Sato to Construct New Apartments in Vantaa

Finland Finland — Sato will construct new rental apartments in the Martinlaakso district of Vantaa. Two buildings located on a Sato-owned site that were constructed in the 1970’s will be demolished and replaced with three times as many new homes.
Joachim Hallengren, vd på Bonava.

Bonava Purchases in Bergen

Norway Norway — Bonava has made an acquisition deal for land in Bergen at the price of approximately EUR 28M. The plan is to erect approximately 300 apartments.
Gefion plans hotel and youth housing.

Gefion Purchases and Constructs on Amager

Denmark Denmark — Gefion purchases from PFA on Amager and plans on constructing both a hotel and youth center by Femøren, at a cost of EUR 108M.
Hokksund.

EUR 38M Invested in Hokksund

Norway Norway — Vestaksen Eiendom and Eiker Holding is currently developing Aksen Næringspark in Hokksund.
The Amagertorv 19 property.

Lilly Divests on Strøget for EUR 30M

Denmark Denmark — The Amagertorv 19 property is divested to Switzerland based holding company Richemont.
121 Seaport.

Skanska Signs Major Lease in Boston

Sweden Sweden — Skanska has signed a lease with PTC for about 250,000 square feet, 23,125 square meters, at its 121 Seaport office development in Boston, USA. The lease agreement is for 18.5 years and occupancy will take place in early 2019, when PTC moves its global headquarters to 121 Seaport. With this first lease, the building is 63 percent leased.

Sagax Makes Real Estate Trade in Stockholm

Sweden Sweden — Sagax has agreed with S:t Erik Markutveckling about a real estate trade in Bromma, Stockholm. Sagax sells the leasehold to Valsverket 10 for MSEK 203 (EUR 21M) and purchases part of the Gjutmästaren 6 for SMEK 21.5 (EUR 2.3M).

Pension Danmark Buys Two Properties

Denmark Denmark — Pension Danmark buys Hedeselskabet and Orbicon's domiciles for EUR 43M.

Nordea Moves HQ from Stockholm to Helsinki

Nordic — The Nordea Board of Directors initiates a re-domiciliation of the parent company to Finland – operations in all Nordic home markets remain unchanged.
Ulf Nilsson, vd på D Carnegie & Co.

Ulf Nilsson Steps Down as CEO of D Carnegie

Sweden Sweden — Ulf Nilsson has decided to step down as CEO. Svein Erik Lilleland, currently member of the board of directors, has been appointed as interim CEO.

ATP Acquires Hotel in Munich in a Joint Venture

Denmark Denmark — The Danish pension fund ATP and a Dutch institutional investor acquire a large hotel in the heart of Munich in Germany.

Norwegian Minister Ensures Major Gardemoen Development

Norway Norway — Minister of Transport and Communications Ketil Solvik-Olsen intervene in the order for a major development at Gardermoen. Thus, Oslo Airport City is closer to becoming a reality.
Chydenia is located in Töölö, Helsinki.

Aalto University Divests Property

Finland Finland — Aalto University divests the Chydenia property in Töölö, Helsinki, but leases the premises until July 2019.

Heimstaden Buys More in Copenhagen

Denmark Denmark — Heimstaden, through its Danish subsidiary Heimstaden Danmark A/S, has entered into an agreement to acquire an ongoing construction project in the Copenhagen area.
DSV gets a new logistics centre.

Lehto Creates New Logistics Centre for DSV

Finland Finland — Lehto has signed an agreement with the global transport and logistics company DSV for the construction of a logistics centre in the Päiväkumpu area of Vantaa, near the Helsinki-Vantaa airport.

Agora Looking for EUR 37M Divestment

Sweden Sweden — Agora has hired Catella and Nordier to examine the possibility of divesting properties in four cities.
PFA Builds Four New Universities for EUR 134M.

PFA Builds Four New Universities for EUR 134M

Denmark Denmark — Pension company PFA wants to erect four new universities in Odense, Aalborg, Aarhus and Copenhagen during the next few years, for DKK 1 billion (EUR 134M).

Heimstaden Acquires Two Copenhagen Projects

Denmark Denmark — Heimstaden acquires two housing projects in Copenhagen for approximately EUR 106M.

Logistics Construction in Helsingborg for Catena

Sweden Sweden — Catena has signed a seven-year lease of 30,400 sqm with Nowaste Logistics. The property is scheduled to be put into use on September 1st 2018. The annual rent amounts to approximately MSEK 18 (EUR 1.9M).

Klövern and Citycon to Develop Globen Shopping

Sweden Sweden — Klövern and Citycon have signed a letter of intent for joint development of the shopping centre Globen Shopping, located just south of Stockholm's inner city.

ABG Sundal Collier Acquires 50 percent of Vika

Norway Norway — ABG Sundal Collier has acquired 50 percent of Vika Project Finance.

Axer and Skanska in EUR 70M Project in Bergen

Norway Norway — Axer Eiendom has given Skanska the contract for the housing project Gartnerløkken in Åsane, Bergen.
Skärholmen Centrum.

Grosvenor Welcomes New Brands to Skärholmen

Sweden Sweden — Grosvenor Europe has unveiled a series of fashion and food deals at the 98,000 square meter Skärholmen Centrum, Southern Stockholm’s largest shopping centre.

Bonava Sells Rental Apartments in Espoo

Finland Finland — Bonava is selling a rental project in Espoo, Finland, to the investor Ice Capital Housing Fund IV Ky. The project comprises 78 rental apartments in a single property.

Citycon divests in Finland for EUR 167M

Finland Finland — Citycon and Cerberus announce that they have signed an agreement whereby Citycon will divest its shopping centres Espoontori, Tikkuri, Myllypuron Ostari, Martinlaakson Ostari and Jyväskylän Forum to an affiliate of Cerberus for a total value of approximately EUR 167M.