Erik Selin.

Balder’s First Norwegian Purchase

Norway Norway — Balder has now made their first acquisition in Norway – Balder acquires Hedmark University of Applied Sciences for MNOK 700 (€75M).
TOP 4 Nordic
Helena Paulsson, head of Afry Architects, and Thomas Sandell, cheif architect.
Nordic Nordic —
"Our supply is being sharpened towards the market"
Blackrock is among the largest owners in several of the listed Nordic real estate companies.
Nordic Nordic —
The development of Blackrock’s ownership in listed Nordic companies
Christian Fredrixon, Kristina Sawjani and Henrik Brinck Landelius.
Nordic Nordic —
The hottest free agents in the industry
Nordic Nordic —
The largest owners in the listed companies

CBRE Acquires Shopping Centre in Denmark

Denmark Denmark — CBRE Global Investment Partners, in joint venture with Portus Retail has acquired BIG Shopping Centre, in Herlev, Copenhagen, Denmark, from NREP on behalf of the European Co-Investment Fund (ECF).

Entra Plans to Build Office Project in Bergen

Norway Norway — Entra has acquired land in Bergen. The company´s ambition is to build an office property of 10,000 sqm.

Hemfosa Strengthens Transaction Department

Sweden Sweden — Hemfosa is strengthening its transaction department through the recruitment of an additional experienced employee. Jonny Göthberg will complement the company's transaction team by contributing wide-ranging transaction expertise, particularly in community service properties, combined with experience of business development and property management.

Aberdeen Explores Opportunity to Divest Prime Residential Portfolio in Sweden

Sweden Sweden — Aberdeen Asset Management will explore the opportunity to divest Aberdeen Residential Sweden AB’s property portfolio. “We have established a prime residential portfolio with high quality assets and we have reached the planned size of the portfolio. The fund’s newly constructed assets are completed and we have improved the NOI in the portfolio.” explains the Fund Manager Fredrik Eliasson.
Jørn Høistad.

Jørn Høistad joins Pangea

Norway Norway — Jørn Høistad, founder and former head of DTZ´s valuation business in Norway, joins Pangea Property Partners.

SRV to Build New Central Hospital

Finland Finland — SRV has been chosen to further develop the historical, valued at about € 300 million, new central hospital project in Jyväskylä, Finland.
The property, located on Skalholtsgatan 2 in Kista, is an unmodern office building with large vacancy levels, which will be renovated and modernized into an apartment hotel.

Kungsleden Signs 20-year Lease Agreement with Kista Hotel Apartments

Sweden Sweden — Kungsleden has signed a 20-year lease agreement with the hotel operator Kista Hotel Apartments for an apartment hotel in the property Holar 1 in Kista, involving the entire property with a total area of 6,000 sqm.

New Company Receives Large Management Assignment

Denmark Denmark — Fokus Asset Management, founded by Tonny Nielsen (former Aberdeen), takes over the management of the fund Commercial Real Estate Denmark, with properties at a value of approximately DKK 6,2 billion (€833M)

Construction Started for Large Project in Aarhus

Denmark Denmark — The first project in the Bassin 7 area in the Aarhus Ø harbor has started. The project contains 254 apartments, a swimming facility, a restaurant and theater.
Stena Fastigheter acquires 1,225 apartments.

Stena Fastigheter Purchases 1,225 Apartments

Sweden Sweden — Stena Fastigheter purchases 1,225 apartments and an LSS facility (89,000 sqm) in Landskrona from municipally owned Landskronahem, for over SEK 1 billion (€110M).
Saku Sipola

SATO Buys 1,000 Rental Homes

Finland Finland — SATO Corporation has purchased a total of 1,015 rental homes from Suomen Laatuasunnot Oy. The apartments are mainly located in the Helsinki Metropolitan Area and Turku region.
Toves Galleri.

Shopping Center Sale in Copenhagen

Denmark Denmark — The bankruptcy estate after Tovesgade Aps divests Toves Galleri on Vesterbro, Copenhagen, to private Westmarket.
In April 2014, Runar Vatne and Simen Haare tried to reach the top of Mount Everest, but had to give up due to a slide accident.

Adventure Partner Purchases Oslo Project

Norway Norway — Adventure Partner, owned by Runar Vatne and Simen Haare, has purchased two housing projects from Bonum in Oslo.

CataCap acquires 60 percent of the construction management company CASA

Denmark Denmark — The private equity fund CataCap has acquired a majority share in the Horsens, Denmark based construction management company CASA A/S, and entered into a partnership with the firm’s current owners.

Record Breaking Investment Volumes in Sweden

Sweden Sweden — During the first three months of 2016 Sweden witnessed a record SEK 35bn (€3.8bn) of investment into commercial real estate. According to international real estate advisor Savills, this investment volume is 39 percent up on Q1 2015 and 11percent higher than the previous Q1 record in 2007, an all time high for a first quarter period.
Andreas Norberg.

CBRE Global Investors Change Leadership for its Nordics Business

Nordic — CBRE Global Investors has announced the appointment of co-heads for its Nordics operations. The Nordics business will be jointly headed by Andreas Norberg, Managing Director, Nordics and Head of Transactions, and Stefan Berg, Managing Director, Nordics and Head of Asset Management.

Carlsberg divests to pension funds

Denmark Denmark — Carlsberg Foundation divests six properties to a consortium of three Danish pension funds for € 148 M.

Q1 Transactions Volume Reached Almost EUR 1.8 billion

Finland Finland — According to the KTI's statistics, the transaction volume of the first quarter of the year amounted to approx. EUR 1.77 billion in the Finnish property market.

BVK Enters the Finnish Residential Property Market

Finland Finland — Bayerische Versorgungskammer (BVK) entered the Finnish property market by acquiring a 18,781 sqm residential property portfolio from Tapiola KR IV Ky property fund.

Nordea Life Assurance Acquires Large Residential Property in Helsinki from LocalTapiola

Finland Finland — Nordea Life Assurance Finland Ltd has purchased a 21,000 sqm residential and care property from the insurance companies of the LocalTapiola Group.
Atrium Ljungberg acquires Borgarfjord 3 in Kista.

Atrium Ljungberg Acquires Office Property in Kista

Sweden Sweden — Atrium Ljungberg acquires the office property Borgarfjord 3 in Kista from Areim.The property totals 13,550 sqm and was acquired at an underlying property value of MSEK 325 (€35M).
Saku Sipola

SATO's Rental Housing Supply Increases by 1,255 Homes

Finland Finland — SATO Corporation has acquired the shares of SVK Yhtymä Oy.The transaction will result in the transfer of 1,255 rental homes mainly completed in the 2000s to SATO. Responding to the highest demand in rental housing in terms of their size, the average floor area of these homes is 55 sqm.

“Stable Return the Next Five Years”

Denmark Denmark — The Danish real estate investors expect a good, stable return in the next few years. The expectations are 5.8 percent annually 2016-2020, this according to Ejendomsforeningen Danmark’s market statistics.

PKA Invests in Youth Housing

Denmark Denmark — The Danish pension fund PKA invests MDKK 185 (€25M) in 120 newly built student apartments in Valby and 152 existing youth apartments in Aalborg.