild an apartment building in Oslo centre from offices to almost to 100 student bedsits with common rooms. The commission is a design and build contract with a value of NOK 163 million, excluding VAT.
There are major vacancies in Oscar Properties' portfolio.

Major vacancies in Oscar Properties' portfolio

Sweden Sweden — Oscar Properties' vulnerable situation becomes even more apparent after the much-delayed Q1 report was released late on Friday evening last week. In addition to the fact that the company is in a very critical financial situation for its continued operations, since the end of the last financial year the company's accounting principles have been changed to no longer assume continued operations but a liquidation of the operations. And a look at the extensive vacancies in the portfolio shows that the company is missing out on many millions in rental income. CEO Richard Bagge comments on the situation for Nordic Property News.
Johanna Frelin, CEO of Riksbyggen.

Strategy change for Riksbyggen: "We will now build up a larger property portfolio again"

Sweden Sweden — With the Unobo deal in the books, Riksbyggen takes aim toward increasing its property portfolio. CEO Johanna Frelin tells Nordic Property News about the change in strategy, entering new urban development projects and how she sees the housing construction market developing in Sweden.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter sells to JV with Kilenkrysset

Sweden Sweden — K-Fastigheter deepens its cooperation with Kilenkrysset trough two transactions in the Mälardalen region regarding housing properties in Nyköping and an industry property in Strängnäs.
Mia Forsgren.

Diös announces changes to Executive Management group

Sweden Sweden — After almost nine years in the company, Diös Head of Communications & Digitization, Mia Forsgren, will leave the company to take on new challenges. She started as Head of Communications at Diös with the task of strengthening the company's brand. In addition to the communications assignment, she is responsible for Diös’ digital development and a member of the Executive Management group. Mia Forsgren will leave in the fall of 2024.
Savills IM sells logistics property in Gothenburg.

Savills IM sells to Swiss Life

Sweden Sweden — Savills IM sells fully leased logistics and terminal building comprising 25,700 square meters of lettable area to Swiss Life Asset Managers.