Axfood and Norgesgruppen Acquire Eurocash

Sweden Sweden — Eurocash is the second-largest food retailer along Sweden’s border with Norway, with eight stores and sales of approximately SEK 1.2 billion (EUR 126M). The group has good profitability and approximately 280 employees. The acquisition and conceived transfer to Norgesgruppen marks a deeper collaboration between Axfood and Norgesgruppen, which was previously based on purchases of certain private label products.
TOP 4 Nordic
Marius Hauland Næss, CEO and Managing Director of Snøhetta Oslo.
Nordic Nordic —
Snøhetta architect: "We must dare to think in terms of higher density"
Leiv Synnes, Louise Bergqvist, David Dahlgren and Johan Zachrisson.
Nordic Nordic —
The industry's hottest free agents
The latest figures from Colliers show that it has been a stable start to the autumn transaction season despite rising interest rates.
Nordic Nordic —
Stable start to the autumn transaction season despite rising interest rates
Kristina Alderin.
Nordic Nordic —
Nordika appoints new Investment Director

Finnish Transactions Reached EUR 7.2M

Finland Finland — According to Finnish KTI the Finnish transaction volume reached EUR 7.2M in 2016. Exceeding the previous record by 14 percent.
Stockholm Tops the League of European Shopping Centre Hotspots for Investors, according to Savills.

Savills: Stockholm Tops the League of European Shopping Centre Hotspots for Investors

Sweden Sweden — According to international real estate advisor Savills, Stockholm is currently the best European city for investment into shopping centres due to its "safe-haven" status, and its relatively wealthy population.
Blekholmen 1.

M&G Real Estate Acquires for EUR 226M in Stockholm

Sweden Sweden — M&G Real Estate, one of the world’s largest property investors, has acquired the leasehold of Blekholmen 1 in central Stockholm for EUR 226M from Niam.

Valad and Goldman Sachs Acquire the Omega Portfolio in Finland

Finland Finland — Valad Europe, part of Cromwell Property Group, and Goldman Sachs have acquired the Omega portfolio comprising 22 properties in Finland.
Erik Karlin.

Tobin Continues to Purchase in Uppsala

Sweden Sweden — Tobin Properties has signed an acquisition deal of the properties Fjärdingen 27:5, Fjärdingen 27:6 and Fjärdingen 29:1 in central Uppsala.

NCC Builds Odense’s Highest Building

Denmark Denmark — NCC will build the 17 story high TBT Tower as a part of Odense municipality’s large-scale city development “Fra gade til By”.
Spillum Handelspark.

Carnegie Company Purchases Retail Park

Norway Norway — A Carnegie company has purchased Spillum Handelspark in Namsos, Norway.

Stenvalvet Purchases Properties in Jönköping

Sweden Sweden — Stenvalvet makes their first purchase in Jönköping through the acquisition of two social properties from Länsförsäkringar.

Sponda Sells in Helsinki and Espoo

Finland Finland — The property investment company Sponda Plc has sold a property in Helsinki and a plot of land in Espoo.

Regenero Has Acquired its First Property in Otaniemi

Finland Finland — Regenero, a joint venture formed by YIT and HGR Property Partners, has acquired a property in Otaniemi, Espoo, for a development project.
Peter Malling.

Savills Forms Association with Norwegian Malling & Co

Norway Norway — International real estate advisor Savills has extended its European network by forming a new association in Norway with Malling & Co., a privately held company with 165 professionals across offices in Oslo, Drammen and Stavanger.

Standard Life Acquires Block in Copenhagen

Denmark Denmark — The Standard Life Investments European Real Estate Club L.P. III (Euro Club III) has acquired a block of three adjoining mixed-use buildings in Copenhagen.
Jägersro Center.

CBRE Acquires Shopping Center from Trophi

Sweden Sweden — CBRE Global Investors announces the acquisition of Jägersro Center in Malmö, Sweden, on behalf of the CBRE European Shopping Centre Fund II. The vendor was Trophi Fastigheter AB and the transaction price is approximately MSEK 500 (EUR 52M).

Skanska Builds Energy-Positive Office Building in Trondheim

Norway Norway — Skanska has signed a contract with Entra to build the world’s northernmost energy-positive office building in Trondheim, Norway. The contract is worth MNOK 370 (EUR 41M) which will be included in the order bookings for Skanska Norway for the first quarter in 2017.

Million-Purchase for Danish Pension Funds in Copenhagen

Denmark Denmark — The pension funds DIP and JØP purchases nine properties in Copenhagen for EUR 116M.
Ensjøveien 4.

Neptune Purchases More on Ensjø

Norway Norway — The property is currently managed by Bergeim Auto Sales and the plot can enable 10,000 sqm of apartments.
Sophia Mattsson-Linnala.

Rikshem Makes Large Acquisition in Umeå

Sweden Sweden — Rikshem has signed an acquisition deal of 800 apartments in Umeå. The sellers are Lerstenen Invest, Areim Fastigheter 3 and property funds managed by Blackstone.
Ticon Eiendom has purchased a plot in Røyken Næringspark.

Ticon Purchases Land in Røyken Næringspark

Norway Norway — Ticon Eiendom has purchased a plot in Røyken Næringspark and plan on building and leasing a new industrial building for Maskinpakking.
Nordby

New Nordic Record

Nordic — The border trade reaches record levels in the Nordic countries. As the first food only supermarket ever Olav Thon owned Nordby Supermarket surpasses revenue sales over SEK 1 billion (EUR 105M) in a year, during 2016.

Kungsleden Divests Properties in Gothenburg

Sweden Sweden — Kungsleden continues to concentrate its’ property holdings and divests six non-strategic properties in Kungälv and Gothenburg for EUR 8M.

Niam Acquires Office Park in Copenhagen

Denmark Denmark — Niam has acquired Copenhagen Business Park, an office complex with a lettable area of 67,000 sqm that currently has around 50 tenants.

VVO Group Sells 1,344 Apartments

Finland Finland — VVO Group has signed an SPA, whereby its various group companies will sell in total 1,344 non-restricted apartments located across Finland to a company managed by Avant Capital Partners.

Trevian Continues to Sell Care Properties

Finland Finland — Trevian Care II Ky, a real estate equity fund managed by Trevian Asset Management Oy, has sold a portfolio comprising of 11 care property assets to a fund managed by AXA Investment Managers – Real Assets.

SRV Sells to Etera in Kerava

Finland Finland — SRV will sell a new complex in the Aleksintori block to be implemented in Kerava town centre. The buyer is Etera Mutual Pension Insurance Company.