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.

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.

Sweden — Catella's Real Estate Debt Indicator (CREDI) Main Index fell in June by 5.8 points to 54.8, compared with 60.3 in February 2015. Both lenders and borrowers indicated a continued slowdown. Availability of financing improved during the past three months and is expected to remain unchanged during the next three months.

Finland — AIG – American International Group – has sold a property in Vantaa, just north of Helsinki. The buyer was Swedish property company Sagax, and the purchase price amounted to MSEK 106 (€11M).

Sweden — NREP (Nordic Real Estate Partners) has sold the largest portfolio of modern prime logistics properties in the Nordics to a consortium of four Danish pension funds.

Sweden — After raising capital of some SEK 150 million, Catella is launching property company Link Prop Investment AB, which through its subsidiary has acquired the Idédebatten 3 property in Mjärdevi, Linköping.

Sweden — Catella has signed an agreement with Arctic Securities AS to sell all shares in its subsidiary Nordic Fixed Income AB.

Sweden — Robert Fonovich has been elected CEO at Catella’s Swedish Corporate Finance department. He most recently had the roll as Sweden and Sector Manager in the area of Corporate Finance Real Estate at PWC and has more than 15 years of experience as leader within real estate advisory. He will replace Johan Ericsson who has been acting CEO since Anders Nordvall’s departure this fall.

Denmark — Carlsberg Byen has entered into a non-banking credit agreement with the Danish pension fund PKA totalling €325M.

Denmark — Postnord, leading supplier of communication and logistic solutions to, from and within the Nordic region, divests their Danish headquarters as well as a letter terminal in Copenhagen for MSEK 1,152, approximately €124 M.

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.