Eero Syväniemi.

Catella Expands its Relationship with Moor Park

Finland Finland — Catella Asset Management (former Amplion) continues to expand its relationship with Moor Park Capital Partners and certain overseas investors in administering real estate entities in Finland.
TOP 4 Nordic
Thomas Persson, Head of Capital Markets at JLL.
Nordic Nordic —
"Some players may be disappointed when they see the bids this autumn"
Andreas Morfiadakis, CEO of SBB.
Nordic Nordic —
SBB sells to PPI
Marius Hauland Næss, CEO and Managing Director of Snøhetta Oslo.
Nordic Nordic —
Snøhetta architect: "We must dare to think in terms of higher density"
Leiv Synnes, Louise Bergqvist, David Dahlgren and Johan Zachrisson.
Nordic Nordic —
The industry's hottest free agents

Less office space is used in the Nordics

Nordic — According to Catella, the use of office space per capita has grown in southern Europe since 2000. But in the Nordics, the space per capita has decreased.

Skanska to build commercial building in Kristiansand for NOK 390 M (€41,8 M)

Norway Norway — Skanska has signed a contract with Christiansholm Eiendom AS to build Kvartal 32 in Kristiansand, Norway. The contract includes both construction and renovation of a commercial building.
Rikard Hegelund.

Stronghold Invests in Workaround

Sweden Sweden — Stronghold Invest – the owner of Newsec, Niam and Datscha, invests in Workaround, whose aim is to create the leading workplace sharing service in the Nordic region.

Peab Builds Apartments in Oslo

Norway Norway — Peab has been contracted to build 75 new apartments in Oslo. The client is Seilduksgata 25-31 and the contract amounts to 176 MNOK (€18.8 M).

Strong Quarter for the Norwegian Transaction Market

Nordic — The investment volume in Norway reached € 3 billion in Q3, representing approximately 33% of the total Nordic volume, which reached € 9.1 billion in the quarter.
Magnus Blomsterberg.

Balder and Backahill Become Owners of New Brinova

Sweden Sweden — Balder and Backahill creates the new company Brinova. The aim is set for listing the company in 2016.

NREP Acquires a Retail Development in Espoo

Finland Finland — NREP Nordic Strategies Fund I has acquired a retail development of 2,600 sqm in the Niipperi area of Espoo, Finland.

Etera Acquires 50% of the Shopping Centre Ristikko

Finland Finland — Etera Mutual Pension Insurance Company has acquired 50% of the shopping centre Ristikko, located in Konala, Helsinki, from Hartela.
Ulf Nilsson.

D Carnegie & Co Divests Gothenburg Portfolio

Sweden Sweden — D Carnegie – listed on Nasdaq Stockholm – has entered an agreement to divest its properties in Gothenburg for MSEK 493 (€ 52M).

Large Office Deal in Oslo

Norway Norway — Fornebuporten Holding AS, an indirect subsidiary of Aker ASA, has signed an agreement to sell its shares in Fornebuporten AS to a Norwegian real estate consortium led by Pareto Securities AS. The transaction values the Fornebuporten offices at NOK 3.2 billion (€ 340 M).
Niam has signed an agreement to acquire a unique office property located in the North Harbor area of Copenhagen.

Niam Acquires Office Property in Copenhagen

Denmark Denmark — Niam has signed an agreement to acquire a property located in the North Harbor area of Copenhagen. The office property, comprising approximately 8,600 sqm, has been acquired from the Confederation of Danish Industry who has outgrown the property and moved to larger premises.

Skanska to Build Office in Norway for Nearly €37 M

Norway Norway — Skanska has signed a contract with Ferd Eiendom to build an office property of 19,000 sqm outside Oslo.

Fast Growing Hostel Chain to Sweden

Sweden Sweden — Generator Hostels, Europe’s fastest growing hostel chain, expands to Sweden.

Söderport divests eight properties

Sweden Sweden — Söderport Fastigheter, which is owned in equal shares by Hemfosa and Sagax, has divested eight properties in three separate transactions. The combined selling price amounts to MSEK 154 (€16 M).

TG Partners Acquires 9,300 sqm in Copenhagen

Denmark Denmark — TG Partners has acquired a mixed-use residential and retail portfolio of some 9,300 sqm from Bach Gruppen.

Swedish Pension Company Buys Into Large Norwegian Company

Norway Norway — The Swedish pension company AMF purchases 50 percent of the shares in Oslo Areal, from Norwegian insurance company Gjensidige Forsikring.

Falling Office Rents in Oslo

Norway Norway — After years of rental growth, the office rents have decreased in Oslo this year. Many oil companies are struggling due to the falling oil prices.

Realia Acquires KJ-Kiinteistöjohto

Finland Finland — Realia Management Oy, a subsidiary of Realia Group, has acquired KJ-Kiinteistöjohto Oy, operating in real estate management markets in southern Finland.
A.Enggard Constructs Municipal Building in Aarhus

A. Enggard Constructs Municipal Building in Aarhus

Denmark Denmark — A. Enggard has won the public procurement for a large municipal administrations building in Gellerupparken in Aarhus. The sum amounts to €90,5 M (MDKK 675).
Gustaf Hermelin.

Catena Bids on Tribona

Sweden Sweden — Recently two companies have bid on Stockholm Stock Exchange listed company Tribona. It looks like Catena will win the battle.
Kungsleden acquires four properties for SEK 3 billion.

Kungsleden Acquires Properties for SEK 3 billion

Sweden Sweden — Kungsleden acquires four properties on Gärdet-Frihamnen and one in Hammarby Sjöstad, both Stockholm city districts, for SEK 3 billion. The leasable area totals 96,000 sqm. Djurgårdsstadens Fastigheter AB is the vendor.

Blackstone Owns 57 percent of Certeum

Finland Finland — Varma Mutual Pension Insurance Company has signed a sale agreement concerning the sale of 50% of its shares in Certeum Ltd to Tungsten Investment, a company affiliated to Blackstone Real Estate Partners Europe IV.

Castellum’s sustainability performance stands out internationally

Sweden Sweden — Yesterday, Castellum – one of the largest listed real estate companies in Sweden – was awarded the World Green Building Council’s top distinction, Business Leadership in Sustainability, at a ceremony in Verona, Italy.

€27 M Deal in Aarhus

Denmark Denmark — Aarhus-investor Niels Albertsen divests four properties in Aarhus to a private buyer for circa MDKK 200 (€27 M). DTZ were advisors to the seller.