Sato to create 239 rental homes.

Sato to Create Rental Homes in Helsinki

Finland Finland — 239 new Sato rental homes will be constructed in Helsinki's Herttoniemi and Kalasatama districts in the coming years. The Herttoniemen Laivalahdenkaari 1 property will have 143 Sato rental homes and Kalasataman Capellan puistotie 96 Sato rental homes.

"Stockholm is a Shining Star in Europe"

Sweden Sweden — At the end of 2017 D Carnegie announced the largest Swedish transaction of the year by acquiring 1,420 apartments in the Stockholm region from Akelius for SEK 2.47 billion (EUR 247M). With the aim to make 2018 as successful as 2017, Blackstone-owned D Carnegie keeps focus on Stockholm, and the city's expected population-growth.

EUR 107 Billion Return From NBIM

Norway Norway — The Norwegian Government Pension Fund Global returned 13.7 percent, or EUR 107 billion, in 2017.
The new headquarter of Polestar.

Construction to Start of New Headquarter

Sweden Sweden — Polestar has started the construction of a new headquarter building located in Torslanda, Gothenburg, on the same campus as the main Volvo Cars head offices and factory.
Svein Erik Lilleland.

New CEO at Blackstone-owned D Carnegie

Sweden Sweden — The former CEO Ulf Nilsson left D Carnegie in September of 2017. After a months as acting CEO, Norwegian Svein Erik Lilleland has now taken the CEO position full time. He tells Nordic Property News of the new role and his collaboration with Blackstone.
The arena.

They Will Create Norway’s First Velodrome Arena

Norway Norway — Consto will construct Norway’s first indoor velodrome arena. The project amounts to EUR 22M.

Stena Constructs 550 Apartments in Gothenburg

Sweden Sweden — Stena Fastigheter will construct 550 new apartments, a new grocery store, preschool, senior home, restaurants and venues adjacent to Högsbohöjd in Gothenburg.
Ronan Vaspart.

"Sweden is a Key Country for Mipim"

Nordic — When Mipim opens on March 13 it does so with a new Director. Ronan Vaspart tells Nordic Property News of the Nordic presence at Mipim, his personal highlights in this year's program and how he wishes to put his mark on the fair.

Invesco and Scius Acquires Retail Property in Helsingborg

Sweden Sweden — Invesco Real Estate, together with its Nordic partner Scius Partners, acquires a 10,000 sqm retail property in Helsingborg from Grosvenor Europe.

Riksbyggen Purchases Agenta

Sweden Sweden — Riksbyggen acquires Agenta Förvaltning and expands their already extensive business within real estate management.
Karl Samuelsson.

Big Step for Groundbreaking Swedish Technology

Sweden Sweden — Jernhusen expands their cooperation with Bumbee Labs and installs flow measurement technology in all of Stockholm's central station. Bumbee Labs' CEO Karl Samuelsson tells Nordic Property News about the deal, the technology's significance for cities and real estate owners of the future and the company's plans for a European expansion.
Anders Kvist.

Leaves Listed Kungsleden to Change the Financial System

Sweden Sweden — After six years at Kungsleden, CFO and Vice President, Anders Kvist leaves the company this summer to take a new position with the Swedish Financial Supervisory Authority. Anders Kvist tells Nordic Property News how he wants to change the financial system.

The Largest Swedish Residential Transactions

Sweden Sweden — Nordic Property News completes the breakdown of Swedish residential buyers and sellers with a list of the ten largest residential transactions in 2017/2018.

Another Record Year for Property Transactions in Finland

Finland Finland — Finland’s real estate investment market remained exceptionally active until the end of 2017. As a result, a record-high transaction volume was achieved for the second year in a row. This time, the new record came to around EUR 10 billion, which was driven by a few major deals and strong demand by international investors. This according to the Catella Market Indicator.

NCC Acquires Danish Construction Company

Denmark Denmark — NCC is to acquire the construction company Jakobsen & Blindkilde and will thereby gain a substantially stronger foothold primarily in Jutland but also in the rest of Denmark.

Sagax Purchases in Helsinki

Finland Finland — Sagax has purchased a property in Esbo, west of Central Helsinki. The total cost amounts to EUR 9M.

Largest Swedish Residential Buyers

Sweden Sweden — The turbulent housing market has dominated the industry news the past few months. Nordic Property News shares a unique list of the companies that purchased most residential properties in 2017/2018.

M&G Launches Brexit Fund

Nordic — To cash in on the insecurity and volatile pricing born from the Brexit process, M&G Real Estate now launches a fund that will acquire properties for SEK 5.6 billion in three years. Robert Heaney, M&G's institutional business development manager in the Nordics, tells Nordic Property News about the strategies and the Nordic interest in the fund.

After the Major Transaction – Deka on the Hunt for More

Finland Finland — Deka Immobilien completed the largest single-asset purchase in Finland when they acquired an office building in Helsinki CBD from Ilmarinen. Esteban de Lope, Head of Real Estate Fund Management, tells Nordic Property News what attracted Deka with this acquisition, the plans for the building and the company's future in the Nordic countries.
New apartments to be built in Valby.

Apartment Construction in Valby for EUR 74M

Denmark Denmark — Gråkjær has entered a deal with Koncenton regarding the erection of 361 student apartments and 3,500 square meters of activity facilities on Poppelstykket in Valby.

Kojamo to Buy 981 Apartments

Finland Finland — Kojamo Group and OP Financial Group’s funds have signed a preliminary agreement on the deal in which Kojamo acquires 981 rental apartments located in growth centres in Finland.

PFA Sells to Housing Developer

Denmark Denmark — PFA has sold a building in Esbjerg of 5,800 square meters to housing developer Erik Bank Lauridsen.
Heimstaden buys in Valby.

Heimstaden Continues to Grow in Copenhagen

Denmark Denmark — Heimstaden, through its Danish subsidiary Heimstaden Danmark A/S, has entered into an agreement to acquire housing in the Valby district of Copenhagen.

Norwegian Oil Fund Sells in France

Norway Norway — The partnership between Norges Bank Real Estate Management and AXA France has signed an agreement to sell an office property located on 31-33 rue de Verdun in Suresnes, France.

Vincero Purchases in Huddinge

Sweden Sweden — Vincero Fastigheter continues to expand in Huddinge through two acquisitions in Storängen. The properties encompass close to 9,000 square meters leasable area in total, split among offices, warehouses and production.