Denmark — Balder acquires the property where the Royal Danish Conservatory of Music used to operate at Niels Brocks Gade 1. The property will be converted into hotel and restaurant and will be operated by Nobis Hotel.

Denmark — Swedish listed property company Balder acquires a residential project from Skanska in Copenhagen for approx. €136M.

Sweden — Balder acquires the office property Park 49 in Gothenburg from Skanska for MSEK 418 (€ 45 M).

Finland — Swedish listed property company Balder has agreed to acquire a further 4.8 percent in Sato Oyj where Balder already owns 22.8 percent of the shares for approximately EUR 45 million. Balder is, after the acquisition, the largest owner of Sato with a holding of 27.6 percent.

Finland — Balder, listed on Nasdaq Stockholm, acquires 21 percent of Sato, a Finnish real estate company focused on residential properties.

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.