Alma Property Partners acquires 34 apartments in Ørestad in Denmark.

Alma Property Partners Completes Second Acquisition in Denmark

Denmark Denmark — Alma Property Partners acquires 34 apartments in Ørestad in Denmark. The transaction is the second in Denmark for Alma’s new opportunistic fund.
TOP 4 Nordic
Nordic Nordic —
La Caisse and Prologis launch Pan-European logistics Joint Venture
Jens Andersson, CEO of Episurf Medical.
Nordic Nordic —
Episurf's massive two-year goal: Acquire for SEK 20 billion
Sebastian Schlasberg, Christopher Johansson, Eva Sterner and Petra Krüger.
Nordic Nordic —
The hottest recruitments in Q1
Jenny Rehn, CEO Nordiqus.
Nordic Nordic —
Nordiqus is searching widely in the Nordic region
Anders Jarl.

Wihlborgs Buys and Sells

Denmark Denmark — Wihlborgs is acquiring a property in Copenhagen and is divesting properties in Helsingborg and Malmö as part of its long-term work on developing its commercial property holdings.
BAS Barkarby.

BAS Barkarby About to Become a Reality

Sweden Sweden — The municipal executive board of Järfälla has made a decision on renting approximately 11,000 sqm from Atrium Ljungberg for upper secondary education, a multi-purpose hall, library and other cultural activities in BAS Barkarby in Barkarbystaden. The decision is an important step towards the vision of creating a regional meeting place in the emerging city district.
Kungsleden divests in Kristianstad.

Kungsleden Divests Property and Leaves Kristianstad

Sweden Sweden — Kungsleden divests the property Karburatorn 2 in Kristianstad to Trophi Fastighets AB for MSEK 73.5 (€8M).
Kungsleden has signed a new lease contract with Jobman in Väsby.

Kungsleden Signs New 13,500 sqm Lease Agreement in Väsby

Sweden Sweden — Kungsleden has re-negotiated and signed a new five-year lease agreement with Jobman in Upplands Väsby, Stockholm. Jobman has leased all of the property’s 13,500 sqm since 2007.
SATO´s innovative service concept will be showcased in Martinlaakso, Vantaa

Construction to Kick Off on First SATO StudioHomes

Finland Finland — SATO StudioHomes is SATO´s response to the intense demand for affordable housing in the Helsinki region. Construction on the first StudioHome building will kick off in August in the Martinlaakso district of Vantaa.

Large Finnish Purchase for Hemsö

Finland Finland — Hemsö has signed a framework agreement regarding the acquisition of a retirement home, shelters and pre schools mainly located in Great Helsinki and Tammerfors. The underlying property value amounts to 75 million euros.
Jeppe Schonfeld.

Strong Result for Colliers in Denmark

Denmark Denmark — Colliers International Denmark is experiencing a big increased demand, mainly in regard to real estate investments. The company’s gross margin increased from approximately € 8,8 M in 2014 to almost € 12,10 M in 2015.

Castellum Gains Access to Norrporten

Sweden Sweden — Castellum gains access to Norrporten and resolves on issue in kind and transfer of repurchased shares. “Together we create an even stronger real estate company with larger presence in important growth markets in Sweden and Copenhagen,” says Henrik Saxborn, Castellum CEO.
Tomas Beck.

Valad Europe Appoints Tomas Beck as Head of Nordics

Nordic — Valad Europe, part of Cromwell Property Group, a diversified global real estate investment manager, announces the appointment of Tomas Beck as its Head of Nordics.

Cushman & Wakefield Recruits Linderstam as Head of Retail Services

Sweden Sweden — Jens Linderstam has been appointed Head of Retail Services at Cushman & Wakefield in Sweden. Jens Linderstam will be responsible for building the business unit and will be part of the Swedish management team.

NCC to Construct Green Office Building for Fabege for Nearly €90 M

Sweden Sweden — NCC has been commissioned by Fabege AB to construct a 40,000-square meter office building next to Arenastaden in Solna, Sweden. The office building will be BREEAM Excellent certified and have ICA as the largest tenant. The order is worth SEK 830 million (nearly €90 M).

Entra Signed 25 Years Lease Contract in Oslo

Norway Norway — Entra and the University of Oslo has signed a lease for 20,000 sqm in the planned 21,000 sqm new-build at Tullinkvartalet in Oslo.

Turku Technology Properties Acquired PharmaCity Property from Varma

Finland Finland — Turku Technology Properties has further increased its property portfolio in the Kupittaa district in Turku, by acquiring a 17,758 sqm PharmaCity property from pension insurance company Varma.

Technopolis Buys 30 Percent Stake in its Oslo Campus

Norway Norway — Technopolis has acquired the 30 percent stake in its Fornebu campus in Oslo from one of its minority shareholders, Koksa Eiendom AS (former IT Fornebu Properties AS), for approximately NOK 238 million (approximately EUR 25.5 million).
Real Estate Company Dades invests MDKK 500 (€67M) in converting the furniture factory Gladsaxe to offices and 200 apartments.

Converting Furniture Factory to Apartments

Denmark Denmark — Real Estate Company Dades invests MDKK 500 (€67M) in converting the furniture factory Gladsaxe to offices and 200 apartments. The Realtor Firm Lintrup & Norgard and Sweco Architects develop the project.

Sagax Divests Food Properties in Finland

Finland Finland — Sagax divests three food properties in Finland for MSEK 455. The properties encompass 44,000 sqm leasable area and are located in Tammerfors, Åbo and Kotka.
Shopping center company Scala Retail Property and the local property developer Værste AS invests MNOK 2,000 (€217M) in Fredrikstad city center.

Expanding Fredrikstad City Center

Norway Norway — Shopping center company Scala Retail Property and the local property developer Værste AS invests MNOK 2,000 (€217M) in Fredrikstad city center.

Transaction volume € 2.5 billion in May

Nordic — The transaction activity in the Nordics was moderate in May, with 61 transactions summing to EUR 2.5bn, according to Pangea Monthly Update.

Technopolis to Expand Ruoholahti Campus

Finland Finland — Technopolis will invest EUR 33.2 million in the expansion of its Ruoholahti campus in Helsinki. The expansion is due for completion in July 2018.

 “This investment is an important part of our growth strategy in the Helsinki metropolitan area”, says Keith Silverang, CEO of Technopolis.
Dr Thomas Beyerle.

Catella: Increasing demand from international investors for the Nordics

Nordic — The Northern European property market is increasingly featuring in the pan-European real estate portfolios of institutional investors. Compared with other European countries, the economic transparency and prosperity of the markets in the Nordic countries makes them a popular option. Also, the availability of capital opens up new investment opportunities. Catella foresees these opportunities, especially for investments in the office and retail markets.

Hemfosa Fastigheter appoints Head of Property Management in Norway

Norway Norway — Swedish Hemfosa has strengthened its Norwegian organization through the appointment of Dag Tønder as Head of Property Management for the Norwegian property portfolio, comprising properties valued at approximately SEK 3.6 billion (€390M).

YIT to construct apartments for OP-Vuokratuotto fund

Finland Finland — YIT and OP-Vuokratuotto non-UCITS Fund have signed pre-agreements on the construction of four non-subsidized residential projects for rental use. The total value of the agreements is over € 25 M, and the projects will comprise nearly 180 rental apartments.
Klaus Hansen Vikström.

3’s New Head Office to Become a Landmark in Söderstaden

Sweden Sweden — Fabege and 3 have signed a 10-year green rental agreement for office premises covering approximately 14,700 sqm in Söderstaden, Stockholm, with an annual rental value of around MSEK 39, not including supplements.

Fabege Acquires Property in Solna

Sweden Sweden — Fabege acquires the property Sadelplatsen 1, Järva Krog. The transaction has a total price of MSEK 172.5 (€19M). The seller is an Uppsala-based consortium, with among others Olle Olsson Holding AB as partner.