Italian Giant on Nordic Entry and Future

Nordic — The Italian insurance giant Generali has through its real estate division entered the Nordics. With the first acquisition in Copenhagen completed Giuseppe Cerami, Real Estate Investment Manager at the company, tells Nordic Property News of Generali’s view of the Nordic markets and what they are looking for going forward.

Urban Investment Acquires Urban Environment House

Finland Finland — The Helsinki City Board has decided to sell the Urban Environment House in Kalasatama, now under construction, to Union Investment for EUR 165M.

New Troubles for Swedish Company in Turmoil

Sweden Sweden — A former CEO charged with fraud, a board that left in protest – now new clouds loom on the horizon.

Norges Bank Sells Logistics

Norway Norway — The partnership between Norges Bank Real Estate Management and Prologis has sold 37 logistics properties located in Seattle, Chicago, Dallas, New Jersey, South Florida, France, Poland, Hungary and the Netherlands.

NCC to Sell Office Project in Helsinki

Finland Finland — NCC is selling its Fredriksberg office project in Helsinki for approximately MSEK 460 (EUR 44M) to Swiss Life Asset Managers.

Skanska Invests EUR 55M in Copenhagen Office Project

Denmark Denmark — Skanska has started the first phase of the office complex Cph. Highline at Havneholmen in Copenhagen, representing an investment of MDKK 412 (EUR 55M).

Norges Bank Makes EUR 361M Acquisition

Norway Norway — Norges Bank Real Estate Management has acquired a 100 percent interest in an office property located on 60 Holborn Viaduct in Central London.
Oslo Areal sells the property Stortorvet 1-3 in Fredrikstad.

Oslo Areal Sells to Fredriksborg

Norway Norway — Oslo Areal sells a property in Fredrikstad to Fredriksborg Eiendom.

Bonava Sells in Stockholm

Sweden Sweden — Bonava carries out investor transaction and sells 66 rental apartments in Ursvik to Willhem.

Generali Makes Danish Entry

Denmark Denmark — Generali Real Estate S.p.A. has completed, on behalf of Generali Group’s GEIH (Generali Europe Investments Holding) Fund, the acquisition of a prime high-street retail asset in central Copenhagen.
Sofia Rozlucki.

CBRE Hotter than Apple and Tesla

Nordic — CBRE Sweden’s HR Manager tells Nordic Property News how the company topped giants like Tesla and Apple in Forbes' ranking.
Victor Persson.

Blackrock's Future in the Nordics

Nordic — Blackrock keeps the spotlight on the Nordics. After recently having made there first acquisition in Finland Victor Persson, Vice President of Blackrock Real Asset, tells Nordic Property News what's next for Blackrock in the Nordics and how important the market is to the American giant.

Bonava Divests Copenhagen Project

Denmark Denmark — Bonava is selling a rental project in the Køge Kyst district outside Copenhagen, Denmark. The purchaser is the PFA Ejendomme A/S pension fund, and the transaction covers two projects with a total of 137 rental apartments.

Niam Sells to Pensam

Denmark Denmark — Niam sells a 42,000 sqm office property in Copenhagen to the Danish pension fund Pensam.

"It Is a Win-Win for Both!"

Sweden Sweden — SBB sells a portfolio of 39 properties for SEK 1.153 billion (EUR 111M) and simultaneously creates a JV with the buyer Property AD – to divest the portfolio. CEO Ilija Batljan tells Nordic Property News about cooperation with Property AD, why they are looking to divest the portfolio and SBB's focus going forward.

The Largest Swedish Q3 Transactions

Sweden Sweden — Nordic Property News lists the ten largest transactions in Sweden during Q3 2018.
Castellum Invests EUR 116M in New Premises for The Swedish Courts.

Castellum Invests EUR 116M in New Premises for The Swedish Courts

Sweden Sweden — The government has approved the Swedish Court (Domstolsverket) tenancy application and a rental agreement has been signed between the Swedish Courts and Castellum. Castellum is planning new construction of 25 000 sq.m. modern courtroom premises in the centrally situated Nyhamnen area of Malmö. The investment, calculated at SEK 1.2 billion (EUR 116M), constitutes a significant part of Castellum’s strategy towards further growth in the Öresund area, and is one of Castellum’s largest projects of all time.

Skanska Sells Office Building in Warsaw

Sweden Sweden — Skanska has sold the first phase of the Spark office complex in Warsaw to a real estate fund of KGAL Investment Management GmbH & Co. KG. The value of the transaction is worth EUR 48M.
Claus Mathisen.

Change in CEO at NREP: “Different Mindset and Leadership”

Nordic — NREP changes CEO with Claus Mathisen succeeding Mikkel Bülow-Lehnsby, who’s continuing to work in NREP’s executive committee. Mikkel Bülow-Lehnsby tells Nordic Property News of the changes, why Claus Mathisen is the right person at CEO, his own new role and the strategies of NREP going forward.
Victor Persson.

American Giant Enters Finland

Finland Finland — Blackrock increases their Nordic footprint by acquiring an office building in Helsinki. Victor Persson, Vice President, Blackrock Real Assets, tells Nordic Property News of the acquisition in Ruoholahti and their view of the Finnish market.

Fastator Acquires Portvakten Industrifastigheter

Sweden Sweden — Fastator becomes the sole owner of Portvakten Industrifastigheter after acquiring the remaining 50 percent of the company from Portvakten's CEO and owner Per-Axel Bengtsson.
Peab builds apartments in Ålesund.

Peab Builds Apartments in Ålesund

Norway Norway — Peab builds apartments in Ålesund in western Norway for Fri Sikt Dalsberga.

New MD of Skanska Commercial Property Development in Finland

Finland Finland — Martin Kron has been appointed Managing Director of Skanska Commercial Property Development in Finland. He succeeds Björn Mattsson, who has been appointed Managing Director of Skanska Housing Development in Central Europe.
Aspelin Ramm acquires in Torslanda, Gothenburg.

Aspelin Ramm Purchases in Gothenburg

Sweden Sweden — Aspelin Ramm has bought a lot in Torslanda, Gothenburg, of about 38,000 sqm land and 14,000 sqm of local area adapted for logistics or manufacturing.

VVT Acquires a Logistics Property Close to Helsinki Airport

Finland Finland — VVT Property Fund I Ky has bought a logistics property close to Helsinki Airport from Union Investment. The entire 6 600 square meter building is leased to Dayton Group.