News | Nordic Property News

SPG Acquires Building Rights in Stockholm

Sweden — Scandinavian Property Group (SPG) has signed an agreement with Bostadsrättsföreningen Solhöjden in Tyresö to acquire a building right of a total of 13,900 sqm gross area.

TOP 4 Nordic

Johan Gyllberg.

Nordic

Nordic —

Global hotel giant heads to Kvarnholmen in 20-year deal

The deteriorating outlook is being driven by a combination of stricter climate regulations, growing pressure from capital markets and increasing tenant demand for sustainable premises.

Nordic

Nordic —

German investors warn of energy crisis in property portfolios as technology emerges as lifeline

Carl-Adam von Schéele.

Nordic

Nordic —

Urban Partners launches first-of-its-kind fund to accelerate urban regeneration

Housing is singled out as the single most important factor behind the differences between European capitals. For families who rent, housing costs are by far the largest expense item (the people in the image have nothing to do with the text).

Nordic

Nordic —

Stockholm among Europe’s most affordable capitals despite high housing costs

David Träff and Hanna Fjeldgård.

Hemfosa Strengthens its Transaction Team

Sweden — Hemfosa Fastigheter is strengthening its transaction team, employing Hanna Fjeldgård and David Träff as project managers. Both bring solid expertise from complex and value-generating property transactions, and will strengthen Hemfosa’s opportunities for consolidating its strong position in community service properties in the Nordic region. They will take up their positions in March 2019.

Hemsö Purchases in Trelleborg

Sweden — Hemsö acquires half a block in central Trelleborg consisting of three existing properties of 5,900 sqm and building rights of 15,000 sqm.

Christian Fladeland.

Colliers Partner Lands Top Position with Heimstaden

Denmark — Christian Fladeland, the youngest partner of the 13 Colliers partners in Denmark, is leaving Colliers to become Chief Investment Officer with Heimstaden. He joined the company, then Sadolin & Albæk, 12 years ago.

Amanda Welander and the new subway map in Stockholm.

Winners and Losers as the Stockholm Subway Expands

Sweden — CBRE has analyzed in which areas in the Swedish capital the property market will flourish in connection to the planned expansion of the subway. Head of Research Amanda Welander comments the outcome.

Bård Bjølgerud.

"High Activity in Many Cities"

Norway — Pangea's CEO Bård Bjølgerud on the real estate year in Norway, why the divestments from international owners are increasing and the place you will most likely see a transaction rise in 2019.

Carl Zetterqvist.

"The Norwegian Market is Ahead of the Swedish"

Nordic — Carl Zetterqvist at Scandinavian Property Group on the year that exceeded expectations, how the Scandinavian countries differ on the housing market and whether SPG will return to Denmark or not.

Ilija Batljan and Martin Mæland.

SBB forms JV with Martin Mæland

Norway — SBB and Obos' former CEO Martin Mæland are starting a cooperation. SBB sells a development property in central Kristiansand to a new JV company created by SBB and Mæland, for MNOK 200 (EUR 20M).

Pareto Purchases Logistics Portfolio

Norway — Pareto Eiendomsfellesskap (“PEF”) acquired a portfolio of logistics properties in the greater Oslo region.

Sagax Acquires Eight Properties

Sweden — Sagax has through five separate transactions agreed on the acquisition of eight properties in the Netherlands, three properties in Paris and one property in Stockholm. The total investment amounts to MSEK 200.

Balder Makes First London Acquisition

Sweden — Balder has acquired 8 Fenchurch Place in the city of London. The property has a lettable area of just over 9,000 sqm and is rented mainly to insurance companies and consulting companies with a remaining average term of 9 years. The investment amounts to GBP 75 million and has rents of GBP 4.4 million.

Erik Selin.

“London is the Capital of Europe”

Sweden — Erik Selin tells more about what caused Balder to hit in England – and why he doesn’t fear Brexit.

Sampsa Apajalahti.

Why Helsinki Still is Attractive

Finland — Capman’s Investment Director Sampsa Apajalahti comments on the big acquisition, the multiple strategies and thoughts about the Helsinki market. “Attracts good investors.”

Matthias Cordier is satisfied with the acquisition i Bjørvika, Norway.

“We’re Continuing to Explore Opportunities”

Norway — The global giant Madison made a huge investment in Oslo’s record project. Head of Investment Matthias Cordier describes Madison’s take on the Norwegian market and where else in the Nordic region they can make acquisitions.

Bjørvika.

Madison International Realty Acquires in Oslo

Norway — Madison International Realty acquires majority of the ground-level commercial assets in Bjørvika, Norway’s largest urban development.

Capman Acquires from Icecapital – Grows Residential Mandate for BVK to EUR 820M

Finland — Capman Real Estate has completed the acquisition of a residential portfolio from the Finnish fund manager Icecapital and its local investors for a fund on the account of Bayerische Versorgungskammer (BVK), Germany’s largest public pension fund group.

The New SKF HQ.

SKF Relocates Headquarters

Sweden — SKF has now been granted a building permit to reconstruct the old central warehouse in SKF's production area into a dynamic and energy-efficient office building.

British prime minister Theresa May and Fastpartner CEO Sven-Olof Johansson.

“It’s Not Going Well Anywhere in Europe”

Sweden — Brexit is approaching quickly with the British Parliament vote on Tuesday. Sven-Olof Johansson, CEO at Fastpartner, comments on the effects on the real estate market and uncertainty during 2019.

Stefan Gattberg.

Pareto's Takeoff in 2019: Continues to Invest Offensively

Denmark — Stefan Gattberg, Head of Investment Banking and Project Finance at Pareto, after the hotel purchase in Copenhagen and how the view on the Nordic countries differs worldwide. "We understand the difference."

Rolf Thorsen.

Why the Norwegian Owners Sell to Global Giant

Norway — American Madison is investing in Norway's largest urban development project of all time. The Norwegian company's CEO comments on why they could not resist the American bid, future transactions, and how many were fighting for the historical project.

Scandic Hotel in Scanport Copenhagen.

Skanska Sells Copenhagen Hotel to Pareto Company

Denmark — Skanska has divested a hotel building in Copenhagen for MDKK 670 (EUR 90M). The buyer is City Danmark A/S – a company established by Pareto Securities.

Peab Builds in Turku

Finland — Peab has been commissioned to build two residential buildings, a parking garage and a business premises on Brahegatan in Turku.

Logicenters and Kilenkrysset to develop new logistics park.

Develops the Largest Logistics Park North of Stockholm

Sweden — Logicenters and Kilenkrysset collaborate to develop a 150,000 sqm logistics park in Håbo, North of Stockholm.

Hallgeir Åndal.

After the Success – Thon Tackles the E-Commerce Threat

Nordic — CEO Hallgeir Åndal on why they succeed in Sweden and the challenges for Thon's shopping centers in the Nordic countries. "We are restructuring to a great extent."

Turning Torso will soon lose its place as the tallest building in the Nordic region - and might slide down to a fourth place. "Den stora blå" in Oslo and Karlatornet in Gothenburg will be taller.

The Battle of the Towers: The Nordic Countries are Fighting for the Throne

Nordic — Nordic Property News lists the highest buildings in the Nordic region – soon the leader will be dropped from the top 3.