Västberga Handel.

Atrium Ljungberg Sells Västberga Handel

Sweden Sweden — Atrium Ljungberg has concluded an agreement on the sale of the Arbetsstolen 3 property in Stockholm, better known as Västberga Handel. The purchase price is based on an underlying property value of MSEK 437 (EUR 43M). Balder-owned Serena Properties is the buyer.

Jeudan's EUR 214M Investment Cancelled

Denmark Denmark — Jeudan's DKK 1.6 billion investment in PWC's new Copenhagen domicile is cancelled.

Swedish Hotshots on their New Company

Sweden Sweden — Swedish real estate hotshots Erik Selin, Greg Dingizian and Peter Strand has formed a new company focusing on logistics. Chairman Peter Strand tells Nordic Property News of the the structure of the company and why the chose to focus on logistics.
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NCC to renovate an office into a hotel at the main railway station in Helsinki.

NCC Turns Office Into a Hotel at the Helsinki Central Station

Finland Finland — NCC has been selected to renovate an office into a hotel at the main railway station in Helsinki, Finland. The value of the project is about MSEK 740 (EUR 72.5M) and the customer is the real estate investment company Exilion.
Rikshem acquires in Norrköping.

Skanska Sells Development Project to Rikshem

Sweden Sweden — Skanska divests Bergskvadraten development project in Norrköping, Sweden, to Rikshem for about MSEK 490 (EUR 47.7M). The block contains 101 apartments with garage and 72 nursing homes.

After Vonovia’s Entry – Here Are Victoria Park’s Acqusition Plans for 2019

Sweden Sweden — It was one of the defining moments of 2018 on the Swedish real estate market when Vonovia acquired listed Swedish Victoria Park. Since the German owner’s entry Victoria Park has completed one acquisition – but they are looking for more. Here are Victoria Park’s acquisition plans for 2019.

Blackstone Makes EUR 134M Acquisition in Denmark

Denmark Denmark — Blackstone acquires 424 apartments in Frederiksberg for EUR 134M from Frederiksberg Boligfond.

Why It Is Harder to Find Attractive Yields in Norway

Norway Norway — Niam sells an office property in Stavanger to HIG Capital. Kjell Sagstad, Country Manager Norway, tells Nordic Property News about the divestment, the oil’s effect on the Stavanger market and why it is currently harder to find attractive opportunities in Norway than the rest of the Nordics.

Forms New Logistics Company

Sweden Sweden — Erik Selin, Greg Dingizian, Peter Strand and Mikael Hofmann initiates a warehouse and logistics venture – Swedish Logistics Property.
Anders Kupsu.

Anders Kupsu Leaves Skandia Fastigheter

Sweden Sweden — Skandia Fastigheter's CEO Anders Kupsu steps down after nine years at the helm.

Technopolis Invests in Vilnius

Finland Finland — Technopolis will invest a total of EUR 51.9 million in organic expansion in its existing Ozas Campus in Vilnius, Lithuania.

Vasakronan Sells to Stena

Sweden Sweden — Vasakronan sells properties in Lund to Stena Fastigheter for MSEK 370 (EUR 35.7M).

Yays Plans Nordic Expansion

Nordic — Amsterdam-based serviced apartment investor and operator Yays has announced an ambitious European growth plan, with a mission to grow to 2000 units by 2023. Yays is focusing its aggressive expansion on Benelux, France, Germany, Scandinavia, Spain and Switzerland with the ability to acquire real estate and operate on a lease basis.

Reactions to EQT's Offer for Stendörren

Sweden Sweden — Another company acquisitions is under way in the Nordics as EQT Partners has made an offer for Stendörren. The CEO and second largest owner gives Nordic Property News their view on the new owner.

Winner and Loses on the Stock Exchange

Nordic — How did the Nordic real estate companies perform on the stock exchange in November? Nordic Property News has the list.

Skanska Sells Two Office Buildings in Katowice

Sweden Sweden — Skanska has sold buildings C and D of the Silesia Business Park office complex in Katowice. The buyer is ISOC Group, a diversified real estate and infrastructure investment group, based in Manila, Phillipines. The value of the transaction is EUR 59M.
Martin Lindgren

Unibail-Rodamco-Westfield Adds Keyplayer

Nordic — Unibail-Rodamco-Westfield continues to gear up in the Nordics. On Thursday it was finalized that the new Director of Operations will be Martin Lindgren formerly of JLL. He tells Nordic Property News what it was about Unibail that attracted him, what it feels like to reenter the owner side and how he wants to develop the company in the Nordics.
Lars-Peter Søbye, CEO of Cowi, and Peter Hartmann Berg, CEO of Arkitema Architects.

Cowi Acquires Arkitema: "It Does Not Stop Here"

Nordic — Cowi strengthens their position by acquiring Arkitema Architects. Lars-Peter Søbye, CEO of the Danish powerhouse, tells Nordic Property News of the acquisition, Cowi’s new position and the possibility of acquiring more companies going forward.
Jollyroom Rents 19,000 sqm from Prologis.

Jollyroom Rents 19,000 sqm from Prologis

Sweden Sweden — Prologis announced today that they have signed a lease with Jollyroom for close to 19,500 sqm in the Gothenburg Park II, DC2 and DC3, in Torslanda, Gothenburg.

Conficap Sells Logistics Center in Örebro

Nordic — Conficap Oy sells its logistics center in Örebro, Sweden to a professional investor club.

Technopolis to Invest EUR 94M in Espoo

Finland Finland — Technopolis will invest a total of EUR 94.1 million in organic expansion in its existing Otaniemi Campus in Espoo, Finland. The project will consist of three phases to be built in 2018–2024. It will add around 19,000 sqm to the rentable area of the Otaniemi campus, bringing the total to nearly 78,700 sqm upon completion of this project.

Stendörren Acquires in Västerås

Sweden Sweden — Stendörren makes an additional purchase to the Västerås portfolio acquired from Castellum.

"Investors Focus Too Much on Helsinki"

Finland Finland — Hemsö invests EUR 130 million in Turku. The company’s Head of Asset Management Finland, Jarkko Leinonen, tells Nordic Property News about the investment, the strengths of Turku and the benefits of expanding outside of Helsinki.

How Kungsleden Will Spend the Money from the Eskilstuna Exit

Sweden Sweden — Kungsleden's deputy CEO on leaving Eskilstuna and where they will spend the money from the divestment to Regio.

Hemfosa Acquires LSS Homes

Sweden Sweden — Hemfosa is acquiring a further four LSS homes in Sweden from Emrahus at a total property value of MSEK 103. The acquisition is part of Hemfosa’s cooperation with Emrahus regarding the acquisition of completed and leased LSS homes, and contributes to strengthening Hemfosa’s position as a specialist in community service properties.