Toyota Leases 4,000 sqm Retail Space from Sampo's Fund

Finland Finland — Toyota Tsusho Nordic Oy and SaKa Hallikiinteistöt property fund, managed by Sampo, have signed a 4,000 sqm retail lease agreement in the Suomenoja area in Espoo.
TOP 4 Nordic
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Aberdeen Purchases Retail Property in Drammen

Norway Norway — Aberdeen has on behalf of the Norwegian real estate fund Aberdeen Eiendomsfond Norge I purchased a retail property located on Strømsø in Drammen.

Related article Aberdeen Acquires Retail Property in Norway for New Fund Related article KLP Purchases from Aberdeen in Norway

Billion Deal for Rikshem in Östersund

Sweden Sweden — Rikshem purchases close to 1,700 apartments from the municipal housing company Östersundshem for SEK 1,1 billion (€115 M).

Related article Rikshem Purchases Public Utility Company Related article Rikshem In Large Deal With Värmdö County
M & G Real Estate purchases Kalvebod Brygge 47.

M&G Real Estate Purchases Kalvebod Brygge 47 for €82 M

Denmark Denmark — The property is currently leased to Nykredit and was originally built as the headquarters of Forstædernes Bank. M&G Real Estate is one of the world's largest property investors with 22.5 billion pounds under management and has more than 150 years of experience investing in real estate.

Sponda Acquires For €576 M in Helsinki

Finland Finland — Sponda acquires six properties in the Forum block in Helsinki and plans a rights offering. – We are very satisfied with this acquisition, which represents an excellent step forward in the implementation of Sponda's strategy, says President and CEO Kari Inkinen.

Regio Purchases 38,000 sqm

Sweden Sweden — Regio, founded by Sveafastigheter and AP3 during 2015, purchases a portfolio of 38,000 sqm retail and office properties in Uppsala and Södertälje. The seller is Aberdeen Fastighetsfond Sverige.
André Sommerfelt Bårdstu.

Stor-Oslo Eiendom Recruits

Norway Norway — Stor-Oslo Eiendom recruits André Sommerfelt Bårdstu to manage acquisitions and analysis of new development projects as well as run the acquisition and divestment transactions.
Fabege has signed an agreement to sell the Uarda 5 property, Vattenfall’s head office in Arenastaden, to Union Investment Real Estate GmbH.

Fabege Sells For €263 M in Arenastaden

Sweden Sweden — Fabege has signed an agreement to sell the Uarda 5 property, Vattenfall’s head office in Arenastaden, to Union Investment Real Estate GmbH. The property comprises approximately 44,000 sqm of office space and is currently fully let to Vattenfall, and to an external restaurant. The sale will occur in the form of a company with an underlying property value of SEK 2,257 M (€263,54 M).
Osmund Lie.

Four Architect Firms Under One Roof

Norway Norway — Og Arkitekter acquires Arkitektkontoret Lund and partners to the team and wish to further strengthen their position. – We were three architect firms that have gathered under one roof, now we become four” says Og Arkitekter’s CEO Osmund Lie.
The construction project Faste Batteri has been developed by Bach-Gruppen. Arkitema Architects are in charge of the master plan, together with Polyform, Tredje Natur, Entasis and Grontmij.

6-7000 New Apartments On Amager

Denmark Denmark — The civic representation in Copenhagen approved three different construction projects on Amager, encompassing a total of 753,000 sqm housing, offices and retail spaces.
Rutger Arnhult.

Klövern Acquires in Central Stockholm for Nearly €37 M

Sweden Sweden — Klövern acquires the site leasehold to the property Orgelpipan 4 from Axfast. The acquisition is Klövern's first in the central part of Stockholm and comprises a development property which is intended to be developed into a modern office- and retail property. The purchase price is SEK 340 million (€36,53 M).

Largest Ever Healthcare Transaction in Finland

Finland Finland — Northern Horizon has sold its Healthcare I fund’s entire care home portfolio to a fund managed by eQ. The 27-asset portfolio was sold for €155 million.

Antilooppi Purchased Three Commercial Properties in Helsinki

Finland Finland — Antilooppi has purchased three landmark properties at the Hakaniemi square in Helsinki with a purchase price exceeding EUR 30 M.

Newsec: Property Investors Ready to Take Greater Risks in Finland

Finland Finland — Investors' growing interest towards property investments in Finland manifests itself in the increasing demand for properties that require active development, and even empty properties sell at the moment. These investors rely on their ability to rent out and develop the property more successfully than the current owner.

External Members Appointed to Real Estate Investment Board

Norway Norway — Norges Bank’s Executive Board has decided to appoint Christian Ringnes and Petter Fredrik Neslein as external members of the Real Estate Investment Board (REIB).

Eight Nordic Finalists in Mipim Awards

Nordic — 44 finalists for the prestigious competition Mipim Awards 2016 have been presented. Eight of them come from the Nordic countries.

Significantly Increased Transaction Volume in Denmark

Denmark Denmark — In 2015, properties were traded in Denmark at a total value of DKK 47 billion, an increase of 45 percent compared to 2014, according to new figures from DTZ Egeskov & Lindquist.
Kungsleden develops the old City Hall in Södertälje.

Kungsleden Develops Modern Office Space in Central Södertälje

Sweden Sweden — Kungsleden will develop and renovate the old City Hall in Södertälje into a 6,000 sqm top modern office property. The property will house offices, a fitness club and a café.
Skanska builds shopping center in Jyväskylä.

Skanska Builds Shopping Center in Jyväskylä

Finland Finland — Skanska has signed a contract with the investor Lähi Tapiola Group for the construction of Seppä shopping center in Jyväskylä, Finland. The contract value is EUR 57 M.
Veidekke has entered into a contract with Vestaksen Eiendom to build Bragernes Kvartal in Drammen.

Major Contract for Veidekke in Drammen

Norway Norway — Veidekke Entreprenør has entered into a contract with Vestaksen Eiendom to build Bragernes Kvartal in the centre of Drammen. The contract includes erecting a six and seven storey building with 125 apartments and retail premises at street level. The value of the contract is €33.50 M excluding VAT.
Södra Porten, Mölndal, Sweden.

Hemfosa Signs Its Largest New Lease

Sweden Sweden — Hemfosa has signed a lease for previously vacant floor space in the Tulpanen 3 property in Mölndal, Sweden, and is investing in tenant-specific modifications. This major new lease and refurbishment comprise a key step in rejuvenating Mölndal's Södra Porten business park.
Johan Bergman.

Niam Purchases 461 Apartments in Aalborg

Denmark Denmark — Swedish Niam has purchased 461 apartments in Aalborg through two separate deals.
A 40,000 sqm office building is to be built in Copenhagen.

Construction of 40,000 sqm Office Building in Copenhagen

Denmark Denmark — A 40,000 sqm office building will be erected as a PPP project (Public Private Partnership) in central Copenhagen.
Schmidt Hammer Lassen wins competition to design a new residential development in aarhus.

Schmidt Hammer Lassen Designs a New Residential Development in Aarhus

Denmark Denmark — The project comprises of 106 apartments of varying size, from 2-bedroom flats to large penthouses with private roof terraces. It adapts to the city’s character and soul exploiting the site's exceptional values and creating a unique public urban garden.
Tellus Towers.

New Location for The Tellus Towers

Sweden Sweden — Less than a year ago, the Swedish Armed Forces stopped the planned placement of the Tellus Tower. Stockholm City and the developer SSM now agree on a new placement of the project, which might be Northern Europe’s tallest apartment building.