Svenska Handelsfastigheter Purchases for Half a Billion from Standard Life

Sweden Sweden — Svenska Handelsfastigheter acquires a portfolio of seven retail properties for a purchase price of EUR 54M, from Standard Life Investment European Property Growth Fund, EPGF.

Lerka Purchases from Ferd

Norway Norway — Lerka Eiendom has purchased Ensjøveien 23 B from Ferd Eiendom.
Lalandia creates an outlet center.

Lalandia Grows by 20,000 sqm Retail

Denmark Denmark — Lalandia in Billund will, together with a British investment company, erect a 20,000 sqm designer outlet in close proximity to Lalandia.
Bonum Utvikling plans 85 new apartments.

Purchases for Apartment Development

Norway Norway — Bonum Utvikling has made their second largest transaction through the purchase of Marstrandgata 9 and 11 on Rodeløkka in Oslo.

Blackstone and Areim Makes Billion Euro Bid

Finland Finland — Blackstone Group and Areim has made a EUR 1.76bn bid for the Finnish company Sponda.

NRP Invests EUR 500M in the Nordics

Norway Norway — Oslo-based Nordic logistics real estate specialist NRP (Ness, Risan & Partners) plans to invest more than EUR 500 million in the Nordics as they are working on the final closing for Fund VII.
Epic.

Skanska Invests EUR 44M in New Office Building in Malmö

Sweden Sweden — Skanska invests about EUR 44M in the office project Epic in Malmö, Sweden. The office building will be six stories high with a total leasable area of around 17,000 square meters. 
SEB Ejendomme sells in Copenhagen.

SEB Ejendomme Sells 33,000 sqm Portfolio to Core

Denmark Denmark — SEB Ejendomme has sold 340 apartments totalling a lettable area of 33,000 sqm in northern Copenhagen to Core Property Management.

Bonnier and Varma Sign Lease in Helsinki

Finland Finland — Varma and Bonnier Books Finland have signed a long-term lease agreement on the premises located at Lönnrotinkatu 18 in Helsinki. Bonnier will move into the newly renovated loft-inspired premises in September 2017.
Classic Danish Circus Ground Sold

Classic Danish Circus Ground Sold

Denmark Denmark — Since 1938, Cirkus Benneweis has had a shelter for their animals in Dronningmølle. Now the 10,000 sqm site has been sold for MDKK 5.9 (EUR 793,000).

D Carnegie Sells – 95 percent Above Book Value

Sweden Sweden — D. Carnegie & Co has completed the divestment of a site-leasehold with a grocery store in Akalla. The buyer is a wholly owned subsidiary of SSM Holding. The agreed property value amounts to EUR 8M, which is 95 percent above book value.
KPC Constructs Apartments for Danica Ejendomme

KPC Constructs Apartments for Danica Ejendomme

Denmark Denmark — KPC is already constructing two multi-apartment buildings for Danica Ejendomme, and during 2019 237 apartments with a total area of 23,066 sqm will be finished.

Mengus Divests the Copper Building to Folksam

Sweden Sweden — Mengus’s second fund Mengus 2011 divests the office property Duvan 6, also known as the Copper Building, in central Stockholm.

Storebrand Divests to Consortium

Norway Norway — Storebrand Eiendomsfond divests a property to Telemark Logistikkbygg AS, a consortium set up by Castelar Corporate Finance.

Sagax Acquires Portfolio in Finland

Finland Finland — Sagax has acquired a property portfolio of 50,000 sqm lettable area and 627,000 land from Varma. The transaction price is MSEK 219 (EUR 22.5M).

NCC Sells Logistics Project to NREP

Sweden Sweden — NCC is divesting the Önskebrunnen logistics project in Brunna for an agreed property value of approximately MSEK 150 (EUR 15M). The buyer is NREP Logicenters.

Skanska Builds Apartments in Helsinki

Finland Finland — Skanska has signed an agreement with the Helsinki Housing Production Department ATT to build 189 apartments in Helsinki, Finland. The contract is worth EUR 38M, about SEK 360M, which will be included in the Nordic order bookings for the second quarter of 2017. 

Zalando Establishes Fulfillment Center in Stockholm

Sweden Sweden — Zalando successfully completed its location search to open its first Nordic fulfillment center in Sweden later this year. Together with the developer NREP Logicenters, Zalando will build a fulfillment center in Brunna, situated in the county of Stockholm. To meet the demand of the Nordic customers, and to further penetrate the market, investing in convenience is crucial. The first parcels are set to leave the fulfillment center later this year.
Aspgärdan 18.

Kungsleden Divests Property in Umeå

Sweden Sweden — Kungsleden divests the property Aspgärdan 18 in Umeå in two separate transactions. The divestments are in line with Kungsleden’s strategy to sell real estates with residential development potential.
The new headquarters.

Edlund Relocates Headquarters

Denmark Denmark — Fokus Asset Management has rented out 5,547 sqm office facilities on La Cours Vej 7 in Frederiksberg to Edlund.
NorgesGruppen Sells to Ragde.

NorgesGruppen Divests to Ragde

Norway Norway — Edgar Haugen’s Ragde Eiendom has purchased a package of four retail properties from NorgesGruppen.
Posten sells in Bergen.

Posten Sells in Bergen

Norway Norway — Posten Norge has hired DNB Næringsmegling to sell the post terminal on Minde and Bring-terminal in Jettaviken. Posten also wants to sell a plot on Kokstad.

Stenvalvet Purchases from Vacse

Sweden Sweden — Stenvalvet purchases the 30,000 sqm social property Eldsund 6:6 in Strängnäs from Vacse for EUR 53M.

Changes in Skanska Senior Executive Team

Sweden Sweden — Skanska executes several changes in their Senior Executive Team. Among others, Anders Danielsson, Peter Wallin and Pierre Olofsson will get new roles.

Kungsleden Divests Properties in Uppsala and Botkyrka

Sweden Sweden — Kungsleden has signed agreements for the sale of the Flogsta 22:3 property in Uppsala and the greenfield properties Tumba 7:231 and 7:237 in Botkyrka in two separate transactions.