New Hotel in Arenastaden.

Fabege and Stordalen in New Major Project

Sweden Sweden — Arenastaden is continuing to expand, and demand for hotel rooms now significantly outstrips supply, largely due to growth in Solna’s tourist and hospitality industry quadrupling since the opening of Friends Arena and Mall of Scandinavia. Fabege and Nordic Choice Hotels are now together investing in another hotel in Arenastaden to offer visitors to the district additional accommodation alternatives.
Sato creates new homes.

Sato Builds New Homes in Helsinki

Finland Finland — The construction of Sato's 75th anniversary project in Atlantinkatu street, Jätkäsaari, Helsinki, has been launched.

Sponda Creates New Office and Retail Complex in Tampere

Finland Finland — Property investment company Sponda Plc will develop an office and retail complex in Ratina, Tampere, with connection to Ratina shopping centre. The main tenant of the complex will be Elisa Oyj.
Ulrika Hallengren.

Wihlborgs Divests Industrial Properties in Malmö

Sweden Sweden — Wihlborgs has divested four industrial properties in Malmö to Corem. The properties were sold in corporate wrappers at an underlying property value of around EUR 14M.

Why Balder has Strong Faith in the Nordic Markets

Nordic — Earlier this spring Sweden's largest listed real estate company, Balder, made its first acquisition in Norway as well as several acquisitions in the other Nordic markets. For Nordic Property News, CEO Erik Selin gives his views on the Nordic region's future development.

Heba Open for More after Largest Acquisition in Company History

Sweden Sweden — Heba made their largest ever acquisition by purchasing apartments and land in Täby, Stockholm, for MSEK 449 (EUR 44M). Patrik Emanuelsson, CEO of Heba, tells Nordic Property News of the possibility of more acquisitions.

Klövern Makes EUR 99M Acquisition in Copenhagen

Denmark Denmark — Klövern has acquired four office properties in Copenhagen for an underlying property value of MDKK 735 (EUR 99M).

Barings: "We Expect Office Rents in Stockholm to Outperform Perform Peer Cities"

Sweden Sweden — Barings Real Estate completed a major purchase in Stockholm by acquiring Fleming 7 from Mengus for approximately EUR 107M. With the acquisition in hand Gunther Deutsch, Head of Real Estate Transactions Europe at Barings, tells Nordic Property News of their view of the Stockholm market and what Swedish segments they are focusing on next.

Hemfosa Acquires 14 Community Service Properties

Sweden Sweden — Hemfosa has acquired a total of 14 community service properties. The total property value amounts to MSEK 390 and the properties are fully leased to tenants in the community services sector.

Round Hill Acquires First Finnish Residential Portfolio

Finland Finland — Round Hill Capital acquires a residential portfolio in Finland, comprising 3,263 units from Avant Capital Partners.

Sagax Invests EUR 39M in Bromma

Sweden Sweden — Sagax has decided to add approximately 19,000 square meters leasable area consisting of warehouse and business facilities with appurtenant offices and garage to the company’s property Stockholm Gjutmästaren 8, located in Ulvsunda industrial area in Bromma.

SEB’s Head of Capital Introduction Joins NREP

Nordic — SEB’s Head of Capital Introduction joins NREP, bringing over 20 years of experience across the spectrum of alternative investments, to further strengthen NREP’s partnerships with strategic investors in the Nordics and globally.
Inom Vallgraven 3:2

Big Swedish Player Converts Offices to Apartments At Unique Address

Sweden Sweden — Listed Hufvudstaden converts office facilities to apartments near famous address in central Gothenburg: “Fantastic location.”

Peab builds in Västerås

Sweden Sweden — Peab has been commissioned to build a school in Västerås. The customer is Västerås City and the contract is worth EUR 14M.

Kungsleden Divests Retail Property in Katrineholm

Sweden Sweden — Kungsleden has signed an agreement to sell the property Lövkojan 10 in Katrineholm. The sale is part of Kungsleden’s continuous optimization of the property portfolio.

TK Development Appoints New CEO

Denmark Denmark — Søren Kempf Holm named new CEO of TK Development.

United Spaces to Pioneer Flexible Airport Office Spaces

Sweden Sweden — United Spaces' plans of an office project by terminal 4 and 5 at Arlanda airport are all set. The company's CEO tells Nordic Property News about the plans and what the cooperation with Swedavia will look like going forth.
Lars-ÅkeTollemark.

Unibail-Rodamco: "Gothenburg is Most Exciting in All of Europe"

Sweden Sweden — After acquiring Westfield in one of the real estate industry's largest transactions ever, Unibail-Rodamco and Lars Åke Tollemark aims towards Gothenburg: "We see it as the most exciting project in all of Europe."

PWC to New HQ in Copenhagen

Denmark Denmark — PWC moves its Danish headquarters to Marmormolen, where By & Havn has just sold the building rights.

Heimstaden Makes Push in New Growth Area

Sweden Sweden — Transaction Manager Claes Westlin tells Nordic Property News why Heimstaden looks to grow in Gävle.

SRV to Construct Learning Centre in Kirkkonummi

Finland Finland — The Municipality of Kirkkonummi has chosen SRV to construct the Jokirinne Learning Centre in the Vesitorninmäki district of Kirkkonummi. SRV will take end-to-end responsibility for the project, which is worth a total of about EUR 40M.

Oscar Properties: "We Feel Confident"

Sweden Sweden — Oscar Properties gives Nordic Property News their view of the critique towards the Biografen Penthouses – and the possibility of selling the project.

Skanska Sells Commercial Properties to NRP

Sweden Sweden — Skanska has sold two commercial properties in Gothenburg and Mölndal, Sweden, for about SEK 340 M. The buyer is an investment consortium put together by NRP. Wilfast has assisted the buyer and will manage the portfolio.

Citycon Sells Shopping Center

Norway Norway — Citycon has entered an agreement regarding the divestment of Heiane Storsenter on Stord, to Drotningsvik Eiendom.

Stadsrum Purchases in Södertälje

Sweden Sweden — Stadsrum Fastigheter purchases the Tellus 5 property in Södertälje, from Telge Fastigheter. The agreement is conditioned upon the lawful decision of the Södertälje municipality council.