Sweden — Klövern has acquired two commercial properties in Örnsberg, southwest Stockholm, with potential development rights for approximately 270 residential units. The seller is Vincero Fastigheter. The properties are scheduled for transfer on June 2, 2025, at which point Klövern will assume management responsibilities.

Sweden — AAK, specialists in plant-based oil and fat ingredients, is investing in a new state-of-the-art logistics facility in Staffanstorp, Sweden. This is taking place within the framework of its foodservice operations, and in collaboration with Logicenters.

Sweden — Nrep has, through its NSF V fund, entered into a strategic partnership with Swedish care home developer Sehlhall Fastigheter. The new venture has an ambition to become Sweden’s leading later living developer and manager, with a significant identified pipeline.

Sweden — Real estate investor Nrep has announced a new long-term partnership with residential developer Åke Sundvall to deliver attractive, sustainable apartments and later living accommodation in some of Stockholm’s most sought-after neighbourhoods. The new JV aims to incrementally build a portfolio of circa 500-800 new homes. Nrep’s investment is being made via their latest fund within the Nordic Strategies Fund series.

Sweden — Nrep is expanding its presence in the residential segment by acquiring 231 rental apartments in Årsta, Uppsala. The transaction, valued at SEK 485 million, is being carried out in partnership with Bonava, the project’s developer and seller.

Sweden — Through the Nordic region’s largest core-plus fund, Nrep Income+, Nrep strengthens its presence in the Stockholm housing market by acquiring 308 new rental apartments in Hallonbergen, Sundbyberg, from a joint venture owned by Reliwe and Derome.

Finland — Logicenters has signed a new lease agreement with DEXIS and will develop a state-of-the-art industrial and logistics facility in Tuusula, Finland. Construction is expected to begin soon, with completion scheduled for late summer 2026.

Norway — Oslo Airport City (OAC) and Nrep’s logistics platform, Logicenters, have entered into a joint venture and partnership agreement to develop OAC’s logistics park in Gardermoen business park (Ullensaker municipality) The collaboration involves a land bank of approximately 480,000 sqm gross area, with 353,000 sqm designated as developable land. The area was fully zoned earlier this summer.

Nordic — Logicenters and Evolutiq secure strategic commercial property in the Stuttgart metropolitan region.

Denmark — Logicenters is expanding in Brabrand by acquiring a new logistics center with a total area of 13,649 sqm. The international express supplier DHL, which currently leases 6,210 sqm of the facility, is already operating. On the remaining area, Logicenters will build a speculative property available for lease.

Sweden — The acquisition has been made via NSF V, Nrep’s EUR 3.65 billion value-add fund. With the acquisition, Nrep strengthened its collaboration with the hotel chain Strawberry which leases the entire property. The seller is Aspelin Ramm.

Sweden — Real estate investor Nrep has expanded its residential portfolio with the acquisition of two apartment complexes from Magnolia Bostad. Collectively, the two sites provide 524 homes for rent and are located in the Ångloket neighbourhood in Knivsta and part of phase two of the Brogårdsstaden district in Upplands-Bro, both with sustainable rental levels and a high environmental profile. The acquisition is made through the Nrep Income+ fund. The fund completed a third closing last year with just over SEK 3.1 billion in capital raised.

Finland — Nrep divests a Finnish urban logistics portfolio to funds managed by Blackstone for EUR 135 million. The ‘Aktiivihallit Ky’ portfolio comprises 22 warehouse properties with a total leasable area of approximately 133,000 square metres. 80 percent of the properties are located in the Helsinki metropolitan area.

Denmark — Skanska has divested the multi-family rental project Hørkær Have in Herlev, Denmark, for DKK 737 million to Nrep.

Sweden — Genova partially divests two properties in Norrtälje at an underlying property value of approximately SEK 1.3 billion (EUR 116 million) to a newly formed joint venture in which Genova is a half-owner together with Nrep.

Finland — Logicenters has acquired a site area of 25,000 sqm in Tuusula, Finland. The company plans to develop a logistics center of 10,000 sqm with construction starting in the third quarter of 2024. Potential tenants are able to move into the property after the summer of 2025.

Norway — Real estate investor Nrep has acquired Comfort Hotel Karl Johan, a 260-room hotel in the heart of Oslo, from CBRE Investment Management. Featuring a bar in the backyard terrace and fitness room, the hotel is centrally located within a 2-minute walk from Oslo Central Station and is surrounded by many of the city’s best shops and restaurants.

Sweden — A new tenant is now confirmed for Logicenters facility in Kronoslätts logistics park. The sustainable insulation company Ekolution is expanding its operations by taking over 11,500 sqm in an existing property. The move will take place during the second half of 2024.