Union Investment buys Sthlm Hub

Sweden Sweden — Mengus has sold Uggleborg 14, also known as Sthlm Hub, to Union Investment.

Capman Acquires Residential Property in Aarhus

Denmark Denmark — Capman Nordic Real Estate fund has acquired a residential property located at Frederiks Allé 75 in central Aarhus.

Skanska Divests Three Properties in Stockholm

Sweden Sweden — Skanska has divested three properties in the area Flemingsbergsdalen in Stockholm for an underlying property value of about EUR 87M. The buyer is Niam.
The apartment building in Espoo.

YIT Starts Several Building Projects

Finland Finland — YIT starts the construction of apartment building projects in Kuninkaantammi, Helsinki and Mankkaa, Espoo. The combined value of the projects is approximately EUR 25M and each project will comprise approximately 50 apartments.

NCC to Construct Property Block in Uppsala

Sweden Sweden — NCC has been commissioned by Bonava to build Kapellgärdet Arena, comprising 152 tenant-owner apartments in Uppsala city center. The order value is approximately EUR 26M.
Heimstaden buys for EUR 101M from Stångåstaden.

Heimstaden Buys 1,088 Apartments in Linköping

Sweden Sweden — Heimstaden has agreed to purchase 1,088 apartments from Stångåstaden in Linköping.
Scandic becomes Finland's largest hotel operator.

Scandic Acquires Portfolio – Becomes Finland's Largest Hotel Operator

Finland Finland — Scandic Hotels Group has signed an agreement to acquire Restel’s hotel operations in Finland for EUR 114.5M. Through the acquisition, Scandic will strengthen its position as the leading hotel company in the Nordic countries and become the largest hotel operator in Finland.
Erik Selin.

Balder Acquires Four Hotel Properties in Copenhagen

Denmark Denmark — Balder has agreed to acquire four hotel properties in central Copenhagen for approximately SEK 1 billion (EUR 103M).

Midstar Buys Hotel from Petter Stordalen

Norway Norway — Midstar has acquired Quality Hotel Entry in Kolbotn from Petter Stordalen's Strawberry Properties.

EQT Closes Its First Real Estate Fund

Nordic — EQT closes the EQT Real Estate I fund with commitments totaling EUR 420 million. Around 35 percent of the total commitments have already been invested in four assets.

Football Club Acquires Hotel

Denmark Denmark — Danish football club Silkeborg IF has acquired Papirfabrikken Radisson Blu. The hotel will have a key role in developing new business area by the club's new stadium Jysk Park.

Heimstaden Makes Large Acquisition in Copenhagen

Denmark Denmark — Heimstaden acquires residential block in Copenhagen for EUR 227M.
Lammet 17.

Triuva Acquires Office Building in Stockholm

Sweden Sweden — Pan-European institutional real estate investment manager Triuva has acquired a 6,700 sqm office building, Lammet 17, in central Stockholm from Slussgården, a subsidiary of SKL Fastigheter and Service AB.

Lemminkäinen to Renovate Prestigious Property in Helsinki

Finland Finland — Lemminkäinen and Ilmarinen Mutual Pension Insurance Company have signed an agreement on the renovation of a high profile property at Mikonkatu 9 in central Helsinki, Finland.

Akelius Sells for EUR 391M

Sweden Sweden — Akelius has agreed to sell 61 properties in Helsingborg to Willhem and Folksamgruppen.
Pakhusene.

PFA Acquires in Aarhus

Denmark Denmark — PFA Ejendomme has bought one of Aarhus's new major buildings, Pakhusene, a newly constructed and fully-leased office building of 10,621 sqm in the newly developed and attractive urban area of ​​Aarhus's harbor, 'Aarhus Ø'. PFA's total investment in warehouses represents more than MDKK 850 (EUR 114M)

Bouwfonds IM Acquires Car Park in Helsinki

Finland Finland — Bouwfonds Investment Management has acquired a car park in Finland for its third institutional parking fund (open ended special AIF)‚ the Bouwfonds European Real Estate Parking Fund III (BEREPF III). The property is located underneath the Kasarmitori town square in the central districts of Helsinki. The investment volume amounts to around EUR 28 million. The seller is the Finnish financial investor OP.

Intea Acquires for EUR 113M in Kalmar

Sweden Sweden — Skanska has divested three buildings at Linnaeus University in Kalmar, Sweden, to Intea Fastigheter.
Finanshuset in Hamar.

SPG Sells Finanshuset

Norway Norway — Scandinavian Property Group has sold the building known as Finanshuset in Hamar to Hamjer Eiendom.

European Fund Makes Acquisition In Sweden

Sweden Sweden — In a sale and purchase agreement with the European property fund Kildare Partners, Kungsleden is selling 18 industrial and warehouse properties in 13 municipalities at a total sales price of MSEK 882 (EUR 81M) before deduction for deferred tax.
Fredrik Jonsson, new CEO of Niam.

Fredrik Jonsson New CEO of Niam

Nordic — Johan Bergman has decided to take on the role of Chairman of Niam AB and Chairman in all of Niam’s funds. Fredrik Jonsson, the current CIO of Niam, will assume the role of CEO and take over responsibility for the company’s operations effective July 1, 2017.
Skanska builds in Hagastaden.

Skanska Builds Rental Apartments in Stockholm

Sweden Sweden — Skanska has signed an agreement with Familjebostäder to build a block consisting of 178 rental apartments in Stockholm. The contract is worth about EUR 41M.
Senapsfabriken in Uppsala.

NCC to Build 644 Apartments in Uppsala

Sweden Sweden — NCC has been commissioned to construct an additional 644 apartments in central Uppsala for Magnolia Bostad. The construction assignment marks the second phase of the Senapsfabriken property block. The order value is approximately EUR 67M.
Stina Lindh Hök.

Hemfosa Acquires Large Portfolio in Halmstad

Sweden Sweden — Hemfosa has signed an agreement to acquire a portfolio of ten properties located centrally in Halmstad for an underlying property value of EUR 109M.

Heimstaden Acquires 1 601 Apartments in Umeå

Sweden Sweden — Heimstaden has purchased 1 601 apartments from Bostaden in Umeå.