Swedish Company About to Take Over Danish Company in Crisis

Denmark Denmark — Swedish Kvalitena is about to take over the share majority in the Danish real estate company in crisis, Nordicom.

Balder Acquires Lindholmen Front in Gothenburg

Sweden Sweden — Fastighets AB Balder has acquired the office property Lindholmen Front for approximately €43 M.

Entra in Billion Deal in Oslo

Norway Norway — Entra has signed an agreement to buy three high quality office properties at Skøyen in Oslo from Norwegian Property ASA for approximately €269 M (NOK 2.5 bn).
Malmö Live.

Skanska Sells to Folksam in Malmö

Sweden Sweden — Skanska has signed an agreement with Folksam on the transfer of the office at Malmö Live, Sweden, for SEK 580 M (€62,52 M).

KTI: Transaction Activity Remains High in Finland

Finland Finland — According to the preliminary statistics of KTI, transaction volume in the Finnish property market amounted to almost EUR 2.6 billion during January-May. The volume was approx. 15 percent higher than in the corresponding period last year (approx. EUR 2.2 bn).

Hemfosa Acquires Community Service Properties

Sweden Sweden — Hemfosa has signed an agreement to acquire 13 school properties, primarily in the Stockholm region, at a value of MSEK 444 (€ 47,86 M), with the exclusive option to sign an agreement in September 2016 to acquire a further two school properties at a value of MSEK 320 (€ 34,50 M).
The hospital in Hyvinge.

Peab Builds Extension of Hospital in Hyvinge in Finland

Finland Finland — Peab has been commissioned to build an extension of Hyvinge Hospital north of Helsinki in Finland. The value of the contract is around EUR 31 million.



Technopolis Acquires a Campus in Gothenburg

Sweden Sweden — Finnish Technopolis has signed an agreement with Niam to acquire a multi-customer campus in Gothenburg, Sweden. The debt-free purchase price is SEK 1,177 billion (€ 126.6 million).

Sparinvest Raises its Largest Fund Ever

Denmark Denmark — In only seven months, Danish Sparinvest Property Fund IV (SPF IV) has attracted € 505 million in equity commitments from a diverse group of Nordic institutional investors.
Akademiska Hus invests SEK 3 billion in Albano, Stockholm.

Akademiska Hus Makes Large Investment in Albano Campus

Sweden Sweden — Akademiska Hus is investing SEK 3 billion (€323M) in the continued development of the Albano campus. The area will become a scientific hub connecting the university capital of Stockholm, forming a sustainable campus with education environments for more than 15,000 students and researchers. Approximately 1,000 student housing units and premises for commercial services will also be built here.
Klipporna.

Skanska Sells Office Property in Malmö

Sweden Sweden — Skanska has signed an agreement with Ikano on the transfer of the office property Klipporna in Malmö, Sweden, for SEK 1 billion (€108M).

Wihlborgs Lets Office Space to the City of Malmö

Sweden Sweden — Wihlborgs has signed a 10 year lease with the City of Malmö in the property Uven (formerly the Riksbankshuset) opposite the City Hall in Malmö. The property, of around 7,500 sqm will be modernised and adapted to the tenant’s activities and is expected to be ready for occupancy in January 2017.

PFA Purchases Large Portfolio in Copenhagen

Denmark Denmark — PFA Ejendomme has purchased a property portfolio from the Resolution Property Fund for DKK 1,45 billion (€195M).
Bunde Eiendom plans to build the 22,000 sqm office project.

Plans To Build 22,000 sqm in Oslo

Norway Norway — Bunde Eiendom plans on building 22,000 sqm offices on Helsfyr in Oslo. The detail plan work has recently been initiated.

Sagax Acquires Two Properties in Finland

Finland Finland — Swedish Sagax has acquired two industrial properties in the Helsinki Metropolitan area.

Important Steps Taken Towards Creating Nobel Center

Sweden Sweden — The work to create the Nobel Center in Stockholm is continuing. Step by step, important pieces of the puzzle are falling into place. New visual material from David Chipperfield Architects illustrates the latest refinements to the building and its contents.
ATP Properties purchases Turbinhusen in Copenhagen

ATP Properties Purchases in Copenhagen

Denmark Denmark — ATP Properties pays about €32 M for the newly constructed office property Turbinhusen in Copenhagen. The seller is Tetris and Nordic Real Estate Partners common Tetrep Adel Street.

Invests €38 M on Gardermoen

Norway Norway — In February 2017 KLP Eiendom starts a comprehensive development of Quality Airport Hotel Gardermoen, together with Nordic Choice Hotels.

Norwegian Investor Purchases in Denmark

Denmark Denmark — Norwegian Pareto Securities has completed their first large direct investment in Denmark, 60,000 sqm logistics.
Ilija Batljan.

Ilija Batljan on His New Business – The First Deal Completed

Sweden Sweden — Ilija Batljan’s Samhällsbyggnadsbolaget will in five years have a property value of SEK 15-20 billion. “We are aiming towards the markets where there is barely any competition” says Ilija Batljan at Fastighetsmarknadsdagen in Västerås.
Fabritus Gruppen Acquires Strålfors headquarters.

Fabritius Purchases from Pareto

Norway Norway — Fabritius Gruppen purchases Strålfors’ headquarters in Oslo for approximately MNOK 200 (€21M).

They Develop Finland's Largest Shopping Mall

Finland Finland — YIT, Etera Mutual Pension Insurance Company, Onvest Oy and Fennia Mutual Insurance Company have all signed the agreement to implement the Mall of Tripla and its parking facilities as a joint venture. Mall of Triples will be built at the station of Pasila in Helsinki.
Tomas Ernhagen.

Fastighetsägarna: The Slowdown is a Fact

Sweden Sweden — According to Fastighetsägarna’s latest economic forecast the growth will end up on three percent, at best, this year and next year it looks like the number will decrease further.

Ilmarinen Develops 200 Rental Apartments

Finland Finland — Pension insurance company Ilmarinen has signed an agreement with construction company Lujatalo on developing 200 rental apartments in Espoo and Vantaa.

KTI: Office Rents Decreasing – Residential Rents Continue Increasing

Finland Finland — Negative development of office rents has continued especially in the Helsinki region. The KTI office rent index for Helsinki CBD decreased by 1.1 per cent during the last 12 months and the median office rent in the Helsinki CBD decreased by more than one euro to 26.4 €/sqm/month.