Northern Europe

Skanska has signed a contract with DNB Livsforsikring AS through their subsidiary Trondheim Torg AS for the renovation and expansion of their existing commercial office building in Trondheim. The contract is worth NOK 673m, about SEK 660m, which will be included in the Nordic order bookings for the first quarter of 2024.

The Nordic countries—primarily Sweden, Norway, and Finland—offer cold winters and reliable snowfall. The Nordic region boasts over 500 ski resorts, representing approximately 8% of all global ski resorts. These resorts have thrived, providing excellent conditions and a lack of crowds due to the region's modest population of 2...

The nomination committee of Nyfosa AB unanimously proposes that the current board member David Mindus be elected as chairman of Nyfosa's board of directors at the annual general meeting on April 23, 2024. Nyfosa's current chairman of the board, Johan Ericsson, has, as previously communicated, declined re-election.

Wihlborgs has signed a ten-year lease with one of Denmark’s largest companies for 62,000 square metres at the Girostrøget 1 property in Høje-Taastrup. The lease enters force on 1 May 2024 and the property will be extensively modernised during the lease term.

CapMan Social Real Estate Fund invests in daycare and school assets in central Helsinki, continues fundraising. The assets was acquired from HGR Property Partners.

Wihlborgs’ Boplatsen 3 property in Fosie in southeast Malmö continues to attract more tenants following its renovation and upgrade. Such tenants include the IT company WeSafe IT, the advertising agency Mortensen Media, the car leasing company Athlon Sweden and the logistics company Scan Global Logistics.

CapMan Residential Fund (CMRF) acquired two high-quality residential assets at the end of 2023. The transaction is the seventh investment for CapMan’s pan-Nordic core residential fund.

In connection with the implementation of Bonava’s updated business plan for 2024 and onwards, Bonava’s CEO Peter Wallin and CFO Lars Granlöf have agreed that Bonava needs a CFO with somewhat different competence and experience. Therefore, Lars Granlöf is leaving the role as CFO of Bonava. At the same time, Lars Ingman has bee...

Aedifica has acquired two child day-care centres in Oulu & Rovaniem. The asset holder acquired ownership of both buildings on 29 December 2023. The total contractual value amounts to approx. €8.5 million.

Tritax EuroBox has agreed a new five-year lease at the first phase of its two-unit development in Rosersberg, a prime logistics location near Stockholm. The inflation-linked lease has been secured with a leading Scandinavian photovoltaic company.

Newsec to announce the strategic appointment of Morten Slette, an experienced professional renowned for his extensive industry knowledge and competence, to enhance the Investment Management team.

CBRE Investment Management (“CBRE IM”) announces the appointment of Sverre Rosén as the new Chief Executive Officer of Connect Bus AS, a portfolio company CBRE IM owns on behalf of a fund and separate accounts sponsored by the firm. Rosén joined Connect Bus on 2 January 2024.

Skanska invests SEK 2 billion in the office building Olivin, the first phase of the upcoming development area in the Lindhagen neighborhood. The investments also include a construction contract that is worth about SEK 1 billion, which will be included in the Swedish order bookings in the fourth quarter 2023.

Pandox AB’s (publ) science-based climate targets were recently validated by the Science Based Targets initiative (SBTi), and has now, coordinated by SEB, sustainability linked two existing bank loans with SEB and Swedbank corresponding to approximately MSEK 2,200.

In October 2024, Telia and Telia’s IT company Telia Cygate move in to Wihlborgs’ newly built office building Kvartetten (Pulpeten 5). The building is thus fully let. The lease is for 1,900 square metres.

Bonava has today agreed with its lenders to extend the deadline to provide evidence of the required bondholder support to 13 January 2024, at which time the written procedure is expected to be completed.

Skanska divests Enköping's new municipal building, which is under construction, to Vacse for approximately SEK 250m. The sale will be recorded by Skanska commercial property development in the fourth quarter of 2023.

YIT has signed a cooperative project management contract for the Keskusta health and wellbeing centre project to be built for the use of City of Helsinki. The contract will be signed with KOy Helsingin Toimitilat. For YIT, the value of the implementation phase of the construction contract, which is now starting, is approximat...