Postnord Rents 19,000 sqm in Copenhagen

Denmark Denmark — Postnord Denmark will during the summer of 2016 move their Postcenter in Copenhagen to Høje Taastrup where they rent 19,000 sqm in a property owned by Carlsberg.
Knut Pedersen.

Catella divests Nordic Fixed Income

Sweden Sweden — Catella has signed an agreement with Arctic Securities AS to sell all shares in its subsidiary Nordic Fixed Income AB.
NCC divests Zenit Company house 2 in Aarhus, Denmark.

PKA Pension Purchases in Denmark

Denmark Denmark — NCC divests Zenit Company house 2 in Aarhus to PKA Pension for a total of approximately MSEK 150.

The University of Oslo Purchases for Future Development

Norway Norway — The University of Oslo purchases the Nemko property on the University campus for MNOK 205 (€36M).
Arve Regland.

Arve Regland Appointed new CEO of Entra

Norway Norway — The Board of Directors of Entra ASA has appointed Arve Regland (43) as the companys new Chief Executive Officer (CEO). Mr Regland has been acting CEO since February this year when the previous CEO Klaus-Anders Nysteen decided to leave Entra to take up a similar position in Lindorff Group.
Office construction volumes remain rather low in the Helsinki Metropolitan Area, according to the KTI statistics,

Office Construction Volumes Remain Low in Helsinki

Finland Finland — Office construction volumes remain rather low in the Helsinki Metropolitan Area. According to the KTI statistics, there were approx. 94,000 sqm of new office space and 16,000 sqm of major office redevelopment projects under construction at the end of March.

Residential Prices Increased Slightly in the Helsinki Area

Finland Finland — According to Statistics Finland, the prices of dwellings in old apartment buildings and terraced houses increased by 0.6% in Greater Helsinki Area in the first quarter of 2015.
Genesta divests Grensen 5-7 in Oslo.

Genesta divests to Tristan Capital Partners in Oslo

Norway Norway — Genesta has divested Grensen 5-7, a retail and office property in Oslo, on behalf of its managed fund Genesta Nordic Baltic Real Estate (GNBRE), for about NOK 630 million (€74M).

Niam acquires office property in Copenhagen

Denmark Denmark — Niam acquires an office property, fully let to IBM, in Copenhagen from the Danish property fund Norden.

New High Rise in Gothenburg

Sweden Sweden — Danish Henning Larsen Architects has won the international design competition for Skanska´s remarkable new high-rise landmark in Gothenburg, Sweden’s second-largest city.

Scala Acquires Shopping Centres in Norway

Norway Norway — Scala Retail Property acquires four shopping centres, encompassing 68,000 sqm in Norway, from Norges Gruppen Eiendom.
The construction rate in Denmark is increasing and during the coming year there will be construction projects corresponding to €9,6M billion according to the prognosis.

Construction Project for €9,6 Billion in Denmark 2015

Denmark Denmark — The construction rate in Denmark is increasing and during the coming year there will be construction projects corresponding to €9,6M billion according to the prognosis.
Deka Immobilien GmbH has concluded the sale of an office building in Solna, part of the Stockholm metropolitan area in Sweden.

Deka Immobilien Sells Office Building in Sweden

Sweden Sweden — Deka Immobilien GmbH has concluded the sale of an office building in Solna, part of the Stockholm metropolitan area in Sweden.

Norwegians Makes Large Purchase in Finland

Finland Finland — Norwegian company NRP (Ness Risan & Partners) has completed a purchase of 4 properties and a developmennt site to be completed in 2016 from Posti in Finland. Total price is approx. €120M.

The Nordics Experience a Confident Start of the Year

Nordic — CBRE´s latest research report shows high market activity in the Nordics.

Sponda Signs €115M Loan Extension

Finland Finland — Sponda Plc has signed a loan agreement for 5 years for €115M with Danske Bank Plc. The arrangement extends the loan original maturity from July 2015 to April 2020. The loan is unsecured. The latest drawdown date of the loan will be in July 2015.

Record Year for New Brands in Sweden

Sweden Sweden — Never before have this many new brands been established on the Swedish market, reported by JLL in their report Destination Nordics. “There is a high pressure on the Swedish Market and international investors search for store locations like never before” says Martin Lindgren, CEO for Retail Agency at JLL Sverige.
Mengus sells Solna Gate to Klövern at a value of SEK 1,2 billion (€130M).

Mengus Sells for €130M in Stockholm

Sweden Sweden — Private Equity firm Mengus’ first fund (Mengus 2005) sells the office property kv. Aprikosen 2, by Mengus named Solna Gate. The property encompasses approximately 35,000 sqm leasable area and is sold to Klövern at a underlying value of approximately SEK 1,2 billion (€130M).
The new six-storey building will consist of office space, retail stores and a parking garage. The total area will be about 50,000 square meters.

Skanska Constructs Commercial Property in Norway

Norway Norway — Skanska har signed a contract with Harald Kværner Eiendom AS to construct a commercial property and a parking garage in Jessheim, Norway. The contract value is €36,4M, which will be included in order bookings for Skanska Norway for the second quarter of 2015.

UPL Purchases from Norwegian Counties

Norway Norway — Utstillingsplassen Eiendom purchases properties from the counties Hamar and Ringsaker for MNOK 245 (€29M).
Skanska sells Österport 7 in Malmö to SPP Fastigheter.

Skanska Sells Office Property in Malmö

Sweden Sweden — Skanska has signed a contract with SPP Fastigheter regarding transfer of the office property Österport 7 in Malmö. The deal is implemented as a corporate transaction where the purchase price is based on an underlying property value of MSEK 330 (€35M).
Eva Nygren.

Two New CEOs in Stockholm City’s Companies

Sweden Sweden — This week two new CEOs have been appointed to Stockholm City’s real estate companies.

Danish Listed Company Divests in Germany

Denmark Denmark — Listed Victoria Properties A/S divests the Neue Stadtmitte Kelkheim property just outside of Frankfurt.

Capman Real Estate acquires an office building in Copenhagen

Denmark Denmark — The Capman Nordic Real Estate fund has acquired the office building Finsensvej 86 located in Flintholm, an established and growing office area in the county of Frederiksberg in Copenhagen.
CBRE´s latest research report shows high market activity in Sweden.

A Confident Start to 2015

Sweden Sweden — CBRE´s latest research report shows high market activity in Sweden.