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.

JV Buys from Elo for EUR 160M

Finland Finland — Agore Kiinteistöt Ky, a joint venture established by Elo Mutual Pension Insurance, Första AP-fonden and Trevian Assey Management Oy, has made its first aquisition.
Förvaltaren sells in Hallonbergen.

Förvaltaren Sells for EUR 64M

Sweden Sweden — Förvaltaren in Sundbyberg, Stockholm, has sold the property Terränglöparen 9 in Hallonbergen to the housing cooperative Terränglöparen 9 for a conversion to condominiums.

Svenska Handelsfastigheter Purchases for Half a Billion from Standard Life

Sweden Sweden — Svenska Handelsfastigheter acquires a portfolio of seven retail properties for a purchase price of EUR 54M, from Standard Life Investment European Property Growth Fund, EPGF.

Lerka Purchases from Ferd

Norway Norway — Lerka Eiendom has purchased Ensjøveien 23 B from Ferd Eiendom.
Lalandia creates an outlet center.

Lalandia Grows by 20,000 sqm Retail

Denmark Denmark — Lalandia in Billund will, together with a British investment company, erect a 20,000 sqm designer outlet in close proximity to Lalandia.
Bonum Utvikling plans 85 new apartments.

Purchases for Apartment Development

Norway Norway — Bonum Utvikling has made their second largest transaction through the purchase of Marstrandgata 9 and 11 on Rodeløkka in Oslo.

Blackstone and Areim Makes Billion Euro Bid

Finland Finland — Blackstone Group and Areim has made a EUR 1.76bn bid for the Finnish company Sponda.

NRP Invests EUR 500M in the Nordics

Norway Norway — Oslo-based Nordic logistics real estate specialist NRP (Ness, Risan & Partners) plans to invest more than EUR 500 million in the Nordics as they are working on the final closing for Fund VII.
Epic.

Skanska Invests EUR 44M in New Office Building in Malmö

Sweden Sweden — Skanska invests about EUR 44M in the office project Epic in Malmö, Sweden. The office building will be six stories high with a total leasable area of around 17,000 square meters. 
SEB Ejendomme sells in Copenhagen.

SEB Ejendomme Sells 33,000 sqm Portfolio to Core

Denmark Denmark — SEB Ejendomme has sold 340 apartments totalling a lettable area of 33,000 sqm in northern Copenhagen to Core Property Management.

Bonnier and Varma Sign Lease in Helsinki

Finland Finland — Varma and Bonnier Books Finland have signed a long-term lease agreement on the premises located at Lönnrotinkatu 18 in Helsinki. Bonnier will move into the newly renovated loft-inspired premises in September 2017.
Classic Danish Circus Ground Sold

Classic Danish Circus Ground Sold

Denmark Denmark — Since 1938, Cirkus Benneweis has had a shelter for their animals in Dronningmølle. Now the 10,000 sqm site has been sold for MDKK 5.9 (EUR 793,000).

D Carnegie Sells – 95 percent Above Book Value

Sweden Sweden — D. Carnegie & Co has completed the divestment of a site-leasehold with a grocery store in Akalla. The buyer is a wholly owned subsidiary of SSM Holding. The agreed property value amounts to EUR 8M, which is 95 percent above book value.
KPC Constructs Apartments for Danica Ejendomme

KPC Constructs Apartments for Danica Ejendomme

Denmark Denmark — KPC is already constructing two multi-apartment buildings for Danica Ejendomme, and during 2019 237 apartments with a total area of 23,066 sqm will be finished.

Mengus Divests the Copper Building to Folksam

Sweden Sweden — Mengus’s second fund Mengus 2011 divests the office property Duvan 6, also known as the Copper Building, in central Stockholm.

Storebrand Divests to Consortium

Norway Norway — Storebrand Eiendomsfond divests a property to Telemark Logistikkbygg AS, a consortium set up by Castelar Corporate Finance.

Sagax Acquires Portfolio in Finland

Finland Finland — Sagax has acquired a property portfolio of 50,000 sqm lettable area and 627,000 land from Varma. The transaction price is MSEK 219 (EUR 22.5M).

NCC Sells Logistics Project to NREP

Sweden Sweden — NCC is divesting the Önskebrunnen logistics project in Brunna for an agreed property value of approximately MSEK 150 (EUR 15M). The buyer is NREP Logicenters.

Skanska Builds Apartments in Helsinki

Finland Finland — Skanska has signed an agreement with the Helsinki Housing Production Department ATT to build 189 apartments in Helsinki, Finland. The contract is worth EUR 38M, about SEK 360M, which will be included in the Nordic order bookings for the second quarter of 2017. 

Zalando Establishes Fulfillment Center in Stockholm

Sweden Sweden — Zalando successfully completed its location search to open its first Nordic fulfillment center in Sweden later this year. Together with the developer NREP Logicenters, Zalando will build a fulfillment center in Brunna, situated in the county of Stockholm. To meet the demand of the Nordic customers, and to further penetrate the market, investing in convenience is crucial. The first parcels are set to leave the fulfillment center later this year.