Invesco Real Estate further expands allocation to Greater Copenhagen residential market.

Invesco Real Estate Acquires Residential Asset in Greater Copenhagen

Denmark Denmark — Invesco Real Estate has acquired a c. 13,900 sqm Grade A residential asset in Greater Copenhagen in a forward transaction which is expected to complete in Q2 2024.
Karlstad.

Stenhus Divests in Karlstad

Sweden Sweden — Stenhus sells Karlstad property to Albér for MSEK 197.
Götenehus buys Vasaporten in Skövde.

Götenehus Acquires Two Properties

Sweden Sweden — Götenehus Group acquires two commercial properties with an underlying property value of SEK 530 million.
Anders Liljenstolpe worked for 16 years in Russia, now he has left the country to work for CBRE in Sweden.

CBRE's New Top Name Left Russia After 16 Years

Sweden Sweden — Anders Liljenstolpe recently started his new role as the new CEO of CBRE's Advisory Services in Sweden. He has a long and solid background in the real estate industry, where he held top positions in several companies in Russia after having worked in the country since 2006. He tells Nordic Property News about the decision to leave Russia after the country's invasion of Ukraine and how he intends to leave his mark on the Swedish market for CBRE.
In the fall of 2022, three new modern and efficient terminals will be completed in Almnäs Logistikpark in Södertälje municipality, Stigamo Logistikpark just south of Jönköping (in Vaggeryd’s municipality) and at Landvetter Airport just east of Gothenburg (in Härryda municipality).

Slättö Makes Large Investment in Solar Energy with New Logistics Facilities

Sweden Sweden — Evolv and Budbee are stepping up investments in sustainable logistics facilities with, among other things, solar panels from LUMA Energy. In the fall of 2022, three new modern and efficient terminals will be completed in Almnäs Logistikpark in Södertälje municipality, Stigamo Logistikpark just south of Jönköping (in Vaggeryd’s municipality) and at Landvetter Airport just east of Gothenburg (in Härryda municipality).
Henrik Zetterström.

Genova Appoints New CFO

Sweden Sweden — Henrik Zetterström has been recruited as the new CFO of Genova Property Group. Henrik has broad experience in the real estate sector, including CFO at Estea and M2 Gruppen, and has worked as an authorized public accountant at KPMG in different leading roles. He has a Bachelor of Business Administration (BBA) majoring in accounting from Stockholm University.

Tristan and Catella Establishes Industrial Investment Company

Finland Finland — EPISO 6 property fund, managed by Tristan Capital Partners, and Catella Asset Management have launched a new company that invests in logistics and industrial properties in Finland. The company will mainly focus on sale-and-leaseback deals, speculative development projects and last mile logistics properties.
Fabian Søbak, CEO of Self Storage Group.

With Rising Energy Costs: Future Challenges for the Self-Storage Market

Norway Norway — Fabian Søbak, CEO of Self Storage Group: “The general inflation is impacting self storage.”
Ralf Spann, CEO of Akelius.

Akelius Opens Up for More Nordic Investments: "It's Likely"

Nordic — On Thursday last week, Akelius bought 40 million shares in Castellum from M2 Asset Management for SEK 4.6 billion, a deal that corresponds to 12.2 percent of the total number of shares in Castellum. The transaction makes Akelius the largest owner in Castellum, while the sale means that Rutger Arnhult reduces his ownership to 6.1 percent and becomes the second largest owner. Akelius CEO Ralf Spann tells Nordic Property News about the thinking behind the big purchase, what the ambition looks like with the holding and what other types of investment they are looking at.

Lindu Ejendomme Acquires a 11,300 sqm Property in Greater Copenhagen

Denmark Denmark — The newly launched Danish real estate company Lindu Ejendomme, founded by Pictet Alternative Advisors and Brunswick Real Estate, completes its 11th acquisition, a 11,300 sqm mainly warehouse property in Allerød in the north of Copenhagen.
Ingvor Sundbom.

The Targets for the New Swedish Residential Company

Sweden Sweden — A new company enters the Swedish housing market. With a strong team behind it, Covitum takes the first step with an investment in Boden. The CEO and founder Ingvor Sundbom tells Nordic Property News about the venture, the growth ambitions and about Balder’s Erik Selin joining as the main owner.
Andreas Morfiadakis, CEO of Klarabo.

Klarabo Makes Sustainable Investment – Joins LFM30

Sweden Sweden — KlaraBo is joining LFM30, Malmö’s local roadmap for a climate-neutral construction sector by 2030 at the latest, consisting of six strategic focus areas each with detailed targets.
Kvarteret Bygg F.

Veidekke Creates New Homes in Lillestrøm

Norway Norway — Veidekke has been commissioned by Nesgata 19 utvikling AS (a joint venture by OBOS Nye Hjem and Otto Olsen Boligutvikling) to build the second tranche of housing in the Kvarteret residential project in the town of Lillestrøm.
Stina Lindh Hök, CEO of Nyfosa.

Nyfosa Acquires Properties for SEK 411 Million

Sweden Sweden — Nyfosa has acquired eight properties located in Västervik, Halmstad and Finnish Turku in three transactions. The total acquisition price amounts to MSEK 411 and the total annual rental value is MSEK 38.
Bonava.

Bonava Divests Russian Operations

Nordic — Bonava has entered into an agreement to divest Bonava’s subsidiaries in Russia for a purchase price of approximately EUR 98 M (SEK 1.1 Bn). The net financial impact amounts to approximately SEK -0.1 to -0.3 Bn and will be recognised when the transaction is finalised which is expected to be within six months.
Self storage deal made in Kristiansand.

Self Storage Group Makes Investment in Kristiansand

Norway Norway — Self Storage Group has entered into an agreement to acquire a property in Fidjemoen in Kristiansand. The transaction has a value of NOK 19 million.
Capman develops two residential apartment buildings in the Pukkila neighbourhood of Turku. Investment Director Sampsa Apajalahti comments.

The Sustainable Investment Focus for Capman

Finland Finland — Sampsa Apajalahti, Investment Director at Capman Real Estate: “We want to be in the forefront by developing assets that meet the demands of the future.”
Martin Weikamp and a street in Copenhagen.

After the Bella Tower Acquisition – Here Is Where DWS Looks for New Danish Investments

Denmark Denmark — DWS continues to invest in the Nordic markets. After the acquisition of Bella Tower, Martin Weikamp, Head of Real Estate Transactions for the Nordics, tells Nordic Property News about the company’s desire for more Danish residential investments, where it looks for investments, what other segments are of interest, and about DWS’ appetite for the other Nordic markets.
Roger Akelius.

Roger Akelius on the Blockbuster Acquisition in Castellum

Sweden Sweden — Akelius is back on the Swedish market through the giant acquisition of 12.2 percent shares in Castellum from Rutger Arnhult. Roger Akelius shares his thoughts on the transaction with Nordic Property News.
Ralf Spann and Rutger Arnhult.

CEO Rutger Arnhult Divests Castellum Shares for EUR 424 Million to Akelius

Sweden Sweden — Castellum permits M2 Asset Management AB to proceed with a sale of shares during the currently ongoing closed period.
Lars Johnsson.

Here Is the Folksam Group's Growth Plans after the Major Acquisition in Central Stockholm

Sweden Sweden — One of the biggest deals of the year is a annouces as the Folksam Group, through KPA Pension, buys Vasahuset in central Stockholm for SEK 3 billion from DNB. Lars Johnsson, Property Director at the Folksam Group, tells Nordic Property News about the transaction, the company's real estate strategy and where they look for new acquisitions.

Folksam Group Makes Major Office Portfolio Investment in Stockholm

Sweden Sweden — Folksam Group, through KPA Pension, acquires Vasahuset (Kortbyrån 19 and Kortbyrån 20) on Vasagatan 11-13 in central Stockholm from DNB for SEK 3,039 million.
Prisma, Ursula 1 in Oceanhamnen, Helsingborg.

Wihlborgs Signs New Lease in Prisma

Sweden Sweden — The start-up company Alvier Mechatronics, a subsidiary of Höganäs, will move to Wihlborgs’ profile property Prisma (Ursula 1) in Oceanhamnen, Helsingborg in the spring of 2023.
The Nordic top transactions in the Nordics in September.

September 2022: The Nordic Top Transactions

Nordic — Nordic Property News lists the largest transactions in the Nordics during September, 2022.
The top transactions in the Nordics during Q3.

The Largest Q3 Transactions in the Nordics

Nordic — It was a quite third quarter in the transaction market, but there were still som big deals made that exceeded 1 billion SEK in transaction volume. Here Nordic Property News presents the largest transactions in the Nordics during Q3.