NCC to Build Kulturkvarteret in Örebro

Sweden Sweden — NCC is to build a cultural district in Örebro that will include such amenities as a public library and a cultural school. The client is the municipal property company Örebroporten Fastigheter AB, and the project is a turnkey contract in partnering.

Trevian Acquires in Jyväskylä

Finland Finland — Trevian makes two acquisitions from Finanssineliö.
Peab CEO Jesper Göransson.

Peab’s Model to Solve Residential Development

Sweden Sweden — Residential development in Stockholm is seeing tough times. Several smaller developers are struggling to stay a float but also the big dragons have to adapt and find new solutions. Jesper Göransson, CEO of the Swedish giant Peab, tells Nordic Property News of the company’s plans to solve the situation.
Pareto Divests XXL’s Logistics Centre to Aberdeen Standard Investments.

Pareto Divests XXL’s Logistics Centre to Aberdeen Standard Investments

Sweden Sweden — Pilängen Logistik, a company established and managed by Pareto, has today divested XXL’s logistics centre located in Örebro, Sweden, to Aberdeen Standard Investments for around MSEK 400 (EUR 38.5M).
Skanska's HQ i Ruskeasuo, Helsinki.

Corum Buys Skanska's Finnish HQ

Finland Finland — Corum Asset Management has acquired Skanska's headquarters in the Ruskeasuo area of Helsinki from Union Investment.
Porkkalankatu 3 located in Ruoholahti, Helsinki.

Genesta Acquires Helsinki Office Property

Finland Finland — Genesta has acquired the landmark office property Porkkalankatu 3 located in Ruoholahti, Helsinki from Niam.
Daniel Gorosch.

JLL Sweden's CEO Leaves the Company

Sweden Sweden — JLL’s CEO in Sweden, Daniel Gorosch, leaves the company after eleven years. He tells Nordic Property News of the decision to leave ’his baby’ and what’s to come next.

Swedish Big-Spender on the Hunt for More

Sweden Sweden — After making big investment in several Nordic countries over the last year. Ilija Batljan’s SBB adds a new major piece to the portfolio. With the latest acquisition in hand Batljan tells Nordic Property News of the new acquisitions on the horizon.
Alma acquires in Ljungby.

Alma Buys Industry Property

Sweden Sweden — Alma Property Partners acquires a 23,000 sqm industry property in Ljungby close to the E4 highway.

Why Vectura Puts a Nordic Expansion on Hold

Sweden Sweden — Vectura enters a new major life science project in Stockholm. CEO Susanne Ekblom tells Nordic Property News of the new venture, new possible life science investments and why a Nordic expansion is in the pipeline.

Five Brands Make Their Nordic Entrance at Mall of Tripla

Finland Finland — Mall of Triple outside Helsinki becomes home to five fashion brands making their entrance into the Nordic markets.

PFA Invests Record High EUR 885M in German Real Estate

Denmark Denmark — The pension fund PFA invests almost DKK 6.6 billion (EUR 885M) in German residential properties with additional development potential for over DKK 1 billion (EUR 134M). The investment comprises of almost 250,000 sqm mainly in larger German cities and PFA completes the investment together with the experienced German real estate investment manager Domicil Real Estate GmbH.

Tough Times for Danish Lowprice-chain in Sweden – Closes Store

Denmark Denmark — New losses requires owners to add more funding – while also closing a store.

Hoffmann to Build New Office for KLP

Denmark Denmark — Hoffmann builds a new office building for KLP Ejendomme at Kay Fiskers Plads in Copenhagen with a vision to create the framework for "future office environment" in Ørestad City.

Akelius Acquires 383 Apartments in Washington

Sweden Sweden — Akelius makes new US purchase for EUR 148M.

Stockholm Rental Levels

Sweden Sweden — The Stockholm office market keeps being one of the hottest in all of Europe. But what does the rental levels in different parts of the city look like? Nordic Property News can present a list of the levels all over Stockholm.

Legoland Looks to Expand

Denmark Denmark — Danish toy giant Lego looks to expand their park Legoland in Billund.

SHH Buys Building-Rights in Stockholm

Sweden Sweden — SHH Bostad acquires building-rights for approximately 160 homes in Tullinge, Stockholm, from Peab Bostad.

Shopping Center About to Switch Owner

Norway Norway — An Arctic Securities syndicate is looking to acquire a shopping center in Åsane from Scala.

Fabege Sells to Pareto Company

Sweden Sweden — Fabege has divested the Lagern 4 property in Solna for MSEK 268 (EUR 26M) to one of Pareto's newly formed companies.

Realkapital Investor Acquires in Oslo

Norway Norway — Realkapital Investor acquires a 11,200 sqm office and combination property in Oslo.

Hilton Foods Buys from Coop

Denmark Denmark — As Hilton Foods and Coop extend the company's cooperation agreement, Hilton Foods acquires the Coop property of 48,000 sqm in Aarhus, which they use to produce goods for the Danish market.
The building as seen from Hamngatan.

Here Is Apple's New Stockholm Flagship Store

Sweden Sweden — Apple has acquired the property that today hosts the TGI Fridays restaurant. The tech giant is hoping to move one step closer to opening up their Stockholm flagship store – but questions surround the detailed development plan.

Vectura in Large Stockholm Project

Sweden Sweden — Stockholms stad proposes land allocation to Vectura, which concerns the neighborhood Forskaren in central Hagastaden, Stockholm. The land allocation gives Vectura the opportunity to build a building that contributes to a world-class research and innovation cluster, as well as a place where Stockholm's knowledge exchange is in focus.

Tre Kronor on Norwegian Entry and the Differences Between Norway and Sweden

Norway Norway — The Swedish interest in the Norwegian market remains at a high level. That latest company to go west is the Catella company Tre Kronor Property Investment. CEO Michael Johansson tells Nordic Property News what makes the Norwegian market attractive and what differences he sees between Sweden and Norway.