Quartetto Fuuga.

Antilooppi Expands to Leppävaara

Finland Finland — Antilooppi acquires the office property Quartetto Fuuga from the Church’s Pension Fund and the Parish Union of Helsinki, located at Linnoitustie 9, Leppävaara, Espoo. Quartetto Fuuga was constructed in 2003 and it offers 7,200 sqm of lettable area. The property includes a car park with a total of 160 parking spaces. The property is fully leased to Samlink Oy.

Ica Purchases Properties in Åkersberga

Sweden Sweden — Ica purchases 30,000 sqm from Aftén – of which 15,000 are building permissions – in Åkersberga.
Claes Malmkvist.

Lansa Completes first Acquisition

Sweden Sweden — Lansa Fastigheter, lead by Sveareal’s former CEO Claes Malmkvist, has now made their first acquisition – 720 apartments.
Mall of Scandinavia.

Successful First Year for Mall of Scandinavia

Sweden Sweden — Sweden’s largest shopping destination celebrates their one-year anniversary. Since the inauguration in November 2015 Mall of Scandinavia has welcomed over 13.8 million visitors.

Lidl Makes DKK Billion Investment on Danish Market

Denmark Denmark — German Lidl is looking to double the number of stores in Denmark to 200 by investing billions of DKK, according to Finanas.
Nykredit's headquarters.

Dades Acquires Nykredit’s HQ for EUR 202M

Denmark Denmark — Nykredit has sold the company’s landmark headquarters Glaskuben and Krystallen to Dades for DKK 1.5 billion (EUR 202M).
Sampension invests in youth housing.

Sampension Makes Large Youth Housing Investment

Denmark Denmark — Sampension has acquired the majority of Ungbo’s youth housing for MDKK 450 (EUR 60M) and with it a portfolio of 543 youth residentials in Copenhagen.

Olav Thon Acquires Two Major Shopping Centres

Norway Norway — Olav Thon has acquired two large shopping centres in Norway and Sweden from Steen & Strøm. The transaction price is EUR 340M.
Alfa Laval's property in Tumba.

RIM and Profi Acquire 80,000 sqm in Greater Stockholm

Sweden Sweden — Renger Investment Management (RIM) has together with Profi Fastigheter evaluated plans to acquire and develop the property Tumba 7:150 located in Tumba south of Stockholm.
YIT Starts construction of project in Tampere.

YIT Starts Construction of Project in Tampere

Finland Finland — YIT starts the construction of Ranta-Tampella area development project in Tampere, Finland. The first phase to be constructed is Asunto Oy Tampereen Näsinkeula apartment building with 37 apartments which is part of Keulakortteli city block. The value of the building is almost EUR 20 million. Keulakortteli will consist of five housing co-operatives and it is tentatively estimated to be completed by 2022.
David Kirkby.

Cromwell and Valad Launches European Cities Fund

Nordic — Cromwell Property Group and Valad announces the launch of a EUR 2 billion core European Cities fund with EUR 205M acquisition.

Castellum Sells Property in Lund

Sweden Sweden — Castellum has sold an office property of approximately 7,800 sqm in Lund.

Catella Completes Final Exit for Portfolio of 18 Retail Assets in Finland

Finland Finland — Catella’s asset management team in Finland has closed the final sale of a retail portfolio of 18 assets across Finland. Catella was mandated by Mount Street Loan Solutions LLP in 2014 to act as a strategic asset manager for the portfolio and to lead the sales process of the assets. 

Alma Media Redeems an Office and Production Facility in Tampere

Finland Finland — Alma Media has a currently effective lease agreement with DNB Bank ASA on the office and production facility at Patamäenkatu 7 in Tampere. On 24 October 2016, Alma Media announced to use the interruption option included in the agreement and redeeming the property. The acquisition will be financed and the property recorded on Alma Media’s balance sheet in October 2017 and the value of the transaction is EUR 14.5 million.
Ola Serneke.

Serneke Intends to List on Nasdaq Stockholm

Sweden Sweden — Serneke Group has announced its intention to launch an initial public offering and list its shares on Nasdaq Stockholm.

Tristan Acquires Landmark Telegraph Building in Oslo

Norway Norway — Episo 4, the opportunity fund advised by pan-European real estate investment manager Tristan Capital Partners, has acquired the landmark former Telegraph Building in central Oslo from Telenor Group for MNOK 557 (EUR 62.2M). Co-investing in the office city development project are the Malling and Vedal families.
Veidekke to build for Entra.

Veidekke to Build for Entra

Norway Norway — Entra ASA has awarded Veidekke Entreprenør the contract to build a new university building for the Faculty of Law in the centre of Oslo. This is a turnkey contract valued at MNOK 528 (EUR 58M), excluding VAT.

The Largest Retail Transactions in Sweden

Sweden Sweden — List of the five largest transactions with retail properties in Sweden from October 2015 to September 2016.
Anders Jarl.

Wihlborgs Expands in Denmark

Denmark Denmark — Wihlborgs is strengthening its Copenhagen presence through the acquisition of 13 properties comprising a total of 100,000 sqm. The seller is the Danish pension company Unipension.

Hemfosa Acquires Properties in Finland for EUR 43M

Finland Finland — Hemfosa has signed an agreement to acquire, and has taken possession of, two properties in Espoo, Finland. The police authority and the office of the public prosecutor are the largest tenants. This acquisition, with a corresponding value of about MSEK 420 (EUR 43M), will strengthen Hemfosa's position in Finland, where its property portfolio is now worth approximately SEK 1.5 billion (EUR 152M). The sellers are Localtapiola Mutual Life Insurance Company and Elo Mutual Pension Insurance Company.
By & Havn divests 1,500 apartments in Ørestad.

By & Havn Divests 150,000 sqm

Denmark Denmark — Arkitekt and NREP, Obel-LFI Properties, Pension Danmark, AAB, Balder and PFA Ejendomme are new investors in approximately 1,500 apartments in a new district in Copenhagen.
The hotel will open in 2020.

Stordalen Creates Hotel in Copenhagen

Denmark Denmark — Petter Stordalen will develop the 25,000 sqm Centralposthuset in Copenhagen to a first class hotel. The hotel will open in 2020.
Irmabyen.

Dutch Investment Company Acquires Residentials in Copenhagen

Denmark Denmark — The Dutch investment company Bouwfonds Investment Management has acquired a residential property of 8,120 sqm in the new Rödovre district Irmabyen from Elf Developement. The transaction price is EUR 31M.
C4 Shopping in Kristianstad.

Eurocommercial Acquires Large Shopping Centre for EUR 134M

Sweden Sweden — Eurocommercial has acquired a site in Kristianstad in the southern Skåne region of Sweden, upon which a major shopping centre – C4 Shopping – and external hypermarket are being constructed, with completion expected by the end of 2018.
Økern Portal.

58,000 sqm Construction on Økern

Norway Norway — Oslo Pensjonsforsikring has started the development of 58,000 sqm offices, apartments and retail on Økern.