Trevian Continues to Sell Care Properties

Finland Finland — Trevian Care II Ky, a real estate equity fund managed by Trevian Asset Management Oy, has sold a portfolio comprising of 11 care property assets to a fund managed by AXA Investment Managers – Real Assets.

SRV Sells to Etera in Kerava

Finland Finland — SRV will sell a new complex in the Aleksintori block to be implemented in Kerava town centre. The buyer is Etera Mutual Pension Insurance Company.
Europahuset.

Industriens Pension Acquires Prominent Office Properties from Standard Life

Denmark Denmark — Europahuset is a 10,000 sqm multi-user office building centrally located in Aarhus. The seller is Standard Life.

Citycon Sells a Non-Core Property in Umeå

Sweden Sweden — Citycon has signed an agreement to sell its share in the retail property Länken in Umeå to a Swedish real estate company. Citycon’s proceeds from the transaction are approximately EUR 24 million and subject to closing adjustments related to the ongoing (re)development in the property.
Norges Bank's new Paris building.

Norges Bank Makes Billion Euro Investment in Paris

Norway Norway — Norges Bank Real Estate Management has acquired a 100 percent interest in the Vendôme Saint-Honoré property, located at 9 Place Vendôme and 368-374 rue Saint-Honoré in central Paris.

Avant and Tristan Acquires Office Portfolio

Finland Finland — Avant Capital Partners, together with European Property Investors Special Opportunities 4 (Episo 4), the opportunistic fund advised by pan-European real estate investment manager Tristan Capital Partners, has acquired a 124,000 square meter portfolio of 15 offices located mainly in the greater Helsinki area, for EUR 130 million from Varma.
CBRE sells landmark office in Helsinki.

CBRE Sells Landmark Office in Helsinki

Finland Finland — CBRE Global Investors, on behalf of the CBRE Nordic Property Fund, announces the sale of Merikortteli, an inner city office block, located in Helsinki. The asset has been sold for a value over EUR 100M to Antilooppi.

Reaches Sales of NOK 1 billion – After Just Two Months

Norway Norway — Stor-Oslo Eiendom har now sold apartments for over NOK 1 billion (EUR 110M) in Munch Brygge in Oslo.
SBB buys properties from Klövern.

SBB Makes Major Acquisitions

Sweden Sweden — SBB buys 16 properties in Säter and Karlskrona from Klövern. At the same time SBB acquires a portfolio from Borlänge municipalit. The combined transaction price is approximately SEK 1.6 billion (EUR 166M).

Skanska Invests EUR 21M in Stockholm

Sweden Sweden — Skanska has acquired land in Stockholm from the City of Stockholm for future office development. The total investment amounts to about MSEK 200 (EUR 21M). The plot is situated in Hammarby Sjöstad.

Skanska Builds Third Stage of ESS in Lund for EUR 259M

Sweden Sweden — Skanska has signed a contract with ESS, European Spallation Source, to build the third phase of the research facility in Lund, Sweden. The contract is worth SEK 2.5 billion (EUR 259M) and the work is carried out by Skanska Sweden (75 percent) in cooperation with Skanska UK (25 percent).
Dades Buys 7,000 sqm Commercial Property in Aarhus.

Dades Buys 7,000 sqm Commercial Property in Aarhus

Denmark Denmark — Dades has bought a commercial property of 7,000 sqm at Rådhuspladsen in Aarhus in a so-called off market trade.

Nordic Property Transactions Set Record of EUR 43 billion in 2016

Nordic — Volumes in the Nordic commercial real estate markets set yet another record in 2016, led by an extremely vibrant Swedish market and strong activity in the residential segment, according to Pangea's report. This contrasts with a weak general trend in Europe following the Brexit vote.
Domus Vista.

Akelius Buys Skyskraper in Copenhagen

Denmark Denmark — After having made their first Copenhagen purchase in october Akelius continues to invest in the Danish capital by acquiring 476 apartments in the skyskraper Domus Vista.
Miikka Karjaluoto.

Sato Appoints New Director for Tampere Region

Finland Finland — Miikka Karjaluoto has been appointed as Sato Corporation's Director for Tampere Region from December 27th 2016.
The area around Hagahuset.

Fabege Acquires Hagahuset From AFA Fastigheter

Sweden Sweden — Hagahuset in Solna was acquired with the aim of developing a Live-Work-Play concept building. The purchase price is EUR 18M.

Steen & Strøm Announces the Disposal of Lillestrøm Torv

Norway Norway — Steen & Strøm has entered into an agreement for the sale of the shopping center Lillestrøm Torv, Norway (21,601 sq.m). The sale is based on a property value of MNOK 800 (EUR 88.5M), and is structured as a share deal.

Joint Venture Builds Apartments for Students at Danish University

Denmark Denmark — Boligfonden DTU and Pension Danmark are establishing a joint venture to build and rent out residence halls for students at The Technical University of Denmark.

Jeudan Invests in Copenhagen

Denmark Denmark — Jeudan has reached a deal to purchase three properties in Copenhagen for the transaction price of MDKK 655 (EUR 88M).

Northern Horizon Signs EUR 80M of New Care Homes

Finland Finland — Northern Horizon continues investing into Nordic healthcare real estate through its latest specialised care home fund, Nordic Aged Care. The fund has in December 2016 entered into forward purchase and funding contracts for a value of approx. EUR 80M in Finland. These latest investments comprise 20 properties most of which will be completed in 2017.

Hemfosa Acquires Properties in Finland and Sweden

Finland Finland — Hemfosa acquires a community service property in Turku at an underlying property value of about EUR 16M. The company will also acquire three properties in Sweden at an underlying property value of EUR 10M.

Heimstaden Makes Large Acquisitions

Nordic — Heimstaden has signed an agreement to acquire 13 properties in Ystad owned by Brogripen. The company has also purchased five properties in Copenhagen.
Aerial image of Oasen.

Citycon Buys Office Building in Bergen

Norway Norway — Citycon has signed an agreement to acquire an office building in Bergen for EUR 78M from Tryg Forsikring A/S.

Major Office Transaction in Espoo

Finland Finland — Commerz Real has sold the Life Science Center Keilaniemi office property in Espoo, Finland, to Nordic private equity investor Niam.

Hemsö Buys Nursing Home and Preschool in Finland

Finland Finland — Hemsö has acquired a nursing home and a preschool under construction in Finland. The purchase price amounts to approximately EUR 13M.