Robert Fonovich.

New CEO at Catella Corporate Finance

Sweden Sweden — Robert Fonovich has been elected CEO at Catella’s Swedish Corporate Finance department. He most recently had the roll as Sweden and Sector Manager in the area of Corporate Finance Real Estate at PWC and has more than 15 years of experience as leader within real estate advisory. He will replace Johan Ericsson who has been acting CEO since Anders Nordvall’s departure this fall.
Kista Torn.

Stockholm’s Tallest Residential Building Reached Top

Sweden Sweden — The construction company JM’s Kista Torn has reached its full height, approximately 120 meters and 40 storeys high, of which 35 are residential storeys. It is by far Stockholm’s tallest residential building located in the middle of Kista.

Postnord Denmark Rents 11,500 sqm Office in Copenhagen

Denmark Denmark — Postnord Danmark rents 11,500 sqm from PFA Ejendomme for their new country office in Denmark.

Tribona Acquires Logistics Properties in Malmö

Sweden Sweden — Tribona has acquired seven logistics properties in Malmö with a property value of approximately MSEK 257 (€28M)
Norges Bank Investment Management acquires 322 operating properties for 2.3 billion dollars (€2,13 billion) from KTR Capital Partners.

The portfolio consists of  located across 17 US states.

Norwegian Oil Fund in Large US Investment

Norway Norway — Norges Bank Investment Management (Norwegian Oil Fund) has signed an agreement to acquire a 45 percent interest in a 60 million square feet industrial portfolio with additional development potential in a joint venture with Prologis. The total volume of the deal is €2,15 billion.
Roger Akelius

Raises All Salaries by 20 Percent

Sweden Sweden — Yesterday marked Roger Akelius’ – founder of Akelius Residential Property – 70th birthday. His way of celebrating: All 475 employees at Akelius get a 20 percent salary raise.
Andreas Nelvig.

NP3 Purchases in Northern Sweden

Sweden Sweden — NP3 Fastigheter purchases the real estate company AB Klar-Invest’s complete portfolio of 20 properties in Luleå, Piteå, Gävle and Skellefteå for MSEK 453 (€47M).
Ikea has purchased land centrally in Copenhagen and plans to construct a 37,000 sqm department store.

Ikea Builds in Central Copenhagen

Denmark Denmark — Ikea has purchased land centrally in Copenhagen and plans to construct a 37,000 sqm department store.
Henrik Saxborn.

Castellum and Heimstaden Enter into Major Transaction

Sweden Sweden — Castellum and Heimstaden have completed a deal involving property values worth SEK 2.4 billion (€257M). In all, the transaction comprises 27 properties, totalling 186,668 sqm in Norrköping, Linköping, Örebro and Solna. The transaction also marks the beginning of a joint venture in the urban development of Linköping and Norrköping.

This Could Be Norway’s New Government Block

Norway Norway — Six architecture teams have created proposals concerning the look of Norway’s new government block. See the pictures here.

Logistic Contractor Launches in Norway

Norway Norway — Logistic Contractor, which is a part of the Swedish Wästbygg Group, has started a subsidiary aiming for Norway.

Swiss Investors Make Large Purchase in Norway

Norway Norway — Swiss Partners Group has purchased 30 properties from Storebrand Eiendomsfond at a total value of MNOK 3,709 (€440M).

Increasing Transaction Activity in the Nordics

Nordic — The overall transaction activity is described as increasing in Pangea´s Nordic Property Market Update for March. 63 deals were made at a total volume of €2.4 billion.

Selvaag Bolig: Dividend Twice a Year

Norway Norway — The board of directors of Selvaag Bolig (listed in Oslo) wants to pay dividend twice a year.

Patrizia Divests Three Properties in Stockholm

Sweden Sweden — D Carnegie & Co – listed on Nasdaq First North Premier in Stockholm – has acquired three properties in the Greater Stockholm region from German Patrizia.

Sweden has the Best Nordic Shopping Center 2015

Sweden Sweden — NCSC Awards, Best Nordic Shopping Center 2015 is announced – and the winner is Täby Centrum, Sweden, owned by Unibail-Rodamco.

Large Non-banking Deal Finances Carlsberg Byen

Denmark Denmark — Carlsberg Byen has entered into a non-banking credit agreement with the Danish pension fund PKA totalling €325M.
ATP Ejendomme purchases Dansk Design Center’s property on HC Andersens Boulevard

ATP Purchases Design Building in Copenhagen

Denmark Denmark — ATP Ejendomme purchases Dansk Design Center’s property on HC Andersens Boulevard near Tivoli in Copenhagen.

Orava Acquires 140 apartments

Finland Finland — Orava Residential REIT has in two separate deals acquired 140 apartments in different cities in Finland.
Jan Björk.

Redito Purchases Retail Properties in Finland

Finland Finland — Redito/Trophi purchases five retail properties from Ilmarinen in Finland.

Legal 500: Six Firms Share First Place in Denmark

Denmark Denmark — Six firms are ranked at the top of Legal 500’s rank of Denmark’s best real estate and construction lawyers: Accura Advokatpartnerselskab, Bech-Bruun, Bruun & Hjejle, Gorrissen Federspiel, Kromann Reumert and Plesner.

Best in Finland: Castrén & Snellman, Krogerus and Roschier

Finland Finland — Castrén & Snellman, Krogerus and Roschier tops the Legal 500 survey list of Finland´s best real estate lawyers.

Legal 500 – Seven Firms Share First Place in Norway

Norway Norway — In the Legal 500 survey, seven law firms share the first place when the top real estate lawyers in Norway are named.

These are Sweden’s Top Real Estate Lawyers

Sweden Sweden — The annual international Legal 500-survey, where the top lawyers and law firms are judged by their clients, has now been conducted. These are Sweden’s best real estate lawyers, according to Legal 500.

Record Quarter for Veidekke’s Residential Sales

Norway Norway — Veidekke sold a total of 462 residences during Q1. That is Veidekke’s so far strongest quarter for the company’s residential sales.