Visualization of the new entrance.

Criticized Abu Dhabi Project in Stockholm CBD Risk Further Delay

Sweden Sweden — The stranded conversion plans are fixed on remittal and now decisions may not be made until after the election.
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
New apartments to Lyngby.

639 Student Apartments to Lyngby

Denmark Denmark — Basecamp Student are in charge of the project, worth approximately EUR 71M.

JM to Develop in Stockholm

Sweden Sweden — JM has signed a development agreement with the City of Stockholm for the acquisition of land in the Persikan area in central Stockholm. The area’s detailed plan has gained final approval, and JM can develop approximately 280 residential units.
Manuel Böcher.

German Investor Targets the Nordics

Nordic — German Corpus Sireo, part of Swiss Life Asset Managers, has appointed Manuel Böcher as new Head of International Investment and targets the Nordic countries. Manuel Böcher tells Nordic Property News of the Scandinavian focus and where they look to make acquisitions.
Andreas Adolphsson.

New Financial Laws for Swedish Companies

Sweden Sweden — The Swedish government presented a proposal where the company tax is reduced to 20.6 percent and the introduction of a general limitation of interest deductions in the general sector. The proposal that has previously been out has received a lot of harsh criticism from the real estate industry in particular, where companies are often highly loaned.
The project in Århus.

A. Enggaard and PKA to Construct 57,000 sqm in Århus

Denmark Denmark — The entrepreneur group has purchased a 25,000 square meter large foundation by Godsbanen in Århus.

Nordomatic Purchases Kabona

Nordic — Nordomatic purchases Kabona and therefore becomes Scandinavia’s largest real estate automation specialist.
Charlotte Rosén.

…But ADIA is Not Worried

Sweden Sweden — ADIA’s development organization in Sweden refute criticism regarding the paused plans for Nya Stureplan.

YIT and HSY Signs Deal in Espoo

Finland Finland — YIT and Helsinki Region Environmental Services, HSY, have signed an agreement on the construction of a new underground wastewater treatment plant in Blominmäki, Espoo. The project will be carried out as a project management contract and its value is approximately EUR 206M.  

Bonava the Largest Residential Developer in Latvia

Sweden Sweden — Based on the number of newly constructed apartments registered and sold, Bonava Latvia has become the country’s largest residential development company, according to aggregate property market data.
Klara City View.

Massive Interest for First Stockholm CBD Land Sale in Ten Years

Sweden Sweden — International and larger Swedish real estate owners in the hunt for the 20,000 sqm land sale in Stockholm CBD.

Quickness Required on the Helsinki Office Market

Finland Finland — The Finnish economy has really picked up and the real estate market is doing very well. So well that if you are looking to invest in prime offices in Helsinki you better act quick, according to Deutsche Asset Management.

Hemfosa Acquires Remaining 35 Percent of JV with Aspelin Ramm

Norway Norway — Hemfosa has acquired Aspelin Ramm’s ownership stake of 35 percent in Gardermoen Campus Utvikling AS (GCU), a joint venture that has built a specialist hospital and a local medical center in the center of excellence for health services and medical care being established near Gardermoen Airport.

Heimstaden Buys Two Properties in Trelleborg

Sweden Sweden — Heimstaden acquires two properties with 80 apartments in Trelleborg.

Espoo’s Housing Production Reaches a New High

Finland Finland — Espoo’s housing production goal was surpassed in 2017 both for new construction started and apartments completed. Housing production goals are also expected to be surpassed this year.
Henrik Saxborn.

Castellum Invests in Reconstruction in Stockholm

Sweden Sweden — The Sabbatsberg 24 property, which served as Stockholm Vatten’s headquarters from the early 1900’s, was a well-known landmark in central Stockholm when acquired by Castellum in 2017. Phase one of the reconstruction is now underway.

JM Acquires Building Rights in Solna

Sweden Sweden — JM is acquiring building rights from Vasakronan in Järvastaden, Solna, which is located just north of Stockholm.

Cernera Acquires in Borås

Sweden Sweden — Cernera increases their portfolio with approximately 7,300 square meters of office and warehouse facilities through the purchase of the Armbåga 1 property in Borås.
Michael Swank.

Blackstone MD on the Company's Investments and Future in the Nordics

Nordic — In 2015, Blackstone re-entered the Nordic market and today controls properties with over EUR 8 billion of value – with the expectation that more will come. Michael Swank, Managing Director in Blackstone's Real Estate Group, tells Nordic Property News about the Nordic re-entry, the possibility of entering more listed companies, the CEO change at D Carnegie and their Nordic future.

Stangeland Purchases Four Properties

Norway Norway — Stangeland Gruppen has purchased for a total of EUR 37M.
Old Karolinska.

What's Next for Halted Swedish Transaction?

Sweden Sweden — Niam's EUR 230M acquisition of Old Karolinska Hospital is subject to approval by the Stockholm County Council by June 30th. Despite the clock ticking, no date has been set for when the re-issued case will resume. County Commissioner Paul Lindquist tells Nordic Property News what his view is of the situation.
Carola Lavén.

"The Danish Office Market is Very Divided"

Denmark Denmark — NCC expands in Copenhagen through the purchase of an attractive building right in the expansive area Valby. Carola Lavén, Head of NCC Property Development, tells Nordic Property News about the future of Valby and the company's view of the Danish office market.

KTI: Another Record Year in the Finnish Property Transactions Market

Finland Finland — The Finnish property market continues to attract foreign investors, according to KTI. In 2017, foreign investor demand was mainly targeted at office and retail properties in prime locations. The positive outlook for the Finnish economy was reflected in the rental markets in 2017 both in commercial and residential property sectors.

Asian Capital Aims for the Nordic Markets

Nordic — Doug Burton-Cantley, Director at Avignon, tells Nordic Property News of the Nordic investment plans for Avignon Capital's strategic partnership with CLSA, Asia's leading capital markets and investment group and the international platform of China's largest investment bank CITIC Securities.
Rikke Lykke, Managing Director of the Nordic Region Patrizia.

"That Can Significantly Affect the Pricing"

Nordic — Patrizia's Managing Director of the Nordic Region, Rikke Lykke, tells Nordic Property News about where to find upcoming opportunities on the Swedish market and the integration process of Triuva and Rockspring.