CBRE Global Investors has signed a lease with Postnord for the entire logistics asset Lagret 1, outside the city of Umeå

CBRE Global Investors leases 25 000 sqm to Postnord

Sweden Sweden — CBRE Global Investors has on behalf of the CBRE Nordic Property Fund signed a lease with Postnord for the entire logistics asset Lagret 1, located outside the city of Umeå in the northern part of Sweden, totalling 25,000 sqm.

Norwegian Hotel Giant’s First Investment in Finland

Finland Finland — The Norwegian hotel giant Petter Stordalen enters the Finnish market for the first time through a large investment in a 429 room hotel.
Carl Haglund

Wants Authority to Stop Foreign Property Business

Finland Finland — Carl Haglund, Finland´s Minister of Defence, says that he wants mandate to prohibit foreign investments in strategically important properties.
Anders Nissen.

Pandox Asset Management signs first agreement

Nordic — Pandox has started a new business area, introducing the new division Pandox Asset Management, which will manage hotel properties on behalf of external property owners. The first agreement is now signed, with Eiendomsspar AS.

Danish Architect Draws Google’s New Headquarters

Denmark Denmark — Google is planning a new headquarters in Mountain View, Silicon Valley. The office takes the word flexible to a whole other level. The Danish architecture firm BIG - Bjarke Ingels Group - and british Heatherwick Studio are behind the architecture.

Niam Sells the Remaining 27.5% of Sektor Gruppen

Norway Norway — Niam has signed an agreement to sell the remaining shares of Sektor Gruppen to the three other owners.
Gyrithe Saltorp.

Gyrithe Saltorp New CEO at Danish Building & Property Agency

Denmark Denmark — On April 1st 2015 Gyrithe Saltorp assumes the new position as CEO at The Danish Building & Property Agency (Bygningsstyrelsen).
The skyscraper is planned to reach 30 stories and stand 118 meters tall.

30 Story Building to be Built in Stavanger

Norway Norway — The developer Haakon Ørland has selected Link Arkitektur as architects for a new skyscraper complex in Forus Öst, Stavanger, with hotel, office spaces, residences and retail.


Ikea Forms New Mall Company

Nordic — Ikea forms a new global real estate company to own shopping malls around Ikea department stores. - I cannot comment on how this will affect us, Jan Kristensson, CEO at Ikano Retail Centres tells Nordic Property News.

JLL: Stable Development on Stockholm’s Office Market

Sweden Sweden — Stockholm’s office market is continuously characterised by a low supply and high rent levels. At the same time minor movements towards increased vacancies are visible in the most central locations and a decrease in available office spaces outside the city. This is shown by the annual Nordic City Report conducted by JLL.

Nordic Transaction Volume at €1,700 M in January

Nordic — According to Pangea Property Partners, the transaction volume on the Nordic real estate market reached €1,700 M in January. According to Pangea, 56 business deals were made in January.

Castellum Purchases in Copenhagen

Denmark Denmark — The Swedish listed real estate company Castellum purchases three properties in Copenhagen through daughter company Briggen. The investment reaches MSEK 417 (€43,7 M).

Axa’s Billion Divestment in Finland

Finland Finland — Trevian Asset Management has with Cording Real Estate Group and H.I.G. Capital jointly purchased a portfolio containing 123 retail properties, in Finland. The underlying property value reaches approximately €107 M, divested by a fund managed by Axa Real Estate Investment Management.

Ruohonjuuri shop in Citycenter shopping centre chosen as shop of the year

Finland Finland — The Ruohonjuuri shop in the shopping centre Citycenter, which is owned by Sponda, was chosen as the shop of the year 2015 at the Retail Awards gala.

Sponda: DTZ Finland the property agent of the year

Finland Finland — Finnish Property investment company Sponda Plc has awarded DTZ Finland Oy as the property agent of the year for 2014. The same property agency was now rewarded for the first time on two consecutive years.
Jens Engwall.

Hemfosa acquires in Fredrikstad

Norway Norway — Hemfosa Fastigheter acquires a community service property in Fredrikstad, Norway, valued at NOK 770 million (approximately €81m).