Skanska's project in Oslo.

Skanska Builds Nursing Home in Oslo

Norway Norway — Skanska has signed a contract with Omsorgsbygg to build a nursing home in Oslo. The contract is worth about EUR 44M.
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

Swedes in Major Transaction with Blackstone

Sweden Sweden — The privately owned Swedish real estate group Apeiron/Ailon sells 2,500 residential units to the American real estate giant Blackstone. CEO Jacob Cronstedt tells Nordic Property News of the transaction.

Hemsö Acquires Two Nursing Homes in Turku

Finland Finland — Hemsö is acquiring two nursing homes that are under construction in the Turku region of Finland. A 12-year lease agreement has been signed with the care company Esperi Care Oy for both of the nursing homes. The investment amount is MSEK 125 (EUR 12M).

Hotel Project Scrapped for Swedish Real Estate Legend

Sweden Sweden — Swedish real estate legend Erik Paulsson's company Backahill's plans for a new hotel and spa in Helsingborg gets stopped by municipality.
Stationsgallerian i Uppsala.

Bonnier Fastigheter Enters Uppsala

Sweden Sweden — Bonnier Fastigheter purchases Stationsgallerian in Uppsala, consisting of the Fålhagen 70:1 and Fålhagen 70:3 properties, from SPP Fastigheter.
Magnus Nordholm.

Heimstaden Acquires in Copenhagen for EUR 66M

Denmark Denmark — Heimstaden has agreed to acquire the housing copperative Ringertoften, Copenhagen. The acquisition includes 411 apartments and two commercial premises, a total of about 23,720 square meters of rentable area.
Ekholmen Centrum.

Ica Fastigheter Purchases Ekholmen Centrum from Agora

Sweden Sweden — Ica Fastigheter has purchased Ekholmen Centrum in Linköping and two adjacent plots with parking spaces. The divestment is completed through a corporation to an underlying value of approximately EUR 29M.

Why Agore Chooses Secondary Cities over Helsinki

Finland Finland — Agore Kiinteistöt has acquired two shopping centers from a fund advised by Barings Real Estate. Maria Söderman, Business Director responsible for Agore’s operations, tells Nordic Property News of the company's plans for the centers and why they don't acquire in Helsinki.

Sweden's Largest Purchasers in 2018

Sweden Sweden — Nordic Property News can present a list of the listed Swedish companies that has made most purchases in the first quarter of 2018.

Nordea Liv Makes EUR 50M Acquisition

Norway Norway — Nordea acquires two properties in Økern from Centiennial Eiendom. The transaction price is MNOK 480 (EUR 50M).

Folksam and Aberdeen to Launch New EUR 300M Fund

Nordic — The Folksam Group, one of the largest insurance companies in Sweden, and Aberdeen Standard Investments has announced the launch and first close of AIPP Folksam Europe II, a real estate fund of funds open only for investors from the Folksam Group.
Kruunuvuorenranta.

New City Block in Kruunuvuorenranta

Finland Finland — YIT and the City of Helsinki are planning a city block in Kruunuvuorenranta.
Sjösättningen 1.

Skanska Sells to Vectura in Malmö

Sweden Sweden — Skanska has sold the property Sjösättningen 1 in Malmö for EUR 28M. The building containing a pre-school and a retirement home has been developed by Skanska Sweden.
Rolf Buch, CEO of Vonovia,

German Giant in Bidding War with Starwood for Victoria Park

Sweden Sweden — German Vonovia has made a EUR 895M public cash offer for the shares in listed Victoria Park – just a month after Starwood made an offer for the same company. Rolf Buch, CEO of Vonovia, tells Nordic Property News of the interest in Victoria Park, the Swedish real estate market and the discussions with Starwood.

Board Members on New Offer for Victoria Park

Sweden Sweden — Peter Strand, former CEO and current chairman of the board, and board member Pia Kinhult tells Nordic Property News their views on the offer from Vonovia.

Antilooppi Acquires Helsinki Office Property

Finland Finland — Antilooppi has acquired an office property at Elimäenkatu 17–19 from Aberdeen Standard Investments for EUR 15.15 million. The area of the property is approximately 10,000 sqm and it has nearly 300 parking spaces.
Joachim Hallengren.

Bonava Sells 106 Apartments in Tampere

Finland Finland — Bonava is selling a rental project in Lielahti, Tampere. The buyer is the investor Localtapiola Real Estate Ltd and the transaction encompasses 106 rental apartments. 

Heimstaden Recruits New Chief Operations Officer

Nordic — Heimstaden has appointed Helge Krogsbøl as Chief Operations Officer. Helge Krogsbøl will be responsible for Heimstaden's Scandinavian management organization with a focus on growth and customer experience.

Logicenters Completes Development in Port of Køge

Denmark Denmark — One year ago Logicenters acquired a property of 31,100 square meters in port of Køge. This also marked the start for the development of a new distribution center for the tenant DKI Logistics A/S. The development was completed in the middle of April.
Svein Erik Lilleland.

D Carnegie on New Investments and Tightened Competition

Sweden Sweden — After a strong opening of 2018 Blackstone-owned D Carnegie tells Nordic Property News of the plans for further growth and the tightened competition.

SBB Acquires from Bouwfonds

Sweden Sweden — Samhällsbyggnadsbolaget i Norden acquires 135 apartments in Stockholm from Bouwfonds European Residential. The portfolio is divided into six residential properties, including three leasehold properties.

Swedish Foundation Enters New M&G Fund

Sweden Sweden — A Swedish foundation enters as an early investor into M&G's new investment fund.
Mölndal Galleria.

Citycon to Buy NCC’s Share of Mölndal Galleria

Sweden Sweden — Citycon is to acquire NCC’s 50 percent share of Mölndal Galleria for a purchase consideration based on a property value corresponding to EUR 56M.

Localtapiola Sells Residential Portfolio to AXA

Finland Finland — Localtapiola Real Estate Ltd’s managed fund Tapiola KR IV Ky has sold a portfolio of three prime residential properties providing a total of 89 apartments and a lettable area of 5,632 square meters to AXA IM - Real Assets, acting on behalf of its clients.

Peab Extends Hospital in Norway

Norway Norway — Peab has been commissioned to extend Martina Hansens Hospital in Baerum, south of Oslo. The customer is the Martina Hansens Hospital Institute and the contract is worth EUR 20M.