Sweden — Genova and Redito have divested two newly developed residential properties in Knivsta for SEK 875 million to Acer Bostad, a joint venture owned by Ontario Teachers’ Pension Plan and Gordion focusing on residential investments in the Stockholm region.

Sweden — Redito Holding AB is founding Selegio Fastigheter AB together with PRI Pensionsgaranti and Lantmännen Fastigheter. The new company will invest in commercial properties in Sweden.

Nordic — Balder has agreed to acquire 56 percent of Serena Properties, a company currently owned by Ratos, Varma Mutual Pension Insurance Company och Redito.

Sweden — Trophi has acquired two properties totalling 29,000 sqm in Umeå and Sundsvall from Coop Nord for EUR 52M.

Sweden — List of the five largest transactions with retail properties in Sweden from October 2015 to September 2016.

Sweden — Starwood Capital Group, a leading global private investment firm, and Vencom, through separately controlled affiliates, sells six retail parks and shopping gallerias in Sweden to Trophi Fastighets AB, a company managed by Redito and owned by the Swedish pension fund AP3.

Sweden — Kungsleden divests the property Karburatorn 2 in Kristianstad to Trophi Fastighets AB for MSEK 73.5 (€8M).

Finland — Varma has signed a deal regarding the divestment of 22 business properties to the new real estate fund company Serena Properties AB. The leasable area in the divested properties amounts to approximately 152,000 sqm, and they are located in different areas in Finland. The total value of the properties amount to approximately € 191,5 M.

Finland — The company Redito has made further real estate investments this year, in both Sweden and Finland. To strengthen the organization Emil Natanaelsson and Daniel Tabermann were hired as asset managers.

Finland — Redito/Trophi purchases five retail properties from Ilmarinen in Finland.