Ilmarinen Invests in Office Property

Finland Finland — Ilmarinen has expanded its real estate investments in Germany by acquiring an office property located at the heart of Frankfurt.
TOP 4 Nordic
Lary Marben.
Nordic Nordic —
Patriam strengthens its team with project development manager
Joakim Arvius.
Nordic Nordic —
Joakim Arvius leaves Colliers
Christian Winther.
Nordic Nordic —
“It is about securing continuity and maintaining momentum”
Carl-Johan Hugner.
Nordic Nordic —
Nyfosa buys in Norway and sells in Sweden

Bryn Eiendom Purchase Two Properties

Norway Norway — Bryn Eiendom has bought another two properties at Bryn, and now owns approx. 106,000 square meters of commercial buildings in the area.

Aberdeen on New Investment Strategy and Nordic Focus

Nordic — Aberdeen Standard Investments sells in Linköping to free up capital for new investments. Patrik Westerberg, Senior Transactions Manager at Aberdeen, tells Nordic Property News of the investment strategy and where in the Nordics they are looking.
Rutger Arnhult.

Klövern CEO Becomes Largest Owner in Castellum

Sweden Sweden — Rutger Arnhult, CEO of Klövern, and large owner of Corem, Klövern and Sagax becomes the largest owner in listed Castellum. He tells Nordic Property News of the future of the company and his feelings on his ownership.

Corem Acquires in Stockholm

Sweden Sweden — Corem expands in Stockholm by acquiring nine properties in Jordbro in southern Stockholm from Kaj Nilsson Holding.

"This Is Just the Beginning"

Finland Finland — The Finnish market is scolding hot to foreign investors. Lately traditional investors like Swedes and Germans have gotten company from a new group: Asian investors. Ville Suhonen, Cushman & Wakefield, tells Nordic Property News of the trend.

Why Corum Enters the Finnish Hotel Game

Finland Finland — Corum Asset Management keeps the investment pace up on the Finnish market. With a transaction completed Philippe Cervesi, Investment Director at Corum, tells Nordic Property News why they wanted to enter the Finnish hotel business, and what’s next for the company in Finland: “We have no limit in terms of exposure.”
Filbytergallerian.

Aberdeen Sells in Linköping

Sweden Sweden — Aberdeen Standard Investments’ Pan-Nordic core fund "Aberdeen Property Nordic Fund 1 SICAV-FIS" sells the property Apoteket 9 in Linköping to Vasaparken Fastighets AB.

Corum Makes Hotel Acquisition

Finland Finland — Renger Investment Management (RIM) continues its cooperation with Corum Asset Management in its expansion into the Nordic real estate market. Corum AM has, on behalf of its fund Corum Convictions SCPI, acquired a portfolio of 6 hotel assets across Finland. Vendor is CapMan Hotels RE Ky.

Vasakronan Issues Green Commercial Paper to Finance Green Assets

Sweden Sweden — In November 2013, Vasakronan issued the world’s first green corporate bond. Since then, bonds totalling SEK 18.5 billion have been issued making Vasakronan the Nordic region’s largest issuer of green corporate bonds. Now the company is issuing the world’s first green commercial paper, with the funds earmarked for green assets.

Slaughterhouses to Become Apartments

Denmark Denmark — Danish Crown sells a slaughtering ground to Skive Municipality. The slaugtherhouses are to be converted into apartements.
Karl Persson.

Why Cushman & Wakefield Increases Their Nordic Focus

Nordic — New Head of Sweden tells Nordic Property News why Cushman & Wakefield will increase their focus on Nordic collaboration.
Andreas Adolphsson.

Strong Increase in Swedish Property Tax in 2019

Sweden Sweden — The Swedish Tax Agency's guideline values for property taxation in 2019 show substantial increases in the valuation values and property tax can be found, especially in Stockholm, Gothenburg and Malmö. Andreas Adolphosson, Grant Thornton, comments on the numbers: ”Areas where the increase is about 100 percent.”
NCC Acquires Bromma Project.

NCC Purchases in Stockholm – Invests SEK 2.5 billion in Development Project

Sweden Sweden — NCC is purchasing a property from ICA Fastigheter with approximately 50,000 square meters of development rights for offices, retail and a hotel. NCC has also signed 15-year leases for approximately 20,000 square meters.
Nya Vattentornet 3 in Lund.

Wihlborgs Acquires in Lund

Sweden Sweden — Wihlborgs has signed an agreement for the acquisition of the Nya Vattentornet 3 property in Lund with a lettable area of 21,700 sqm, comprising primarily office space. The transaction price is MSEK 570 (EUR 55M).

EQ Buys Property in Tampere

Finland Finland — OP Toimitilakiinteistöt has sold a property in Tampere to EQ Hoivakiinteistöt.

Sehested Group Becomes Part of CBRE

Denmark Denmark — As of 1 November 2018, Sehested Group becomes part of CBRE.
Huhtamaki Factory in Hämeenlinna.

YIT to Build New Production, Storage and Office Premises for Huhtamaki

Finland Finland — YIT will expand and renovate Huhtamaki’s production, storage and business premises in Hämeenlinna, Finland. The customer in the project is NREP Logicenters, a Nordic developer and owner of modern logistics properties. The turnkey contract includes a new building of around 15,000 square metres and the renovation of 2,700 square metres of existing premises.
Karl Persson and Marie Cronström.

Cushman & Wakefield Announces New Leadership Team in Sweden

Sweden Sweden — Cushman & Wakefield has appointed Karl Persson and Marie Cronström to lead its business in Sweden.
Colin Waddell.

“It Is Driving Prices Up to Unprecedented Levels”

Finland Finland — CBRE Finland’s new MD Colin Waddell, tells Nordic Property News his views on the Finnish market and the large foreign interest in Finland.

Related article Colin Waddell on his New Position as MD of CBRE Finland

Why Logistics Gets Forgotten in City Planning

Sweden Sweden — Eva Landén, CEO of Corem, gives her view on why logistics gets forgotten in a society where e-commerce is increasingly important – and a possible solution to meet the demand.
Stenvalvet acquires from Örebroporten.

Stenvalvet Acquires for EUR 76M

Sweden Sweden — Stenvalvet has acquired the properties Athena 5 and Athena 19 in Örebro from Örebroporten for approximately MSEK 800 (EUR 76M).

Catena Purchases 450,000 sqm in Stockholm

Sweden Sweden — Catena has signed a deal with Smedberg Logistik- & Industrimark to purchase 450,000 sqm land in Nykvarn in southern Stockholm.

D Carnegie Changes Name to Hembla

Sweden Sweden — Through the proposed name change, the Blackstone company wants to further emphasize the core of its business model. The name is intended to clarify the company’s orientation and Hembla associates to something that is central in most people’s lives.

Blackrock Acquires Office Building in Helsinki

Finland Finland — Blackrock Real Assets and Institutional Investment Partners (2IP) have acquired an office building in Helsinki from a fund managed by AXA IM Real Assets.