Stefan Löfven.

Swedish Government Induct Stimulus for New Rental Units

Sweden Sweden — The Swedish government plans to introduce a stimulus packages of €344 M annually to increase the construction of rental units. The proposal will be a part of the budget proposition for 2016.
Rutger Arnhult.

Klövern Purchases in Central Gothenburg

Sweden Sweden — Klövern purchases two office properties in two separate deals, in Majorna, Gothenburg for a total of MSEK 360 (€39M). This is the first time Klövern purchases in central Gothenburg.
Omid Ashrafi.

Newsec Brokers Large Wind Power Deal

Sweden Sweden — The Swedish wind power developer Kraftö are now initiating the construction of Sörby wind farm, comprising 122 MW for the international insurance company Allianz, who acquires their third wind farm in Sweden. The park, that will consist of 37 Vestas V117 3.3 MW windmills, is calculated to be put into operation during the fall of 2016. Newsec has been exclusive advisors in the deal.

Largest Single Asset Transaction Ever in Finland

Finland Finland — A Finnish institutional joint venture led by SRV is set to launch construction of €480M REDI Shopping Centre in Helsinki.

Norwegian Property Leads The Way Across Nordics

Nordic — MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, has released the latest IPD Nordic Annual Property Index for 2014. The index shows that for the year ending December 2014, all properties across the Nordic region returned 7.0%, compared with 5.6% in 2013.
Karsten Kallevig.

Norwegian Oil Fund Ready for Asian Investment

Norway Norway — Within the next year, Norwegian Oljefonden (NBIM) will begin investing in Asian properties. There are mainly two cities that they aim for.
Johan Åström.

Stockholm at European Top for Future Real Estate Investments

Sweden Sweden — Stockholm has a frontline when TIAA Henderson Real Estate (TH Real Estate) in a new review examine the future’s most attractive cities for real estate investments. Sweden’s capital ranks seventh among cities with the highest expected Gross Domestic Product in 2030, which is one of the examined parameters. London tops the ranking, while Oslo ends up in thirteenth place.
Tellus tower.

New Hope for the Tellus Tower in Stockholm

Sweden Sweden — SSM Fastigheter is planning the construction of the 240 storey Tellus Tower at Telefonplan in Stockholm. The Armed Forces have opposed the construction for safety reasons, but a new possibility has emerged.
Fredrik Boheman.

SEB Divests its German Real Estate Investment Management Business

Sweden Sweden — Swedish bank SEB has signed an agreement to sell its German real estate investment management business, SEB Asset Management AG, including its main subsidiary SEB Investment GmbH, to Savills plc for a consideration of up to € 21,5 M in cash.
Forebu S.

Fornebu Awarded - Again

Norway Norway — The Norwegian shopping centre Fornebu S, located just outside of Oslo, recently won two awards at the Breeam Awards. Now they have been named Årets Bygg (Construction of the Year) in Norway.
Lehto Bygg builds Berents Center in Haparanda in Northern Sweden.

Lehto Bygg builds Barents Center in Northern Sweden

Sweden Sweden — Concent has signed a complete construction contract with Finnish Lehto Bygg AB at a total order value of SEK 1 billion (€107,7M). The construction is in regards to Barents Center, the largest retail project to date in Northern Sweden.
Pål Ahlsén.

Akelius Makes Further Purchases in London

Sweden Sweden — The Swedish Property Company Akelius purchases the Cotton Lofts property with 40 condominiums in Hackney, London. The purchase price amounts to €29,5 M.

Three Nordic Capitals Amongst Europe’s Eight Most Competitive Cities

Nordic — In JLL’s annual City Momentum Index (CMI), Copenhagen, Stockholm and Oslo are amongst the eight top regions in JLL’s ranking of Europe’s most dynamic cities.
Henrik Hoffman, Jesper Jørgensen and Jesper Henkel.

Three Additions to KPC’s Management

Denmark Denmark — Construction and property development company KPC advance three people to the management team.
Field´s has the largest turnover of the Danish shopping centres.

These are Denmark’s Largest Shopping Centres

Denmark Denmark — In their “Markeds Nyt 2015”, Colliers International has a list of the largest shopping centres in Denmark. Waves is the largest to the leasable area, but Field’s has the largest turnover. The country’s largest shopping centre owner is Danica Ejendomme.

Two Danish Architecture Firms Among World’s Most Innovative

Denmark Denmark — Two Danish architecture firms are on the reputable American business magazine Fast Company’s list of The World’s Top 10 Most Innovative Companies in Architecture.
Anders Nordvall.

Cushman & Wakefield Expand Swedish Operation with New Hires

Sweden Sweden — Global property adviser Cushman & Wakefield has announced the continued expansion of its Swedish operation with six new hires.
Per Jæger.

Strong Increase in Norwegian Constructions Startups

Norway Norway — The amount of construction startups in regards to Norwegian residences was 65% higher this year compared to 2014, according to Boligprodusentenes Forening (Norwegian Home Builders’ Association).
Stefan Ingves.

Swedish Riksbank cuts repo rate to −0.25 per cent and buys government bonds for €3,27 billion

Sweden Sweden — There are signs that inflation has bottomed out and is beginning to rise, but the recent appreciation of the krona risks breaking this trend. The Executive Board of the Riksbank has decided to make monetary policy even more expansionary by cutting the repo rate by 0.15 percentage points to −0.25 per cent and buying government bonds for €3,27 billion, to support the upturn in inflation.
Iso Omena.

Iso Omena to be expanded to nearly 100,000 square metres

Finland Finland — Citycon´s Iso Omena shopping centre and the connected Matinkylä Metro station in between Espoo and Helsinki, Finland, have reached their rooftop height. The first phase of Iso Omenas extension will be completed in August 2016.
Thomas Völker.

Helaba aims at a larger venture in the Nordics

Nordic — The german bank Helaba aims at a larger venture in the Nordics. “The Nordic is still a very interesting market for Helaba. I think that we will see the largest growth in Finland the coming year in the Nordic Region”, says Thomas Völker, who is responsible for the Nordics at Helaba.

German Fund Acquires EY Finland´s Head Quarters

Finland Finland — The open-ended real estate fund Uni Immo, managed by the German real estate investment company Union Investment has acquired an office building in Helsinki´s CBD from the Finnish pension insurance company Etera.

Axa divests to Sirius in Finland

Finland Finland — Axa Real Estate announces that it has completed, on behalf of one of its funds, the sale of a retail portfolio in Finland to Sirius Capital Partners for approximately €25M.
Erik Hjelt.

Sponda Plc's Chief Financial Officer leaves the company

Finland Finland — Sponda Plc's Chief Financial Officer leaves the company.

Three Nordic Winners at Mipim Awards

Nordic — Two Danish and one Swedish project won their categories at the Mipim Awards on Thursday evening. See the winners in this slideshow.