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.
Amfi will comprise 137,000 sqm.

Norway’s Largest Shopping Center

Norway Norway — Real estate legend Olav Thon plans an expansion of the shopping center Amfi on Moa. The expansion will be approximately 28,000 sqm, which mean that the retail area will be a total of 137,000 sqm.

These Are Norway’s Best Property Lawyers

Norway Norway — Legal 500 has presented their list of Norway’s best property lawyers.
Henrik Saxborn.

The Largest Deal in the Nordics Since 2008

Sweden Sweden — Castellum acquires Norrporten in the largest property deal in the Nordics since 2008. Norrporten´s underlying property value is SEK 26 billion (€ 2,8 M).

Urban Transformation Plan for Vestby in Oslo

Norway Norway — C.F. Møller-led team with JaJa architects and TØI (Institute of Transport Economics) has finalized a new urban centre masterplan for the Norwegian municipality of Vestby.

D. Carnegie & Co Purchases Property Portfolio in Eskilstuna

Sweden Sweden — The residential property company D. Carnegie & Co AB has entered into an agreement to acquire a property portfolio in Eskilstuna. The sellers are Prubor Förvaltning AB. The agreed underlying property value is SEK 115,5 million (€12,45 M).

Three Major Lease Contracts Signed For Langkaia 1 in Oslo

Norway Norway — Entra has signed new leases for the property Langkaia 1 (Havnelageret) in Oslo.
Tristan acquires the Stoa Vest retail park.

Tristan Fund Acquires Norwegian Retail Park

Norway Norway — Episo 3, an opportunity style fund advised by pan-European real estate investment manager Tristan Capital Partners, has acquired the Stoa Vest retail park in Arendal on the southeast coast of Norway from Nordea Life for €47M.
Arkitema won an architecture competition for a large project in Egedal.

Arkitema Winner of Architecture Competition for 27-Hectare District

Denmark Denmark — Arkitema Architects wins an architecture competition on developing the city and landscape architecture in two upcoming districts in Egedals municipality.
Siv Jensen

Norwegian Oil Fund Increases Property Allocation

Norway Norway — The limit for the Norwegian Oil Fund (NBIM’s) real estate allocation is increased from five to seven percent.
Joni Koski

CBRE Appointed by Aberdeen to Manage Nordic portfolio

Nordic — CBRE has been appointed by Aberdeen Asset Management, the global asset management group, to manage a real estate portfolio of 290 assets in the Nordic region.

Entra Signs Leasing Contrakt in Oslo

Norway Norway — Entra Signs Lease Contract With the Oslo Municipality Education Authority.
The bank´s new headquarters.

New Headquarters in Stavanger

Norway Norway — The board of SpareBank 1 SR-Bank has entered into a letter of intent with Block Berge Bygg regarding the construction of the group´s new headquarters on Bybergstykket in Bjergsted, Stavanger,

Entra Signs Leasing Contract in Oslo

Norway Norway — Entra Signs Lease Contract With the Oslo Municipality Education Authority.

Sirius Acquires Retail Portfolio

Finland Finland — Sirius Capital Partners has acquired a portfolio including eight retail assets located in southern and southeastern Finland.

Regio Acquires Baronen Retail Centre in Kalmar

Sweden Sweden — Sveafastigheter’s and the Third National Swedish Pension Fund’s (”AP3”) common property company Fastighets AB Regio has acquired Baronen Retail Centre in Kalmar from CBRE Global Investors. Handover was completed on 6 April 2016. Thus, Regio has completed acquisitions for a property value totalling SEK 2.7 billion (€260 M) since September 2015.
Mikael Granath.

Willhem Makes Large Purchase from Akelius

Sweden Sweden — Willhem purchases 4,302 apartments, 119 properties, in West Sweden from Akelius for SEK 5 billion (€540M).

Valad Europe Makes Maiden Acquisition for New Nordic Retail Partnership

Sweden Sweden — Valad Europe announces the launch of its Valad Nordic Retail Partnership (VNRP) with the acquisition of a portfolio of four regional shopping centres in Sweden.

D. Carnegie & Co Purchases Property Portfolio in Katrineholm

Sweden Sweden — The residential property company D. Carnegie & Co AB has entered into an agreement to acquire a property portfolio in Katrineholm. The sellers are Fastighets AB L E Lundberg and Byggnads AB Karlsson & Wingesjö.
Henrik Saxborn.

Castellum Creates New Group Structure

Sweden Sweden — Castellum will consolidate all group companies under the Castellum brand and establish a new structure for its operations. The six subsidiaries will become four regions: West, Stockholm, Central and Öresund.
Agneta Jacobsson.

Continued High Transaction Activity – Increased International Interest

Sweden Sweden — The Swedish transaction market got off to a good start in 2016 and the transaction volume for the first quarter amounted to SEK 28.5 billion (€3.1M), which is more than SEK 5 billion (€540M) higher than the same period in 2015. It is also the second highest deal volume recorded during a first quarter in the last ten years.

Savills IM Divests in Northern Sweden

Sweden Sweden — Sveafastigheter’s and the Third National Swedish Pension Fund’s common property company Regio has acquired five properties within Solbacken retail district in Skellefteå, Sweden. The seller is Savills Investment Management.

These Are Denmark’s Most Expensive Streets

Denmark Denmark — Havnegade in Copenhagen is Denmark’s most expensive street. On average an apartment there costs more than DKK 66,000 (€8,916) per square meter.