Robert Treutiger joins Savills.

Treutiger New Head of Transactions at Savills

Sweden Sweden — Savills has recruited Robert Treutiger from Colliers to become the new head of the company’s transaction team.
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

Capman Exits Two Office Buildings in Helsinki

Finland Finland — Real estate funds managed by Capman have sold two office buildings located at Elimäenkatu 9 and 15 in Vallila, Helsinki, to Areim Fund III.

Newsec Acquires Danish Datea

Denmark Denmark — Newsec buys Datea, Denmark’s market leader within commercial real estate. The selling company, Dades, remains one of the biggest clients.

Barings Buys Housing in Finland

Finland Finland — Barings Real Estate Advisers announces that it has acquired a EUR 43M portfolio of seven residential properties in Finland from Varma. Following this acquisition, Barings’ first in the residential sector in Europe, the firm now manages more than EUR 844M of real estate assets in the Nordics.

Blackstone Takes Over Sponda

Finland Finland — Blackstone and Areim now control 98,8 percent of the shares in Finnish Sponda.

Cross-Boarder Investment in Nordics Surges 23 percent

Nordic — Cross-border investment into Europe's Nordic countries rose to EUR 5.5 billion in the first half of 2017, 23 percent up on the same period in H1 2016. This represents a 29 percent share of the total volume invested in the Nordics in the year to date, according to research by international real estate advisor Savills.

Lundbeck Sells to Danish Pension Funds

Denmark Denmark — The international pharmaceutical company H. Lundbeck A/S has divested part of the headquarters in Valby, Copenhagen, no longer needed for their operations.
S:t Görans Hospital in Stockholm expands.

Skanska Expands Hospital in Stockholm for EUR 136M

Sweden Sweden — Skanska has signed a contract with Locum to rebuild and expand S:t Görans Hospital in Stockholm. The contract is worth about EUR 136M.
Mall of Tripla.

Unique Indoor Beach to Mall in Helsinki

Finland Finland — Tripla, the urban centre opening in autumn 2019 in Pasila, Helsinki, will host a globally unique concept, which combines surfing, an indoor beach, and a 26-degree temperature around the year.
Anders Nissen.

Pandox Acquires Hotel at Heathrow for EUR 91M

Sweden Sweden — Pandox has entered into an agreement to acquire Hilton London Heathrow Airport. The hotel is a full-service premium hotel with 398 rooms and a strong location at London-Heathrow Terminal 4.

Norwegian Fund Makes Large Acquisition

Norway Norway — Norges Bank Real Estate Management has signed an agreement to acquire 6-8 boulevard Haussmann property, located in central Paris, and the Axel Springer Neubau office building in Berlin.

NCC to Build at Islands Brygge

Denmark Denmark — NCC has been commissioned by Pension Danmark Ejendomme to build a complex of 17,000 square meters with housing units, offices and a parking facility. The contract is valued at approximately EUR 35M.

Sagax Buys 18 Properties in Finland

Finland Finland — The seller is Jykes Kiinteistöt Oy and the total price amounts to about EUR 32M.

Hemfosa Acquires in Tønsberg

Norway Norway — Hemfosa Fastigheter acquires Tunsberghus Eiendom AS in central Tønsberg municipality in Norway at an underlying property value of EUR 12.7M. Hemfosa already owns the Statens Park area in Tønsberg.
The seven-storey care center encompasses about 33,000 square meters.

New Care Facility in Kungälv

Sweden Sweden — The seven-storey care center will be about 33,000 square meters large and is owned by Västfastigheter.
Anders Jarl.

Wihlborgs Strengthens Presence in Denmark

Denmark Denmark — Wihlborgs is strengthening its presence in Denmark through the acquisition of 15 properties comprising a total of 165,000 square meters.

Akelius Acquires 128 Apartments in Copenhagen

Denmark Denmark — The eleven properties are located in the southern part of Copenhagen, on Amagerbrogade on Amager, three kilometres from Copenhagen central station.

AXA Acquires Four Residential Properties from Local Tapiola

Finland Finland — Local Tapiola General Mutual Insurance Company has sold a portfolio of four residential properties with a total of 119 apartments and a lettable area of 6,648 sq m to AXA IM.

KLP Acquires Eufemia

Norway Norway — The Norwegian pension and insurance provider KLP has agreed to acquire the office development project Eufemia from Oslo S Utvikling (OSU) located in the Bjørvika CBD office district. The transaction is structured as a forward sale with deferred handover in 2019 and the agreed price for the asset is NOK 1.740 billion (EUR 185M).

Skanska Divests for EUR 225M

Nordic — Skanska divests two properties in Stockholm and one in Oslo to Vasakronan, Aberdeen and Entra for a total of EUR 225M.

Antilooppi Sells Light Industrial Property in Vantaa

Finland Finland — Antilooppi has sold the Myllykivenkuja 6 light industrial property in Vantaankoski, Vantaa, to the property’s tenant and original owner, Murata Electronics Oy.
Skanska builds new hotel at Arlanda Airport.

Skanska Builds New Hotel at Arlanda Airport

Sweden Sweden — Skanska has signed a contract with Swedavia to build a hotel at Arlanda Airport in Stockholm, Sweden. The contract is worth about MSEK 710 (EUR 73M).

Niam Acquires Office Building in Horsens

Denmark Denmark — Niam has acquired a landmark office property located in the city center of Horsens, Denmark.
Nordic Transaction Volume H1 2017.

Nordic Property Transactions Set New Record in First Half of 2017

Nordic — Driven by a very strong Norwegian and Finnish market, volumes in the Nordic property markets reached a new record in the first half of 2017. Private investors and property funds were particularly active on the buy side and the share of foreign buyers increased significantly, according to Pangea Property Partners report.
Erik Selin.

Balder New Majority Owner of Serena Properties

Nordic — Balder has agreed to acquire 56 percent of Serena Properties, a company currently owned by Ratos, Varma Mutual Pension Insurance Company och Redito.