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.
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
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.

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.

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.