Global Business Gate.

NCC to Build Global Business Gate in Gothenburg

Sweden Sweden — NCC has launched a partnering arrangement with Global Business Gate for a new office project in the Masthuggskajen district in Gothenburg. The assignment has been divided into two phases, and the total order value is expected to amount to approximately EUR 90M.

Capman Buys Commercial Property in Oslo

Norway Norway — Capman Nordic Real Estate II fund has acquired Lille Grensen 5, a retail and office property located in Oslo city centre from a German fund.

Niam Sells Retail Portfolio in Sweden

Sweden Sweden — Niam has signed an agreement to sell eight retail properties, comprising 100,000 square meters, to Svenska Handelsfastigheter for a total of EUR 160M.

Victoria Park and Trianon Acquire Housing Units in Malmö for EUR 80M

Sweden Sweden — Victoria Park and Trianon have signed an agreement to acquire a property portfolio of 722 flats and a small number of commercial premises, with a total lettable area of approximately 47,700 square metres. The properties are located in Lindängen, Malmö, and the acquisition will take place for an underlying property value of MSEK 795 (EUR 80M). The seller is Willhem and possession is due to be transferred on 1 March 2018.
Ulrich Steinmetz.

Deutsche AM on the Nokia HQ Acquisiton and Their Views of the Finnish Market

Finland Finland — Deutsche Asset Management bought the former Nokia HQ from Exilion for EUR 164M. Ulrich Steinmetz, portfolio manager, Deutsche Asset Management’s open-ended real estate funds, tells Nordic Property News what attracted them about the building and their views of the Finnish market.
The new hotel.

Billion Divestment for Swedavia at Arlanda

Sweden Sweden — Swedavia divests the property on Stockholm Arlanda Airport where the Nordics’ largest airport hotel is under construction. The property value amounts to EUR 131M.
Victoriapassasjen.

Victoriapassasjen Sold to Swedish Company

Norway Norway — The Victoriapassasjen property in Oslo has been sold to Swedish Artmax for EUR 32M.
Victor Persson.

American Giant on Their First Nordic Steps and Future Plans

Denmark Denmark — A major player has entered the Nordics. Blackrock Real Estate – with assets of approximately SEK 200 billion (EUR 20 billion) – enters through the acquisition of Næstved Storcenter southwest of Copenhagen. Victor Persson, Vice President of Blackrock Nordics, tells Nordic Property News about the center purchase and the company’s future Nordic plans.
Bård Bjølgerud.

“Healthy Correction of the Housing Market in Oslo”

Norway Norway — Lately there have been worrying reports of declining prices and decreasing demand on the Norwegian housing market as a result of new authority directive. But according to Pangea’s CEO Bård Bjølgerud it is more about a healthy correction.

Bonava Sells to Willhem in Malmö

Sweden Sweden — Bonava is selling a rental project in the Elinegård district of Malmö, Sweden, to the housing company Willhem. The project comprises 90 rental apartments and the sales price amounts to approximately EUR 17M.

NCC Expands Factory in Vantaa

Finland Finland — NCC has signed a contract to build a factory expansion in Vantaa, Finland, for Murata Electronics Oy. The project is a design and build contract and the value is approximately EUR 37M.
Dixi.

YIT Leases in Commercial Centre in Tikkurila

Finland Finland — A major part of the office properties of the commercial centre Dixi, located at the Tikkurila railway station, has been leased. YIT completed the sales transaction of the second phase office properties to Etera Mutual Pension Insurance Company in December.
Ann-Sofi Danielsson.

"Germany Will Be Our Largest Market"

Sweden Sweden — After the MSEK 850 (EUR 86M) divestmet, Bonava has made an impression in Germany. The company’s CFO Ann-Sofi Danielsson tells Nordic Property News about leaving the home country and how the German market will grow for Bonava.
Christian Doglia.


Major Fund Aims for Nordic Social Properties

Nordic — Infranode has closed their first fund and SEK 4.45 billion (EUR 447M) will be invested. Christian Doglia, Partner at Infranode, tells Nordic Property News how much they hope to put into social properties.
Mikael Söderlundh.

The Big Players Dominate the Stock Market

Sweden Sweden — The real estate companies keep going strong on the Nasdaq Stockholm exchange, during 2017 they have increased with an average of 9 percent. The big players keep going strong while the smaller companies outside of the main list are struggling this year. Pangea Property Partners’ Head of Research Mikael Söderlundh explains the reason behind the division to Nordic Property News.
Anders Danielsson.

Anders Danielsson Appointed New CEO of Skanska

Sweden Sweden — The Board of Directors has appointed Anders Danielsson new President and CEO of Skanska. He will succeed Johan Karlström who previously announced he will step down. 
The property at at Søndre Ringvej.

Nordea Buys 9,500 sqm in Brøndby

Denmark Denmark — The purchase comprises a building with a warehouse and an office at Søndre Ringvej.
Tobias Alsborger.

Tobias Alsborger Leaves NREP

Nordic — Tobias Alsborger has been with NREP since the early days, and has played an important role in building the Swedish team. He leaves for personal reasons.
The new headquarters.

New Headquarters to Greater Oslo

Norway Norway — Anthon B. Nilsen will construct a new headquarters and warehouse for the electronics wholesaler Berggård Amundsen & Co in Berghagan Næringspark.

Exilion Makes Major Sale in Keilaniemi

Finland Finland — Exilion sells a landmark office property in Keilaniemi to a fund managed by Deutsche Asset Management. The transaction is one of the biggest individual office property deals in Finland in 2017.
Rutger Arnhult.

Klövern New Main Owner in Tobin Properties

Sweden Sweden — Klövern will after the directed share issue own around 40 per cent of the number of shares and hold around 42 per cent of the voting rights in the Tobin Properties.

Speculative Office Development on the Rise in Copenhagen

Denmark Denmark — A decrease in office availability has spurred a rise in speculative office development in Copenhagen. Ninna Therkelsen and Dragana Marina from CBRE analyze the new trend for Nordic Property News.
Mikael Söderlundh.

Nordic Transactions at Record Levels

Nordic — Despite the decrease on the Swedish market, the Nordic region remains at record levels for transaction volume. Pangea Property Partners’ Head of Research Mikael Söderlundh analyzes the market situation.
Strandvägen 1-3

These Are Sweden’s Most Expensive Streets

Sweden Sweden — The capital dominates among Sweden’s most expensive streets. “The current price corrections are not noticeable in the same way on these addresses” says Johan Engström, CEO at Fastighetsbyrån.

Pecunia Purchases

Norway Norway — Pecunia has purchased two properties on Bryn, with the plan to set up two office building with a total area of 15,500 sqm.