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Merger between Logistea and KMC Properties

Nordic — Logistea and KMC Properties have entered into an agreement whereby Logistea will combine with KMC Properties by acquiring all of the operations in the KMC Properties group through payment in newly issued shares.
Jouko Lehtonen.

"There is a growing interest from non-Nordic investors"

Nordic — CBRE strengthens its Industrial & Logistics team and promotes Jouko Lehtonen to Head of Industrial & Logistics, Advisory, Nordics. He tells Nordic Property News about the change and his new role, the goals for the business area, the interest from non-Nordic investors look like for Nordic logistics and how he sees the Nordic logistics market developing in the future.
Premico and Fira have agreed on the construction of a rental apartment building in Postipuisto, Helsinki.

Premico and Fira agree on construction of a rental apartment building in Postipuisto

Finland Finland — Premico Residential Fund III and construction service company Fira have agreed on the construction of a high-quality non-subsidised rental apartment building in Postipuisto, Helsinki. Fira will execute the As Oy Helsingin Postinkulku project on a turnkey basis as a design-build contract.
Frida Tosterud Grov.

Frida Tosterud Grov promoted as Head of Capital Markets Norway at Colliers

Norway Norway — Frida Tosterud Grov has been promoted to the position as Head of Capital Markets Norway at Colliers.
Peter Wallin, CEO Bonava.

Peter Wallin on Bonava's investment in Germany: "Germans are more forward-thinking"

Sweden Sweden — Bonava is, as we learned last week, starting production of around 180 homes in Germany. It is the regions of Berlin, Rhine-Main, North Rhine-Westphalia and Saxony that will be the stage for the current production starts, which are expected to be completed in 2025 and 2026. Nordic Property News has spoken to CEO Peter Wallin, who tells us more about the German investment.
Within a day, Skanska sold a rental housing project in Denmark and an office building in Poland for a total of approximately SEK two billion.

How Skanska continues to work with divestments after major double sale

Nordic — Skanska's Commercial Real Estate Development had a busy 24 hours earlier this week when they closed two major sales for a total of approximately SEK 2 billion. After the sales in Poland and Denmark, Claes Larsson, Executive Vice President and responsible for commercial development at Skanska, tells Nordic Property News more about how the divestments came about and how the company continues to work on the transaction market.
Nowy Rynek.

Skanska sells to Eastnine

Sweden Sweden — Skanska has divested the E building of the office project Nowy Rynek in Poznan, Poland, for about EUR 79 million to Eastnine.
Jouko Lehtonen.

Jouko Lehtonen takes step up within CBRE

Nordic — CBRE announces wew Senior Industrial & Logistics Role in the Nordics.

The companies that increased their rental income the most during Q1

Nordic — Nordic Property News has taken a look at the listed property companies' reports for Q1 2024 to see which of them report the largest increase in net rental income compared to 2023.
Castellum signs new leases on Torsgatan in Stockholm.

Castellum signs new leases in central Stockholm

Sweden Sweden — Three new companies lett space in Castellum's building on Torsgatan in central Stockholm.
Christina Heikel, urban development manager at the West Swedish Chamber of Commerce. In the background the illustration of Framtidens Backaplan in Gothenburg, which when completed in 2040 will contribute 9,000 homes.

The fastest growing city in Sweden: "Housing is the weak link"

Sweden Sweden — Yesterday, Tuesday, the Swedish statistical authority SCB published new figures for their forecast for how much the cities will grow in population in the coming five years. At the top is Gothenburg, which will grow by over 16,000 inhabitants. For the capital Stockholm, that number is only 10,000. But being the city that will grow the most also places greater demands on the municipality, says Christina Heikel, who is responsible for urban development at the West Swedish Chamber of Commerce.
Catella acquires in Leipzig.

Catella’s pan-European Fund CER III Acquires Student Housing Property in Leipzig

Sweden Sweden — Catella European Residential III Fund (CER III) has acquired a 177-unit fully rented student housing development in Leipzig, in the eastern German state of Saxony for around EUR 23 million from the Family Office Drengenberg. This latest investment takes CER III’s total assets under management to EUR 800 million. The Fund is managed by Berlin-based Catella Residential Investment Management (CRIM).
Skanska sells to Nrep.

Skanska divests rental residential project to Nrep

Denmark Denmark — Skanska has divested the multi-family rental project Hørkær Have in Herlev, Denmark, for DKK 737 million to Nrep.
Peter Saxby, CEO of Aeonic.

Aeonic's growth plans after the acquisition from Bonava

Sweden Sweden — Through an acquisition from Bonava, the upstart Aeonic takes a big step towards its goal of creating its own long-term housing portfolio. The company's CEO and co-founder Peter Saxby tells Nordic Property News about the new acquisition, about the business model with a focus on refinement, about the long-term goal of 10,000 homes and how to get there.
Stockholm.

Logistri buys in Stockholm

Sweden Sweden — Logistri announces that the company has completed a sale-and-leaseback acquisition of the property Järfälla Jakobsberg 18:27. The property is fully let to Top Ent AB with a ten-year lease. The seller is Top Ent's parent company.
Värdshuset 2.

Wihlborgs acquires office property from Schroders Capital

Sweden Sweden — Schroders Capital’s real estate team today announces the sale of Värdshuset 2, an iconic 3,900 sqm office property located on top of Hyllie train station in Malmö, to Wihlborgs.
World Seafood Center in Oslo.

Slate acquires the World Seafood Center from Oslo Airport City

Norway Norway — Slate has acquired the World Seafood Center, a state-of-the-art, new build seafood refrigeration and distribution facility, located in one of the most prominent and well-connected logistics hubs in Norway, from Oslo Airport City (OAC) for NOK 1.34 billion (EUR 117 million).
Michael Moschewitz, CEO of Genova Property Group.

Genova sells to new JV with Nrep

Sweden Sweden — Genova partially divests two properties in Norrtälje at an underlying property value of approximately SEK 1.3 billion (EUR 116 million) to a newly formed joint venture in which Genova is a half-owner together with Nrep.
Marie Persson, CEO of Volito.

Volito expands to new city

Sweden Sweden — Volito Fastigheter is acquiring the property Gustavshem 2 in Västerbro in Lund from Riksbyggen. Volito, which was previously strictly Malmö-based, is thus expanding its operations to Lund. CEO Marie Persson tells Nordic Property News about the purchase – and the company's growth journey.
David Carlsson.

"It will be an evolution – not a revolution"

Sweden Sweden — Diös will have a new CEO after the turn of the year. David Carlsson most recently comes from the Balticgruppen as CEO, but has also been, among other things, regional director at Akademiska Hus. To Nordic Property News he shares the joy of taking on a company like Diös in these times when northern Sweden is growing with a very large potential going forward.
May was the strongest transaction month so far this year in the Nordics.

May was the strongest transaction month so far this year

Nordic — The latest figures from the transaction advisor Colliers show that May was the strongest transaction month in the Nordic market so far this year with a total volume of just over 2.5 billion euros. The Swedish market accounted for over 40 percent of the volume.
David Carlsson.

David Carlsson appointed new CEO of Diös

Sweden Sweden — The Board of Directors at Diös Fastigheter has appointed David Carlsson as the new CEO and President. He will start in the position on January 1, 2025. Current CEO Knut Rost will continue in his role until David Carlsson takes over.
Rutger Arnhult, CEO of Corem.

Corem divests in Kalmar and Västerås

Sweden Sweden — Corem divest properties in Västerås and Kalmar for SEK 107 million (EUR 9.5 million).
Alma and Byggvest divest three properties.

Alma and Byggvesta sells to Väsbyhem

Sweden Sweden — Alma Property Partners and Byggvesta have sold the commercial properties Vilunda 6:80, Vilunda 6:81 and Vilunda 6:82 in the Optimus area in central Upplands Väsby to Väsbyhem. The transaction was made at a property value of SEK 340 million (EUR 30 million). As part of the deal, Alma and Byggvesta will also sell commercial building rights corresponding to approx. 4,800 sqm to Väsbyhem when the ongoing change in zoning for Optimus gains legal force.
Thomas Holm, CEO of Svenska Handelsfastigheter.

Svenska Handelsfastigheter's CEO Thomas Holm on the major deal from Partners Group

Sweden Sweden — In the last days of May, Svenska Handelsfastigheter completed the major acquisition from Brunswick, the third largest deal the company has ever completed. CEO Thomas Holm tells Nordic Property News about the fast negotiations, the potential of the new stock and why the building rights can rest indefinitely.