Skanska Constructs Metro Station for EUR 51M

Finland Finland — Skanska has signed a contract with Länsimetro Oy to build a metro station in Kivenlahti. The contract is worth EUR 51 M.
TOP 4 Nordic
Blackrock is among the largest owners in several of the listed Nordic real estate companies.
Nordic Nordic —
The development of Blackrock’s ownership in listed Nordic companies
Christian Fredrixon, Kristina Sawjani and Henrik Brinck Landelius.
Nordic Nordic —
The hottest free agents in the industry
Nordic Nordic —
The largest owners in the listed companies
Tom Hagen, Deputy CEO at Prisma Properties.
Nordic Nordic —
Prisma Properties’ growth plans for 2026

Pelican Sells Five Plants in Sweden

Sweden Sweden — Pelican Self Storage divests five of their eleven plants in Sweden. The plants which are concerned are located in Västerås, Örebro, Linköping, Norrköping and Åkersberga. The buyer is Shurgard, who takes over the plants including employees and customers.

”Our Ambition is to Become One of the Major Property Owners in Helsinki”

Finland Finland — Castellum, one of Sweden’s largest listed real estate companies, makes their entrance into the Finnish market with a EUR 81M acquisition from Skandia. Henrik Saxborn, CEO of Castellum, tells Nordic Property News of the strategy to grow in more Nordic markets, how much they are looking to invest in Finland and why he believes a player like Castellum is missing in Helsinki.

Continued Swedish Interest in the Danish Market

Denmark Denmark — Several Swedish investors have entered the Danish market lately and contributed to the Danish market has increased by 57 percent in transaction volume. Mikael Söderlundh, Head of Research at Pangea Property Partners, tells Nordic Property News about the Danish increase and why the Swedish interest in Denmark looks to remain high.

Ikano Sells to Trianon and Heimstaden

Sweden Sweden — Ikano sells to Heimstaden and Trianon, which has signed an agreement to buy a property portfolio of a total of eight properties in Malmö and two properties in Lund. The portfolio comprises 388 apartments and a smaller number of commercial premises. The transaction price is EUR 69M.

Nordisk Renting in Office Investment in Vasa

Finland Finland — Nordisk Renting and Wärtsilä Finland Oy has signed a lease regarding an office complex in Vasa constructed by Oy Vaasa Parks Ab.
Elimäenkatu.

Why Cromwell Choses Finland over Sweden

Finland Finland — After purchasing the Omega portfolio together in 2017, Cromwell and Goldman Sachs continue to do business together in Finland. They now purchase 27 properties from IVG Polar for EUR 108.5 million. Tomas Beck, Head of Nordics at Cromwell, tells Nordic Property News about the significance of the acquisition, the hunt for more investments in Finland and why he currently has a hard time seeing Sweden as an attractive investment alternative.
Jens Engwall.

Hemfosa Acquires Portfolio for EUR 106M

Sweden Sweden — Hemfosa has signed an agreement to acquire a property portfolio in Sweden with a value of about EUR 106M. The portfolio consists of seven properties comprising predominantly office premises with tenants in the community services sector.

YIT to Construct New Hotel in Turku

Finland Finland — YIT, Rausanne Oy and Turun Osuuskauppa (S Group, Turku Cooperative Society) together have agreed to construct a new hotel in Kupittaa, Turku. The value of the transaction is approximately EUR 30M. The project will be entered in the order backlog for the second quarter of the year.
Mikael Söderlundh.

Residential Dominates the Nordics

Nordic — Residential has been the most substantial segment as the Nordic transaction market notes the second highest listing ever in the first six months of 2018. Mikael Söderlundh, Head of Research and Partner at Pangea Property Partners, tells Nordic Property News about the factors behind the rise of the residential market.
Castellum enters Finland with an acquisition from Skandia.

Castellum Enters Finland with EUR 81M Acquisition

Finland Finland — Castellum has acquired a substantial property in central Helsinki from Skandia, thereby establishing itself as a major player in a new attractive market.
The new complex will be located next to the Ratina shopping center.

NCC Constructs Office and Retail Complex in Tampere

Finland Finland — NCC is to construct an office and retail complex next to Ratina shopping center in Tampere. The customer is Sponda Plc and the value of the project is approximately EUR 25M.
The hotel will contain 453 rooms.

Balder in New Hotel Investment

Sweden Sweden — Balder, together with Folkets Hus and the hotel operator Nordic Choice, has entered into an agreement to develop, construct and operate the new hotel at Järntorget in Gothenburg.    

Peab Builds School in Kangasala

Finland Finland — Peab has been commissioned to tear down old school buildings and build a new school in Vatiala, Kangasala City. The customer is Kangasala Municipality located in the middle of Finland and the contract is worth EUR 12M.

These Are McDonald's Focus Areas in the New Nordic Expansion

Nordic — The world's largest fast food chain McDonald's increases their investments in the Nordic region with a new expansion of 100 new restaurants in the coming five years. Christer Åberg, CEO of McDonald's in the Nordics, tells Nordic Property News about the distribution of the new restaurants and in what areas they are looking for new establishments.

Why Helaba Strengthens Their Nordic Presence

Nordic — German Helaba strenghtens their position in the Nordic countries by converting their Stockholm representive office into a fully-fledged branch. Michael Kröger, General Manager International Real Estate Finance at Helaba, tells Nordic Property News of why Helaba views on the conversion, the Nordic markets going forward and the foreign interest.

Entra Purchases Plots in Bergen

Norway Norway — Entra has purchased two plots by the Media City Bergen property in Bergen for EUR 14M.

Balder an Important Partner in Väsby Entré

Sweden Sweden — Fastighets AB Balder will be a so-called anchor partner in the work on Väsby Entré in Upplands Väsby, and will develop more than half of the project.

Peab Builds for Technopolis in Oulu

Finland Finland — Peab has been commissioned to build the second stage of the company Technopolis’ office building on Sepänkatu in Oulu.

Suomen Hoivatilat Expands to Sweden

Nordic — Suomen Hoivatilat Plc has previously announced its intention to explore opportunities to expand business operations to other Nordic countries. Hoivatilat has now resolved to establish a Swedish subsidiary.

Rent Levels in Gothenburg

Sweden Sweden — Gothenburg is the fifth largest city in the Nordic countries and one of the fastest growing. Nordic Property News presents figures for rent levels in the city.

EUR 929M Deal on Rocky Residential Market

Sweden Sweden — Heimstaden has entered a framework agreement with Magnolia Bostad for projects in Greater Stockholm and the Öresund region worth approximately EUR 929M. Fredrik Årman, Head of Transaction at Heimstaden, tells Nordic Property News on the thoughts of making a blockbuster deal on the current residential market.

Stendörren Acquires from Profi

Sweden Sweden — Stendörren acquires six properties in Stockholm from Profi. The transaction price is EUR 89M.

Corpus Sireo: “We Expect the Next Investments to Be Closed by the End of the Year"

Finland Finland — Corpus Sireo has made their first Finnish acquisition for a real estate fund launched by Swiss Life Asset Managers. Manuel Böcher, Head of Transaction International, tells Nordic Property News of the acquisition and the future in the Nordics.

Forenom Expands in Norway

Norway Norway — Forenom is expanding and the new CEO, Ola A. Bjørnstad, is the company`s first Norwegian leader in Norway.