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.
Linn Idsø Brenne.

Why Norwegian Investors Look to Finland

Nordic — Norwegian property investors looks more and more towards the Finnish market. Linn Idsø Brenne, Director and Partner at Pangea Property Partners, tells Nordic Property News of the new trend.
Atrium Ljungberg acquires in Stockholm.

Atrium Ljungberg Acquires Property in Stockholm

Sweden Sweden — Today Atrium Ljungberg has signed an agreement to acquire the Kylfacket 3 property in Slakthusområdet in Stockholm. The property comprises a total of 4,500 sqm and is being acquired at an underlying property value of MSEK 150 (EUR 14M).
Ilija Batljan.

Fast-Growing Swedes Looking for Danish Expansion

Denmark Denmark — SBB has taken strong positions within the social property market in both Sweden and Norway and has recently entered Finland. Now the fast-growing company is looking for a Danish expansion. CEO Ilija Batljan tells Nordic Property News of the future plans and the value of adding a new market.

Brunswick Real Estate's Investment Banking Changes Name to Nordanö

Nordic — In order to clarify the independence of the two businesses, both operationally and in terms of ownership, the advisory business now changes name to Nordanö, while the investment management retains the name Brunswick Real Estate.

SBB Makes New Finnish Acquisition

Finland Finland — Samhällsbyggnadsbolaget i Norden (SBB) continues to expand in Finland through the acquisition of an elderly care property in Helsinki.

"The Stars Have Never Aligned This Well…"

Sweden Sweden — Hemfosa diveds the company into two: Hemfosa and Nyfosa. CEO Jens Engwall tells Nordic Property News about the company division, the excellent opportunities the real estate industry offers at the moment and when he actually will retire.
The new hotel.

Scandic to Open Hotel in Landmark Building in Helsingborg

Sweden Sweden — Scandic has signed a new long-term lease agreement with Midroc for a new hotel in the new development in the Helsingborg harbor, expected to open in 2021. The hotel will encompass approximately 180 rooms with meeting facilities, fitness area, restaurant, bar and a sky bar.

Swedish Giant On New Oslo Purchase

Norway Norway — Swedish giant Balder conitinues to invest in Norway. This time by acquiring a EUR 38M property in Oslo from Skanska. CEO Erik Selin tells Nordic Property News what sparked this expansion out west.

Green Light for Areim's Stockholm Project

Sweden Sweden — The Board of the City Planning Office in Stockholm has approved the zoning plan for the Brädstapeln block, commonly known as the Trygg Hansa-building, at Kungsholmen. The proposal has been developed by Manuelle Gautrand architects and Swedish architects Equator in close collaboration with the City Planning Office.
Ann-Sofi Danielsson.

"Denmark Has Recovered After a Tough Period"

Denmark Denmark — Bonava continues to invest on the Danish market. The company's CFO Ann-Sofi Danielsson tells Nordic Property News about the future in Greater Copenhagen and why they are not looking outside the capital.

EQ Acquires Shopping Centre in Helsinki

Finland Finland — Special Investment Fund eQ Finnish Real Estate has acquired the shopping centre Malmin Nova in Helsinki from a fund managed by Savills Investment Management.
Anders Torell.

NCC Launches Tech Company for Digital Start-ups

Sweden Sweden — NCC launches Loop Industries, a tech company focusing on scalable businesses in the construction industry. The company’s portfolio currently comprises Loop Rocks, Loop Rocks Express and Hauly, digital platforms for logistics, building materials and transport.
Laboratoriet 5.

Skanska Sells Office Building in Solna

Sweden Sweden — Skanska has sold the office building Laboratoriet 5 in Solna to Atlasmuren Fastigheter for about EUR 19M. The transfer of the property is scheduled for May 2018.
Citygate.

Giant Project in Jeopardy

Sweden Sweden — A 40,000 sqm office project is put on the backburner while awaiting the court decision: "The detailed development plan results in significant damage upon national interest."

Entra Makes Changes in Corporate Management

Norway Norway — Entra appoints new head of digital and business development and strengthens core operations with new leadership for property management and project development.
Thomas Sipos.

Profi Grows in Tumba

Sweden Sweden — Profi Fastigheter has purchased the Trädgårdsmästaren 14 property by Tumba city center from Uttran Invest.

YIT Lands Deal in Espoo

Finland Finland — YIT has entered into an agreement with the City of Espoo, on the construction of the Karhusuo school centre’s phases 2 and 3.

Bovana's Light in the Tunnel on the Turbulent Housing Market

Sweden Sweden — Late last week Bovana announced that they are selling a rental project in Linköping to Bantorget Hyresbostäder. Bovana CFO Ann-Sofi Danielsson tells Nordic Property News why they view deals like this as the future, on a turbulent housing market.