News | Nordic Property News

Peter Bellevik.

Balder and AP3 in Cooperation with Bygg-Fast

Sweden — Balder and AP3’s joint company in property development has started a cooperation with Bygg-Fast.

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

The office building, to the left, has been sold to Oslo Pensjonsforsikring.

New Owner of Office Project in Oslo

Norway — Stor-Oslo Eiendom divests the office project on Sørkedalsveien 8 in Oslo, to Oslo Pensjonsforsikring.

Record Transaction Volume in Copenhagen

Denmark — The transaction volume in Copenhagen reached MDKK 36 (€ 4,8 M) during 2015, the same level as the previous record year of 2006.

CBRE Global Investors Sells Shoppingcenter in Helsinki

Finland — CBRE Global Investors sells the Megahertsi Shopping Centre in Herttoniemi, Helsinki, to EQ Finnish Real Estate (AIF).

Newsec Strengthens Presence in Denmark

Denmark — Newsec is strengthening its offering in Denmark through a co-operation with Egeskov & Lindquist, under the brand Newsec Egeskov & Lindquist. The new operation, which will be a leading player in the Danish property market, will primarily focus on consultancy in the fields of capital markets, valuation & analysis, and will also offer occupier services.

Veidekke to Build Diagonale at Bjørvika

Norway — Veidekke Entreprenør has signed a contract with A9 Palekaia AS (50 percent Thongård AS and 50 percent HAV Eiendom AS) to build the whole of the major Diagonale project next to the Opera House in the centre of Oslo, where TV2 will be the largest tenant. This is a turnkey contract valued at approx. € 84 M.

Annica Ånäs.

Annica Ånäs Appointed as New CEO in Atrium Ljungberg

Sweden — Together with CEO Ingalill Berglund, the Board of Directors of Atrium Ljungberg have concluded an agreement on Ingalill leaving her role as CEO of Atrium Ljungberg. Annica Ånäs, CFO and acting CEO, will succeed Ingalill Berglund as of Friday 19 February.

KLP divests Sas´ head quarters in Solna.

KLP Sells Sas’ Headquarters

Sweden — KLP Fastigheter sells Solna Haga 2:8, Sas’ headquarters in Solna. The buyer is Swedish real estate fund company Mengus, making their first acquisition in their third fund.

Sveafastigheter Sells for €450 M in Sweden and Finland

Sweden — Sveafastigheter sells a property portfolio, embracing the main part of the remaining assets in Sveafastigheter Fund III. The property value of the portfolio amounts to EUR 450 million. The portfolio acquires by Partners Group, via a secondary transaction on behalf of its clients.

Mikael Hasselberg

Gullringsbo, Grandab and Partners Behind New Management Company

Sweden — Novi Real Estate AB is the name of the new management company that was assigned the large SEB Trygg Liv assignment. Behind the company we find Gullringsbo, Grandab and partners.

Ny Valby will have about 2,000 apartments.

PKA and FB Gruppen Develops 2000 Apartments on Grønttorvet

Denmark — The plan to transform Grønttorvet in Valby has now become reality and Copenhagen will get a new district, New Valby with 4000 citizens, shops, childcare and its own park. The building developer FB Gruppen (Fokus på Boliger) stands behind the project worth at least DKK 5 billion (€670M), together with pension company PKA that has purchased the area of approximately 160,000 sqm.

CBRE Global Investors Acquires Iconic Building in Oslo

Norway — CBRE Global Investors has acquired the iconic office building Hieronymus Heyerdahlsgate 1 in Oslo, Norway on behalf of one of its Pan European funds.

Niam Acquires Six Office Properties in Helsinki

Finland — Niam has acquired six office properties in Helsinki from Elo Mutual Pension Insurance Company in two independent transactions. The portfolio comprises a total lettable area of approximately 77,000 sqm. The transaction value was over €160 M.

Johanna Frelin.

Tengbom is Scandinavia’s Most Innovative Architecture Firm

Nordic — When American business magazine, Fast Company lists the ten most innovative architecture firms in the world, Tengbom finds itself in fourth position and the only representative from the Nordics.

Sagax Acquires over 180 Retail Properties in Finland

Finland — Swedish property investor Sagax has signed a conditional agreement on the acquisition of 156,000 sqm retail property portfolio for approx. EUR 90 million.

Retail Property Stock Increasing in Major Finnish Cities

Finland — According to the KTI statistics, only 21,000 sqm of new retail space was completed in 2015 in the Helsinki Metropolitan Area (approx. 45,000 sqm in 2014). In addition, some 17,000 sqm of major retail redevelopments were completed. However, several new projects have been started recently, and altogether some 190,000 sqm of new retail space was under construction at the end of December.

André Löfgren.

André Löfgren new Senior Vice President Investor Relations at Skanska

Sweden — André Löfgren has been appointed Senior Vice President Investor Relations at Skanska. André succeeds Magnus Persson on the position as of February 17 and will report to Peter Wallin, CFO Skanska AB.

Catella: Real Estate Transaction Volume Still at Record Level in Finland

Finland — In Finland, last year’s transaction volume was, according to Catella, EUR 5.2 billion, which is the third highest volume ever, and not far from the 2007 record of 6 billion euro.

Anders Nissen.

Pandox Divests Eight Hotels in Sweden

Sweden — Pandox has signed an agreement with Midstar to divest eight hotel properties with a total of 965 rooms in Sweden. The acquisition price amounts to MSEK 850 (€90M), after deduction of deferred tax.

Entra Builds School – Signs 20 Year Lease

Norway — Entra has signed a lease contract with BI Norwegian Business School for a new-built business school at Brattørkaia 16 in Trondheim. When finalised, the property will be 8,350 square meters, fully let to BI Norwegian Business School on a 20 year lease.

Mall of Scandinavia in Solna, Sweden.

Peab: Write-down by €84 M of Project Mall of Scandinavia

Sweden — The project has been reviewed after the mall was opened on 12 November 2015 and thereafter written-down by SEK 800 million (€84 M). The Write-down does not affect dividend capacity in 2015. The Mall of Scandinavia in Solna is Peab’s largest project ever.

Erik Selin.

Balder Acquires 49 percent of Sjaelsö Management

Denmark — Fastighet AB Balder has bought FIH’s share of 49 percent in Sjaelsö Management ApS. The remaining 51 percent is unchanged owned by Sjaelsö Management's CEO Flemming Joseph Jensen.

Skanska Invests €37 M in Ørestad

Denmark — Skanska Invests €37 M in the First Phase of Office Project in Ørestad City. The first phase will have a leasable area of around 11,500 sqm office space, of which Sweco Danmark will rent 10,500 sqm from april 2018.

Sponda Sell Land Areas in Helsinki Metropolitan Area

Finland — Property investment company Sponda Plc has sold land areas in the Vermo district of Espoo, to Etera Mutual Personal Insurance Company and Suomen Asunnot ja Tontit I Ky. The purchase price was about EUR 23.2 million.

Veidekke Wins Billion-Contract For Thon in Oslo

Norway — Veidekke Entreprenør is to build a major project totalling 60,000 sqm in size at Storo in Oslo, which includes a hotel, a large cineplex, retail premises, 149 apartments and a day care centre. The contract for Thon Storo ANS is a turnkey contract valued at NOK 1 billion excluding VAT (€103 M).