Alna Senter.

After EUR 215M Divestment – Aspelin Ramm On the Hunt for New Investments

Norway Norway — Aspelin Ramm completed a giant divestment by selling the shopping center Alna Senter in Oslo for EUR 215M. The company's CEO, Gunnar Bøyum, tells Nordic Property News about the decision to sell after a 40 years of ownership and where they are looking for their next investment.
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
Olle Zetterberg.

Housing Shortage Possible Threat to Stockholm

Sweden Sweden — Olle Zetterberg, retiring CEO of Stockholm Business Region, sees possible clouds looming on the horizon for the Stockholm market going forward.

Fund Acquires Eight New Nursing Homes

Finland Finland — Evli Fund Management Company's Evli Healthcare I Ky fund has signed a contract to buy eight new Finnish nursing homes under construction.

Scala: "Size Matters"

Norway Norway — On the retail market, where there is an uncertainty regarding the future development of retail, one has to create strong companies. Salto Eiendom and Scala Retail Property in Norway have decided to merge. Hans Jørgen Mørland, CEO at the new formed company, tells Nordic Property News about the merger, future visions for the new company and his view on the development of the retail market.

Skanska Builds Multi-Purpose Building at the University of Turku Campus

Finland Finland — Skanska has signed a contract with The University Properties of Finland to build a new multi-purpose building in the campus area of Åbo Akademi University and the University of Turku in Turku, Finland. The contract is worth EUR 69M.

Vasakronan Sells to Trianon

Sweden Sweden — Vasakronan has signed a deal with Trianon regarding the divestment of the Smedjan 13 and 15 properties. The purchase price amounts to EUR 9M.

Why Barings Focus on Sweden and Finland

Nordic — Barings Real Estate made a big splash on the Nordic market by acquiring the highly sought after office building Fleming 7 in Stockholm CBD from Mengus. Gunther Deutsch, Head of Real Estate Transactions Europe at Barings, tells Nordic Property News his views on the Nordic markets, how the Nordic markets perform compared to the rest of Europe and why Barings focus on Sweden and Finland.

Three Companies to Develop New Block in Aarhus

Denmark Denmark — Dansk Boligbyg, Sweco and Pluskontoret to develop new 9,265 sqm project in Aarhus.

Skanska Sells Logistics Facility in Arlandastad

Sweden Sweden — Skanska has sold a logistics facility to be built in Arlandastad, Sigtuna, for about EUR 23M. The buyer is Logicenters.
Helsingin Pikkutylli.

YIT in Several Apartment Building Projects

Finland Finland — YIT has started several apartment building projects during April and May. The largest of the started projects include Helsingin Pikkutylli, Kauniaisten Kreivi and Vantaan Koukku, among others, with value of approximately EUR 50M in total.

Starwood Rejects Vonovia's Offer for Victoria Park Shares

Sweden Sweden — Starwood has announced that they do not intend to accept Vonovia's current offer of SEK 38 per Class A and Class B share and SEK 316 per preference share.

"The Strong Foreign Interest in Norwegian Real Estate Will Continue"

Norway Norway — Anders Solaas, newly appointed CEO for Cushman & Wakefield Realkapital, tells Nordic Property News of his views on the Norwegian market, the future development of foreign interest in Norway and what he can contribute to Cushman & Wakefield.

Midroc on Major Stockholm Divestment

Sweden Sweden — Midroc completes a major sale in Stockholm CBD to Anders Bodin Fastigheter. Midroc's deputy CEO Peter Syrén tells Nordic Property News about the large divestment of Tändstickspalatset – and the company's future Stockholm plans: "Will definitely invest."

Salto Eiendom and Scala Retail Property Merge

Norway Norway — The two shopping center companies Salto Eiendom and Scala Retail Property merge to form Norway's fourth largest retail owner.
Årstadvollen.

Skanska Builds Education Facilities for the University of Bergen

Norway Norway — Skanska has signed a contract with the University of Bergen to build a new education facilities at the campus area in Bergen, Norway. The contract is worth MNOK 295 (EUR 31M).
Anders Solaas.

New CEO of Cushman & Wakefield Realkapital

Norway Norway — Anders Solaas has been appointed as CEO of Cushman & Wakefield Realkapital in Norway. He joins from Entra ASA, where he has had a leading role as Head of Leasing and property development.
Rikshem buys outside of Gothenburg.

Rikshem Buys in Älvängen for EUR 30M

Sweden Sweden — Rikshem has bought a combined retirement home and rental apartments for senior citizens in Älvängen, outside of Gothenburg, from Skanska.

Why Balder Enters Germany

Sweden Sweden — The company's CFO Marcus Hansson explains to Nordic Property News why they view the hotel portfolio as the optimal step into the country: "There could definitely be more acquisitions."

Amasten on the Hunt for More

Sweden Sweden — Amasten's Jan-Erik Höjvall tells Nordic Property News about the company's largest transaction of all time - and the plans for new business areas.

Herning Municipality Buys From Blue Cross

Denmark Denmark — The municipality has reached agreement with Blue Cross Denmark about the price of buying properties in Herning, which houses a heating room. With the demolition of existing buildings, the project is impacting almost MDKK 6.
The new terminal.

Peab Builds Airport Terminal

Sweden Sweden — Peab has been commissioned to build the new airport terminal in Sälen along with the accompanying garage and infrastructure. The customer is Scandinavian Mountains Airport and the contract is worth EUR 23M.

Avara and Lehto Signs Deal for Housing

Finland Finland — Avara and Lehto Asunnot Oy have signed a framework agreement concerning a housing portfolio which includes construction of 340 apartments in five cities around Finland. Avara acquires portfolio for Avara Asuinkiinteistörahasto I Ky -PE fund.

Regenero Finances Development Projects in Keilaniemi

Finland Finland — Keilaniemen kiinteistökehitys Oy, a wholly owned subsidiary of Regenero, issued a senior secured bond of EUR 100M on May 31th. The bond matures in May 2021 and carries a coupon of 4.000 percent per annum. The bond issue is the first large real estate development bond in Finland.
Hans Wallenstam.

Why Wallenstam Believes a Housing Crash is Coming

Sweden Sweden — CEO Hans Wallenstam tells Nordic Property News why he believes a crash in the housing market is coming – and when.
Rutger Arnhult.

Klövern's Investment Goal for the Hot Danish Market

Denmark Denmark — Klövern keeps up the pace in Denmark. After the company’s second acquisition, CEO Rutger Arnhult tells Nordic Property News of his views on the Danish market and what real estate volume they want to reach in Denmark.