P-G Persson.

New Swedish real estate company launched: "Good timing with the market starting to turn"

Sweden Sweden — P-G Persson is back with the new Gothenburg-based real estate company Safjället Fastigheter, which he starts together with Backahill, Bygg-Göta, Lesley Invest and Bevaclean. He told Nordic Property News about the structure of the company and the constellation of owners behind it, where and what type of properties they want to acquire, and about the long-term goals for the company.
Magnus Andersson, CEO of Besqab.

The strategy for the "new" Besqab

Sweden Sweden — The first signs of the merger of Aros Bostad and Besqab into a single company are starting to show. At Thursday's presentation of the quarterly report, CEO Magnus Andersson offered both market analysis and their strategy to become a leading housing developer in Stockholm and Uppsala.
Catella’s pan-European Fund CER III acquires Portfolio of 243 Residential Units in Finland’s ‘Golden Residential Triangle’.

Catella’s pan-European Fund CER III acquires portfolio in Finland’s ‘Golden Residential Triangle’

Finland Finland — The Catella European Residential III Fund (CER III) has, in cooperation with Catella Asset Management Oy, acquired a portfolio of 243 new-build apartments, six commercial units and 122 parking spaces in the Finnish cities of Helsinki, Tampere, Turku and Vantaa, for approximately EUR 50 million from Oivat Kaupunkikodit Ky, a fund managed by EQ Asset Management Ltd.
Copenhagen.

Thylander brings in new Partner

Denmark Denmark — Carl-Johan Collet joins Thylander as new Partner focusing on the strategic investment and asset management services for third party capital.
Lansa makes acquisition in Lund from K2A.

Lansa buys from K2A

Sweden Sweden — Lansa Fastigheter expands its property portfolio in Lund by acquiring a property with 98 homes from K2A.
Christian Fladeland, Co-CEO of Heimstaden AB and Ivar Tollefsen, chairman of Heimstaden AB and Fredensborg AS.

Heimstaden execs hits back against "misconceptions" about the company

Nordic — Ivar Tollefsen, Chairman of Heimstaden AB and Fredensborg AS, and Christian Fladeland, Co-CEO of Heimstaden AB, were guests during the advisor Colliers' latest Nordic real estate webinar on Tuesday. There, they hit back against what they feel are incorrect descriptions of Heimstaden and Heimstaden Bostad in the media and also explained the group's most important strategies going forward.
Aktiesparna's analyst Robert Andersson explains what SBB's latest JV means for the company's pressured liquidity.

"Clearly negative that money is being allocated to dividends right now"

Sweden Sweden — Aktiesparna's analyst Robert Andersson lays out what SBB's latest JV means for the company's pressured liquidity – and how the imminent dividend of over SEK two billion goes against the company's endeavor to improve its balance sheet, but must still be carried out.
Helsinki.

Nuveen makes large residential acquisition in Finland

Finland Finland — Nuveen Real Estate’s European Value Add strategy makes first single family housing acquisition with EUR 42 million investment in Finland.
Niam acquires last-mile logistics asset in Arlandastad, Stockholm.

Niam secures logistics asset in Stockholm

Sweden Sweden — Niam has signed a forward commitment acquisition of a last-mile logistics asset in Arlandastad, offering direct connections to the E4 highway, Arlanda Airport, Rosersberg and the Mälardalen region.
Leiv Synnes, CEO of SBB.

SBB and Kåpan signs agreement to divide SBB Kåpan Bostad

Sweden Sweden — SBB has agreed with Kåpan Tjänstepension to divide the jointly owned housing company SBB Kåpan Bostad AB, of which the parties each own 50 percent.
Colliers' Nordic CEO Bård Bjølgerud and Head of research John Petersson.

Colliers' forecast: Over EUR 30 billion in transaction volume in 2024

Nordic — Inflation continues to fall in the Nordic countries, financing opportunities have improved significantly for real estate companies and the transaction market has increased by 14 percent in volume so far this year compared to the corresponding period in 2023. Colliers sees a number of different factors that point to a slowly recovering real estate market and predicts that the will really take off in 2025. Nordic CEO Bård Bjølgerud and Head of research John Petersson tell us more about the current situation and forecast the future.
Patrik Kallenvret, CBRE:s Managing Director, Capital Markets, Nordics.

CBRE's MD: "It’s when you have a pit in your stomach you should buy"

Nordic — Property prices have bottomed, Patrik Kallenvret, Managing Director of Capital Markets, Nordics at CBRE is certain about. But whether the market has really turned around remains to be seen. When Nordic Property News meets him at the head office in Stockholm to talk about logistics, offices and the financial market, it is clear that a trend is even affecting the company itself. “If you try to hit bottom, you never do.”
Simon de Château and Fredrik Mässing.

Prisma Properties aiming for IPO

Nordic — Prisma Properties intends to list its shares on Nasdaq Stockholm.
Svenska Handelsfastigheter makes sizeable acquisition from Partners Group.

Partners Group sells a Swedish retail warehouse portfolio to Svenska Handelsfastigheter

Sweden Sweden — Partners Group, acting on behalf of its clients, has entered into an agreement to sell a Swedish retail warehouse portfolio to Svenska Handelsfastigheter for approximately SEK 1.3 billion. The portfolio was held in the Sveafastigheter Fersen and Sveafastigheter Fersen II structures and has been managed by Brunswick Real Estate on behalf of Partners Group since 2015. Closing of the transaction is planned for 30 May 2024.
Christian Fredrixon.

Cibus acquires from Företagsparken

Sweden Sweden — Cibus has signed an acquisition of six grocery anchored assets in Sweden for SEK 87.5 million. The assets are acquired from Företagsparken and the closing of five of the assets takes place immediately and the remaining property is planned to be closed during July later this year.

The highest valued property portfolios in the Nordics

Nordic — Nordic Property News presents a list of the highest valued property portfolios among the listed Nordic comanpanies.
Stockholm.

The danger is not over in the Swedish real estate sector

Sweden Sweden — The property companies' earning capacity may be challenged in the future as a result of higher vacancy rates, which would impair the companies' ability to pay their debts. That's what the Financial Supervisory Authority writes in its latest stability report, which they released on Monday. Nordic Property News explains more about the findings and conclusions in the report.
Nischer applies for delisting.

Nischer applies for delisting – will liquidate the company

Sweden Sweden — Nischer Properties will apply for the delisting of the company's share from Nordic SME. After the delisting, the company's board intends to work for an orderly liquidation of the company's operations.
The property Hästen 21 in Stockholm.

Pembroke signs lease with DLA Piper

Sweden Sweden — DLA Piper will move into the top two floors to an area of 4,400 square meters in Pembroke’s ground-up development.
The property Abildager 24.

M7 signs new lease in Copenhagen

Denmark Denmark — M7 Real Estate secures 10-year lease with KLIFO A/S, fully letting circa 6,500 sqm warehouse near Copenhagen.
Tom Leahy, MSCI.

Positive trend break on the European transaction market

Nordic — MSCI's latest data shows that April was a trend-breaker for transaction volumes in Europe, which for the first time in 21 months saw an increase compared to the corresponding month of the previous year. A sign that some confidence is beginning to return to the market according to Tom Leahy, director at MSCI Research. For Nordic Property News he tells more about the positive development – but also flags that the number of forced sales has increased.

The companies with the highest profits from property management

Nordic — Which companies actually had the industry's highest management result Q1? Nordic Property News has reviewed the listed companies' reports for the first three months of the year.
Leiv Synnes, CEO of SBB.

SBB establishes new JV with Castlelake which signs new loan agreement

Nordic — SBB establishes a new joint venture with Castlelake which signs a loan agreement of approximately SEK 5.7 billion (EUR 508 million).
Wihlborgs acquires from Schroders.

Wihlborgs acquires office property at Hyllie station

Sweden Sweden — Wihlborgs has acquired the Värdshuset 2 property above Hyllie station in Malmö, with a direct connection to Malmö Arena and the Emporia shopping centre. The property, with its smaller office premises, will become an important complement to Wihlborgs’ existing offering in the area.
Mikael Granath.

New assignment for Mikael Granath

Sweden Sweden — Mikael Granath becomes new chairman of the board Bengt Dahlgren Gothenburg.