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The Nordic top sellers in Q1

Nordic — Nordic Property News presents a list of the top sellers among the listed Nordic companies in Q1.
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
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.
Frentab Fastigheter sells properties in Arninge, Stockholm.

Frentab Fastigheter sells in Stockholm

Sweden Sweden — Frentab Fastigheter is selling two properties in Arninge, in northern Stockholm.
Jacob Karlsson, CEO of K-Fastigheter.

Jacob Karlsson on Gothenburg growth and divestments in Denmark

Sweden Sweden — K-Fastigheter's CEO Jacob Karlsson sees the Gothenburg market as the most important for the company in the coming years. For Nordic Property News he explains why the company wants to focus on the country's second largest city, how to grow and why now is a golden opportunity to sell assets in Denmark.

The companies with the highest occupancy rates

Nordic — Nordic Property News presents a list of the current occupancy rates among the listed Nordic real estate companies.
Johan Eklund.

Svenska Handelsfastigheter recruits from NP3

Sweden Sweden — Svenska Handelsfastigheter strengthens the organization by recruiting Johan Eklund as regional manager North.
The property Druvan 6 in Stockholm.

Folksam signs new lease in central Stockholm

Sweden Sweden — Folksam Fastigheter has signed a new lease agreement with Relex Solutions for 1,107 square meters of office space in the property Duvan 6 in central Stockholm, and occupancy will take place in February 2025. The property Duvan 6 is located at Klara Södra Kyrkogata 1, near Central Station and is owned by KPA Pension, which is part of Folksamgruppen.
Stockholm.

IWG opens new workspace in Stockholm

Sweden Sweden — IWG is opening a so-called Regus center at the address Hagsätra Torg 13. The center will contain coworking spaces, private offices, meeting rooms and creative spaces. The opening follows a partnership agreement with building owner Ikano Bostad, which has invested in the IWG platform.

The companies with the lowest ICRs

Nordic — Nordic Property News presents a list over the Nordic listed companies with the lowest Interest Coverage Ratios by Q1 2024.
Oscar Properties.

Oscar Properties denied corporate restructuring again

Sweden Sweden — On Monday a bankruptcy hearing was held regarding Oscar Properties and the district court informs Nordic Property News that no decision on bankruptcy was made. However, Nordic Property News can reveal that the company's second application for corporate restructuring has been rejected by the district court, on similar grounds as the first application.
Denmark.

KKR to acquire purpose-built student accommodation assets in Denmark

Denmark Denmark — KKR announces the acquisition of high- quality, Purpose-Built Student Accommodation (PBSA) assets in Greater Copenhagen from TPG Angelo Gordon.
NCC builds in Denmark.

NCC to refurbish 400 apartments in Ringsted

Denmark Denmark — NCC has been commissioned by Ringsted Almene Boligselskab and DAB to renovate eight residential blocks with a total of 400 apartments in the Sönderpark residential area in the Danish city of Ringsted.
The property Litografen 8 in Eskilstuna.

SLP takes ownership of logistics property in Eskilstuna

Sweden Sweden — SLP announced in April that it had signed an agreement to acquire the property Litografen 8 in Eskilstuna, which, including building rights, has a total area of approximately 59,000 square meters. The transaction was conditional on the Swedish Strategic Products Inspectorate having made a decision to approve or leave the investment made through the acquisition without action, which is now complete.

The highest LTVs in the Nordics

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies had by Q1 2024.
The latest Nordic divestment by Tritax Eurobox was a property located by the port of Gothenburg.

Tritax Eurobox's view on the Nordics after the new divestment

Nordic — Tritax Eurobox continues its divestment program and sells another property in Sweden. After selling two of its four Swedish assets within six months, Alina Iorgulescu, Investment Director at Tritax Eurobox, tells Nordic Property News how the company sees the Nordic markets going forward.
Oscar Properties.

Oscar Properties submits new application for corporate restructuring

Sweden Sweden — Oscar Properties submits a new application for corporate restructuring because the previous application was rejected.
Elias Georgiadis, CEO of Stenhus.

Stenhus divests properties through three separate transactions

Sweden Sweden — Stenhus Fastigheter has entered into an agreement for the sale of six properties and sold and resigned one property, indirectly through a number of company transactions. The total underlying property value is SEK 172 million.
Nivika makes acquisitions in Ulricehamn.

Nivika acquires two commercial properties in Ulricehamn

Sweden Sweden — Nivika has acquired two commercial properties, with light industry, in Ulricehamn with a total of 7,300 square meters of lettable space.