Real Holding Purchases for €19M

Sweden Sweden — Real Holding purchases 53,000 sqm industry, warehousing and offices in Örnsköldsvik.
The new apartments in Linköping.

NCC Constructs Rental Units for Stångåstaden

Sweden Sweden — NCC will construct 98 new rental units in Linköping for MSEK 177 (€18.7M).
Sophia Mattsson Linnala.

New CEO and Board for Rikshem

Sweden Sweden — Sophia Mattsson-Linnala, currently CEO at the municipal real estate company Huge Fastigheter AB, has been elected as Rikshem’s new CEO.

Alecta Acquires Värmdö Köpcentrum

Sweden Sweden — Rockspring and Vencom have sold Värmdö Köpcentrum to Alecta. Vencom Property Partners and Alecta are at the same time starting a new co-operation.

Alma and Avant Acquire Shopping Center

Finland Finland — Avant Capital Partners and Alma Property Partners acquire a 30.000 sqm shopping center in Oulu, Finland.

Hansainvest Acquires Office Building in Helsinki

Finland Finland — Hansainvest Hanseatische Investment-GmbH has acquired an office building under construction in Helsinki for one of its special funds. The property at Ilmalantori 3 will measure around 11,600 square meters in total once completed; the purchase price is about EUR 50 million.

CBRE Global Investment Partners Acquires in Copenhagen

Denmark Denmark — CBRE Global Investment Partners announces the acquisition of Sølvgade Complex Student Accommodation, Copenhagen.
NBIM acquires leasehold in London.

NBIM Makes Investment in London

Norway Norway — Norges Bank Real Estate Management has acquired 100 percent of the long leasehold interest in 355-361 Oxford Street, a 59,000 square foot retail and office property in central London.
Ilija Batljan.

Batljan’s Company Makes Large Investment in Falkenberg

Sweden Sweden — Samhällsbyggnadsbolaget created by Ilija Batljan purchases a large urban development project in Falkenberg. The total investment will be approximately €260 M (SEK 2,5 billion).

2,000 Apartments in Växjö Sold

Sweden Sweden — Municipal Växjöbostäder divests 1,923 apartments to Nordhalla and Victoria Park for approximately SEK 1.5 billion (€158M).

The First Phase of Citycon’s Iso Omena Extension Now Open

Finland Finland — The first phase of the extension of the Iso Omena shopping centre located in Matinkylä, in the Helsinki area, has opened. The newly opened area contains 27,000 sqm of new gross leasable area (GLA).

Jewelry Billionaire Wants to Invest in Gated Community in Copenhagen

Denmark Denmark — Pandora billionaire René Sindlev wants to invest MDKK 700 (€94M) in a Gated Community in Solrød, south of Copenhagen.

Purchases 463 Student Apartments

Denmark Denmark — Together with an investment partner, Triton Development North purchases DBS’s previous headquarters in Copenhagen. The property has been converted to 463 student apartments. The seller is Ejendomsselskabet Norden.

Copenhagen Currently Third Largest Transaction Market in Europe

Denmark Denmark — Copenhagen has during the last two quarters been in third place in Europe, in regards to the transaction volume, according to numbers from CBRE.
Peter Strand.

Victoria Park Purchases for €190 M

Sweden Sweden — Victoria Park purchases a apartment property portfolio of a total of 1938 apartments, with a leasable area of approximately 138,000 sqm, located in Malmö and Karlskrona.

Warburg Divests to eQ Finnish Real Estate in Helsinki

Finland Finland — On behalf of Warburg-HIH Invest, TH Real Estate has sold an office property in Helsinki to eQ Finnish Real Estate, a Finnish property fund managed by eQ Asset Management. The purchase price amounts to approximately EUR 21 million.

NCC Sells Share of Finnish Project Company to Citycon

Finland Finland — NCC has sold its share of the Matinkylä Shopping Center project in Espoo, Finland, to its business partner Citycon. The purchase price for NCC’s portion of the jointly owned project company is approximately SEK 750 M (€79 M).

Skanska Invests About €38 M in Residential Development Property in Oslo

Norway Norway — Skanska has bought the development property Sinsenveien 51-53 of Axer Eiendom AS. The net investment for residential purpose amounts to about SEK 360M, and will be recorded by Skanska Norway in the third quarter 2016.

Redito Purchases from Starwood for €330 M

Sweden Sweden — Starwood Capital Group, a leading global private investment firm, and Vencom, through separately controlled affiliates, sells six retail parks and shopping gallerias in Sweden to Trophi Fastighets AB, a company managed by Redito and owned by the Swedish pension fund AP3.

VVO Group Purchases 2,274 Rental Apartments

Finland Finland — VVO Kodit Oy, which is part of VVO Group, has acquired Icecapital Housing Fund II with 2,274 rental apartments.

Sagax Acquires 12 Industrial Properties

Finland Finland — Swedish Sagax has acquired a portfolio of 12 industrial properties for €68M.
Atrium Ljungberg acquires Eken 6 in Sundbyberg.

Atrium Ljungberg Acquires Office Property in New Subsidiary Market

Sweden Sweden — Atrium Ljungberg has concluded an agreement on acquisition of the office property Eken 6 in Sundbyberg, Stockholm from Areim Fund II. The property totals 28,500 sqm and was acquired at an underlying property value of MSEK 1,059 (€112M). The acquisition is Atrium Ljungberg’s first in Sundbyberg, a municipality undergoing strong development where the number of residents will increase significantly over the coming years.
Portalbygget on Hasle, Oslo.

Pension Fund Purchases in Oslo

Norway Norway — The Pension Fund for Health Entrepreneurs (PKH) purchases the newly constructed office building Portalbygget on Hasle in Oslo.
Erik Selin.

Balder and AP3 Acquires from Aberdeen

Sweden Sweden — Balder and the Third Swedish National Pension Fund´s joint venture purchases a portfolio with 21 apartment properties from Aberdeen.
Joacim Sjöberg.

Hemfosa Employs Joacim Sjöberg as Executive Vice President

Sweden Sweden — Hemfosa Fastigheter has appointed Joacim Sjöberg Executive Vice President of Hemfosa Fastigheter AB. This appointment is an additional step in the company's efforts to strengthen its Executive Management Team and ensure long-term, controlled succession planning following the departure of Jens Engwall, who plans to step down from his operational role prior to the end of 2017.