Nordic Choice Hotels is first in Nordics with Apple Pay

Nordic Choice Hotels First in Nordics With Apple Pay

Nordic — As the first hotel chain in the Nordics, and one of the first outside of the US, Nordic Choice Hotels now introduces the cashless payment method Apple Pay in their hotels. The service is the first global solution that is predicted by the industry to revolutionize people’s payment behavior.
Atrium Ljungberg gör i och med köpet av tre kontorsfastigheter om cirka 35 000 kvadratmeter för 897 miljoner kronor premiär i Göteborg.

Atrium Ljungberg in Premiere Purchase in Gothenburg

Sweden Sweden — Listed company Atrium Ljungberg has now made their first real estate deal in Gothenburg. It’s regarding three large office properties on Lindholmen. The value in the deal amounts to MSEK 897 and the seller is Älvstranden Utveckling.
David Neil.

Genesta Achieves Large First Closing for its Nordic Real Estate Fund II

Sweden Sweden — Genesta announces the first closing of its new fund - Genesta Nordic Real Estate Fund II. The fund has secured commitments of EUR 152 million from four institutional investors. Genesta is the first manager in the Nordics to be approved as an AIFM.
Lars Thagesson

Hemfosa Divests Residential Property and Housing Development Rights

Sweden Sweden — Hemfosa has owned Ribby Ängar together with Bygg-Fast and the divestment relates to the Ribby 1:478 property in Västerhaninge, which comprises 148 completed residential units and the remaining housing development rights in the area on the Ribby 1:480 and 1:481 properties.

New Retail Company Soon Listed on First North

Sweden Sweden — Agora – A Group of Retail Assets – with Steen & Ström’s former Sweden manager Wilner Anderson as CEO will soon be listed on First North Stockholm. The company has purchased retail properties for SEK 3,5 billion (€374M). Behind the company is among others Kvalitena and M2 Gruppen.
Biljana Pehrsson.

Kungsleden Acquires Four Properties From Alecta

Sweden Sweden — Kungsleden acquires four properties in the growth regions Jönköping and Malmö with a total leasable area of 24,000 sqm to the price of MSEK 385 (€41M).
Nu har Swedavia gått i mål med sin sedan länge annonserade storaffär och bildar ett joint venture med köparen Alecta. Det underliggande fastighetsvärdet är nästan fyra miljarder kronor.
Från vänster: Torborg Chetkovich, koncernchef Swedavia, Fredrik Palm,

Large Airport Portfolio Transaction in Sweden

Sweden Sweden — State-owned group Swedavia has sold 20 airport properties to a joint venture company owned equally by occupational pensions specialist Alecta and Swedavia.

AIG Divests in Finland

Finland Finland — AIG – American International Group – has sold a property in Vantaa, just north of Helsinki. The buyer was Swedish property company Sagax, and the purchase price amounted to MSEK 106 (€11M).
Skanska constructs educational facilities in Trondheim.

Skanska Constructs Educational Facilities in Trondheim for over €30M

Norway Norway — Skanska has signed a contract with E.C. Dahls Eiendom AS to refurbish existing facilities and construct new buildings at Sør-Trøndelag University College in Trondheim, Norway.

NREP Sells Retail Property in Finland

Finland Finland — NREP - Nordic Real Estate Partners – has sold a 30.000 sqm retail property in Finland to the Finnish real estate fund EQ Liikekiinteistöt.

Ilmarinen in Large Residential Deal

Finland Finland — Ilmarinen sold a portfolio of over 1,200 apartments to OP-Rental Yield, a fund part of OP-Pohjola Group, for approx. €160M.

Kungsleden Acquires Office Property From Humlegården

Sweden Sweden — Kungsleden strengthens its position north of Stockholm by acquiring the property Terminalen 2. The property has a leasable area of over 15,000 sqm and the sales price is MSEK 285 (€30M). The vendor is Humlegården.

New Pareto Company Purchases in Linköping – Will be Listed on First North

Sweden Sweden — Pareto has created a new company that purchases a portfolio from Isidorum in Linköping.

Bankruptcy Level surprisingly negative in Denmark

Denmark Denmark — In May, there were 56 bankruptcies in the Danish construction industry compared to 48 last year.
Simon de Château.

Akka Plans Large Investment in Swedish Housing

Sweden Sweden — Möller & Partners and Alma Property Parthers has together with Apoteket AB’s Pensionsstiftelse, Allmänna Arvsfonden and PRI Pensionsgaranti established Akka Egendom, a housing company for long term management of rental housing in Sweden.

Klövern Signs a 20-year Lease With StayAt in Kista

Sweden Sweden — Klövern has signed a lease contract with StayAt HotelApart AB regarding an apartment hotel with around 170 rooms in Kista.
Gabrielle Hemmerlind.

Savills Appoints New Head of Office Agency in Sweden

Sweden Sweden — International real estate advisor Savills has appointed Gabrielle Hemmerlind as head of office agency in Sweden based in its Stockholm office.
Michael R Mourier.

Creates Denmark’s Fifth Largest Architecture Company

Norway Norway — KPF Arkitekter purchases Erik Møller Arkitekter. The new architecture firm becomes Denmark’s fifth largest.
Peter Wiman.

Swedish Prime Yields set for First Fall Below 4 % Since 1980s

Sweden Sweden — The gap between prime and secondary property yields in Sweden is set to fall by around 25bp this year as investor demand for secondary product grows, says realtor Savills. Prime yields may fall below 4% for the first time since the 1980s.
Nu presenterar Eklandia de första hyresgästerna i projektet Blenda på Lindholmen i Göteborg.

Castellum Starts the Next Office Project at Lindholmen in Gothenburg

Sweden Sweden — Castellum has, through its wholly owned subsidiary Eklandia Fastighets AB, started a new construction of a high quality office building "Blenda" in the middle of the international engineering cluster at Lindholmen in Gothenburg.

Pandox Announces its Intention to List on Nasdaq Stockholm

Sweden Sweden — Pandox AB announces its intention to proceed with an Initial Public Offering and to list its B-shares on Nasdaq Stockholm. Nasdaq Stockholm has decided to admit the Company’s B-shares to trading, subject to customary conditions. Depending on current market conditions, the IPO is expected to be completed during 2015.

NCC to Build Housing at Islands Brygge in Copenhagen

Denmark Denmark — NCC has been commissioned to build housing at Islands Brygge in Copenhagen on behalf of the Danish pension fund, Pension Danmark. The order is worth MSEK 360 (€39M).

American WP Carey Purchases in Norway

Norway Norway — The American investor WP Carey purchases a retail property in Oslo for MNOK 724 (€85M).
Marcel Kokkeel.

Citycon Acquires Norwegian Sektor Gruppen for Approximately € 1.5 Billion

Norway Norway — Citycon acquires Sektor Gruppen, Norway’s second largest shopping centre owner and manager – consolidating Citycon as the largest listed shopping centre specialist in the Nordics and the third largest listed continental European operator.
Christian Hermelin.

Fabege Acquires in Solna

Sweden Sweden — Fabege is acquiring the Stora Frösunda 2 and Hagalund 2:2 properties in Solna from Catena. The acquisition increases Fabege’s portfolio of development rights directly adjacent to Arenastaden. The acquisition has a total value of €157M.