Norwegian Fund Makes Large Acquisition

Norway Norway — Norges Bank Real Estate Management has signed an agreement to acquire 6-8 boulevard Haussmann property, located in central Paris, and the Axel Springer Neubau office building in Berlin.

NCC to Build at Islands Brygge

Denmark Denmark — NCC has been commissioned by Pension Danmark Ejendomme to build a complex of 17,000 square meters with housing units, offices and a parking facility. The contract is valued at approximately EUR 35M.

Sagax Buys 18 Properties in Finland

Finland Finland — The seller is Jykes Kiinteistöt Oy and the total price amounts to about EUR 32M.

Hemfosa Acquires in Tønsberg

Norway Norway — Hemfosa Fastigheter acquires Tunsberghus Eiendom AS in central Tønsberg municipality in Norway at an underlying property value of EUR 12.7M. Hemfosa already owns the Statens Park area in Tønsberg.
The seven-storey care center encompasses about 33,000 square meters.

New Care Facility in Kungälv

Sweden Sweden — The seven-storey care center will be about 33,000 square meters large and is owned by Västfastigheter.
Anders Jarl.

Wihlborgs Strengthens Presence in Denmark

Denmark Denmark — Wihlborgs is strengthening its presence in Denmark through the acquisition of 15 properties comprising a total of 165,000 square meters.

Akelius Acquires 128 Apartments in Copenhagen

Denmark Denmark — The eleven properties are located in the southern part of Copenhagen, on Amagerbrogade on Amager, three kilometres from Copenhagen central station.

AXA Acquires Four Residential Properties from Local Tapiola

Finland Finland — Local Tapiola General Mutual Insurance Company has sold a portfolio of four residential properties with a total of 119 apartments and a lettable area of 6,648 sq m to AXA IM.

KLP Acquires Eufemia

Norway Norway — The Norwegian pension and insurance provider KLP has agreed to acquire the office development project Eufemia from Oslo S Utvikling (OSU) located in the Bjørvika CBD office district. The transaction is structured as a forward sale with deferred handover in 2019 and the agreed price for the asset is NOK 1.740 billion (EUR 185M).

Skanska Divests for EUR 225M

Nordic — Skanska divests two properties in Stockholm and one in Oslo to Vasakronan, Aberdeen and Entra for a total of EUR 225M.

Antilooppi Sells Light Industrial Property in Vantaa

Finland Finland — Antilooppi has sold the Myllykivenkuja 6 light industrial property in Vantaankoski, Vantaa, to the property’s tenant and original owner, Murata Electronics Oy.
Skanska builds new hotel at Arlanda Airport.

Skanska Builds New Hotel at Arlanda Airport

Sweden Sweden — Skanska has signed a contract with Swedavia to build a hotel at Arlanda Airport in Stockholm, Sweden. The contract is worth about MSEK 710 (EUR 73M).

Niam Acquires Office Building in Horsens

Denmark Denmark — Niam has acquired a landmark office property located in the city center of Horsens, Denmark.
Nordic Transaction Volume H1 2017.

Nordic Property Transactions Set New Record in First Half of 2017

Nordic — Driven by a very strong Norwegian and Finnish market, volumes in the Nordic property markets reached a new record in the first half of 2017. Private investors and property funds were particularly active on the buy side and the share of foreign buyers increased significantly, according to Pangea Property Partners report.
Erik Selin.

Balder New Majority Owner of Serena Properties

Nordic — Balder has agreed to acquire 56 percent of Serena Properties, a company currently owned by Ratos, Varma Mutual Pension Insurance Company och Redito.
Capman acquires St Olav gate 23 in Oslo.

Capman Makes First Acquisition in Oslo

Norway Norway — Capman Nordic Real Estate fund has acquired a mixed use commercial property located at St. Olavs Gate 23 in central Oslo from Aberdeen.
Salmisaarenaukio 1 in Helsinki.

Skandia Fastigheter Launches and Invests in Finland

Finland Finland — Skandia Fastigheter enters the Finnish market, through the acquisition of Salmisaarenaukio 1, an office property in Helsinki. The company's plan is to grow further in Finland.
Mariboes gate 13 in Oslo.

Genesta Acquires in Oslo

Norway Norway — Genesta has on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) acquired the 14,000 sqm office building Mariboes gate 13 in Oslo from T. Klaveness Eiendom AS. The purchase price is EUR 59 million.
Bagsvaerd.

Heimstaden Buys Copenhagen Project

Denmark Denmark — Heimstaden has, through its Danish subsidiary Heimstaden Danmark, acquired a project property in the Copenhagen area. The project Bagsvaerdlund in Gladsaxe municipality is purchased from the real estate and development company Calum.
Vestfold Logistikkbygg AS buys Hegdalringen 7.

Norway’s Largest Cold Storage Sold

Norway Norway — Prospective AS has sold a cold storage in Larvik for EUR 13M.
Litteraturhuset is being sold.

Entra Divests to Foundation

Norway Norway — Entra has sold Wergelandsveien 29, the so called Litteraturhuset, to the Fritt Ord foundation.

Akelius Makes Acquisition in Copenhagen

Denmark Denmark — Akelius buys 183 apartments in Copenhagen for a total of EUR 65M.

Cromwell Sells Retail Park

Finland Finland — Cromwell Property Group has sold Retail Park Fresko in Varisto, Helsinki Metropolitan area, to Special Investment Fund eQ Finnish Real Estate (AIF). The purchase price for the property is approximately EUR 16.7M.

Union Investment buys Sthlm Hub

Sweden Sweden — Mengus has sold Uggleborg 14, also known as Sthlm Hub, to Union Investment.

Capman Acquires Residential Property in Aarhus

Denmark Denmark — Capman Nordic Real Estate fund has acquired a residential property located at Frederiks Allé 75 in central Aarhus.