Scandic will open in 2018.

New Hotel to Helsinki Airport

Finland Finland — Scandic will open a new hotel at Helsinki Airport in early 2018.

Vestas to Sell and Lease Back Aarhus HQ Buildings

Denmark Denmark — Solstra Capital Partners and Sampension will buy the two headquarters buildings at Hedeager 42 and Hedeager 44, with Vestas leasing back Hedeager 42 in its entirety and parts of Hedeager 44.

Catella: A Strong Year for Property Investments in Finland Ahead

Finland Finland — The new Catella Market Indicator Finland spring 2017 has now been published. The real estate transaction volume last year exceeded the previous record in Finland, and it seems like the market will remain very active also in 2017. 

Aarsleff Constructs Headquarters for Carlsberg

Denmark Denmark — Aarsleff will construct a 15,500 sqm headquarters for Carlsberg in Copenhagen.

Fridhem and Patriam Purchases in Stockholm

Sweden Sweden — Fridhem and Patriam has through a jointly owned company, Karlbergsvägen 77 Fastighets AB, purchased the Kadetten 29 property in central Stockholm from Scandinavian Property Group.
Vitaminveien 1.

Realkapital Corporate Finance Purchases on Storo

Norway Norway — Realkapital Corporate Finance has purchased the Vitaminveien 1 property for EUR 59M from OBOS Forretningsbygg.

Eskilstuna Purchase for SBB

Sweden Sweden — SBB has purchased two industrial/development properties in Eskilstuna for EUR 5M.
Kaldnes Vest.

Large Deal in Vestfold

Norway Norway — The development project Kaldnes Vest in Tønsberg and Hotel Klubben have a new owner.

D Carnegie Acquires Portfolio from Balder

Sweden Sweden — D Carnegie has entered into an agreement to acquire residential property portfolios in Arboga, Köping and Tranås. The seller is Balder. The property portfolios comprises 42 properties and 1,681 apartments. The agreed property value is SEK 1.42 billion (EUR 150M) and the purchase price amounts to SEK 1.04 billion (EUR 110M). The transaction is a share deal with closing on May 2, 2017.

NRP Makes Logistics Acquisition

Norway Norway — NRP has bought a logistics property of 25,800 sqm between Oslo and Gardenmoen Airport.

Catella’s New Parking Fund Makes Its First Investment in Copenhagen

Denmark Denmark — Munich-based investment manager Catella Real Estate has acquired a parking garage with 360 parking spaces in Copenhagen for its newly launched open-ended real estate special AIF, Catella Parken Europa. The property is leased to the well-known car park operator Apcoa on a long-term basis. 

Heimstaden Acquires Three Development Properties in Copenhagen

Denmark Denmark — Heimstaden has, through its Danish subsidiary Heimstaden Danmark A/S, have entered into agreements to acquire three real estate projects in Copenhagen for a total of 265 apartments and 2,500 square meters of space. At the same time Heimstaden acquires residential apartments in Falköping in Sweden.
Joona Soumela.

M7 Continues European Expansion with a New Office in Helsinki

Finland Finland — M7 Real Estate announces the further expansion of its European platform with the opening of an office in Helsinki and the appointment of Joona Suomela as Country Manager for Finland. This follows the recent investment of EUR 80M in the region on behalf of M7 European Real Estate Investment Parters IV bringing M7‘s AUM in the Nordics to circa EUR 286M.
Hämeentie 11.

JP Morgan Sells Landmark Property in Helsinki

Finland Finland — Genesta acquires the 11,200 square metre large landmark office property Hämeentie 11 located in Sörnainen, Helsinki, on behalf of its fund GNRE Fund II. The seller is a fund managed by JP Morgan Asset Management.

YIT to Sell in Vantaa

Finland Finland — YIT has signed an agreement to sell an office and logistics property to be constructed in Viinikkala, Vantaa, to Aberdeen European Balanced Property Fund, which is managed by Aberdeen Asset Management.

Skanska to Construct New Building in Stockholm

Sweden Sweden — Skanska has signed a contract with AMF Fastigheter to construct a new building for commercial and office premises in central Stockholm. The contract is worth about EUR 127M.
Mikael Söderlundh.

Pangea: Nordic Real Estate Still Trending Positive

Nordic — The Nordic property markets will continue to perform well, according to the new report Real Estate Outlook 2017 produced by Pangea Property Partners.

Barings Strengthens Nordic Asset Management Team

Finland Finland — Barings Real Estate Advisers has appointed Lotta Lehtinen as Associate Director for asset management in Finland, to further support the company’s growth in the region following the appointment of Göran Bengtsson as Head of the Nordics in October last year.
The new hospital.

Skanska Builds New Hospital in Kainuu

Finland Finland — Skanska has signed a contract with Kainuu Social and Health Care Joint Authority for the construction of The Kainuu Central Hospital in Kajaani, Finland.

Trevian Divests Retail Property in Finland

Finland Finland — Trevian Asset Management’s two Retail Sector Property Funds, Trevian Retail Fund I and Trevian Retail II, have sold six retail properties to Sirius Fund II.
ELF Development enters the Swedish market.

ELF Development Enters the Swedish Real Estate Market

Sweden Sweden — ELF Development has purchased 3 building plots in Malmö from Bonava. 200 residential units are expected to be constructed over 3 phases.
Harstad’s Police Headquarters.

Harstad’s Police Headquarters Sold for EUR 16M

Norway Norway — A group of local shareholders has sold the police headquarters in Harstad for EUR 16M.
Anders Jarl.

Wihlborgs Signs Lease in Copenhagen

Denmark Denmark — Wihlborgs has signed a lease with the transport company M. Larsen, which will lease the entire Abildager 16 property in Brøndby, Copenhagen.
The Ferdinand Boberg building.

High-Profile Property Sold in Central Stockholm

Sweden Sweden — Castellum is planning to acquire Sabbatsberg 24 in Stockholm – the well-known Ferdinand Boberg building near Torsgatan, which housed Stockholm Vatten’s headquarters until last year. The acquisition rests on a final decision by the Stockholm City Council in March.

NCC to Build Office and Hotel in Malmö

Sweden Sweden — NCC has been commissioned by Skandia Fastigheter Öresund to redevelop the Davida 16 block in Malmö. The order is worth EUR 29M.