Citycon Sells Stockholm Shopping Center to Artmax

Sweden Sweden — Citycon has entered a deal with Artmax regarding the divestment of the Åkermyntan shopping center in Stockholm. Furthermore, Citycon has developed and sold adjacent construction rights of approximately 7,000 square meter apartment buildings to a property developer.
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

"There Are Still Three Buyers for Every Seller"

Sweden Sweden — Peter Wiman, Head of Research and Head of Investment at Savills Sweden, shares his view on the beginning of the 2018 transaction year in Sweden and the Nordics.

Alm Sells Share in Ulvsunda Project

Sweden Sweden — Alm Equity has sold 36,25 per cent of the detail plan project Archimedes to investors for an underlying property value of EUR 46M.

YIT has Started Several Residential Projects

Finland Finland — YIT has started the construction of residential projects worth approximately EUR 125M in Finland, the Czech Republic and Estonia in March. The start-ups were recorded in first quarter of the year.

Big Swedish Push from Finnish Hotel Chain

Nordic — With the acquisition of Apartment HS Forenom consolidates their position as number one in Sweden regarding long-term accomondation. Mats-Erik Lidström, CEO at Forenom Sweden, tells Nordic Property News why the Finnish company steps on the gas pedel on the Swedish market.
Vestfjord Hotell Lofoten.

Eiendomsspar Buys Vestfjord Hotell Lofoten

Norway Norway — Eiendomsspar has entered into an agreement to purchase Vestfjord Hotell Lofoten with Norlandia Development, owned by the Adolfsen brothers.

Kojamo Divests Close to 1,600 Apartments

Finland Finland — Kojamo Group’s companies have signed an agreement whereby they will sell in total 1,594 rental apartments in 15 locations to a real estate fund managed by Morgan Stanley Real Estate Investing.

Norconsult to Buy Large Architectural Firm

Norway Norway — The biggest office of architecture in Norway is getting the biggest consultancy agency in Norway as its primary stakeholder when Norconsult buys 90 per cent of the shares of Nordic – Office of Architecture.
Old Karolinska.

Largest 2018 Transaction in Sweden Called Off

Sweden Sweden — Niam's SEK 2.3 billion acquisition of Old Karolinska will not be completed, Irene Svenonius, Financial County Commissioner, in Stockholm tells Nordic Property News.

Grosvenor Increases Stockholm Focus

Sweden Sweden — Carl Strufve, Director Nordics at Grosvenor Europe, tells Nordic Property News of the company's increased Stockholm focus.

OP Financial Group on Acquisition of Marimekko's HQ

Finland Finland — OP Financial Group has through its Finnish Real Estate Fund Finland III acquired the head offices of world renowned Finnish design company Marimekko in a sale and lease back transaction. Markku Mäkiaho, Managing Director of OP Real Estate, tells Nordic Property News of the key points in the acquisition, the importance of a keeping a long-term tenant and the transformation of the up and coming area Herttoniemi.

M7 Real Estate Buys in Denmark

Denmark Denmark — British M7 Real Estate continues to acquire in Denmark. This time with acquisitions in Odense and Vissenbjerg.
Brahelund 2.

Areim Signs Lease in Solna Port

Sweden Sweden — Areim has signed office leases totaling more than 8,000 square meters in the property Solna Brahelund 2, also known as Solna Port.

Related article Areim CIO on the New Major Transaction in Sweden and the Partnership with Blackstone

Newcomer to Open Flagship Store at Mall of Tripla

Finland Finland — The English sports retail giant JD Sports will open a flagship store in Finland in autumn 2019 as a part of the new urban centre Mall of Tripla in Pasila, Helsinki.
Keith Silverang, CEO of Technopolis.

"We Want to be the 500 Pound Gorilla of Coworking in Copenhagen"

Denmark Denmark — Technopolis CEO Keith Silverang on entering Denmark, their role on the Danish market and thoughts on further European expansion.

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.

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.