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).
TOP 4 Nordic
Tom Hagen.
Nordic Nordic —
Prisma Properties' growth plans for the various Nordic markets
Johan Gyllberg.
Nordic Nordic —
Global hotel giant heads to Kvarnholmen in 20-year deal
The deteriorating outlook is being driven by a combination of stricter climate regulations, growing pressure from capital markets and increasing tenant demand for sustainable premises.
Nordic Nordic —
German investors warn of energy crisis in property portfolios as technology emerges as lifeline
Carl-Adam von Schéele.
Nordic Nordic —
Urban Partners launches first-of-its-kind fund to accelerate urban regeneration

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.
Peter Bellevik.

Balder and AP3 in Cooperation with Bygg-Fast

Sweden Sweden — Balder and AP3’s joint company in property development has started a cooperation with Bygg-Fast.
The office building, to the left, has been sold to Oslo Pensjonsforsikring.

New Owner of Office Project in Oslo

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

Record Transaction Volume in Copenhagen

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

Newsec Strengthens Presence in Denmark

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 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 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.