Pension Danmark purchases three KMD properties.

Pension Danmark in Large Acquisition

Denmark Denmark — Pension Danmark purchases three properties, encompassing a total of 88,000 sqm in Ballerup, Odense and Aalborg for MDKK 1,200 (€150M).

Increased International Interest in Finland

Finland Finland — Kai Keituri, Executive Chairman at Newsec Finland detects an increased interest in Finland from international investors. “Last year the transaction volume in Finland doubled, and we believe that the volume will remain as high this year”, he says.
Njalsgadekomplekset in Copenhagen

ELF Development Purchases in Copenhagen

Denmark Denmark — ELF Development purchases Njalsgadekomplekset in Copenhagen from Taekker Europe and Fontaine Partners for MDKK 340 (€45M).
Arkitema Architechts has grown rapidly and has now 368  employees.

Arkitema Purchases Norwegian ELN

Norway Norway — Danish Arkitema Architects purchases Norwegian Eliassen Lambertz-Nilsson Arkitekter (ELN).
Anders Nissen.

Pandox Explores Potential Listing

Sweden Sweden — The hotel property company Pandox is exploring a potential listing on Nasdaq OMX Stockholm.
Agneta Jacobsson.

Sweden – Europe´s Second most Liquid Market

Sweden Sweden — Sweden is Europe's second most liquid property market, according to DTZ, who measures the liquidity in volume of transactions per year related to the market's total property portfolio. Finland is on the third place.
Magnus Petersson, Sara Vesterlund and Victor Anderkvist.

DTZ recruits transaction trio from Pangea

Sweden Sweden — DTZ strengthens the Swedish Capital Markets transaction team further by recruiting Victor Anderkvist, Sara Vesterlund and Magnus Petersson. They all come from Pangea.
Gavlegårdarna divests to IHF Bostad.

IHF Bostad Purchases 737 Rental Units in Gävle

Sweden Sweden — IHF Bostad, owned by Ica-handlarnas Förbund and Möller & Partners, purchases 737 rental units from the municipal Gavlegårdarna in Gävle for a total of MSEK 468 (€51M).
Erkki Hakala.

Catella: Reflationary monetary policy supports the property market in Finland

Finland Finland — The reflationary monetary policy introduced by the European Central Bank – and low interest rates in particular – strongly support part of the property market. Last year, the Finnish transaction volume exceeded € 4 billion, compared to the more or less € 2 billion in the previous five years, according to Catella.
Jörgen Lundgren.

Norrporten Divests German Properties

Sweden Sweden — Norrporten divests their three properties in Hafen City in Hamburg to Pembroke Real Estate.

Stor-Oslo Merges companies

Norway Norway — Stor-Oslo Projekt and Stor-Oslo Management merges and creates Stor-Oslo Eiendom AS.
Bård Bjølgerud

Boom for Nordic real estate shares

Nordic — Nordic real estate shares have seen a bright start of 2015, according to Pangea Property Partners' property share index.

KTI: Total return of 5,6% in Finland

Finland Finland — According to the KTI Index, the total return on the Finnish property investment market increased to 5.6% in 2014 (4.4% in 2013).
Max Barclay.

Newsec: Properties continue to deliver attractive yield

Sweden Sweden — Low interest rates, higher risk willingness, good availability of financing and a relatively low risk of vacancies have led to continued decline in the yield requirements for Swedish properties, while the yield beyond prime locations are beginning to approach primary levels, according to this spring´s new issue of Newsec Property Outlook.
TIAA Henderson Real Estate Purchases the Shopping Centre Nova Lund for €176 M from Unibail-Rodamco.

TIAA Henderson Purchases Shopping Centre in Sweden

Sweden Sweden — TIAA Henderson Real Estate Purchases the Shopping Centre Nova Lund for €176 M from Unibail-Rodamco.

Seven Nordic Finalists in Mipim Awards

Nordic — Seven Nordic entries, of which three are from Denmark, are nominated in this year’s Mipim Awards. See the nominated projects in a slideshow here.
There are currently a total of 2,234 people from 817 Nordic companies and organisations registered for Mipim.

They Send Most Delegates to Mipim

Nordic — Nordic Property News has studied the list of sign ups to Mipim that kicks off on Tuesday. There are currently a total of 2,234 people from 817 Nordic companies and organisations registered. Here you find a list of the companies sending the highest number of employees - Newsec is on top. “Mipim is important to us, it is the best opportunity during the year to meet both domestic and international investors” says Max Barclay, CEO, Newsec Sweden.
Balder´s acquisition of the hotel property with Courtyard of Marriot in Stockholm, Sweden, was the largest deal in the Nordics in February.

Transaction volume in February: €1.2 billion

Nordic — The Nordic transaction market was moderate in February. 50 deals were made and the transaction volume reached €1.2 billion, according to Pangea Property Partner´s monthly report.
Erik Dellner and Daniel Gorosch.

JLL Purchases Consulting Firm

Sweden Sweden — JLL in Sweden purchases Nextport Business Relocation Partner and becomes one of Sweden’s leading companys also in tenant advisory.
According to the survey there is optimism in the Swedish Real Estate Industry.

Optimism in the Swedish Real Estate Industry

Sweden Sweden — A positive picture is painted by the predecessors to the Swedish real estate market in this year’s edition of PWC’s Fastighetstempen (Property thermometer). More than 70 percent of the respondents believe in increased rental income for the industry. They also believe in rising property prices, increased investments and more than half of the surveyed companies will hire new employees during the twelve upcoming months.

KAB Purchases Hotel in Gothenburg

Sweden Sweden — KAB Fastigheter purchases a hotel property, encompassing 11,500 sqm, in Gothenburg for approximately MSEK 300 (€32M).
Åsa Linder.

Åsa Linder Leaves JLL

Sweden Sweden — Åsa Linder, Head of Analysis at JLL Sweden moves on to become Head of Transactions, Analysis and Valuation at Svenska Bostadsfonden. Norbert Adamek is the new Head of Analysis at JLL.
Fornebu S.

Norwegian Shopping Center Dually Rewarded at Breeam Awards

Norway Norway — The Norwegian shopping center Fornebu, just outside of Oslo, was dually awarded at the Breeam Awawrds in London yesterday. They won both the BREEAM Retail New Construction category and the audience’s prize Your Breeam.
Mikael Pehrsson.

Bouwfonds acquires 70 condominiums in Copenhagen

Denmark Denmark — Sveafastigheter Fund III, in cooperation with local asset management partner North Property Asset Management, has divested 70 condominiums in Copenhagen to Bouwfonds Investment Management.

Stena Invests in Famous Hotel Property in Stockholm

Sweden Sweden — Stena Fastigheter invests MSEK 500 (€53M) in Sergel Plaza in Stockholm. Stena has signed a long agreement with Scandic, that will open a unique destination and meeting place in the property, in 2017. Stena are also going to develop 4,000 sqm of retail shops in Sergel Plaza.