Japanese-owned Kverneland Group Acquires Øksnevad Eiendom

Norway Norway — Kverneland Group, owned by Japanese Kubota Group, is further investing in the future of the Plough factory in Norway buying the local Property Company Øksnevad Eiendom AS, who owns the land and the buildings. The purchase price is based on a property value of EUR 40M.
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
Kanavaranta 3-7.

Triuva Gets Back in the Finnish Game

Finland Finland — For the first time in years German Triuva invests in Finland. Jörg Laue, Director of Investment Management, tells Nordic Property News of the key acquisition and the reason for the company's absence from Finnish transactions.

Pension Danmark Purchases in Herning

Denmark Denmark — Pension Danmark completes their first real estate investment in Herning.
Lars Johnsson.

Folksam Sees Great Potential in Gothenburg

Sweden Sweden — After a major deal with Stena Fastigheter, Folksam is starting to pick up speed in Gothenburg. Lars Johnsson, Manager of Folksam Group's real estate division, tells Nordic Property News of the company's future plans for Gothenburg, the city’s attraction and why they look for off market deals.

Kenneth Nilsson Appointed new Head of Business Area NCC Infrastructure

Sweden Sweden — Kenneth Nilsson has been appointed new Head of Business Area NCC Infrastructure and will become a member of the Executive Management Team. Kenneth Nilsson joins NCC from Skanska, where he most recently served as the head of Skanska Civil East in the US.

Patrizia Acquires Copenhagen’s Marble City

Denmark Denmark — Patrizia Immobilien AG announces the acquisition of the 259 apartments of the ‘Marble City’ residential area in Copenhagen from the pension fund PenSam and the public company City & Harbour. The acquisition, which comprises twelve separate properties, was made on behalf of three Patrizia funds.  
Tapetfabriken.

Petter Stordalen to Open New Hotel in Stockholm

Sweden Sweden — Atrium Ljungberg has concluded an agreement with Petter Stordalen's Nordic Choice Hotels for opening a Clarion Collection Hotel in Sickla, Nacka. The hotel will open in the spring of 2020 in the building where Kåbergs started manufacturing wallpaper more than one hundred years ago.
Ludvig Find.

ELF's CEO on Aberdeen Sale and the Growing Interest for Secondary Danish Cities

Denmark Denmark — ELF Development CEO Ludvig Find on the Aalborg sale, coming projects and the appeal of secondary Danish cities.

Related article ELF's CEO on Aberdeen Sale and the Growing Interest for Secondary Danish Cities

Winner and Losers on the Stock Market

Sweden Sweden — It was the best of times, it was the worst of times for the listed real estate and construction companies in 2017. Nordic Property News can now present the list of the winners and losers on the Swedish stock exchange this past year.

Swedish Giant Makes First Retail Investment

Sweden Sweden — Balder has made their first large retail property ever by paying close to MSEK 795 (EUR 81M) for 421 in Gothenburg. Erik Selin tells Nordic Property News more about the fast deal – and open up for more purchases in the new segment.

YIT Builds in Tampere

Finland Finland — YIT to construct rental apartments worth approximately EUR 50 million in the capital region and in Tampere.

ELF Development Sells 17,000 sqm Project to Aberdeen

Denmark Denmark — Aberdeen Asset Management and ELF Development have signed the transaction of a 17,000 sqm mixed use property at the project stage. The project is located on Lindholm Brygge in Aalborg, Denmark.
Scandinavian Shopping Center Partners.

New Company Enters the Nordic Retail Market

Nordic — A meritorious group of stakeholders step into the Nordic retail market with the ambition to acquire and manage. Board member Lars Backemar tells Nordic Property News about Scandinavian Shopping Center Partners’ (SSCP) goals and strategies.
Peter Wiman.

Sweden Keeps Getting Hotter to Foreign Investors

Sweden Sweden — The Swedish real estate market is becoming increasingly attractive for international investors and in 2017 more than SEK 34 billion has been pumped into the country. Savills’ Peter Wiman tells Nordic Property News why Sweden has become attractive right now.

Citycon Acquires Part of Shopping Centre

Denmark Denmark — Citycon has acquired the second and the largest part of the shopping centre Straedet in Køge in the greater Copenhagen area for approximately EUR 60M.
Skanska creates a combined city hall and station building i Växjö.

Skanska Builds Combined City Hall and Station Building in Växjö

Sweden Sweden — Skanska has signed a contract with Växjö Fastighetsförvaltning to build Växjö City Hall and Central Station in Växjö. The contract is worth about EUR 59M.
Hertsi.

YIT and Hartela to Construct Service Centre in Helsinki

Finland Finland — The construction of the property project for local service centre Hertsi located in Herttoniemi, Helsinki, developed by YIT and Hartela, will start in January 2018. YIT and Hartela will realise the project as a consortium with equal 50/50 shares.

Heimstaden Acquires in Horsens

Denmark Denmark — Heimstaden acquires a construction property in Horsens from RHB Development.

D Carnegie Completes Largest Swedish Transaction in 2017

Sweden Sweden — D Carnegie has completed the largest Swedish transaction in 2017 when the acquired 27 properties from Akelius for SEK 2.47 billion (EUR 251M). In addition D Carnegie acquires four properties from Mimer for MSEK 765 (EUR 78M).

Technopolis Expands in Tampere

Finland Finland — Technopolis has decided on EUR 46 million investment in organic expansion in Tampere, Finland. The new City Center Campus will be built in the CBD Tampere with excellent connections. Construction work is scheduled to start in February 2018, after the receipt of a building permit by City of Tampere. Project is due for completion in December 2019, and first leases are set to start on Jan 1, 2020.
Anders Nissen, CEO of Pandox

Brexit-Fright Behind Pandox UK and Ireland Purchase

Sweden Sweden — Pandox has acquired a major hotel portfolio in the UK and Ireland. The company’s CEO Anders Nissen tells Nordic Property News how Brexit has affected Pandox and why one ignored alternative financing.

“Hard to Find Better Conditions”

Finland Finland — At the end of 2017 Sagax made yet another acquisition in Finland. The company’s CEO David Mindus summarizes 2017 for Nordic Property News, and shares the future plans for the Finnish market.
Lennart Sten.

Svenska Handelsfastigheter's CEO on the Major Acquisition from Niam

Sweden Sweden — The SEK 1.6 billion (EUR 160M) acquisition from Niam was Svenska Handelsfastigheter’s second largest deal ever. The company’s CEO Lennart Sten tells Nordic Property News what the deal means to the company – and who it decreases risk exposure.

Related article Niam Sells Retail Portfolio in Sweden
Peter Broström.

Second Time's a Charm for Savills IM and Ikea

Nordic — Savills Investment Management starts off their new Nordic retail fund through a major purchase of Ikea retail areas. The company’s Head of Nordics Peter Broström tells Nordic Property News about the process to seal the deal, what the distribution of the company’s Nordic investments will look like and how they view the future for retail.
Jan Persson, Chairman of Kilenkrysset, Gustaf Hermelin, Chairman of Catena and Jens Persson, CEO of Kilenkrysset.

Foreign Players Snubbed in Large Logistics Transaction

Sweden Sweden — Kilenkrysset sells five logistics properties to Catena for approximately SEK 1.1 billion (EUR 110M). The company’s Chairman Jan Persson tells Nordic Property News why he really wished to sell to a Swedish company – and what lies ahead for Kilenkrysset.