Logistea's CEO Niklas Zuckerman. The image is a montage.

Logistea strengthens the team: "We want to grow the company"

Nordic — Logistea continues to strengthen its team through the recruitment of Jonas Kennerhed and Björn Aronsson. After the new additions have been finalized, CEO Niklas Zuckerman tells Nordic Property News what they will both bring to Logistea, about the need for recruitment after the merger with KMC Properties and whether further reinforcements may be needed.
Lumme Palvelukiinteistöt acquires a care property portfolio from Hoivarakentajat.

Alma company acquires care property portfolio

Finland Finland — Lumme Palvelukiinteistöt acquires a care property portfolio from Hoivarakentajat.
Public in Copenhagen.

Genesta signs new lease in the office building Public

Denmark Denmark — Genesta has signed a lease agreement with the audit and consulting company Powered By for space in its office building Public, located in Ørestad, Copenhagen. The new tenant occupies 664 square meters on the 18th floor in the tower of the office building.
Theodor Jarnhammar.

Theodor Jarnhammar named acting CEO of Catella Corporate Finance Sweden

Sweden Sweden — Catella has decided to appoint Theodor Jarnhammar as acting CEO of Catella Corporate Finance Sweden. He thereby replaces Daniel Gorosch, who has been appointed acting CEO and CEO of Catella Group during the time that the recruitment of a new CEO is underway.
Storsala's CEO Orlando Villacrez.

How Storsala wants to grow with partnerships: "Great value"

Sweden Sweden — Storsala takes the next step and increases the portfolio with building rights in the Sundbyberg district of Ursvik - in an acquisition made in collaboration with Niam and Derome. Storsala's CEO Orlando Villacrez tells Nordic Property News about the deal, the possibility of new business together with partners in future projects, how he sees the portfolio after the acquisition and where they want to grow in the future.
Erik Lennhammar.

After the sale of Trekanten – Citycon ready for more divestments

Norway Norway — Citycon divests the center Trekanten in Oslo and feels that the market is starting to come back. After the latest divestment, COO Erik Lennhammar talks about the process and the work with future divestmenst.
Christoffer Abramson.

Catella’s CEO Christoffer Abramson leaves the company

Nordic — Following 3.5 years as CEO and President of Catella, Christoffer Abramson and the Board have agreed that he shall resign from his position. The Board will now initiate the recruitment of a new permanent CEO and President, and has in the meantime appointed Daniel Gorosch, currently CEO of Catella Corporate Finance Sweden, as acting CEO and President commencing immediately.
Fredrik Sjudin and Ulrika Danielsson.

Platzer's CFO steps down

Sweden Sweden — Fredrik Sjudin has chosen to end his employment as CFO at Platzer Fastigheter. Ulrika Danielsson takes up the role of acting CFO as of September 11.
NCC to refurbish in Taastrup.

NCC to refurbish 184 rental apartments in Taastrup

Denmark Denmark — NCC will refurbish 184 rental apartments for KAB and the housing company AKB Taastrup in the Taastrupgaard residential district east of Copenhagen. The assignment is the first phase of a comprehensive refurbishment plan for the district.
Martin Johanson, Catella's CIO and CAIO, has long wanted to put the investment process in the hands of an AI tool.

How Catella will gain the upper hand through AI: "We want to shake up the industry"

Nordic — For almost two years, Martin Johanson, CIO and CAIO at Catella, and the team have worked on developing an AI tool that will shake up the otherwise conservative real estate industry. “We think it will hit pretty hard when the traditional well-ironed shirt meets the one who has the upper hand in information.”

They have the highest LTVs in the Nordics

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies had by Q2 2024.
Pulsen and RO-Gruppen acquire from Wästbygg.

Pulsen and RO-Gruppen buy in Borås

Sweden Sweden — Pulsen Fastigheter and RO-Gruppen invest in the acquisition of properties in central Borås from Wästbygg.
Mika Toivonen.

Mika Toivonen appointed Chief Procurement Officer at YIT

Finland Finland — Mika Toivonen has been appointed YIT’s Chief Procurement Officer as of 10 September 2024. He has worked at YIT since 1991 and most recently served as Vice President, Procurement of YIT's Housing segment.
A Place To.

Marriott enters new city in Denmark with Core Hospitality

Denmark Denmark — Element by Westin, part of Marriott Bonvoy’s portfolio of hotel brands, makes its debut in Denmark with its first opening in Esbjerg. Core Hospitality has confirmed that the hotel A Place To will be rebranded to become Element by Westin Esbjerg at the beginning of 2025.
Rickard Dahlberg.

Nrep co-founder launches new real estate company – here is where they want to invest

Nordic — Nrep co-founder Rickard Dahlberg is back with a new venture. In the newly started company South Bay, the focus will be on investments in the company in the early stages and on real estate. Rickard Dahlberg told Nordic Property News about the new company, the team he has started to build, which investments they want to make and where.

The Nordic companies with the lowest ICRs

Nordic — Nordic Property News presents a list over the Nordic listed companies with the lowest Interest Coverage Ratios by Q2 2024.
Trekanten in Oslo.

Citycon divests Trekanten in Oslo

Norway Norway — Citycon has signed an agreement to divest Trekanten in Oslo for a gross purchase price of NOK 1,325 million (approx. EUR 112 million). The price is in line with the latest IFRS fair value of the asset, excluding the value of existing building rights. The transaction is estimated to close by the end of September.
Swiss Life AM buys in Varberg.

Swiss Life AM buys logistics property in Varberg

Sweden Sweden — Järngrinden AB and Ekebeck AB sell the property Ärilen 1 on Holmagärde in Varberg, to a fund managed by Swiss Life Asset Managers Nordic. The property includes a 30,265 square meter logistics building that is currently under construction and will house Apotea's new logistics center.
Ursvik in Stockholm.

Storsala acquires building rights in Stockholm together with Niam and Derome

Sweden Sweden — Storsala has, in collaboration with Niam and Derome, acquired building rights for housing in the Ursvik district in Sundbyberg municipality. The plan is to develop 11,000 square meters spread over 227 rental apartments. The building will be built in wood and will be environmentally certified with the aim of achieving at least Miljöbyggnad Silver.
Mads Skaarup.

CBRE Capital Markets recruits profile: "Hope to strengthen the market position"

Denmark Denmark — CBRE is strengthening its department for real estate transactions and financing. CBRE Capital Markets has thus engaged Mads Skaarup, a widely recognised real estate professional with extensive transaction and financing experience. Skaarup tells Nordic Property News about his new job, and the challenges on the Danish property market.
Tommy Åstrand.

SLP brings in EUR 100 million for new acquisition – here is what they are looking for

Sweden Sweden — SLP gets addition of capital for new acquisitions. After the new share issue, CEO Tommy Åstrand tells Nordic Property News where and what type of properties the capital should be invested in.
Winner Amanda Tevell (middle) with finalists Lovisa Sörensson (left) and Matilda Olsson (right).

Amanda Tevell wins the Young Swedish Woman in Real Estate Award

Sweden Sweden — Amanda Tevell, CEO of Hifab Advisory and Deputy CEO of Hifab Group, has won the prestigious award Årets Unga Fastighetskvinna 2024 (Young Swedish Woman in Real Estate of the Year). She brought home the win in fierce competition with finalists Matilda Olsson, CFO of SLP, and Lovisa Sörensson, Head of Transactions at Sveafastigheter.
ABG Fastena acquires a property in Kristianstad.

ABG Fastena buys from Catena

Sweden Sweden — ABG Fastena adds to its warehouses and light industrial portfolio through the acquisition of the property Arnulf Överland 1 in Kristianstad from Catena.
Solna United.

Nigab's HQ to Solna United

Sweden Sweden — Nigab leases approximately 600 sqm in Solna United and moves its headquarters.
Jesper Warén in front of one of the acquired properties in Västerås. The image is a montage.

Areim's targets for the hot segment

Sweden Sweden — Areim takes the next step within the hot warehouse and light industrial segment. Through the portfolio acquisition from Castellum, Areim enters the Västerås market and thus takes its first steps outside the metropolitan regions. Jesper Warén, Head of Light Industrial Investments at Areim, tells Nordic Property News about the new milestone, how they want to grow in Västerås, potential expansion into more new regional city markets and about long-term goals for warehouse and the light industrial portfolio.