ARTICLES TAGGED WITH "Delcore"

NCC sells Bromma property

Sweden Sweden — NCC has agreed the sale of the first section of the Hangar 5 property project in Bromma for SEK 790 million. The property in question is let to ICA and is being acquired by Delcore Fastigheter. While the sale will generate positive cash flow, it will have no earnings impact.

ICA Fastigheter’s growth plans after the new large JV-transcation

Sweden Sweden — Following the divestment of Trecore, ICA Fastigheter has announced another major joint venture transaction, selling eight retail properties worth over SEK 1 billion to Delcore, a company jointly owned with AMF. Jan-Erik Hellman, CEO of ICA Fastigheter, tells Nordic Property News about the new transaction, the ongoing streamlining of the property portfolio, and the company's new position as a shareholder in Vendus.

Niam divests two properties in Stockholm

Sweden Sweden — Niam Real Estate, on behalf of its Core-Plus II fund, has entered into an agreement to divest two properties in Flemingsberg, Huddinge Municipality, south of Stockholm. The properties are being acquired by Delcore Fastigheter, a joint venture between ICA Fastigheter AB and the pension company AMF. The transaction includes the retail property Generatorn 4 and the public property Generatorn 5—both fully leased assets with strong cash flow.

AMF strengthens the investment in Delcore Fastigheter

Sweden Sweden — AMF is investing approximately SEK 190 million (EUR 17.3 million) in Delcore Fastigheter, which is jointly owned by AMF and ICA Fastigheter, in order to finance the purchase of four larger retail properties.