ELF Development Sells 17,000 sqm Project to Aberdeen

Denmark Denmark — Aberdeen Asset Management and ELF Development have signed the transaction of a 17,000 sqm mixed use property at the project stage. The project is located on Lindholm Brygge in Aalborg, Denmark.
TOP 4 Nordic
Atrium Ljungberg CEO Annica Ånäs, Castellum CEO Pål Ahlsén and Platzer CEO Johanna Hult Rentsch.
Nordic Nordic —
This is how much the Nordic CEOs earned in 2025
Amanda Sandberg.
Nordic Nordic —
Nordika expands its Finance team with new hire
Lary Marben.
Nordic Nordic —
Patriam strengthens its team with project development manager
Joakim Arvius.
Nordic Nordic —
Joakim Arvius leaves Colliers
Scandinavian Shopping Center Partners.

New Company Enters the Nordic Retail Market

Nordic — A meritorious group of stakeholders step into the Nordic retail market with the ambition to acquire and manage. Board member Lars Backemar tells Nordic Property News about Scandinavian Shopping Center Partners’ (SSCP) goals and strategies.
Peter Wiman.

Sweden Keeps Getting Hotter to Foreign Investors

Sweden Sweden — The Swedish real estate market is becoming increasingly attractive for international investors and in 2017 more than SEK 34 billion has been pumped into the country. Savills’ Peter Wiman tells Nordic Property News why Sweden has become attractive right now.

Citycon Acquires Part of Shopping Centre

Denmark Denmark — Citycon has acquired the second and the largest part of the shopping centre Straedet in Køge in the greater Copenhagen area for approximately EUR 60M.
Skanska creates a combined city hall and station building i Växjö.

Skanska Builds Combined City Hall and Station Building in Växjö

Sweden Sweden — Skanska has signed a contract with Växjö Fastighetsförvaltning to build Växjö City Hall and Central Station in Växjö. The contract is worth about EUR 59M.
Hertsi.

YIT and Hartela to Construct Service Centre in Helsinki

Finland Finland — The construction of the property project for local service centre Hertsi located in Herttoniemi, Helsinki, developed by YIT and Hartela, will start in January 2018. YIT and Hartela will realise the project as a consortium with equal 50/50 shares.

Heimstaden Acquires in Horsens

Denmark Denmark — Heimstaden acquires a construction property in Horsens from RHB Development.

D Carnegie Completes Largest Swedish Transaction in 2017

Sweden Sweden — D Carnegie has completed the largest Swedish transaction in 2017 when the acquired 27 properties from Akelius for SEK 2.47 billion (EUR 251M). In addition D Carnegie acquires four properties from Mimer for MSEK 765 (EUR 78M).

Technopolis Expands in Tampere

Finland Finland — Technopolis has decided on EUR 46 million investment in organic expansion in Tampere, Finland. The new City Center Campus will be built in the CBD Tampere with excellent connections. Construction work is scheduled to start in February 2018, after the receipt of a building permit by City of Tampere. Project is due for completion in December 2019, and first leases are set to start on Jan 1, 2020.
Anders Nissen, CEO of Pandox

Brexit-Fright Behind Pandox UK and Ireland Purchase

Sweden Sweden — Pandox has acquired a major hotel portfolio in the UK and Ireland. The company’s CEO Anders Nissen tells Nordic Property News how Brexit has affected Pandox and why one ignored alternative financing.

“Hard to Find Better Conditions”

Finland Finland — At the end of 2017 Sagax made yet another acquisition in Finland. The company’s CEO David Mindus summarizes 2017 for Nordic Property News, and shares the future plans for the Finnish market.
Lennart Sten.

Svenska Handelsfastigheter's CEO on the Major Acquisition from Niam

Sweden Sweden — The SEK 1.6 billion (EUR 160M) acquisition from Niam was Svenska Handelsfastigheter’s second largest deal ever. The company’s CEO Lennart Sten tells Nordic Property News what the deal means to the company – and who it decreases risk exposure.

Related article Niam Sells Retail Portfolio in Sweden
Peter Broström.

Second Time's a Charm for Savills IM and Ikea

Nordic — Savills Investment Management starts off their new Nordic retail fund through a major purchase of Ikea retail areas. The company’s Head of Nordics Peter Broström tells Nordic Property News about the process to seal the deal, what the distribution of the company’s Nordic investments will look like and how they view the future for retail.
Jan Persson, Chairman of Kilenkrysset, Gustaf Hermelin, Chairman of Catena and Jens Persson, CEO of Kilenkrysset.

Foreign Players Snubbed in Large Logistics Transaction

Sweden Sweden — Kilenkrysset sells five logistics properties to Catena for approximately SEK 1.1 billion (EUR 110M). The company’s Chairman Jan Persson tells Nordic Property News why he really wished to sell to a Swedish company – and what lies ahead for Kilenkrysset.

C.W. Obel Purchases Office Property in Valby

Denmark Denmark — HD Ejendomme has sold the Trekonergade 126 property to C.W. Obel Ejendomme.
Port 73.

CBRE GI Acquires Stockholm Shopping Centre

Sweden Sweden — CBRE Global Investors has completed the acquisition of Port 73 on behalf of the CBRE European Shopping Centre Fund II (ESCF II). The asset was sold by Atrium Ljungberg and the transaction price was MSEK 977 (EUR 98M).

The Peace of Christmas and Baltic Real Estate

Nordic — We head towards Christmas, which for many equals more time for reflection. We have an opportunity to ground ourselves and not rarely we come up with new perspectives.

Hemsö Acquires Nursing Home and Preschool in Espoo

Finland Finland — The acquisition is being carried out under the framework agreement signed with YIT in June 2016. The purchase price amounts to approximately EUR 13M.

JM Acquires Property in Stockholm

Sweden Sweden — JM has signed an agreement with the Stora Sköndal foundation to acquire land for 157 building rights in Sköndal, Stockholm. The deal is worth EUR 23M. Occupancy and payment will take place in Q4 2017.
Global Business Gate.

NCC to Build Global Business Gate in Gothenburg

Sweden Sweden — NCC has launched a partnering arrangement with Global Business Gate for a new office project in the Masthuggskajen district in Gothenburg. The assignment has been divided into two phases, and the total order value is expected to amount to approximately EUR 90M.

Capman Buys Commercial Property in Oslo

Norway Norway — Capman Nordic Real Estate II fund has acquired Lille Grensen 5, a retail and office property located in Oslo city centre from a German fund.

Niam Sells Retail Portfolio in Sweden

Sweden Sweden — Niam has signed an agreement to sell eight retail properties, comprising 100,000 square meters, to Svenska Handelsfastigheter for a total of EUR 160M.

Victoria Park and Trianon Acquire Housing Units in Malmö for EUR 80M

Sweden Sweden — Victoria Park and Trianon have signed an agreement to acquire a property portfolio of 722 flats and a small number of commercial premises, with a total lettable area of approximately 47,700 square metres. The properties are located in Lindängen, Malmö, and the acquisition will take place for an underlying property value of MSEK 795 (EUR 80M). The seller is Willhem and possession is due to be transferred on 1 March 2018.
Ulrich Steinmetz.

Deutsche AM on the Nokia HQ Acquisiton and Their Views of the Finnish Market

Finland Finland — Deutsche Asset Management bought the former Nokia HQ from Exilion for EUR 164M. Ulrich Steinmetz, portfolio manager, Deutsche Asset Management’s open-ended real estate funds, tells Nordic Property News what attracted them about the building and their views of the Finnish market.

Related article Exilion Makes Major Sale in Keilaniemi
The new hotel.

Billion Divestment for Swedavia at Arlanda

Sweden Sweden — Swedavia divests the property on Stockholm Arlanda Airport where the Nordics’ largest airport hotel is under construction. The property value amounts to EUR 131M.