ARTICLES TAGGED WITH "CBRE"

Warburg Divests to eQ Finnish Real Estate in Helsinki

Finland Finland — On behalf of Warburg-HIH Invest, TH Real Estate has sold an office property in Helsinki to eQ Finnish Real Estate, a Finnish property fund managed by eQ Asset Management. The purchase price amounts to approximately EUR 21 million.

Platzer’s First Acquisition on Lindholmen

Sweden Sweden — Gothenburg Company Platzer has for a time had the goal of acquiring in the Lindholmen district. The first acquisition is now completed; an office property encompassing 9,700 sqm for MSEK 373 (€40M).

New Pareto Company Purchases 94,000 sqm

Sweden Sweden — Pareto Securities created Bosjö Fastigheter purchases Ellos’ headquarters and central warehouse in Borås.

IBM In Search of New Head Quarters

Norway Norway — IBM, one of Norway’s largest IT companies, is in search of office spaces between 8,000 and 11,000 sqm for a new headquarters.

CBRE Appointed by Aberdeen to Manage Nordic portfolio

Nordic — CBRE has been appointed by Aberdeen Asset Management, the global asset management group, to manage a real estate portfolio of 290 assets in the Nordic region.

CBRE Enters into Agreement to Acquire Affiliate in Norway

Norway Norway — CBRE Group has entered into an agreement to acquire its affiliate company in Norway, Atrium AS, responding to increased demand from clients targeting commercial real estate opportunities across the Nordics.

Danske Fragtmænd Sells Properties to Standard Life for €130 M

Denmark Denmark — Danske Fragtmænd sells all their properties as a “sale-and-leaseback” to a fund controlled by Standard Life Investments, with a base in Edinburgh.

AF Gruppen Sells Commercial Building in Gothenburg

Sweden Sweden — Norwegian AFG Invest 5 AS – owned by AF Gruppen Norge, EKO Eiendom and Brødrene Jensen – has entered into an agreement for the sale of the office property Glasiären in Gothenburg.

Decreased Oil Prices Can Lead to Real Estate Bubble

Norway Norway — The significant decrease in oil prices can internationally create a bubble on the real estate market. This according to CBRE that just came out with a new report on the effects of the decreasing oil prices.

Triuva Sells to Skandia in Helsingborg

Sweden Sweden — Triuva Kapitalverwaltungsgesellschaft (former IVG Institutional Funds) has divested a prime retail property in Helsingborg, Sweden to Skandia Fastigheter.

Aberdeen in talks with CBRE to outsource Nordic property management function

Nordic — Aberdeen Asset Management is to roll out its UK and Continental European property management business model into the Nordics. Aberdeen is in negotiations to outsource property management, property accounting and property administration to CBRE.

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.

Sveafastigheter Sells an Office Building in Helsinki to Deka

Finland Finland — Swedish property fund manager Sveafastigheter and its partner HGR Property Partners have sold an office building in Vallila in Helsinki, Finland. The buyer is a special fund managed by German Deka Immobilien. The purchase price is € 43.4 M.

Sirius Acquires Grocery Stores Portfolio from Pohjola

Finland Finland — An affiliate of the Finnish real estate investment manager Sirius Capital Partners (“Sirius”) has acquired three grocery stores for a total investment volume of approximately €7M. The seller is Real Estate Fund Finland I KY (“REFF I KY”), a fund managed by Pohjola Property Management Ltd.

The Nordics Experience a Confident Start of the Year

Nordic — CBRE´s latest research report shows high market activity in the Nordics.

A Confident Start to 2015

Sweden Sweden — CBRE´s latest research report shows high market activity in Sweden.

Klövern Purchases in Central Gothenburg

Sweden Sweden — Klövern purchases two office properties in two separate deals, in Majorna, Gothenburg for a total of MSEK 360 (€39M). This is the first time Klövern purchases in central Gothenburg.

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.