CapMan Acquires a Prime Mixed-use Property in Central Copenhagen

Denmark Denmark — CapMan Nordic Real Estate fund has acquired the mixed-use property “Kobmagergade 25” in central Copenhagen. The property is located on the high-street Kobmagergade, which is a side street to the famous pedestrian shopping street Stroget and close to the Illum department store.

Partners Group Acquires Large Property Portfolio From Sveafastigheter

Sweden Sweden — Sveafastigheter has sold a large property portfolio out of Sveafastigheter Fund II, with a value of approximately MSEK 3.2 billion (€340M). The portfolio was acquired by Partners Group, a global private markets investment manager headquartered in Switzerland, via a secondary transaction on behalf of its clients.

Sveafastigheter and AP3 Establish New Property Company

Sweden Sweden — Sveafastigheter and the Third National Swedish Pension Fund (”AP3”) enters into a cooperation and establish a new property company with focus on office and retail properties in growing regional cities in Sweden.

Moderate Transaction Activity in August

Nordic — 45 deals at a total volume of € 2.2 billion was made in the Nordics in August, according to Pangea Monthly Update.
Ilija Batljan.

Rikshem In Large Deal With Värmdö County

Sweden Sweden — Rikshem purchases 49 percent of municipal Värmdö Bostäder and parts of Värmdö’s municipal property portfolio for approximately MSEK 1,4 (€149 M). In addition Rikshem will construct another 500 housing units on land acquired from the county.

Sponda to Open a Co-Working Space for 300 Users in the Centre of Helsinki

Finland Finland — Property investment company Sponda Plc will launch a new kind of user-powered service concept, unique in Finland, at Pieni Roobertinkatu 9 in Helsinki.
Markku Moilanen.

Experienced Leader Joins Ramboll’s Group Executive Board

Nordic — Markku Moilanen has been appointed member of the Group Executive Board in Ramboll with responsibility for the company’s four Nordic business units. He comes from a position as Managing Director of Ramboll Finland.

Redito Expands in Sweden and Finland

Finland Finland — The company Redito has made further real estate investments this year, in both Sweden and Finland. To strengthen the organization Emil Natanaelsson and Daniel Tabermann were hired as asset managers.

Veidekke Acquires From Norwegian Property – Will Build New Head Quarters

Norway Norway — Veidekke has entered into a contract with Norwegian Property to buy Nedre Skøyenvei 24-26 in Oslo, with takeover in March 2019. Veidekke wants to develop the site to build new headquarters for the Group and build several hundred homes.

Patrizia Acquires “Galleri K” Block in Centre of Copenhagen

Denmark Denmark — Patrizia Immobilien AG has acquired the business block “Galleri K” in the centre of Copenhagen for the equivalent of EUR 200 million.

Novo Nordisk Invests € 67 M in a New Warehouse in Denmark

Denmark Denmark — Novo Nordisk is investing € 67 M (500 million Danish kroner) in a new 19,000 sqm warehouse in Hillerød, Denmark. The warehouse will handle all inbound raw materials for Novo Nordisk's production in Denmark and will have a capacity of around 17,000 pallets.

EQT Acquires Mongstad Supply Base

Norway Norway — EQT Infrastructure II has acquired Mongstad Supply Base, a key Norwegian port serving the oil and gas industry in the North Sea from Wimoh Invest AS, a company ultimately owned and controlled by Marit and Trond Mohn.

Veidekke to Build New Project in Lillestrøm

Norway Norway — Veidekke Entreprenør has signed a contract with Kvartal 33 AS to build 117 flats and 2,000 sqm of commercial premises in Storgata in Lillestrøm.
Björn Daehlie.

Norwegian Skiing Giant Divests Four Properties

Norway Norway — Ski Holdings AS, jointly owned by the old skiing giant Björn Daehlie and Vidar Svendberg has divested four properties in Norway for MNOK 443 (€48M).
Tuula Entelä.

Sato Sells 760 Apartments and Acquires 379

Finland Finland — Finnish housing company Sato has completed two large residential property transactions.
Gunnar Gjørtz.

Union Purchases in Norway

Norway Norway — KLP Eiendom divests the logistics property Søren Bulls vei 2 to a fund managed by Union Real Estate for MNOK 195 (€21M).

CBRE Global Investors Signs Lease With Ikea

Sweden Sweden — CBRE Global Investors has signed a seven year lease with IKEA at Valbo Köpcentrum shopping centre in Gävle, Sweden.
Agneta Jacobsson.

Agneta Jacobsson Leads the new New Cushman & Wakefield in the Nordics

Sweden Sweden — Agneta Jacobsson has been appointed Swedish CEO and responsible for the Nordics for the new Cushman & Wakefield, which has now merged with DTZ. Anders Nordvall is Head of Capital Markets.

Areim sells Lindhagensporten to Invesco Real Estate

Sweden Sweden — Areim sells Lindhagensporten in Stockholm, on behalf of Areim Fond I to global investment manager Invesco Real Estate via its local partner, Scius Partners.

FMC Corporation Chooses Denmark for New European Headquarters

Denmark Denmark — American FMC Corporation has announced that it will establish a European regional headquarters and research facility in Horsholm, a suburb of Copenhagen, Denmark.
Carl Michael Augustsson.

Fabege Recruits Three Persons

Sweden Sweden — Fabege recruits Carl Michael Augustsson, Niclas Ternstål (formerly Österberg) and Andreas Malmsäter.

Groundbreaking for Mölndal Galleria and the new City Centre

Sweden Sweden — The groundbreaking for the new Mölndal Galleria and the transformation of Mölndal’s city centre took place 27 August in a ceremony held on the construction site. The event was jointly organised by Citycon, NCC, Riksbyggen and MölndalsBostäder, the four companies investing in the renewal of Mölndal city centre.

Sagax Acquire Office Property in Helsinki

Finland Finland — Swedish listed property company Sagax acquires a production and office property in Helsinki for approx. €10M.

TIAA-CREF, AP1 & AP2 Create Strategic Joint Venture

Sweden Sweden — TIAA-CREF, AP1 & AP2 create a strategic joint venture to invest in European office properties TH Real Estate will manage the vehicle and create a leading, pan-European office platform committed to building €4bn+ office portfolio.

NCC to Build Schools in Mäntsälä

Finland Finland — Mäntsälä Municipality signs a life cycle agreement with NCC. The contract has av total value of € 64,77 M and encompasses the construction and maintenance of schools in Mäntsälä.