News | Nordic Property News

Finland's First Business Park Spektri to be Unified

Finland — Spektri Kiinteistöt Ky, company established by the current owners of Finnish business park Spektri – Mutual Pension Insurance Companies Ilmarinen and Varma, together with the Helsingin Seurakuntayhtymä, and Yle Pension Fund – has acquired the real estate company Kvartti of Spektri. Trevian will manage the business park and acted as an advisor in the acquisition.

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

SBB Acquires Saab Kockum's HQ

Sweden — SBB has acquired Saab Kockum's HQ in Karlskrona. SBB are looking to turn the office building into a school.

Willhem acquires in Täby.

Willhem Purchases for EUR 46M

Sweden — Willhem is expanding their portfolio in Stockholm by acquiring residential in Täby, Stockholm, from SSM.

”Swedish Companies Act Too Cowardly”

Sweden — Why does Rutger Arnhult head towards the American market and why does he believe Swedish companies act too cowardly?

Who Owns Sweden's Most Expensive Buildings?

Sweden — The Swedish crown jewels are stored in the Royal Palace in Stockholm. But who owns the real estate crown jewels of Sweden? Nordic Property News has the complete list of owners of the 20 most expensive properties in Stockholm, Gothenburg and Malmö.

Pandox Acquires The Midland Manchester

Sweden — Pandox has entered into an agreement to acquire The Midland Manchester, which is an iconic upper premium hotel with 312 rooms in the heart of Manchester in the UK. The transaction is made with Fattal Hotels Group as operating partner, whereby Pandox, following a legal reorganisation, will retain the property and the hotel operations will be transferred to Fattal. The total transaction value amounts to approximately MGBP 115, whereof the value of the hotel property amounts to MGBP 102.

Pensam Looks to Acquire Gabriel Ejendomme

Denmark — In March 2016, management started the process of selling the subsidiary Gabriel Ejendomme A/S. Gabriel Holding A/S has today signed a Letter of Intent with the pension group Pensam with a view to selling the entire share capital of its fully-owned subsidiary Gabriel Ejendomme A/S.

Heimstaden Enters New Market

Nordic — Heimstaden has completed its first transaction in the Netherlands. The property is located in Utrecht and consists of smaller apartments in close proximity to the university.

Blackrock Makes Second Finnish Purchase

Finland — Blackrock has completed their second Finnish purchase and acquired the landmark building located at Erottajankatu 2 in Helsinki.

Keith Silverang.

“A Feeling of Being in Limbo”

Nordic — Technopolis CEO Keith Silverang on the time passed since the Kildare offer, the UMA expansion in the Nordics and entering Poland.

Union Investment’s Next Step in the Nordics

Nordic — Union Investment has been an active player in the Nordics. With several purchases in Arenastaden, Stockholm from Fabege and series of recent acquisitions and divestments in Finland Kubilay Özbisikletci, Senior Investment Manager Nordic Region at Union Investment Real Estate, tells Nordic Property News of Union Investment’s Nordic focus going forward.

Logicenters Acquires in Logistics Property

Norway — Logicenters expands the property portfolio in Norway with the purchase of a newly developed logistics facility in Råde, 70 kilometers from Oslo.

Gefion Looks to Acquire Victoria Properties

Denmark — Gefion Group A / S has just announced that it will submit a takeover bid to the shareholders of the listed property company Victoria Properties A / S. The plan is to create an operating company with a significant property portfolio.

Change in CEO at SGBC

Sweden — Cecilia Ehrenborg Williams steps down as CEO of SGBC. John Söderberg steps in as acting CEO.

Corem Letts out 6,600 sqm

Sweden — Corem has signed an agreement to lett out to Gastro Food in Jönköping. The length of the lease is eight years.

"Foreign Investors Will Keep Being Quite Active"

Finland — Last week NCC sold an office building in Helsinki to Swiss Life and keeps the pace up on the Finnish market. Petri Bergström, Head of NCC Property Development Finland, tells Nordic Property News of the divestment, what next for NCC PD and how he believes the foreign interest in the Finnish market will develop.

Linus Ericsson.

How the New CEO Wants to Develop JLL

Sweden — JLL Sweden has named Linus Ericsson as Daniel Gorosch’s successor. The new CEO tells Nordic Property News how the company will develop and how they want to expand.

The Big Blue.

Wingårdhs Creates World Ocean Headquarters

Norway — The building in Oslo will, among other things, serve as a hub for the UN's "Our Ocean, Our Future: Call for Action", the political momentum built to save the oceans of the world.

SBB Acquires from Jefast

Sweden — SBB continues to grow in Höganäs through the purchase of two community properties and eight residential properties from Jefast.

UMA Götgatsbacken in Stockholm.

Technolis Opens New UMA's in Stockholm and Espoo

Nordic — Technopolis’ coworking network, UMA Workspace, is expanding full force. Four new spaces will open in 2019 and 2020. Two new UMAs will open in Stockholm, one in Espoo and another one in Warzaw as Technopolis makes their entry on the Polish market.

Lundbergs invests in new Linköping office project.

Lundberg Makes Large Linköping Investment

Sweden — Lundbergs invests approximately MSEK 570 in an office project in central Linköping. The office building of approximately 13,500 sqm of lettable area and garage is scheduled for construction during the first half of 2019 and is expected to be ready for occupation in the second half of 2021. Rental agreements with Danske Bank of approximately 4,000 square meters have already been signed.

Rental Levels in Booming City

Sweden — Gothenburg is among the most expansive cities in the Nordics. Several major projects are on their way to meet the expected population growth of 30 precent by 2035. Nordic Property News presents figures for rental levels in the city.

Kubilay Öezbisikletci.

Union Investment on Major Helsinki Purchase

Finland — Union Investment keeps the activity up on the Finnish market. After recently divesting two properties the German company made a massive acquisition by purchasing the Urban Environment House for EUR 165M. Kubilay Özbisikletci, Senior Investment Manager Nordic Region at Union Investment Real Estate, tells Nordic Property News of the acquisition and his view of the Finnish market.

Facebook Plans for Large Centre in Esbjerg

Denmark — Facebook is planning for a 250,000 data centre in Esbjerg.

Trophi Acquires in Finland

Finland — Trophi acquires two properties totaling 4,000 sqm located in Kalajoki and Nivala.