Anna Alsborger.

Hemfosa Acquires in Two Cities

Sweden Sweden — Hemfosa has acquired a property in Mariestad at an underlying property value of MSEK 274. Also, the company acquires school and office properties in Eskilstuna at a value of just over MSEK 650.
Gro Boge: "We see the potential for increased rental prices in the most attractive areas."

"Many Want to Invest in Commercial Real Estate"

Norway Norway — DNB Næringseiendom's CEO Gro Boge on the latest major acquisition and the situation on the office market in Oslo.
Christian Schjødt-Eriksen, Fund Manager of the Aberdeen European Residential Opportunities Fund, tells Nordic Property News about the background of their JV in micro-living with Ailon Group.

“Micro Living Is a Concept That Is Gaining Traction”

Nordic — Christian Schjødt-Eriksen, Fund Manager of the Aberdeen European Residential Opportunities Fund, tells Nordic Property News about the JV in micro living with Ailon, how they will create over 5,000 new homes and which investment targets they have in the Nordics.
David Neil.

Genesta Secures EUR 334M in First Closing for Third Value Add Fund

Nordic — Genesta completes the first closing of its third value add fund in the amount of 334 million euros. The commitments have been secured from eight investors from its predecessor fund. The closing follows the successful completion of the investment period for the predecessor fund GNRE Fund II, which is expected to significantly exceed its return target.
Erik Selin, CEO of Balder.

Balder Acquires Gothenburg Portfolio

Sweden Sweden — Balder has taken possession of a property portfolio in Gothenburg consisting of hotels, offices, logistics and residentials for approximately MSEK 800 (EUR 75M).
Skanska sells an Oslo office property to DNB Scandinavian Property Fund.

Skanska Divests Office Property in Oslo

Norway Norway — Skanska has signed a contract with DNB Scandinavian Property Fund to sell the office property Workplace Oo in Oslo, for about NOK 1.3 billion (EUR 133 million).
Johan Åström, Head of Nordics at Nuveen Real Estate.

Why Nuveen Aims for New Segments in the Nordics

Nordic — Johan Åström, Head of Nordics at one of the world's largest asset managers in real estate, Nuveen Real Estate, tells Nordic Property News why the company is expanding its investment mandate in the Nordic region and whether their focus differs depending on which Nordic country they invest in.
Fabriikki Turku.

YIT and OP Signs Contract for the Construction of 330 Apartments

Finland Finland — YIT and the OP-Rental Yield special fund have agreed on the construction of four rental apartment projects in growth centres in Finland. The combined value of these projects is approximately EUR 50 million and the contract covers more than 330 apartments.
Helsinki.

German Investor Makes EUR 135M Acquisition in Helsinki

Finland Finland — Skanska has sold an office property in Helsinki for about EUR 135M. The buyer is Hansainvest Real Assets.
Transformerverkstaden, Hammarby Sjöstad, Stockholm

Aberdeen Standard Investments and Ailon to Develop 5,000 Homes

Nordic — A partnership between global asset manager Aberdeen Standard Investments and Ailon Group, a specialist in the development of student housing and micro-living in the Nordic Region, now has over 2,000 units under planning or development, with plans for a another 3,000 units over the next three years.
Jussi VyyryläinenCitycon’s Vice President, Leasing.

“It Is in Our Interest That the Tenants Succeed”

Nordic — A number of retail chains in Sweden have criticized the high rents in the shopping centers and believe that rental levels today can determine retail in the future. Citycon’s Vice President, Leasing, Jussi Vyyryläinen tells Nordic Property News whether this is an issue in Norway and Finland.
Lars Pærregaard, CEO of 360 North.

This Is Blackstone’s Residential Focus in Denmark

Denmark Denmark — Blackstone's Danish Residential Platform 360 North's CEO Lars Pærregaard on his new position and what his main tasks will be, going forward.
Veidekke will  new school building and renovate existing buildings at Eilert Sundt upper secondary school in Farsund.

Veidekke to Build School in Southern Norway

Norway Norway — Vest-Agder County Municipality has awarded Veidekke the contract to build a new school building and renovate existing buildings at Eilert Sundt upper secondary school in Farsund.
Juvelen.

Vasakronan Acquires Juvelen

Sweden Sweden — Vasakronan acquires the Uppsala office property Juvelen from Skanska for MSEK 563 (EUR 53M).
Gro Boge, CEO of DNB Næringseiendom.

"Wework Has Revolutionized How We Think About the Use of Office Space"

Norway Norway — DNB Næringseiendom's CEO Gro Boge tells Nordic Property News how increased demands from tenants puts pressure on property owners, the collaboration with the coworking giant Wework and the main challenges on the Norwegian rental market.
Michael Moschewitz, CEO of Genova Property Group.

After the Major Acquisition: How Genova Will Continue Growing

Sweden Sweden — Genova Property Group's CEO Michael Moschewitz on the company's largest purchase so far and their new investment in urban development.
James Seppala, Head of Real Estate Europe at Blackstone Group.

Lars Pærregaard Appointed CEO of Blackstone’s Danish Residential Platform

Denmark Denmark — Blackstone announced that Lars Pærregaard has been appointed CEO of its Danish Real Estate Platform, 360 North. His appointment follows the acquisition of 360 North by real estate funds managed by Blackstone last month. Lars was formerly Investment Director of the platform.
Ilija Batljan.

SBB Acquires Portfolio in Boden

Sweden Sweden — Samhällsbyggnadsbolaget (SBB) continues to grow its portfolio of social infrastructure properties through the purchase of seven elderly care homes in Boden.
Fredrik Söderlund at AXA IM has his eyes on Denmark.

The US Investment Giant: “We Want to Invest More”

Nordic — Fredrik Söderlund, Nordics Local Head of Asset Management & Transactions at AXA IM, tells Nordic Property News about the background of the major purchase in Copenhagen, why AXA finds Denmark attractive and when they will enter the Swedish residential market.
Philippe Cervesi, Investment Director of Corum Asset Management.

Why the French Investor Chooses Finland in the Nordics

Finland Finland — Corum Asset Management’s Investment Director Philippe Cervesi aims for more investments in Finland. For Nordic Property News he tells why they chooses Finland over the other Nordic countries.
Michael Moschewitz.

Genova Property Group Acquires in Three Cities

Sweden Sweden — Genova Property Group has entered into an agreement to acquire seven properties located in Stockholm, Uppsala and Norrtälje for a value of SEK 650 million (EUR 60 million).
Wework.

Wework in Partnership with DNB and Eiendomsspar to Enter Norway

Norway Norway — The first leases have been signed, and in December coworking giant Wework opens at Tjuvholmen allé 1-5, where Christian Ringnes, Eiendomsspar, acts as landlord. In the first quarter of next year, the doors in Fjordalleen 16, owned by DNB Næringseiendom, will be opened.
Peter Winther, CEO at Colliers International Danmark A/S.

The Strengths of the Danish Residential Market

Denmark Denmark — Peter Winther, CEO and Partner at Colliers International Denmark, on their role in the largest deal in Denmark this year, why AXA is a good buyer and why Denmark is attractive for foreign investors.
The Blåfjäll building in Stockholm and property in central Copenhagen.

AXA’s Major Deals in the Nordics

Nordic — Nordic Property News lists the US investment giant AXA IM’s divestments and acquisitions in the Nordic region in recent years.
Christian Fladeland, CIO of Heimstaden.

Heimstaden’s CIO: “We Will Continue Investing”

Nordic — Christian Fladeland, CIO of Heimstaden, tells Nordic Property News about the benefits of the Netherlands, whether purchases in new markets are underway and requirements for investments in the Nordics.