ARTICLES TAGGED WITH "Blackstone"

Largest Swedish Transactions in 2017

Sweden Sweden — 2017 was an intense transaction year for all the Nordic countries. With the year in the books Nordic Property News can present a list of the largest transactions in all four countries - we finish the list with largest country: Sweden.

Largest Finnish Transactions in 2017

Finland Finland — 2017 was an intense transaction year for all the Nordic countries. With the year in the books Nordic Property News can present a list of the largest transactions in all four countries - today we look east to Finland.

Blackstone Takes Over Sponda

Finland Finland — Blackstone and Areim now control 98,8 percent of the shares in Finnish Sponda.

Atrium Ljungberg Buys Office Building in Gothenburg for EUR 136M

Sweden Sweden — Atrium Ljungberg concluded an agreement on acquisition of the office property Lindholmen 30:1 in the city district Lindholmen in Gothenburg. The property is being acquired for an underlying property value of approximately SEK 1.3 billion (EUR 136M). By means of the acquisition, Atrium Ljungberg is doubling its property portfolio in Gothenburg.

Rikshem Makes Large Acquisition in Umeå

Sweden Sweden — Rikshem has signed an acquisition deal of 800 apartments in Umeå. The sellers are Lerstenen Invest, Areim Fastigheter 3 and property funds managed by Blackstone.

Alecta Closing in on €1.6 Billion Sale

Sweden Sweden — Bloomberg sources say Alecta is now closing in on the divestment of their international portfolio. The purchaser is said to be Blackstone and the purchase price is USD 1.8 billion (EUR 1.6 billion).

Blackstone to Acquire Large Stake of D Carnegie

Sweden Sweden — In July, Blackstone announced that agreements regarding 32 percent of the share capital and 40 percent of the voting rights in D Carnegie had been reached. Now, the conditions set out in the agreeements have been filled.

Intea Closes Huge Deal with Blackstone/Areim

Sweden Sweden — Intea purchases social properties from Blackstone/Areim in Linköping and Östersund, for approximately SEK 3 billion (€ 323M).

Areim Invests in Blackstone´s Obligo Portfolio

Nordic — Areim recently launched its Areim Fund III and is now entering into its first deal – 20 percent of the Nordic portfolio that Blackstone last year bought from Obligo.

Blackstone Acquires for €100 M in Finland

Finland Finland — Sponda Plc has signed a sale agreement concerning the sale of Vuosaari harbour assets. The buyer is Tellurium Investment, a company affiliated to Blackstone Real Estate Partners Europe IV.

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.

Blackstone in Large Acquisition in Finland

Finland Finland — Sponda divests its 38 % stake in Certeum Ltd to Tungsten Investment, a company affiliated to Blackstone Real Estate Partners Europe IV.

Blackstone in the Region´s Largest Deal Since 2008

Norway Norway — American Blackstone Group has bought Nordic real estate portfolios valued at about € 2.4 billion (MNOK 22 billion) in the region’s largest property deal since 2008.