NREP Exits Retail Property in Salo

Finland Finland — NREP’s Nordic Strategies Fund I has divested a hypermarket retail property in the center of Salo, Finland, to a fund managed by eQ Asset Management. This marks the first exit for Nordic Strategies Fund I, which started investing in 2014.
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
PensionDanmark acquires the Comwell Hotel in Roskilde.

PensionDanmark Purchases Hotel in Roskilde

Denmark Denmark — PensionDanmark purchases the Comwell hotel in Roskilde for MDKK 257 (€ 36 M). This is their first hotel investment.

Transaction Volume Almost EUR 5.5 Billion in 2015

Finland Finland — According to the statistics of KTI, the total direct property transaction volume in the Finnish property market in 2015 amounted to almost EUR 5.5 billion.
Skandia Fastigheter acquires two properties at Backaplan, Gothenburg.

Skandia Fastigheter Purchases and Develops Backaplan in Gothenburg

Sweden Sweden — Skandia Fastigheter purchases two large development properties from KF Fastigheter, with a total plot area of 90,000 sqm on Backaplan in Gothenburg.

Nordea Liv Purchases Rådhuspassasjen

Norway Norway — Nordea Liv purchases Rådhuspassasjen in Oslo for MNOK 605 (€ 81M).
Leif Andersson.

Areim Invests in Blackstone´s Obligo Portfolio

Nordic — Areim recently launched its Areim Fund III and is now entering into its first deal – 20 percent of the Nordic portfolio that Blackstone last year bought from Obligo.
Egil Stokka from HitecVision and CEO at NorSea Group Property, Leif Emil Brekke at the signing of the agreement.

Asset Buyout Partners Acquires Oil and Gas Properties

Norway Norway — Asset Buyout Partners AS acquires five oil and gas properties from Norsea Group Property for MNOK 875 (€90 M).
Tomas Coldor.

Tomas Coldor New Branch Manager at pbb:s Stockholm Office

Sweden Sweden — At the beginning of the year, Tomas Coldor took on his new position as Branch Manager at pbb Deutsche Pfandbriefbank’s office in Stockholm. He is successor to Anders Tägt, who left the bank at the end of the year at his own request.

December the Most Active Transaction Month in the Nordics

Nordic — December was the most active month in the Nordic transaction market in 2015 with 143 deals summing to € 6.8 billion, according to Pangea Property Partners.
Framo´s office and production plant at Askøy.

Swedish Lilium in Two Norwegian Deals

Norway Norway — Lilium Fastigheter divests their share of the property in Forskningsparken in Oslo and instead purchases a large office building in Bergen – together with the chess world champion Magnus Carlsen, among others.
Knut Rost.

Diös Sells to Local Companies in Härnösand

Sweden Sweden — Diös has sold a portfolio of 30 properties in Härnösand of approximately 84,000 sqm . Buyers are the local companies Westerlind Fastigheter i Härnösand AB/ Landsorten Invest AB. The underlying property value amounts to MSEK 342.5 (€37M).

Kungsleden Divests Three Properties

Sweden Sweden — Kungsleden divests, in three separate deals, properties in Norrköping, Hudiksvall and Högsby. The combined property value of the three properties is MSEK 100.

NCC Builds Laboratory at Aarhus University

Denmark Denmark — The new building in Aarhus, Denmark, houses both laboratories for medical research and teaching. The total contract sum amounts to approximately €23 M.

Heimstaden Purchases from Niam in Copenhagen

Denmark Denmark — Heimstaden purchases nine residential properties in Copenhagen from Niam, for DKK 1.4 billion (€188M).

Cornerstone Purchases the Åhléns City Property in Malmö

Sweden Sweden — Cornerstone Real Estate Advisers purchases the Åhléns City property in central Malmö from Vencom and Rockspring Property Investment Managers for MSEK 365 (€40M).

Prestigious Landmark Building in Helsinki Sold

Finland Finland — The SEB Bank Building on Unioninkatu, Helsinki, has been sold to investment company Immobilien Europa Direkt, which is part of Zurich Investment Foundation and managed by Schroders.
Senate Properties sells the property on Uudenmaankatu 1-5 in Helsinki.

Senate Properties Sells in Helsinki

Finland Finland — Senate Properties, owned by the Finnish government divests a historical property in Helsinki CBD to the construction company Lapis Rakennus for €26.5 M.

Catella Establishes Property Investment Management Platform in Norway

Norway Norway — Catella enters property investment management in Norway and mezzanine fund management in Luxembourg through an initiative in partnership with Jarle Norman-Hansen and Bjarte Solheim, both with extensive experience from the property investment markets of Norway and the Nordics.

Pension Danmark Purchases Properties in Copenhagen and Aalborg

Denmark Denmark — Pension Danmark purchases 26,000 sqm on Østerbro in Copenhagen and 7,000 sqm in Aalborg.
Mikael Söderlundh.

Record Breaking Volumes on the Nordic Transaction Market

Nordic — The transaction volume on the Nordic real estate market will reach almost € 40 billion during 2015, according to new numbers from Pangea Property Partners. It is the highest noted level to date.

Multiple Large Housing Deals for Magnolia

Sweden Sweden — Magnolia Bostad, listed on Nasdaq Stockholm, divests future housing units in Uppsala and Helsingborg. The final total property value amounts to MSEK 1550 (€ 168 M).
Mikael Hasselberg

New Management Company Takes Over SEB Trygg Liv Portfolio

Sweden Sweden — A new Swedish management company, lead by Grandab’s Mikael Hasselberg, will take over the management of SEB Trygg Liv’s Swedish real estate portfolio of approximately 500 000 sqm.
Erik Selin.

Balder and AP3 Creates Housing Company

Sweden Sweden — Balder and the Third National Swedish Pension Fund (AP3) creates a joint venture for investments in housing properties in Sweden. “We have to wait and see the magnitude of this” Balder’s CEO Erik Selin tells Nordic Property News.
Jens Engwall.

Hemfosa Acquires Properties in Norway

Norway Norway — Hemfosa is acquiring the Statens Park area in the Municipality of Tønsberg, south of Oslo, in a transaction that includes nine properties and a parking garage. The underlying property value is MSEK 420 (€ 46 M).

Entra Divests in Tromsø

Norway Norway — Entra has sold the property Strandveien 13 in Tromsø to Nordic Investment AS. The property is 11.560 sqm and the transaction is based on a property value of MNOK 158 (€ 17 M).