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Fredrik Ronvall in front of the property AMF Fastigheter buys from Balder. The image is a montage.

After the major purchase from Balder – AMF Fastigheter ready for more acquisitions

Sweden Sweden — After double major sales, AMF Fastigheter strikes with a billion-dollar acquisition in Stockholm when it buys Göta ark on Södermalm from Balder. AMF Fastigheter's transaction manager Fredrik Ronvall tells Nordic Property News about the plans for the acquired property, how they want to continue growing and where they are looking for new acquisitions, as well as the possibilities for expansion outside of Stockholm.
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
Johan Knaust, CEO of K2A.

"It's been an eventful year so far"

Sweden Sweden — K2A Knaust & Andersson Fastigheter published its interim report for January-September 2024 on Wednesday afternoon. Nordic Property News has interviewed CEO Johan Knaust about what looks like a turnaround for the company: "We look positively at the future."
Nordisk Renting buys properties in Flen (image) and Västerås from SBB.

SBB divests elderly care properties to Nordisk Renting

Sweden Sweden — SBB has entered into an agreement to divest the properties Västerås Sågklingan 6 and Flen Vävskeden 21 to Nordisk Renting.
Balder sells Göta ark in Stockholm to AMF Fastigheter.

Balder divests site leasehold right in Stockholm to AMF Fastigheter

Sweden Sweden — As of 21 November, Fastighets AB Balder has divested the site leasehold right Göta Ark 18 at Medborgarplatsen in Stockholm to AMF Fastigheter. The transaction is based on a site leasehold right value of SEK 1 billion (EUR 86 million) and AMF Fastigheter will take possession in the beginning of January.
The new waterworks in Trollhättan.

Peab builds Trollhättan's new waterworks

Sweden Sweden — Peab has been commissioned to build Överby waterworks in Trollhättan. The customer is Trollhättan Energi AB and the contract is worth SEK 580 million (EUR 50 million).
Lars Axelsson, CEO of Evolv.

"The yield spread between logistics and light industrial has been far too wide"

Nordic — Slättö, through the logistics and industrial team Evolv, has made its first acquisitions in light industrial in the newly established fund Slättö Value Add III. Lars Axelsson, CEO of Evolv, tells Nordic Property News about the inaugural acquisitions and how they want to continue growing, as well as how he sees the future for and the competition within the light industrial segment.
John Sjölund, CFO Alm Equity.

ALM Equity: "Can't wait for a hot market"

Sweden Sweden — ALM Equity has published its interim report for the period January-September 2024. The presentation was made by ALM Equity's CFO John Sjölund, who, among other things, talked about how the company is now increasingly forward-looking: "You can't wait until you have a hot market, because then the train has already left."
Karin Zakariasson.

Colliers appoints Karin Zakariasson as Head of Valuation & Advisory Services in Sweden

Sweden Sweden — Colliers appoints Karin Zakariasson as Head of Valuation & Advisory Services in Sweden. She will lead the strategic growth of Colliers' valuation business, overseeing key initiatives to strengthen the company’s position in the Swedish market and expand its service offerings.
Mølladammen Næringspark.

Stendörren acquires a light industrial property in the Oslo region

Norway Norway — Stendörren Fastigheter has acquired Mølladammen Næringspark, a light industrial property in Bærum municipality, from a private seller.

Stora Enso divests Sunila site to AALTO Development

Finland Finland — Stora Enso has signed an agreement to divest its real estate of the Sunila site in Kotka, Finland, to AALTO Development Oy. AALTO Development is a Finnish, privately-owned property development company focusing on high-quality architecture and urban planning.
Magnus Andersson, CEO of Besqab.

"Will make divestments"

Sweden Sweden — Besqab's interim report for January to September 2024 shows a stable third quarter. Sales, turnover and profit are, compared both with the previous quarter and with the corresponding quarter last year, better. "We have a stable quarter where we deliver according to the business plan we communicated earlier this year", says Magnus Andersson.
The architect sketches from Wingårdhs of how Frölunda Torg could be developed if the plans get the green light.

Real estate company plans to expand mall into 950 residential units

Sweden Sweden — 950 homes may be discussed at the Gothenburg City Planning Committee's meeting this week. It is Skandia Fastigheter that can let their mall Frölunda Torg swell and merge with new housing.
Citycon divests the shopping center Kristiine in Tallinn.

Citycon divest shopping center in Tallinn for EUR 129 million

Finland Finland — Citycon divests Kristiine keskus shopping center in Estonia reaching EUR 334 million in divestments year to date.
Strawberry to open the largest airport hotel in the Nordics at Arlanda airport in Stockholm.

Strawberry wins contract to open largest airport hotel in the Nordics

Sweden Sweden — With its 656 hotel rooms, congress hall, restaurants and bars, Strawberry's new hotel at Arlanda will be Stockholm's largest hotel and the Nordic region's largest airport hotel. The property owner is Swedavia Real Estate. The hotel will open in the first quarter of 2029.
Ilija Batljan and André Gaden.

PPI signs new lease in Kristiansand

Norway Norway — Public Property Invest signs a new ten-year lease contract with the Norwegian Labour and Welfare administration (NAV) in Kristiansand.
Anthony Romano.

"Our intention will be to double the portfolio in size"

Denmark Denmark — Brunswick and Pictet's joint last mile company Lindu is relaunched with a large portfolio acquisition in Greater Copenhagen. Anthony Romano, Partner and Country Head Denmark at Brunswick, tells Nordic Property News about why they choose to relaunch, the partnership with Pictet, the targets for the new edition and where they look for new acquisition opportunities.
Erik Selin, CEO of Balder.

Erik Selin on the new establishment: "Gothenburg will rise again"

Nordic — Hyatt Place Gothenburg Central will open in early spring 2025 at Gothenburg Central Station. The property owner is Balder, who acquired the hotel property in 2024, and Nordic Property News naturally wants to know what the company's CEO, Erik Selin, thinks about the establishment and the hotel market in general.
Liia Nõu, CEO of Pandox.

Pandox acquires hotel property in Tromsø

Norway Norway — Pandox has entered into an agreement to acquire Radisson Blu Hotel Tromsø in Norway for EUR 64 million.
Ali Ali.

Neobo appoints Ali Ali as Head of Transactions

Sweden Sweden — Neobo Fastigheter has recruited Ali Ali as Head of Transactions. He will join the company in February 2025.
The property is located at Paciuksenkatu 27 in Helsinki, Finland.

Schroders Capital partners to develop modern homes for elderly and disabled residents

Finland Finland — Schroders Capital’s real estate team today announces a significant lease agreement with local healthcare provider Mehiläinen Group. This collaboration will transform an office building, held by Schroders Nordic Real Estate Fund (SNREF), into a modern home catering to high-quality living for elderly residents.
Theodor Jarnhammar, Stefan Dahlbo, Anneli Jansson, Sven-Olof Johansson and Joacim Sjöberg.

The foreign investors' misjudgments of the Swedish market: "It's laughable"

Sweden Sweden — The highly debated Swedish transaction market has been healthy all the way through the last years – despite the slowdown – and foreign buyers have misjudged the whole situation. This is the opinion of the renowned panel – consisting of Stefan Dahlbo, Anneli Jansson, Sven-Olof Johansson, Joacim Sjöberg and Theodor Jarnhammar – who discussed the issue during the event Stora Kontorsdagen and who see signs of increased activity in the future.

Bank invests in K2A

Sweden Sweden — Buys shares in K2A – becomes sixth largest owner in the company.
Olav Thon.

Olav Thon has passed away

Norway Norway — The Norwegian property magnate Olav Thon has passed away at 101 years of age.
Citycon appoints new CEO.

Citycon appoints new CEO and makes changes in the Corporate Management Committee

Nordic — Citycon appoints Oleg Zaslavsky as new CEO. At the same time Citycon makes changes in its Corporate Management Committee with Eero Sihvonen appointed as new CFO and Sakari Järvelä and Jussi Vyyryläinen departing the company. Citycon has also decided to suspend dividend in 2025.
Pictet Alternative Advisors and Brunswick relaunch Lindu with acquisition of 75,000 sqm last mile logistic portfolio in Greater Copenhagen.

Pictet and Brunswick relaunch Lindu with acquisition of 75,000 sqm last mile logistic portfolio

Denmark Denmark — Pictet Alternative Advisors, an independent unit within the Pictet Group, and Brunswick Real Estate relaunch Lindu with the acquisition of a 75,000 sqm last mile logistic portfolio. The portfolio consists of eight strategically located properties in key micro locations within Greater Copenhagen.