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.
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.