The new water park.

NCC to Build Liseberg’s New Water Park and Hotel

Sweden Sweden — In partnership with Liseberg, NCC will extend the largest amusement park in the Nordic region. The assignment includes a water park, a themed destination hotel and parking facilities in the city centre of Gothenburg. Liseberg, through the Liseberg Skår development company, has budgeted the assignment at approximately EUR 194M.

FinCap Divests in Turku and Tampere

Finland Finland — FinCap has sold one residential and one assisted living property located in Turku and Tampere. The properties were divested from funds managed by FinCap to Nordea Life Assurance Finland Ltd.
James Robson.

American Giant Increases Nordic Focus with New Investments

Denmark Denmark — American real estate investor Hines acquired two properties in Copenhagen CBD from Freja for EUR 113M. James Robson, MD of Hines Nordics Real Estate, tells Nordic Property News of the acquisitions and the company's Nordic focus.

Slättö Divests for EUR 155M

Sweden Sweden — Through its fourth fund, Slättö IV, Slättö has divested to properties for a total transaction price of EUR 155M. Buyers are Trenum, owned by Balder and AP3, and Lansa, owned by Länsförsäkringar.

Top Rental Income Growers

Sweden Sweden — Anders Nissen and Pandox have increased their rental income most during the initial months of the year. But what does it look like among other listed Swedish companies? Nordic Property News has the complete list.

Catena Invests and Signs Lease in Jönköping

Sweden Sweden — Catena is investing EUR 10M in an existing logistics building in Jönköping and is signing a seven-year lease with Procurator. Following the investment, all logistics space in the property will be fully leased.
YIT will construct a wooden school centre.

YIT Constructs School Centre in Imatra

Finland Finland — YIT has signed an agreement worth approximately EUR 55 million with the City of Imatra to construct a wooden school centre in the city’s Mansikkala district. The agreement also includes maintenance for 20 years.

Next Step Group in New Giant Gothenburg Project

Sweden Sweden — Next Step Group enters a new giant project in Gothenburg with world renowned Snøhetta as architect. Louise Heilborn at Next Step Group tells Nordic Property News of the unique project.

Large Shopping Center Investment Postponed

Nordic — A major shopping center project in Northwest Sweden, aimed at the border shopping with Norway, has been postponed. Brett Weihart, CEO at Scandinavian Mountains Airport, tells Nordic Property News of the future of the project.

PFA Sells Commercial Properties for EUR 268M

Denmark Denmark — The pension company changes the composition of its property portfolio and sells to Bankinvest.

Skanska Invests in Office Building in Stockholm

Sweden Sweden — Skanska invests about EUR 54M in the office building Sthlm 04 in Stockholm with a total leasable area of ​​about 12,000 square meters.

Heimstaden Buys Apartments in Linköping

Sweden Sweden — Heimstaden has agreed to purchase 96 apartments in the Vallastaden in Linköping. The stock consists of newly produced rental rights with a total leasable area of 5,103 square meters.

Realkapital Investor Sells on Storo

Norway Norway — Realkapital Investor sells Vitaminveien 1 on Storo and the buyer is Malling & Co Eiendomsfond.

SPG Purchases Development Property Outside of Oslo

Norway Norway — Scandinavian Property Group (SPG) has purchased a development property of 125,000 square meters in Bærum municipality approximately 20 minutes west of Oslo city center.

EQT Partners' Plans to Become an Important Player in the Nordics

Nordic — EQT Partners completed their second Swedish acquisition last week when they acquired a building in Stockholm from Folksam. Henrik Orrbeck, Director at EQT Partners, tells Nordic Property News of how they look to become a big Nordic player and where they are looking for new acquisitions.

Stockmann on the Giant Divestment to AEW – and Possible Future Divestments

Finland Finland — CEO Lauri Veijalainen tells Nordic Property News of the EUR 108M divestment of the Book House and other possible divestments to come.

NCC to Build 172 Rental Apartments in Tensta

Sweden Sweden — NCC has been commissioned by Svenska Bostäder to build 172 rental apartments in Tensta.
Jens Engwall.

Hemfosa Acquires 14 Properties

Sweden Sweden — Hemfosa has acquired a total of 14 community service properties, of which nine school properties, four LSS homes and one property that houses office premises and an HVB home, in Sweden.

Peab Signs Construction Deal for EUR 276M

Sweden Sweden — Peab has been commissioned to expand one of the most important junctions in the West Sweden railroad system, Olskroken, with railway track overpasses. The customer is the Swedish Transport Administration and the contract is worth EUR 276M.
NCC sells to Arctic Securities.

NCC Divests Office Project in Lysaker

Norway Norway — NCC is divesting an office project in Lysaker outside Oslo in Norway, to Arctic Securities. The transaction is being conducted as a sale of the company with an underlying property value of approximately EUR 31M.

"We Will Soon See a New Kind of Deal"

Sweden Sweden — After nine months in quarantine Robert Treutiger finally completes the step to become new Head of Transactions at Savills. He tells Nordic Property News of his position at Savills and why he thinks a new kind of deals will emerge.

AEW Makes EUR 108M Acquisition from Stockmann

Finland Finland — Stockmann has signed an agreement to sell the iconic retail and office property known as the Book House. The purchaser is the AEW Europe City Retail Fund.

Balder Sees Possibilities on Declining Housing Market

Sweden Sweden — Swedish real estate giant Balder keeps showing strong numbers. CEO Erik Selin tells Nordic Property News what possibilities the company sees on the declining housing market.

Estea Purchases in Eskilstuna

Sweden Sweden — Estea Sverigefastigheter 3 AB purchases the Namnsdagen 1 property in Norra Munkstellstaden in central Eskilstuna. There will be a total of 164 apartments in the property.
Scandic Voss.

Scandic to Open Hotel in Voss

Norway Norway — Scandic Hotels has signed a long lease agreement with Bane NOR Eiendom to operate a new hotel in Voss.