Europa Capital acquires apartments in Valby Maskinfabrik.

Europa Capital’s First Investment in Denmark

Denmark Denmark — Europa Capital acquires 362 apartments in Valby Maskinfabrik from DFE (De Forenede Ejendomsselskaber).
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
Jacob Philipson.

Datscha Launches in UK and Appoints Former Costar head

Nordic — Datscha, the Swedish proptech business, has formally launched its property analysis platform in the UK and, at the same time, has appointed Paul Marples, the former managing director of rival business Costar, as an adviser.
Agneta Jacobsson.

Cushman & Wakefield Presents its Selected Affiliates in the Nordics

Nordic — Cushman & Wakefield has chosen Affiliates in Denmark, Norway and Finland. The guiding principle in the selection has been Cushman & Wakefield's stated vision to lead the real estate industry with the best talent, the best clients and the best results.
Rutger Arnhult

Klövern Acquires in Halmstad

Sweden Sweden — Klövern acquires the property Järnvägen 3 in Halmstad for SEK 142 million (€15M). On the property an office building with a lettable area of around 5,500 sqm is under construction.
Henrik Saxborn.

Castellum Acquires Remaining Assets of Former Ståhls

Sweden Sweden — Castellum has acquired the remaining 50% of CORHEI Fastighets AB (previously Henry Ståhl Fastigheter AB), through Fastighets AB Corallen, a wholly-owned subsidiary. Underlying real estate values amount to MSEK 2,083 (€225M).

Ten Percent Return on The Oil Fund’s Real Estate Investments

Norway Norway — The Norwegian Oil Fund (NBIM) returned ten percent on their real estate investments during 2015. The fund’s total return was 2.7 percent.

NCC Constructs Zenit’s Final Phase in Aarhus

Denmark Denmark — NCC has started the third phase of the office project Zenit Company House in Aarhus, Denmark.

Heimstaden Purchases 303 Apartments in Copenhagen

Denmark Denmark — Swedish Heimstaden purchases a portfolio of 303 apartments in Copenhagen from Danica Ejendomsselskap for MDKK 980 (€131 M).

Ten Years of Aberdeen Funds in Finland

Finland Finland — Ten years have elapsed since the first real estate funds were established in Finland. Aberdeen Asset Management pioneered the real estate fund business and established Finland’s first open real estate fund, Aberdeen Property Fund Finland I Ky (APFF), at the end of 2005.
Max Barclay, CEO of Newsec Sweden.

Demographic Challenges Create Opportunities in the Property Market

Sweden Sweden — Low interest rates and good access to funding, volatile global stock markets and low yields in the bond market are contributing factors to the great interest of Nordic properties, according to the spring edition of Newsec Property Outlook published today. Major demographic changes create challenges and opportunities in the property market in the coming years.

Castellum Wants to Buy Norrporten

Sweden Sweden — On 7 March, Nasdaq Stockholm halted the trading in the Castellum share, since Reuters had written about the company´s interest of acquiring Norrporten. Castellum has then confirmed that it is currently evaluating the possibilities of acquiring Norrporten’s property portfolio, worth SEK 25 billion (€2.7 billion).

Skanska to Construct School in Norway For About €61 M

Norway Norway — Skanska has signed a contract with Sør-Trøndelag fylkeskommune to build the new Heimdal school in Trondheim, Norway. The contract is worth NOK 580M (about €61 M).
Mats Mared.

Mats Mared Leaves Rikshem

Sweden Sweden — Rikshem’s chairman Mats Mared leaves the company’s board of directors. This was announced on Thursday afternoon in a press release. Meanwhile Rikshem’s owners are in agreement over the fact that Jan-Erik Höjvall is not the right person to lead Rikshem in the future.

OBOS Acquires Two Percent of JM AB’s Shares

Norway Norway — OBOS announced today that they have purchased two percent of the shares in JM AB through the group head OBOS BBL. The acquisition is a long-term financial investment where OBOS with their industrial attitude towards ownership will contribute with further development for JM.
Louis Vuitton in Copenhagen.

Avignon Sells Louis Vuitton Property in Copenhagen

Denmark Denmark — Avignon Capital completes the sale of the iconic Amagertorv 2 building in Copenhagen, the Danish home of luxury goods retailer Louis Vuitton, for €26.8 M.
The first sod of Nexus Cph.

First Sod of 60,000 sqm Office Building on Kalvebod Brygge

Denmark Denmark — The construction of the new office building Nexus Cph, on Kalvebod Brygge in Copenhagen, has begun.
Niam acquires a hotel and office property in Värtahamnen.

Niam Purchases from Vasakronan in Värtahamnen

Sweden Sweden — Niam purchases Neapel 3 in Stockholm, encompassing 47,000 sqm hotels and offices, from Vasakronan for MSEK 925 (€99M).

Nordisk Renting Acquires And Builds New Head Office For Vantaa Energy

Finland Finland — Nordisk Renting has acquired an office property from Vantaa Energy in the vicinity of Helsinki-Vantaa Airport. Simultaneously, a 16-year sale-and-leaseback agreement was signed. The investment amounts to 15.4 million euros and includes both tearing down a part of the existing property, renovation and a new build.

Nordisk Renting Acquires and Builds New Head Office For Vantaa Energy

Finland Finland — Nordisk Renting has acquired an office property from Vantaa Energy in the vicinity of Helsinki-Vantaa Airport. Simultaneously, a 16-year sale-and-leaseback agreement was signed. The investment amounts to 15.4 million euros and includes both tearing down a part of the existing property, renovation and a new build.

Shopping Centre Portfolio in Finland Sold

Finland Finland — Hatfield Philips has sold the “Reindeer” shopping centre portfolio to City Kauppapaikat Oy, which is a Finnish real estate investor and developer that already owns several shopping centres.

Transaction Volume Already Over EUR 1.4 billion

Finland Finland — According to the KTI's statistics, the transaction volume of January-February exceeded EUR 1.4 billion in the Finnish property market. This means that Q1 transaction volume will exceed EUR 1 billion for the first time since 2008.

Port of Gothenburg Expands

Sweden Sweden — The Port of Gothenburg is set to expand with the construction of a new terminal at the outer port area. It is the largest expansion project at the port since the 1970s. The terminal will be built using dredging spoils and is expected to be completed at some point after 2020.
Rickard S. Dahlberg.

NREP Logicenters Closes First Acquisitions in Norway

Norway Norway — NREP Logicenters, the leading provider and developer of modern logistics properties in the Nordics, announced on Tuesday the acquisition of its first two properties in Norway.
Ilija Batljan.

Ilija Batljan on His New Venture: “15-20 SEK Billion in Five Years”

Sweden Sweden — Ilija Batljan was for the most part freed in the inspection of Rikshem. He now tells Nordic Property News about his feelings on what has happened – and about his new company. “The goal is to have a real estate value of SEK 15-20 billion in five years.”
Raufoss Industripark.

Purchase in Norway by American Fund

Norway Norway — Raufoss Industripark in Norway has been sold for NOK 1,3 billion (€135M). The main shareholder in the new owner constellation is the American fund HIG Capital.