AF Gruppen Continues the Development of Museum in Oslo

Norway Norway — AF Gruppen has been awarded another contract in the development of the new National Museum in Oslo.

NCC to Build Sustainable Housing Units in Copenhagen

Denmark Denmark — NCC and TDC Pensionskasse pension fund have signed an agreement to construct 187 housing units, a parking facility and a green area in Teglholmen in Copenhagen. The order is worth EUR 39M.
Henrik Saxborn.

Castellum Sells Properties in Sundsvall and Östersund

Sweden Sweden — Castellum has completed a sale of four properties in Sundsvall and six properties in Östersund for a total of EUR 48M.

Bonava Sells in Malmö and Stockholm

Sweden Sweden — Bonava is to sell two housing projects in the Hyllie and Elinegård districts in Malmö to Willhem. At the same time Bonava sells a project in Nacka to Hefab.

Technopolis Divests Two Campuses

Finland Finland — Technopolis signed an agreement to sell its remaining Lappeenranta operations at Skinnarila, as well as its Finnmedi campus in Tampere for a total of EUR 60.6M.
Christian Hermelin.

Fabege Makes Several Acquisitions in Solna

Sweden Sweden — Fabege is on the move in Solna. The company has bought stakes to become the majority owner in Friends Arena. At the same time Fabege closes a deal with Peab to buy properties in Ulriksdal aswell as Visio.

Northern Horizon Aquires Care Home in Kristianstad

Sweden Sweden — Northern Horizon’s latest specialised care home fund, Nordic Aged Care, has acquired on a forward purchase basis a care home in Kristianstad for EUR 15M.

First Dudesons Activity Park in Helsinki

Finland Finland — The first Dudesons Activity Park in the Helsinki Metropolitan Area will open in the Iso Omena shopping centre in autumn 2017. The other two Dudesons Activity Parks in Finland are located in Seinäjoki, Western Finland and Tornio-Haaparanta, Northern Finland.

Danica to Sell Shopping Centers and Offices for EUR 1.6 billion

Denmark Denmark — Danica is planning to sell office spaces for DKK 2 billion (EUR 269M) aswell as shopping centres for DKK 10 billion (EUR 1.34 billion), according to Insidebusiness.
Anders Nissen.

Pandox Acquires Major Hotel Portfolio in Europe

Sweden Sweden — Pandox has entered into an agreement with Invesco Real Estate to acquire seven hotel properties in Europe – four in Germany, two in Austria and one in the Netherlands – with a total of 1,744 rooms. The acquisition price amounts to EUR 415M, corresponding to approximately SEK 4.1 billion, on a debt free basis.

Diös Buys Portfolio from Castellum for EUR 460M

Sweden Sweden — Diös has entered into an agreement to acquire a property portfolio from Castellum for SEK 4.5 billion (EUR 460M), considered a valuation of deferred tax liabilities of SEK 0.1 billion (EUR 10M). In order to partly finance the acquisition, Diös’ Board of Directors proposes to the extraordinary general meeting to resolve on a rights issue with preferential rights for the company’s existing shareholders, and to authorise the Board of Directors to resolve on the final terms of the issue.

VVO Acquires Seven Properties

Finland Finland — VVO Group to acquire seven properties currently occupied by Metropolia University of Applied Sciences. The transaction price is EUR 80.9M.
Fabege sells Uarda 7 in Arenastaden to Union Investment.

Fabege Sells in Arenastaden

Sweden Sweden — Fabege has signed an agreement to sell the Uarda 7 property, in Arenastaden, to Union Investment for EUR 121M.

Bionor Pharma Has Acquired Solon Eiendom

Norway Norway — Bionor Pharma ASA has entered into an agreement to acquire the entire share capital of Solon Eiendom AS for a total consideration of approximately NOK 1 billion (EUR 110M).
Johan Tengelin.

Sveafastigheter Divests the Linnaeus University in Kalmar

Sweden Sweden — Sveafastigheter divests the Linnaeus University project in Kalmar County to a new company, created by Pareto Securities.
Oscar Engelbert.

Large Acquisition by Oscar Properties

Sweden Sweden — Oscar Properties purchases development rights for apartments and commercial properties in Nacka Strand from Carlyle. The purchase price amounts to a total of EUR 59M and the development potential is assessed to about 500 apartments.

Acrinova Purchases in Landskrona

Sweden Sweden — Acrinova purchases five properties in Landskrona worth EUR 13M.
Workplace Oo.

Skanska Invests EUR 64M in Office Project in Oslo

Norway Norway — Skanska invests about EUR 64M in a new office project in Oslo with a total leasable area of ​​24,000 square meters.

Hemsö Acquires University Property in Vaasa

Finland Finland — Hemsö has acquired the university property Academill in the Finnish city of Vaasa. The main tenant in the property is Åbo Akademi.

JM New Owner to Development Property in Oslo

Norway Norway — JM has acquired the development property Vollebekkveien 2A in north-eastern Oslo from Stiansen Eiendom AS.
Avant Acquires 2,000 Residential Units.

Avant Acquires 2,000 Residential Units

Finland Finland — Avant Capital Partners, together with a US based investment firm, has acquired approximately 2,000 residential units in growing cities in Finland into a new residential investment platform. The acquired units comprise in total more than 110,000 sqm and are split in 70 individual assets.

Norges Bank Makes Large Investment in London

Norway Norway — Norges Bank Real Estate Management has acquired a 100 percent interest in 73-89 Oxford Street from Great Portland Estates. The transaction price is EUR 321M.
Himmerlandsgade 74.

M7 Acquires Major Portfolio from Danske Bank

Denmark Denmark — M7 Real Estate announces that it has acquired a portfolio of 76 assets across Denmark from Danske Bank. M7 will act as asset manager through its Copenhagen based team.

NREP Announces Final Closing of New Nordic Fund with EUR 1.7 billion Investment Capacity

Nordic — Pan-Nordic real estate investment manager NREP has held a final closing of NREP Nordic Strategies Fund II with an investment capacity of EUR1.7 billion to be invested primarily in modern logistics, necessity driven retail and residential.

NREP Buys Property in Helsinki

Finland Finland — NREP has acquired a 5,900 square meters modern multi-tenant office building in Aviapolis close to the Helsinki airport.