Largest Swedish Transactions of Q1 2018

Sweden Sweden — The Swedish transaction market during Q1 2018 has dropped compared to last year. Still some larger transactions has been made and Nordic Property News has listed the ten largest in the first quarter.
TOP 4 Nordic
Mikael Åslund.
Nordic Nordic —
“Can save a quarter of a million per newly built apartment”
Helena Paulsson, head of Afry Architects, and Thomas Sandell, cheif architect.
Nordic Nordic —
"Our supply is being sharpened towards the market"
Blackrock is among the largest owners in several of the listed Nordic real estate companies.
Nordic Nordic —
The development of Blackrock’s ownership in listed Nordic companies
Christian Fredrixon, Kristina Sawjani and Henrik Brinck Landelius.
Nordic Nordic —
The hottest free agents in the industry

SBB Purchases in Stockholm

Sweden Sweden — Samhällsbyggnadsbolaget i Norden purchases the leasehold of the Stockholm Vårholmen 6 property in Vårberg city center - newly produced apartments and a preschool adjacent to Vårberg subway station.

Related article Swedish Company Sells School Property to Instill Courage in Shareholders Related article Ilija Batljan on SBB's First Finnish Venture

Wahl Acquires in Central Oslo

Norway Norway — Wahl Eiendom has purchased the Karl Johans gate 17 property.
Keith Silverang.

Technopolis Expands to Denmark

Denmark Denmark — Technopolis is opening a new coworking space in downtown Copenhagen in September 2018.

"Kolding is a Key City"

Denmark Denmark — Niam continues their Danish expansion. After acquiring four office properties in Kolding, Kristian Krogh, Head of Denmark at Niam, tells Nordic Property News of the importance of The Triangle Area.

Trevian Divests 12 Commercial Properties

Finland Finland — The properties are a part of Trevian Asset Management’s Forte portfolio and the buyer is Elite Kiinteistökehitysrahasto I Ky.

Skanska Invests EUR 96M in Office Project in Helsinki

Finland Finland — The building will be the office for the European Chemicals Agency, ECHA, who signed the lease agreement in December 2017.

Swedish Company Sells School Property to Instill Courage in Shareholders

Norway Norway — SBB made a large divestment in Norway when they sold a school property for MNOK 415.5 (EUR 43M) to British Aviva Investors. CEO Ilija Batljan tells Nordic Property News why the sale of the building – that granted a MNOK 83 (EUR 8.6M) return on equity since acquired by SBB just ten months prior – had important symbolic value.

Skandia Sells Stockholm CBD Property to Axfast

Sweden Sweden — Skandia Fastigheter sells the office property Boken 6 in Stockholm CBD to Axfast.

CBRE Sells in Helsinki

Finland Finland — CBRE Global Investors has successfully completed the sale of the inner-city block Kluuvi to AXA IM - Real Assets, acting on behalf of one of its clients.
Tomas Carlsson.

NCC’s New CEO to Take Over in May

Sweden Sweden — Tomas Carlsson, who has been appointed as the new President and CEO of NCC, will assume the position on May 7th, nearly two months earlier than planned. Tomas Carlsson is currently employed at the listed architecture and engineering consultancy Sweco.

Peab Builds Senior Housing for EUR 62M

Norway Norway — Peab has been commissioned to build Alta Senior Living in northern Norway. The customer is Alta Municipality and the contract is worth about EUR 62M.

Niam Acquires in Kolding

Denmark Denmark — Niam has acquired four office properties of 21,000 square meters i Kolding, Denmark.
Greg Dingizian.

Victoria Park Founder and Main Owner on Starwood Bid

Sweden Sweden — Victoria Park founder and main owner, Greg Dingizian, tells Nordic Property News about accepting Starwood's offer and what's to come.

Related article Starwood Makes Offer for Listed Swedish Company

Blackstone-owned D Carnegie Completes New Major Deal

Sweden Sweden — D Carnegie acquires 1,274 apartments in Stockholm from Byggmästare Anders J Ahlström for SEK 1.67 billion (EUR 162M). Mikael Ahlström, the seller's chairman of the board and main owner, tells Nordic Property News of the structure of the major transaction.

Largest Rental Income Growth in Sweden

Sweden Sweden — How was the rental income evolve for the listed Swedish real estate companies in 2017? Nordic Property News presents a list of the rental income development.

Starwood Makes Offer for Listed Swedish Company

Sweden Sweden — Starwood Capital Group has made a public cash offer to the shareholders of Swedish listed residential company Victoria Park. Owners of 31.5 percent share of the votes – including main owner Greg Dingizian and Balder CEO Erik Selin – have accepted the offer. Erik Selin tells Nordic Property News why and his thoughts on the process.

Hemfosa Acquires in Bergen

Norway Norway — Hemfosa Fastigheter has acquired the property Hansagården in Bergen, with a high proportion of tenants in the community services sector. Hemfosa already owns a community service property in the Bergen area and this acquisition strengthens its position in community service properties in western Norway.

JM Acquires Property Outside of Oslo

Norway Norway — JM has signed an agreement with the Norwegian pension company KLP for the acquisition of the Bergerveien 12 property in Asker. The deal is worth approximately EUR 33M. Occupancy of the property will take place during Q1 2018 and payment during Q2.
Anders Nissen.

Pandox Divests Hotel in Kiruna

Sweden Sweden — Pandox has entered into an agreement to divest the hotel property Hovmästaren 1 (Scandic Ferrum) in Kiruna for EUR 28M. The buyer is the state-owned mining company LKAB and the date of transfer is planned to December 1st 2018.

Skanska Builds Apartments in Jätkäsaari

Finland Finland — Skanska has signed an agreement with the City of Helsinki to build 223 apartments in Jätkäsaari. The contract is worth EUR 41,5M and will be included in the order bookings for the first quarter of 2018.

Why Corpus Sireo Starts in Helsinki

Finland Finland — Corpus Sireo looks to make a push towards for all the Nordic markets. Manuel Böcher, Head of International Investment, tells Nordic Property News why they are looking to start with Finland.
Visualization of the new entrance.

Criticized Abu Dhabi Project in Stockholm CBD Risk Further Delay

Sweden Sweden — The stranded conversion plans are fixed on remittal and now decisions may not be made until after the election.
New apartments to Lyngby.

639 Student Apartments to Lyngby

Denmark Denmark — Basecamp Student are in charge of the project, worth approximately EUR 71M.

JM to Develop in Stockholm

Sweden Sweden — JM has signed a development agreement with the City of Stockholm for the acquisition of land in the Persikan area in central Stockholm. The area’s detailed plan has gained final approval, and JM can develop approximately 280 residential units.