The new multi-purpose building.

New Multi-purpose Building on Campus in Turku

Finland Finland — The University Properties of Finland Ltd will build a new multi-purpose building to replace the old Juslenia building at Henrikinkatu in the campus area of Åbo Akademi University and the University of Turku.

Peab Signs Deal in Vårgårda

Sweden Sweden — Peab has been commissioned to build a new school in central Vårgårda which will replace both Vårberg School and Kesberg School. The customer is Vårgårda Municipality and the contract is worth EUR 16M.
Sato creates 179 new homes.

Sato in Residential Project in Jätkäsaari

Finland Finland — Construction of Sato's 75th anniversary project in Atlantinkatu street, Jätkäsaari, Helsinki, has been launched. The property will have 147 non-subsidised rental homes and 32 family-sized Hitas owner-occupied homes.

"It's Like Selling Air!"

Sweden Sweden — Outraged attorney looks to take Swedish developers to court.

So Will the Real Estate Industry be Affected by Decling Construction

Sweden Sweden — Construction has weakened in the beginning of 2018, according to Industrifakta's upcoming business cycle. Analyst Jens Linderoth tells Nordic Property News of the reasons for deceleration and what effects it could have on the real estate sector.

Barings Make EUR 100M Acquisition in Stockholm

Sweden Sweden — Barings Real Estate acquires the office building Fleming 7 in Stockholm CBD from Menugs as part of its pan European core investment strategy on behalf of institutional investors for over EUR 100M.

Peab in EUR 26M Project in Luleå

Sweden Sweden — Peab has been commissioned to build an extension of the emergency room in Sunderby Hospital in Luleå. The customer is Region Norrbotten and the contract is worth EUR 26M.

SRV Constructs Supercell’s New Headquarters in Helsinki

Finland Finland — SRV begins construction of Supercell’s new headquarters in Jätkäsaari, Helsinki.
K1 Knightsbridge.

Skanska Builds in London for EUR 155M

Nordic — Skanska has signed a contract with The Olayan Group to build K1 Knightsbridge, a mixed-use scheme in London that combines commercial, residential and retail development. The contract is worth about EUR 155M.

Chaos in Swedish Company – Board Fired and CEO Quits

Sweden Sweden — A dealing falling through has created chaos in a Swedish real estate company.

Balder Makes Green Push in Copenhagen

Denmark Denmark — Marcus Hansson, CFO of Balder, tells Nordic Property News why the company choses a green focus in new Copenhagen projects.

Svenska Handelsfastigheter Makes Four Acquisitions

Sweden Sweden — Svenska Handelsfastigheter acquires four properties with a aggregated lettable area of 10,900 sqm. The properties are located in Halmstad, Strängnäs and Bollnäs.
Sturefors.

New Office Space to Central Gothenburg

Sweden Sweden — At Kungsportsavenyen 34, Wallenstam has now started the next stage in the development of the Avenyn area with the Sturefors project.
The new water park.

NCC to Build Liseberg’s New Water Park and Hotel

Sweden Sweden — In partnership with Liseberg, NCC will extend the largest amusement park in the Nordic region. The assignment includes a water park, a themed destination hotel and parking facilities in the city centre of Gothenburg. Liseberg, through the Liseberg Skår development company, has budgeted the assignment at approximately EUR 194M.

FinCap Divests in Turku and Tampere

Finland Finland — FinCap has sold one residential and one assisted living property located in Turku and Tampere. The properties were divested from funds managed by FinCap to Nordea Life Assurance Finland Ltd.
James Robson.

American Giant Increases Nordic Focus with New Investments

Denmark Denmark — American real estate investor Hines acquired two properties in Copenhagen CBD from Freja for EUR 113M. James Robson, MD of Hines Nordics Real Estate, tells Nordic Property News of the acquisitions and the company's Nordic focus.

Slättö Divests for EUR 155M

Sweden Sweden — Through its fourth fund, Slättö IV, Slättö has divested to properties for a total transaction price of EUR 155M. Buyers are Trenum, owned by Balder and AP3, and Lansa, owned by Länsförsäkringar.

Top Rental Income Growers

Sweden Sweden — Anders Nissen and Pandox have increased their rental income most during the initial months of the year. But what does it look like among other listed Swedish companies? Nordic Property News has the complete list.

Catena Invests and Signs Lease in Jönköping

Sweden Sweden — Catena is investing EUR 10M in an existing logistics building in Jönköping and is signing a seven-year lease with Procurator. Following the investment, all logistics space in the property will be fully leased.
YIT will construct a wooden school centre.

YIT Constructs School Centre in Imatra

Finland Finland — YIT has signed an agreement worth approximately EUR 55 million with the City of Imatra to construct a wooden school centre in the city’s Mansikkala district. The agreement also includes maintenance for 20 years.

Next Step Group in New Giant Gothenburg Project

Sweden Sweden — Next Step Group enters a new giant project in Gothenburg with world renowned Snøhetta as architect. Louise Heilborn at Next Step Group tells Nordic Property News of the unique project.

Large Shopping Center Investment Postponed

Nordic — A major shopping center project in Northwest Sweden, aimed at the border shopping with Norway, has been postponed. Brett Weihart, CEO at Scandinavian Mountains Airport, tells Nordic Property News of the future of the project.

PFA Sells Commercial Properties for EUR 268M

Denmark Denmark — The pension company changes the composition of its property portfolio and sells to Bankinvest.

Skanska Invests in Office Building in Stockholm

Sweden Sweden — Skanska invests about EUR 54M in the office building Sthlm 04 in Stockholm with a total leasable area of ​​about 12,000 square meters.

Heimstaden Buys Apartments in Linköping

Sweden Sweden — Heimstaden has agreed to purchase 96 apartments in the Vallastaden in Linköping. The stock consists of newly produced rental rights with a total leasable area of 5,103 square meters.