Arkitema won an architecture competition for a large project in Egedal.

Arkitema Winner of Architecture Competition for 27-Hectare District

Denmark Denmark — Arkitema Architects wins an architecture competition on developing the city and landscape architecture in two upcoming districts in Egedals municipality.
Siv Jensen

Norwegian Oil Fund Increases Property Allocation

Norway Norway — The limit for the Norwegian Oil Fund (NBIM’s) real estate allocation is increased from five to seven percent.
Joni Koski

CBRE Appointed by Aberdeen to Manage Nordic portfolio

Nordic — CBRE has been appointed by Aberdeen Asset Management, the global asset management group, to manage a real estate portfolio of 290 assets in the Nordic region.

Entra Signs Leasing Contrakt in Oslo

Norway Norway — Entra Signs Lease Contract With the Oslo Municipality Education Authority.
The bank´s new headquarters.

New Headquarters in Stavanger

Norway Norway — The board of SpareBank 1 SR-Bank has entered into a letter of intent with Block Berge Bygg regarding the construction of the group´s new headquarters on Bybergstykket in Bjergsted, Stavanger,

Entra Signs Leasing Contract in Oslo

Norway Norway — Entra Signs Lease Contract With the Oslo Municipality Education Authority.

Sirius Acquires Retail Portfolio

Finland Finland — Sirius Capital Partners has acquired a portfolio including eight retail assets located in southern and southeastern Finland.

Regio Acquires Baronen Retail Centre in Kalmar

Sweden Sweden — Sveafastigheter’s and the Third National Swedish Pension Fund’s (”AP3”) common property company Fastighets AB Regio has acquired Baronen Retail Centre in Kalmar from CBRE Global Investors. Handover was completed on 6 April 2016. Thus, Regio has completed acquisitions for a property value totalling SEK 2.7 billion (€260 M) since September 2015.
Mikael Granath.

Willhem Makes Large Purchase from Akelius

Sweden Sweden — Willhem purchases 4,302 apartments, 119 properties, in West Sweden from Akelius for SEK 5 billion (€540M).

Valad Europe Makes Maiden Acquisition for New Nordic Retail Partnership

Sweden Sweden — Valad Europe announces the launch of its Valad Nordic Retail Partnership (VNRP) with the acquisition of a portfolio of four regional shopping centres in Sweden.

D. Carnegie & Co Purchases Property Portfolio in Katrineholm

Sweden Sweden — The residential property company D. Carnegie & Co AB has entered into an agreement to acquire a property portfolio in Katrineholm. The sellers are Fastighets AB L E Lundberg and Byggnads AB Karlsson & Wingesjö.
Henrik Saxborn.

Castellum Creates New Group Structure

Sweden Sweden — Castellum will consolidate all group companies under the Castellum brand and establish a new structure for its operations. The six subsidiaries will become four regions: West, Stockholm, Central and Öresund.
Agneta Jacobsson.

Continued High Transaction Activity – Increased International Interest

Sweden Sweden — The Swedish transaction market got off to a good start in 2016 and the transaction volume for the first quarter amounted to SEK 28.5 billion (€3.1M), which is more than SEK 5 billion (€540M) higher than the same period in 2015. It is also the second highest deal volume recorded during a first quarter in the last ten years.

Savills IM Divests in Northern Sweden

Sweden Sweden — Sveafastigheter’s and the Third National Swedish Pension Fund’s common property company Regio has acquired five properties within Solbacken retail district in Skellefteå, Sweden. The seller is Savills Investment Management.

These Are Denmark’s Most Expensive Streets

Denmark Denmark — Havnegade in Copenhagen is Denmark’s most expensive street. On average an apartment there costs more than DKK 66,000 (€8,916) per square meter.

Balder Divests to Hökerum in Jönköping

Sweden Sweden — Balder divests 378 apartments for MSEK 320 (€35M) to Hökerum Fastigheter, this being their first acquisition in Jönköping.

Orava Acquires apartments

Finland Finland — Orava Residential REIT acquires a total of 49 apartments for a total debt-free purchase price of € 9.6 million.
Kungsleden divests in Köping.

Kungsleden Divests Three Properties

Sweden Sweden — Kungsleden divests the property Midgård 12 in Köping as well as the properties Handelsmannen 1 and Storsten 2 in Norrtälje. The total sales price amounts to MSEK 97 (€10,5M).
Pension Danmark acquires the BDO-building in Aarhus.

Pension Danmark Purchases in Aarhus

Denmark Denmark — Pension Danmark purchases two office properties in Aarhus from Obel Ejendomme for DKK 555 (€75M).
Genesta acquires in Oslo.

Genesta Acquires Prime Office Property in the Oslo CBD

Norway Norway — Genesta Nordic Real Estate Fund II has acquired the office property Dronning Mauds gate 15 in Oslo CBD from Eksportfinans ASA.

CBRE Enters into Agreement to Acquire Affiliate in Norway

Norway Norway — CBRE Group has entered into an agreement to acquire its affiliate company in Norway, Atrium AS, responding to increased demand from clients targeting commercial real estate opportunities across the Nordics.
Zander Kaaes gate 7 in Bergen.

KLP Purchases in Bergen

Norway Norway — KLP Eiendom has purchased a property under construction in Bergen from Rom Eiendom for MNOK 760 (€80M).
Simen Mortensen.

DNB: Believe That Foreigners Will Turn Their Back on Norway

Norway Norway — “We believe that the international part of the Norwegian transaction market will be considerably lower in 2016 compared to 2015” says DNB Markets’ analysis, Simen Mortensen.

Norwegian Brokers Believe in Good 2016

Norway Norway — 2015 broke all records on the Norwegian transaction market and properties for NOK 120 billion (€13M) were sold. The brokers believe that 2016 will be good as well, but they expect lower levels.
Atrium Ljungberg acquires Malmen 12 in Malmö.

Atrium Ljungberg Expands in Central Malmö

Sweden Sweden — Atrium Ljungberg has signed an agreement to acquire the Malmen 12 property – an office and health care property totalling approximately 7,500 m² letting area – in central Malmö for MSEK 125 (€14M). The seller is Wihlborgs.