Start Newsletter Magazine Advertise About Akelius’ First Acquisition in Copenhagen DENMARK Swedish Akelius has acquired three properties in central Copenhagen for the price of MDKK 321.5 (EUR 43M). Akelius plans to upgrade all of the apartments to First Class. Capman Sells Landmark Office Building in Stockholm SWEDEN Capman Nordic Real Estate fund has agreed to sell Bergshamra Bro in Solna, Northern Stockholm, to Solnaberg Property AB, a company established by Catella. The price is MSEK 858 (EUR 89M). Hemsö Acquires Property Portfolio in Nacka SWEDEN Hemsö has acquired a portfolio comprising a number of properties in Nacka Municipality in Stockholm. The investment totals approximately SEK 1.5 billion (EUR 155M). Nordisk Renting Acquires in Finland and Denmark NORDIC Nordisk Renting enters into a new relationship with Posti Group and extends support to existing customers SAS and Mercedes-Benz. Large Hotel Deal in Oslo NORWAY Storebrand Eiendomsfond Norge purchases Scandic Fornebu from Koksa Eiendom and Utstillningsplassen Eiendom. Barings Acquires First Property in Finland for German Pension Fund FINLAND Barings Real Estate Advisers, formerly Cornerstone Real Estate Advisers, has acquired the office and retail building "K25" in the Finnish capital Helsinki, acting on behalf of a German professional pension fund. Castellum Invests in Stockholm SWEDEN Castellum has started two new constructions in Smista area in Huddinge, Stockholm, where the total investment is calculated to MSEK 222 (€23M). Exceptionally High Sales in First Three Quarters SWEDEN In Sweden, property transactions totalling SEK 134 billion (EUR 14 billion) were carried out during the first nine months of the year. This corresponds to a year-on-year increase of 31 precent. Skanska Builds Nedre Otta Power Plant in Norway NORWAY Skanska has signed a contract with Eidsiva Vannkraft AS to build Nedre Otta power plant in the municipalities Sel and Vågå, Norway. The contract is worth MNOK 657M (€68M). SPG Purchases Health Care Property NORWAY Scandinavian Property Group purchases (through its subsidiary SPG Omsorg) Hokksund Rehabiliteringssenter, encompassing 8,300 sqm. Danish Gambling Authority Leaves Copenhagen DENMARK The Danish Gambling Authority moves from Copenhagen to Odense. The move is carried through as a part of the Danish state’s workplace relocation. Kungsleden Leases 2,000 sqm SWEDEN Kungsleden has signed a lease agreement with Granngården for 2,090 sqm retail space and 540 sqm land in the property in Nyköping. Balder Acquires Properties For More Than SEK 4 billion SWEDEN Fastighets AB Balder has entered into an agreement to acquire all the properties in the I.A Hedin Fastighet AB group from Anders Hedin Invest AB. The agreed value of the properties will amount to SEK 4.150 billion (EUR 434M) after completion of ongoing new and re-constructions. Balder also completes a directed issue of 3 million Class B ordinary shares, raising proceeds of approximately MSEK 690 (EUR 68M). NPRO Makes Large Sale in Oslo NORWAY Norwegian Property has entered into an agreement to sell Oslo property to Deka Immobilien. The agreed property value in the transaction is MNOK 506.5 (EUR 54.8M). Ikea Is Close to EUR 1 billion Real Estate Sale to Pradera SWEDEN Ikea is close to selling 27 retail park surroundings to London based Pradera for approximately EUR 1 billion, according to Bloomberg. Three of the items in the portfolio are Swedish. Allianz Closes Its First Debt Transaction in Sweden SWEDEN Allianz Real Estate has closed a debt transaction in Sweden by providing a MSEK 690 (approx. EUR 73M) loan for the refinancing of the Bergvik shopping center in Karlstad. This also represents the first direct debt investment for Allianz Real Estate in Sweden and with Eurocommercial Properties. Grosvenor Europe in Swedish Residential Push SWEDEN Grosvenor Europe is expanding its position in the Swedish real estate market with a new residential development strategy. The business, part of the privately owned international property group, Grosvenor Group, is looking at opportunities to develop residential accommodation in and around its existing assets, as well as considering new sites for residential development. Dades Makes Three Purchases DENMARK Dades has had an active week of investments where they’ve made three purchases. They started by bying the commercial property Laura hus in the Carlberg City, then bought 65 residential appartments in Koge and finished, then acquired a retail portfolio in Roskilde. Credi: Property Sector Benefits from Brexit-effect SWEDEN In the September edition of the Swedish “Catella Real Estate Debt Indicator”, the property sector does not appear to have suffered from the Brexit vote. The property companies’ loan-to-value has increased while their average interest rate has fallen, and listed property companies have outperformed the stock market. However, although the Credi Main index increased from 41.0 to 42.5, the property debt financing market is still in contraction. SSM Strengthens Board of Directors with Experienced Names SWEDEN SSM has fortified its Board of Directors with a number of well-known and experienced people from the real estate and financial sectors. Bo Andersson, Per Berggren, Sheila Florell, Ulf Sjöstrand and Jonas Wikström were elected as new Board members at an extraordinary general meeting. Ulf Sjöstrand is one of the two founders of the company. Anders Jansson remains as Chairman of the Board. Posti Sells a Logistics Centre FINLAND Posti has signed an agreement to sell a 74,000 square metre logistics warehouse property Pennala 2 to RBS Nordisk Renting. The property is located in Orimattila. Stefan Wallander Joins NREP as Partner in Sweden SWEDEN NREP continues its expansion with hiring another partner for its Stockholm office. Stefan Wallander of MTG joins NREP. Tristan Fund Buys Swedish Retail Portfolio SWEDEN The EPI Special Opportunities 4 opportunity fund, advised by pan-European real estate investment manager Tristan Capital Partners, has acquired four local shopping centres in the Greater Stockholm region and a retail park in northern Sweden for a total of around MSEK 900 (€94 million) from a fund managed by Aberdeen Asset Management. The Norwegian State Has Sold Shares in Entra NORWAY The Norwegian State represented by the Ministry of Trade, Industry and Fisheries sold 30 million shares in Entra ASA for gross proceeds of NOK 2.49 billion (€ 269M). Humlegården Launches Large Solna Project SWEDEN Arbetsförmedlingen, Sweden's Public Employment Agency, will relocate their headquarters in 2019 to a newly built Humlegården project in Solna Strand. Arbetsförmedlingen rents 18,000 of the Grow project’s 25,000 sqm. Skanska Invests in New Office Project in Helsinki Skanska´s new office project in Helsinki. Image: Skanska FINLAND Skanska invests €46M in a new office project in Helsinki, Finland, with a gross leasable area of 12,000 sqm. Bonava Sells Housing Project in Denmark DENMARK Bonava has sold a housing project in Copenhagen, Denmark, to the property company Balder for approximately MSEK 224 (€23,5M). The project consists of 74 rental apartments. The Tallest Wooden Building in the World SWEDEN Håbohus and Bjerking are responsible for the proposal of the 17 floor wood building that fits 55 apartments, offices and open areas. Large Klövern Share Divestment SWEDEN Arvid Svensson Invest, who prior to this deal was the largest shareholder in Klövern, divests B shares for approximately MSEK 900 (€ 94M). The major shareholder and CEO Rutger Arnhult purchases some of them. Patrizia Purchases in Copenhagen DENMARK German Patrizia purchases 177 apartments on Teglholmen in Copenhagen. Older Newsletter Subscribe to our free newsletter to receive weekly news updates. You can opt-out at any time. Regional News Sweden Capman Sells Landmark Office Building in... Hemsö Acquires Property Portfolio in Nac... Exceptionally High Sales in First Three... Kungsleden Leases 2,000 sqm Castellum Invests in Stockholm Norway Large Hotel Deal in Oslo SPG Purchases Health Care Property Skanska Builds Nedre Otta Power Plant in... NPRO Makes Large Sale in Oslo Veidekke and Anthon B Nilsen to Build in... Denmark Akelius’ First Acquisition in Copenhagen Danish Gambling Authority Leaves Copenha... Dades Makes Three Purchases Patrizia Purchases in Copenhagen Bonava Sells Housing Project in Denmark Finland Barings Acquires First Property in Finla... Posti Sells a Logistics Centre Skanska Invests in New Office Project in... The Rental Residential Market is Buzzing... Sato's CFO Esa Neuvonen is Leaving the C... Facebook Twitter Tweets by @NPN_Online © Nordic Property News 2016