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.
Sthlm 01.

Skanska Invests EUR 138M in Office Building in Stockholm

Sweden Sweden — Skanska invests about EUR 138M in the office building Sthlm 01 in Stockholm, with a total leasable area of about 26,000 square meters.
There will be one Clarion Hotel and one  Comfort Hotel.

Stordalen to Develop Hotels by Copenhagen Airport

Denmark Denmark — Petter Stordalen and Nordic Choice Hotels won the contract for two hotels by Copenhagen Airport. On April 1st the current airport hotel will be converted to a high-end Clarion Hotel, and at the same time the construction of a new Comfort Hotel will start.
Ikea purchases land in Vestby.

Ikea Purchases Land in Vestby

Norway Norway — Ikea has purchased land in Vestby for EUR 8.8 M.

Here Are the Nordic Nominees for Mipim Awards

Nordic — The nominations for the prestigious Mipim Awards have been made public. Four Nordic projects are among the nominees.
Salto Eiendom has sold PP-sentret.

New Owners of Porsgrunn Shopping Center

Norway Norway — Salto Eiendom has sold PP-sentret in Porsgrunn to Søndre Viken.
Peter Stedal.

New Scandinavian Customer Center for Elgiganten

Denmark Denmark — The new customer center will be located in Copenhagen and will create 200 new jobs.
Julia and Guy Hands.

McDonald's Sells All Nordic Restaurants

Nordic — McDonald’s Corporation today announced that it has signed a share sale and purchase agreement and agreed on the Master Franchise Agreement with Guy Hands. Mr. Hands will become the Development Licensee (DL) for the Nordic markets.  
Nardoveien 10.

Trondheim Bygginvest Divests Property Portfolio

Norway Norway — Trondheim Bygginvest AS has divested a property portfolio for approximately EUR 16M.

Hemsö Acquires Property Portfolio in Luleå

Sweden Sweden — Hemsö has acquired five properties and been awarded a land allocation in Luleå. The total investment amount is approximately EUR 39M.

Sato Buys 17 Rental Homes in Helsinki

Finland Finland — Sato has bought 17 rental homes in Kallio, Helsinki. The apartments are studios and one-bedroom homes.
Anders Jarl.

Wihlborgs Acquires in Copenhagen

Denmark Denmark — Wihlborgs has completed one acquisition in Copenhagen and two acquisitions in Helsingborg.

Bonava Sells in Stockholm

Sweden Sweden — Bonava is selling the Tobaksmonopolet 3 property in the Södermalm district of Stockholm to CA Fastigheter and Panorama Bostad.

Christopher af Trampe Joins Northern Horizon

Sweden Sweden — Northern Horizon has appointed Christopher af Trampe as Head of Sweden. 
The new centre.

DSV Builds Logistics Centre in Vantaa

Finland Finland — DSV is starting a construction project for a new logistics centre in Vantaa.
Henrik Saxborn.

Castellum to Form New Regions

Sweden Sweden — Castellum has initiated a process to reduce the number of regions from five to four. Meanwhile, the managing director of the region North, Jörgen Lundgren, has decided to leave the company.
Kungsleden acquires Emporia Office.

Kungsleden Acquires Emporia Office from Steen & Strøm

Sweden Sweden — Kungsleden continues to expand its property portfolio and strengthens its presence in the cluster Hyllie in Malmö by acquiring an office property under construction, located in Emporia shopping center.
Nacka strand.

Alecta Makes Large Acquisition in Stockholm

Sweden Sweden — Alecta purchases ten properties – 110,000 sqm – from Carlyle in Nacka Strand, Stockholm.
Avignon Capital Sells Copenhagen Prime Retail Portfolio.

Avignon Capital Sells Copenhagen Prime Retail Portfolio

Denmark Denmark — Avignon Capital has sold its prime retail portfolio in Copenhagen to Hines, the global real estate investment management firm, for EUR 119M, achieving a 135 percent return on equity.
Ilija Batljan.

SBB Makes Major Purchase in Norway

Norway Norway — Entra has entered into an agreement with Samhällsbyggnadsbolaget (SBB) regarding sale of Entras property portfolio in Kristiansand. The Kristiansand portfolio comprise seven properties totaling approximately 45,000 sqm. Total transaction value is MNOK 863 (EUR 95M).
NCC Sells Aitio Business Park in Helsinki to OP-Financial Group.

NCC Sells Aitio Business Park in Helsinki to OP-Financial Group

Finland Finland — NCC is selling Aitio Business Park in Helsinki for EUR 45M to an equity fund within OP Financial group.
Agder Energi HQ.

Agder HQ Sold for EUR 62M

Norway Norway — Kristiansand Næringsselskap has sold the headquarters for Agder Energi to an Arctic company for MNOK 560 (EUR 62M).

AVA Makes Three Major Investments in Drammen

Norway Norway — AVA Eiendomspartner acquires three properties at Bragernes torg in Drammen.

Axfood and Norgesgruppen Acquire Eurocash

Sweden Sweden — Eurocash is the second-largest food retailer along Sweden’s border with Norway, with eight stores and sales of approximately SEK 1.2 billion (EUR 126M). The group has good profitability and approximately 280 employees. The acquisition and conceived transfer to Norgesgruppen marks a deeper collaboration between Axfood and Norgesgruppen, which was previously based on purchases of certain private label products.

Finnish Transactions Reached EUR 7.2M

Finland Finland — According to Finnish KTI the Finnish transaction volume reached EUR 7.2M in 2016. Exceeding the previous record by 14 percent.