Alma Property Partners acquires the Optimus area in Upplands Väsby.

Alma Acquires in Upplands Väsby

Sweden Sweden — Alma Property Partners buys the Optimus area in Upplands Väsby from Gamla Livförsäkringsaktiebolaget SEB Trygg Liv.
Skanska builds the new Regionens Hus in Gothenburg.

Skanska Builds the New Regionens Hus in Gothenburg

Sweden Sweden — Skanska has signed a contract with Västfastigheter for the second phase of the construction of the new Regionens Hus in Gothenburg, Sweden. The contract is worth about MSEK 580.

LEGO to Build New Headquarters

Denmark Denmark — The Danish toymaker LEGO will build a new 52,000 sqm headquarters in Billund. The new building is drawn by CF Møller.
AART is the winner of the  Viking Age Museum in Oslo.

AART Architects Selected to Design Viking Age Museum

Norway Norway — In April, 111 entries from around the world were cut down to three finalists and now to one winner. After a final negotiation phase, Danish AART have signed a contract with Norwegian Statsbygg for the design of the new Viking Age Museum in Oslo.

H1 Transaction Volume Close to €3 billion

Finland Finland — According to preliminary statistics from KTI, the transaction volume on the Finnish property market for the first six months of 2016 reached almost € 3 billion.

YIT Sells to Ålandsbanken’s Funds

Finland Finland — YIT has agreed to sell approximately 60 apartments and selected plots to Ålandsbanken’s funds. The total value of the agreements is close to € 20 M.

Madison Completes Sale of Statoil Office Complex in Oslo

Norway Norway — Madison International Realty, a New York-based investment company, announces that it has completed the sale of the Statoil office complex in Oslo, Norway for NOK 3.9 Billion (€419 M) to a club of local investors established by Arctic Securities, representing a 5.4% cap rate.

Heimstaden Purchases in Värnamo

Sweden Sweden — The portfolio consists ten properties containing 174 flats and 35 commercial premises. Total area is about 19,300 sqm and sellers are VärnaBo AB.
Mikael Söderlundh.

Nordic Property Transactions Reach New Record in First Half of 2016

Nordic — Driven by a very strong Swedish market, volumes in the Nordic property markets reached a record in the first half of 2016 - €18.6 billion, according to new figures from Pangea. Institutional investors and listed property companies were particularly active on the buy side.

CapMan Real Estate Sells Five-star Hotel to Deka Immobilien

Finland Finland — CapMan Nordic Real Estate fund has signed an agreement to sell a hotel property on Yrjönkatu 13 in central Helsinki to a fund managed by Deka Immobilien.
Johan Tengelin.

Swedish fund Ranked in World Top

Sweden Sweden — Swedish Sveafastigheter, has been ranked as the Most Consistent Performing Opportunistic Closed-End Private Real Estate Fund Manager on a shared first position out of 34 firms and 184 funds fulfilling the selection criteria. The list was compiled by Preqin in the 2016 Global Real Estate Report – the most comprehensive global review of the real estate industry.
Håvard Bjorå.

Coordinated Nordic Research in Focus When Cushman & Wakefield Recruits Håvard Bjorå

Nordic — Håvard Bjorå has been appointed to a newly created role as Head of Nordic Research at Cushman & Wakefield. In the new role Håvard’s responsibility is to build the platform for Nordic Research and to develop concerted analytics across the region.

Magnolia Bostad Employs an Additional 12 Staff Members

Sweden Sweden — Magnolia Bostad continues to grow and strengthen the organization with a total of 12 people. In the fall Fredrik Westin starts as CFO and will take place in the management team, which then will consist of five people.
Orklas new Head Quarters.

Skanska and Orkla to Build Orkla’s New Headquarter in Oslo

Norway Norway — Skanska has signed a contract to build Orkla’s new headquarter in Oslo, Norway. The client is Drammensveien 149 Nybygg, a wholly owned subsidiary of Orkla Eiendom. The contract is worth MNOK 530 (€57M).

Sponda Invests €31M in Vantaa

Finland Finland — The property investment company Sponda will develop an office and retail complex at Tikkurila railway station in Vantaa, Finland.

Pandox and Scandic Hotels Renew Leases for 19 Hotels

Nordic — The hotel property company Pandox and the hotel operator Scandic Hotels have renewed and extended lease agreements for 19 hotels in the Nordic region.

New Artificial Island in Copenhagen

Denmark Denmark — A joint venture will create an extraordinary residential development project in Nordhavn, Copenhagen.

World Class French Fashion House to Stockholm

Sweden Sweden — The world famous French fashion house Céline opens a store in Bibliotekstan in Stockholm.
P-G Persson.

Platzer’s First Acquisition on Lindholmen

Sweden Sweden — Gothenburg Company Platzer has for a time had the goal of acquiring in the Lindholmen district. The first acquisition is now completed; an office property encompassing 9,700 sqm for MSEK 373 (€40M).

Midgard Group Divests Downtown Property

Norway Norway — Midgard Group has purchased a lot lately. Now they are selling a central property in Bergen.

Donation Leads to Innovation Building

Denmark Denmark — An MDKK 100 (€13,5M) donation from the A.P. Møller Fund makes it possible for Aalborg University to erect a new juncture for entrepreneurship and interdisciplinary research.
Alma Property Partners acquires 34 apartments in Ørestad in Denmark.

Alma Property Partners Completes Second Acquisition in Denmark

Denmark Denmark — Alma Property Partners acquires 34 apartments in Ørestad in Denmark. The transaction is the second in Denmark for Alma’s new opportunistic fund.
Anders Jarl.

Wihlborgs Buys and Sells

Denmark Denmark — Wihlborgs is acquiring a property in Copenhagen and is divesting properties in Helsingborg and Malmö as part of its long-term work on developing its commercial property holdings.
BAS Barkarby.

BAS Barkarby About to Become a Reality

Sweden Sweden — The municipal executive board of Järfälla has made a decision on renting approximately 11,000 sqm from Atrium Ljungberg for upper secondary education, a multi-purpose hall, library and other cultural activities in BAS Barkarby in Barkarbystaden. The decision is an important step towards the vision of creating a regional meeting place in the emerging city district.
Kungsleden divests in Kristianstad.

Kungsleden Divests Property and Leaves Kristianstad

Sweden Sweden — Kungsleden divests the property Karburatorn 2 in Kristianstad to Trophi Fastighets AB for MSEK 73.5 (€8M).