The largest deals in the Nordics, during November.

November 2021: The Nordic Top Transactions

Nordic — Nordic Property News lists the largest transactions in the Nordics during November.
TOP 4 Nordic
Helena Paulsson, head of Afry Architects, and Thomas Sandell, cheif architect.
Nordic Nordic —
"Our supply is being sharpened towards the market"
Blackrock is among the largest owners in several of the listed Nordic real estate companies.
Nordic Nordic —
The development of Blackrock’s ownership in listed Nordic companies
Christian Fredrixon, Kristina Sawjani and Henrik Brinck Landelius.
Nordic Nordic —
The hottest free agents in the industry
Nordic Nordic —
The largest owners in the listed companies
Sonja Horn, CEO at Entra.

“Oslo Areal Has Been on Our Target List for Many Years”

Norway Norway — Entra’s CEO Sonja Horn on the major acquisition of Oslo Areal’s portfolio; why it is a perfect match, the input from the major owner Balder, and the increased attractiveness for Entra as a company.
Stina Lindh Hök, CEO of Nyfosa.

Nyfosa Acquires in Oulu and Tampere

Finland Finland — Nyfosa has acquired two properties in the Finnish regional cities of Oulu and Tampere, where the company already owns properties. The acquisitions amount to a total value of MEUR 29, corresponding to approximately MSEK 298.
Entra has taken over the Oslo Areal shares.

Oslo Areal Sold to Entra for over NOK 13 Billion

Norway Norway — Entra has entered into a binding agreement with Gjensidige Forsikring and AMF Pensionsförsäkring to acquire 100 percent of the shares in Oslo Areal for approximately NOK 13.55 billion.
Ulrika Hallengren, CEO of Wihlborgs, comments on the Danish operations.

Here Are Wihlborgs’ Future Danish Plans: ”The Last Two Deals Differ”

Denmark Denmark — Ulrika Hallengren, CEO of Wihlborgs, on the growth targets in Copenhagen and its surrounding area, why they may not go for full speed right now, and the positive net rental figures for the company, during the challenging times.
Torstein Bomann-Larsen.

Niam's Ambitions for the Norwegian Market

Norway Norway — Niam continues to grow in Norway. Following the new acquisition in Stavanger, Torstein Bomann-Larsen, Associate Director Transactions at Niam, tells Nordic Property News about the deal, the market in Stavanger and how Niam wants to continue to grow in the Norwegian market.
Ilkka Tomperi, EVP, Property Development at YIT, and vision image of the new booming Keilaniemi area.

The Ground-Breaking Real Estate Development in Hot Helsinki Area

Finland Finland — Ilkka Tomperi, EVP, Property Development at YIT, on the JV together with HGR and Ilmarinen: “Keilaniemi is one of the leading office areas already and its development is going to continue being rapid.”
Patrik Attemark.

Newsec Appoints New CEO: "Exciting Challenge"

Nordic — Newsec appoints new CEO as the company intensifies European growth strategy. The new CEO Patrik Attemark tells Nordic Property News what attracted him about joining Newsec, what he hopes to bring to the CEO position and about the growth ambitions in both Europe and the Nordics.
Anders Danielsson, CEO of Skanska.

Skanska Launches New Business Stream: Investment Properties

Sweden Sweden — Skanska has performed a strategic bottom-up process and introduces a new business stream, Investment Properties, and revised financial targets. The revisions consist of a target for the new stream and a new limit for the Group adjusted net debt.
Christian Bernau´s Nordanö was sole financial advisor to Høvik Park in the sale of an 11,200 square meters office property in the Oslo region.

"Continued Great Interest for Offices in Good Locations"

Norway Norway — Nordanö's Head of Norway, Christian Bernau, on the Høvik Park divestment, the market and Nordanö's growth plans in Norway.
Eva Landén, CEO of Corem.

Corem Divests Two Properties

Sweden Sweden — In two separate transactions, Corem has signed contracts to divest the properties Svedala 306:9 and Sollentuna Ekplantan 1 for a total underlying property value of SEK 163 million.
Niam makes Stavanger investment.

Niam Acquires Mixed-Use Property in Stavanger

Norway Norway — Niam, the Swedish real asset fund manager, has acquired a newly re-developed landmark mixed-use property. The property is strategically located in a prioritized development area just south of the central business district of Stavanger.
Swiss Life acquires NRP.

Swiss Life Completes the Acquisition of NRP

Norway Norway — Swiss Life Asset Managers has completed the acquisition of NRP's real estate business with effect from 1 December 2021, having obtained the requisite approval of the Norwegian financial supervisory authority.
Global giant adds a new piece to their team – will focus on Swedish expansion.

Leaves Pan-Nordic Logistics Developer – for Global Industrial Giant

Sweden Sweden — He will become the Swedish Managing Director at one of the world's largest industrial developers, and be in charge for a possible Swedish expansion.
Dragana Marina, CBRE Denmark's Head of Research.

How Office Buildings with ESG Standards Means Higher Rental Levels

Nordic — New analysis from CBRE shows that ESG standards are commanding significantly higher rental levels. Dragana Marina, Head of Research at CBRE Denmark: “Talking about all matters related to sustainability and ESG when being based in the Nordics is an absolute privilege.”
Montage of Robert Landtman, Partner at Alma Property Partners, and a Finnish shopping center (archive image).

Alma Property Partners' Finnish Plans After the Retail Divestment

Finland Finland — Alma Property Partners has sold the 24,000 sqm Ideapark Oulu local retail center to UB Nordic Property Fund. Robert Landtman, Partner at Alma Property Partners, tells Nordic Property News on the timing of the divestment, whether the pandemic has affected their retail business, and investment targets for 2022.
View over Loke 8 in central Skellefteå.

Diös Acquires in Skellefteå for SEK 810 Million

Sweden Sweden — Diös is strengthening its position in Skellefteå with the acquisition of five centrally located properties from Nordvestor Fastigheter, encompassing an area of 40,000 square meters.
Sergeanten, Borås.

Norwegian Vatne Property Invests in Borås

Sweden Sweden — Peab has signed a contract to sell a rental apartment project worth SEK 280 million and commercial premises worth SEK 40 million in Borås to Vatne Property AS. The premises and rental apartments will be turned over in 2022 respectively 2024.
Charlottenberg retail park, 6 kilometers from the Norwegian border.

The Border Trade Effects During the Pandemic

Norway Norway — Alexander Jørgensen, CEO of Concilia Retail Property, on the sale to Cibus, the demand for properties by the Swedish-Norwegian border, and which of the countries they focus on, going forward.
Sami Hyryläinen joins CBRE. The image is a montage.

The New Trends on the Investor Leasing Market

Finland Finland — CBRE strengthens their Finnish team with Sami Hyryläinen who takes the positions as Director, Investor Leasing. He tells Nordic Property News about what attracted him about CBRE, what kind of solutions are in demand on the investor leasing market, what trends are emerging and how the market has been affected by the pandemic.
Vasekær 10-12.

Wihlborgs Expands Danish Portfolio

Denmark Denmark — Wihlborgs has acquired the Vasekær 10-12 property in Herlev, Denmark. When the seller, Terma A/S, vacates the property on 30 June next year, Wihlborgs will begin redeveloping the property, turning it into a modern and flexible office building.
Which companies are the winners and which are the losers on the stock market in November?

Winners and Losers on the Nordic Stock Markets in November

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in November.
Aviva Investors and Verdion ramp up development at E20 Park Copenhagen.

50,000 Square Meters of Logistics Space to Be Created by Verdion and Aviva

Denmark Denmark — Speculative development at E20 Park Copenhagen is moving forward at pace, bringing around 50,000 sq m of new logistics space to the Greater Copenhagen market and addressing the shortage of available stock in the region.
Prologis builds 15 000 sqm in Eskilstuna.

Prologis Makes Expansion Investment in Eskilstuna

Sweden Sweden — Prologis plans to build a new logistics development of at least 15,000 square meters on a site. The entire project is a strategic long-term investment as the shortage of logistics space in Stockholm becomes more acute.
Entra.

The Entra Board Makes Two Recommendations Regarding Balder Offer

Norway Norway — The Board of Entra has reviewed the mandatory offer from Balder and considered factors that the board deems material and relevant for the assessment of whether the offer should be accepted by the shareholders of Entra.