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(Just Like) Starting Over

1/9/2024

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🏡 Property Pioneers 2024 News Flash! 🚀

Greetings, folks! 🎉 We hope your year has started with a bang, just like ours! 🥳 Let's dive into the latest Swedish headlines with a twist of BMGB flair:

💨 Markbygden Ett's Windy Woes: The Swedish Tax Agency is blowing against the wind! They want to put the brakes on the restructuring of Sweden's largest wind farm. Why? They reckon the Chinese state, the proud owners of this debt-laden company, should cover the losses. Markbygden Ett's turbulent journey in 2022 saw losses exceeding SEK 1.3 billion, and in 2023, they continued to bleed with a preliminary loss of nearly SEK 600 million. Debt? Oh, just a casual six billion Swedish kronor! 💸💨

🕵️ Poseidon's Whispering Whistleblower: In Gothenburg, a whistleblower report spilled the beans on a workplace with a culture of silence, fear of reprisals, and some questionable CEO procurement moves. The result? Poseidon's CEO had to walk the plank immediately. Talk about a sea change! 🚢🌊

🏦 Riksbanken's Rate Rollercoaster: Riksbanken plans to lower the key interest rate not once, not twice, but six times this year! Nordea's economists are extremely optimistic. Let's see if they're right or if it's all just a financial rollercoaster. Hold onto your hats! 📉📈

 
📱Teknikmagasinet's Tech Trouble: Teknikmagasinet, the tech haven in Norway and Sweden, has hit some rough waters. Their owner, Release AS, filed for bankruptcy. With 36 stores in Sweden, this tech paradise had its share of ups and downs. 🙃

🏢 Real Estate Resurgence: The real estate crisis? Fuhgeddaboudit! After a frenzy of real estate stock trading last year, things are looking up. High-interest rates might separate the wheat from the chaff in 2024. It was a great year for property shares on the Stockholm Stock Exchange, with a total return of 18.3 percent for the real estate index compared to 17.2 percent for the stock exchange's return index. Caution and financial strength were the keys to success! 💰🏠

Let's make 2024 a year to remember, together! 🎇 Stay tuned for more exciting news and adventures from BMGB. 🚀🏘️ Have an awesome day! 🎉😄🇸🇪

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Greetings here are the news from Sweden week 50 2023

12/18/2023

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📰🤣 Swedish News Recap: Laughs, Leaks, and Lost Lifts!🇸🇪

Ladies and gentlemen, gather 'round, because it's time for our weekly dose of quirky Swedish news! 📢

💼 Wework's Exit Strategy:
Say goodbye to your office coffee buddy! Wework is packing its bags and leaving some central Stockholm premises. Did they run out of post-it notes, or did the coffee machine finally revolt? ☕🏢

🏰 Fortifications Agency's Fence Fiasco:
The Fortifications Agency just can't catch a break! They want a three-meter fence in Bergshamra, but the city of Solna said no. Apparently, the future of national cyber security depends on this fence – who knew? 🤷🌐

🏢 Stadsljus: The "Triple Scraper" Saga:
In a world filled with skyscrapers, we present to you... the "triple scraper"! Stadsljus, a 110-meter high housing project, is coming to Norra Djurgårdsstaden. Because when one cylinder just won't do, you go for three! 🏗️🏙️

⚰️ A Tragic Workplace Tango:
Sometimes, workplace accidents take an unexpected turn. Five souls from different corners of the world came together in a tragic incident during the construction of Ursviks Torn. It's a somber reminder of the risks some brave individuals face daily. 🌍😔

💰 Stock Market Shenanigans:
Real estate stocks had a wild party after news of lower inflation. Looks like lower interest rates are the real MVPs for highly leveraged real estate companies. OP, JM, Corem, and SBB were all rushing to the stock market dance floor! 💃💰

Sweden, you never cease to amaze us with your blend of quirky and tragic news. Stay tuned for more tales from the land of meatballs and ABBA! 🇸🇪🤣

​#SwedishNews #QuirkyUpdates 

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Gimme Shelter

12/10/2023

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🌐✨ The impact of the United Nations reverberates across the globe like a symphony of hope and collective action. 🤝🌍 From responding to conflicts and protecting refugees to feeding the hungry and empowering women, the UN's commitment is a beacon of light.

In a world grappling with the climate emergency, humanitarian crises, and myriad challenges, the UN stands tall, uniting nations to tackle the unforeseen and build a more sustainable future. 🌱💙 Since its inception, the UN has evolved to address contemporary issues, setting goals that inspire collective action against climate change.

To those who question the UN's significance, let the accomplishments of this global force be a testament to what humanity can achieve when united. 🌐🤲 Let them feel the weight of their doubt, for the UN's work resonates in every corner of our interconnected world. Here's to a united front for a better tomorrow! 🌈🌏 #UnitedNations #GlobalUnity

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Battery

12/10/2023

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🔋🚀 The Green Battery Revolution Rollercoaster! 🌱💼

📉 Nilars: A Symphony of Green Gone Sour! Nilars, once the green beacon for stationary energy storage, plunged into bankruptcy, leaving a dark cloud over Carnegie and AP funds. From a listing high of SEK 3.15 billion to a shocking 98% stock drop, it questions the balance between optimism and deception. Is green the new black or just another financial faux pas?

🔄 Northvolt's German Adventure! Amid Germany's budget chaos, Northvolt secures a unique exception, bagging over SEK 11 billion in state subsidies. The Swedish battery powerhouse navigates the storm, eyeing a 2026 production kick-off. Will other green ventures face a bumpy ride in the realm of subsidies and unforeseen fiscal turbulence?

🛩️🔋 Heart Aerospace's Turbulent Flight! Swedish electric airline Heart Aerospace faces turbulence as losses soar to SEK 244 million in 2022. With ambitions to revolutionize passenger flights, the company grapples with financial clouds. Will they weather the storm and soar to success, or is the sky not the limit?

🌍🤑 Batteries, Batteries Everywhere! The competition to be Europe's battery capital heats up! France, Germany, and Hungary vie for the title, showering billions in state aid to lure battery manufacturers. Will these investments spark a green revolution, or are we witnessing a fierce race with uncertain winners?

#GreenRevolution #BatteryBusiness #FinancialRollercoaster #InvestmentInsights #SwedishNewsFunnies

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Greetings here are the news from Sweden week 49 2023

12/10/2023

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🌟 News from Sweden: A Rollercoaster of Stories! 🎢

😢 Farewell to a Tycoon: Industrialist Melker Schörling, the maestro behind Securitas, Hexagon, AAK, and Hexpol, has taken his final bow at 76. 🙏💰 A symphony of success leaves the business world in silent reverence.

🚧 Malmö's Silent Student Halls: The Land and Environmental Court pulls the plug on 580 student homes in Malmö. Noise concerns echo, as an industrial area doesn't seem like the ideal campus. 🤔🎓 Will Caprate appeal, or will the housing blueprints get a noise-canceling upgrade?

💸 Oscar's Loan Limbo: Oscar Properties faces loan deja vu! Lenders canceling secured loans worth 485 million, making it a December dilemma for the real estate mavericks. 🏠💼 Loan discussions dance on, hoping for a harmonious resolution. 🕺💔

🛠️ Östermalmstorg Glow-Up: Stockholm embraces a makeover for Östermalmstorg! 🌳✨ New ground attire, accessible walkways, ambient lighting, and more seating options – a city square getting a facelift for a sustainable and inviting vibe. ☕🍃 #UrbanRevamp #ÖstermalmGlowUp

From financial twists to urban uplifts, Sweden's news is a rollercoaster ride! 🎢📰 What's your take on these stories? Share your thoughts! 💬🤩 #SwedishNewsBuzz #MelkerSchörlingLegacyTitle Text. Klicka här när du vill redigera.

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Greetings here are the news from Sweden week 48 2023

12/3/2023

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🌪️💸 Wind Farm Woes and Stock Market Surprises! 💸🌪️

🌬️ Markbygden Ett's Windy Predicament! Sweden's largest wind farm, Markbygden Ett, faces a storm of damages for not delivering electricity to aluminum giant Hydro. With losses surpassing SEK 1.3 billion last year and a preliminary loss of almost SEK 600 million in 2023, it seems the wind isn't blowing in Markbygden's favor. ⚡🤔


⚡Does anyone recognize a pattern when the Swedish industrial investments in the North are to be supplied with electricity ? 🤑

📈 Stock Market Rollercoaster in November! Real estate shares had a November fiesta with stellar gains! 🎉 Here's a peek at the top performers:

1. K2A +41.53%
2. Balder +31.42%
3. Nyfosa +31.32%
4. Fastpartner +29.31%
5. Heba +27.25%
6. NP3 +25.77%
7. Logistea +24.59%
8. Corem +25.41%
9. JM +24.15%
10. Stendörren +23.45%

🎢 What's your bet for December's stock market thrill ride? 🤑🎲

🔌💡 Electricity Prices Spark a Shock! Nordic electricity prices surge in December, doubling compared to last month. Blame it on chilly weather, dry conditions, and unplanned nuclear shutdowns in southern Sweden and Finland. Europe's full gas stocks might play referee, but will Sweden's energy prices dance to the European tune? 💃🔥

🏡🌳 Löfberg Family's Karlstad Makeover! The Löfberg family unveils plans for a historic investment in Karlstad—cue the coffee aroma! ☕ With a new roastery in Välsviken, the family crafts a blend of homes, offices, restaurants, and more on Bryggudden. A 45,000-square-meter expansion promises a delightful mix of living, working, and sipping coffee. ☕🏠

#WindWoes #StockMarketSurge #ElectricityDrama #InvestmentInsights #RealEstateRide #UrbanDevelopmentMagic #SwedishNewsFunnies

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Born to Raise Hell

11/29/2023

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🏠⚡ Swedish Property & Energy Chronicles: A Comic Twist! ⚡🏠

🏰 Municipal Real Estate Shopping Spree Continues! Västervik municipality joins the quirky trend, buying city center properties from SBB. With SBB's eighth municipal sale totaling SEK 1.3 billion, will more municipalities dare to join the real estate shopping cart? 🛒💸

💰 Property Sector Debt Drama! Financial Supervisory Authority reveals that the property sector swims in debts of SEK 1,500 billion. As financing costs rise and property values wobble, will we witness a real estate magic show, or will it be more of a disappearing act? 🎩🐇

🏦 Oscar Properties and the Collateral Conundrum! DNB flexes its muscles, planning to enforce collateral on Oscar Properties' shares and loans. With underlying property values of three billion kronor, will this be a singular dance, or will other real estate companies hit the same tunes? 💃🎶

🌬️ Wind Power Woes! A database reveals a looming wave of bankruptcies for Swedish wind power. With 1,000 wind power plants hanging by a thread, the question echoes: Who will foot the bill for the metal forest? Is the wind really green, or just a financial breeze? 💨💸

💼 SLP's Money Quest! Following John Mattson, Sagax, and Emilshus, SLP contemplates a new share issue. With approximately 18 million B shares up for grabs, the real estate world watches eagerly. Who will rise to the occasion, who will stumble, and who's next in line for the financial spotlight? 🌐💼

#RealEstateHumor #PropertyChronicles #FinancialFollies #ComicNews #SwedishMarket #MoneyMatters #RealEstateDrama

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The Public Oak

11/29/2023

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🌳 Dö för Dig/Slå rot (Die for You/Take Roots): An Upside-Down Oak in the Heart of Stockholm 🌳

Dö för Dig - Slå rot, a masterpiece by Charlotte Gyllenhammar, isn't just an oak - it's a powerful statement, a symbol of vulnerability and strength. Suspended upside down above Drottninggatan at Sergels torg in the fall of 2023, this iconic oak challenges our perspectives and delves into the complexities of human existence.

💪 Despite it's might, the oak's inverted position echoes the harsh transformation of urban spaces in the 1960s, a major contrast to the devastation caused by war in many European cities just a few years earlier.

🎨 Originally featured in the "Rules of the Game"-exhibition back in 1993, Dö för Dig marked a turning point for public art in Sweden, inviting artistic expression into urban landscapes. Now, after three decades, a new iteration of this profound work was rising once again, reaffirming its significance in a transformed cityscape.

🔄 The oak, sourced sustainably from private land, stands as a testament to regeneration. Thinned out to allow other trees to flourish, it embodies the cycle of life, offering new beginnings beyond its own existence.

🏙️ Drottninggatan's Evolution: Since 1993, Drottninggatan has witnessed profound changes, including the tragic events of 2017. Die for You/Take Roots, 2023 serves as a poignant reference point, adding depth to the city's narrative.

🛑 As of November 18th, the oak has been carefully taken down. 🌳 When it rises again, only time will tell, carrying with it the memories and reflections inspired by this remarkable piece of public art.

🎨 Artistic Visionaries: Charlotte Gyllenhammar, alongside Stockholm Art and the State Art Council, spearheaded this transformative project. Special thanks to Niklas Haglund, Ramsbury, Binsell, and Carlhans for their invaluable contributions.

📰 Check out the article in the Financial Times ("The Artistic Enigma of the Tree"): https://lnkd.in/d6tewzdD 

#PublicArt #UrbanTransformation #DöförDigSlåRot#CharlotteGyllenhammar #CityscapeArt #Sculpture #ArtInstallation#LegacyArt #Stockholm konst #Stefan Hagdahl #Statens konstråd #Patrick Amsellem #Binsell #Tobias Hansen #Ramsbury Group #BMGB #Tjuren Projektpartner AB #Mårten Castenfors #CARLHANS JÄRNARBETEN AB

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Greetings here are the news from Sweden week 47 2023

11/26/2023

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🕵️‍♂️🏢 Under the Swedish Spotlight: Financial Drama Unfolds! 💼🔍

🌐 The prosecutor's pens are dancing as they launch an investigation into suspected corruption, all thanks to a little tip-off from the Financial Supervisory Authority. What's the fuss? Alecta's colossal investment in Heimstaden Bostad! The trio of Heimstaden AB, Alecta, and Folksam are the key players in this intrigue. Talk about a financial soap opera! 🕵️‍♀️💸

💊 In the midst of the extortion drama involving Fastator's top dogs, a drug saga is brewing! A 14-year-old deal takes center stage, involving the acquitted Playa-Swede Jonas Falk and his adventurous aunt. They dove into the stock market sea with 27 million crowns, only to watch most of it disappear like a magic trick gone wrong. 🎭💰

💹 Riksbanken kept the interest rate unchanged, but the plot thickens as signs of inflation's retreat emerge. The world's tight monetary policies are playing puppeteer, pulling inflation away from last year's peak. Yet, the inflation monster still lurks, refusing to bow out gracefully. Services are the real mischief-makers, driving up inflation like mischievous imps. And oh, the weak krona, a mysterious force keeping the prices dancing! 💱🤹‍♂️

🌏 As global companies seek a dance partner away from China, India takes the lead! Swedish companies are eyeing India like it's the hottest dance floor. India, with its rich tradition of ingenuity and engineering, especially in the booming IT industry, is stealing the spotlight. It's like a startup-financing Olympics, and India just did a surprise leap to second place, leaving the Brits and the Chinese in the dust. 🇮🇳🚀

Stay tuned for more financial theatrics – the Swedish saga continues! 🎭🍿 #SwedishFinanceFunnies #MoneyMysteries #DramaUnfolds 🎬💼

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Some like it bitter, We like it sweet

11/24/2023

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🎭 The Bitter-Sweet Symphony of Real Estate Revelations! 🏠🎶
Ah, the last 5-10 years – a symphony of booms and echoes in the real estate industry. 🚀 But wait, what's this bitter note sneaking into our melody?

👨‍🎓 Remember the good old days when 'senior' meant seasoned and wise? Now it's tossed around like confetti on business cards, even for those fresh out of school. What happened to the word senior?

🚧 Project hoppers – those elusive creatures who jump ship before the project sets sail, all in the pursuit of a flashy CV. Fast-track careers? More like a sprint to nowhere. 🏃‍♂️🚢

📧 And then there are the email aficionados, the legendary managers of the inbox, champions of the "Forward" button. 📧 Reading? Responding? Bah, who needs that? Their secret power lies in their swift ability to transfer responsibility like a hot potato, hoping it lands on someone else's plate. 🔄📬

🌟 Real estate messiahs in the making – titles that shine brighter than competence. In the boom, some found themselves in cushy positions, desperate to lead the way. Spoiler: They're leading us astray. 🌌👑

💰 Getting into property companies with a bank-fueled entrance, evolving into 'too big to fail' scenarios. It's like financial acrobatics without a safety net. 🏦🤹‍♂️

♻️ The green warriors – Some with loud voices preaching about building material recycling, only to be caught in the act of greenwashing. All aboard on the boat for a quick visit to a manufacturer in the dragon land. A symphony of good intentions drowned out by empty actions. 🍃🌍

🌬️ Wind parks, the enigmatic performers of nature's theater, exploiting Swedish wilderness with unknown puppeteers pulling the strings. A green masquerade protected by shadows and secrecy. Will there be a forrest of steel trees in the future?🌲🤫

In this bitter-sweet symphony, we're left wondering – are we composing a masterpiece or merely dancing to the discord of misguided tunes? Only time will tell. 🕰️🎵
​
#RealEstateRevelations #SymphonyOfChange #BitterSweetBoom 😄🏡🎻

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    Benny-Balans,     our bloggbuddy in cyberspace.

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