Lena Boberg.

Ica Real Estate Sells Twelve Store Properties

Sweden Sweden Ica Real Estate is selling twelve store properties to Secore Fastigheter – a company jointly owned by Första AP-fonden and Ica Real Estate.

Itämerenkatu 3.

Antilooppi Acquires Office Property in Helsinki

Finland Finland Antilooppi acquires Itämerenkatu 3 office property in Ruoholahti from YLE Pension Fund for EUR 28.7M in an off-market transaction.

Posten Sells in Bergen

Posten sells in Bergen.
Norway Norway Posten Norge has hired DNB Næringsmegling to sell the post terminal on Minde and Bring-terminal in Jettaviken. Posten also wants to sell a plot on Kokstad.

Mikael Söderlundh.

Revaluation of Nordic real estate equities – from premium to discount

Nordic Nordic property shares have trended downwards since all-time high in September last year. Former valuation premiums have disappeared and many companies are now trading at a discount. In particular, smaller property shares outside the main list have taken a large hit, according to the new report Pangea Nordic Listed Overview from Pangea Property Partners.

Kungsleden Divests Properties in Uppsala and Botkyrka

Sweden Sweden Kungsleden has signed agreements for the sale of the Flogsta 22:3 property in Uppsala and the greenfield properties Tumba 7:231 and 7:237 in Botkyrka in two separate transactions.

NorgesGruppen Sells to Ragde.

NorgesGruppen Divests to Ragde

Norway Norway Edgar Haugen’s Ragde Eiendom has purchased a package of four retail properties from NorgesGruppen.

Stenvalvet Purchases from Vacse

Sweden Sweden Stenvalvet purchases the 30,000 sqm social property Eldsund 6:6 in Strängnäs from Vacse for EUR 53M.

YIT Closes Agreement in Helsinki

Finland Finland The closing of the agreement to implement the hotel for YIT’s Tripla project in Central Pasila, Helsinki, Finland has been secured after the conditions for the agreement were met.

Changes in Skanska Senior Executive Team

Sweden Sweden Skanska executes several changes in their Senior Executive Team. Among others, Anders Danielsson, Peter Wallin and Pierre Olofsson will get new roles.

The new headquarters.

Edlund Relocates Headquarters

Denmark Denmark Fokus Asset Management has rented out 5,547 sqm office facilities on La Cours Vej 7 in Frederiksberg to Edlund.

Stina Lindh Hök.

Hemfosa Acquires Properties in Sweden for EUR 103M

Sweden Sweden Hemfosa has signed an agreement to acquire a portfolio of five properties in Örnsköldsvik and a community service property in Uppsala.

Nordika Acquires Office Portfolio in Helsinki

Finland Finland Nordika has acquired three office properties in Helsinki from Varma and Tristan Capital. The properties were part of a larger portfolio that Tristan Capital acquired from Varma at the end of December 2016. German bank Helaba financed the acquisition.

Midstar Makes Their First Purchase in Denmark

Denmark Denmark Midstar Hotels purchases the D.H. Holding company that owns both the property and operating company of Quality Airport Hotel Dan in Copenhagen. The seller is European Properties.

Technopolis expands in Vantaa.

Technopolis Continues to Expand Aviapolis Campus

Finland Finland Technopolis will expand its Aviapolis campus in Vantaa due to strong customer demand. The EUR 15.1M project will be launched in June 2017 and is due for completion in November 2018.

Suburban Properties Acquires Property in Tumba from Freja

Sweden Sweden Suburban Properties has acquired the Borkyrka Skyttbrink 29 property from Freja Transport och Logistik, that remain tenants in the building.

PKA and A. Enggaard Construct 280 Apartments in Ålborg

Ålborg gets new apartments.
Denmark Denmark After investments in Denmark’s three largest cities, PKA now turn their heads towards Ålborg.

NCC to Refurbish Sergelhuset for Vasakronan

Sweden Sweden NCC has been commissioned by Vasakronan to refurbish part of the Hästskon 12 property block, also known as Sergelhuset, converting it from office space to a hotel and apartments. The assignment is a turnkey contract in the form of a partnering agreement and the order is worth EUR 56M.

Fredrik Kolterjahn.

New Chairman of the Board of NCSC

Nordic Fredrik Kolterjahn was appointed new chairman of Nordic Council of Shopping Centers at the annual general meeting in Stockholm on May 10th.

Norwegian Fund Expands in London.

Norwegian Fund Expands in London

Norway Norway The Regent Street Partnership between Norges Bank Real Estate Management and The Crown Estate has expanded its ownership in three properties in central London totalling about 5 000 square meters of retail and office space.

Otto Christian Groth, Matilda Vinje and Ida Aall Gram.

AF Eiendom Hiring Management

Norway Norway AF Eiendom has hired Ida Aall Gram and Otto Christian Groth as managers of one project portfolio each.

Skanssi Shopping Centre.

CBRE Managed Fund Enters Finland

Finland Finland The CBRE European Shopping Centre Fund II (ESCF II), a fund managed by CBRE Global Investors, has acquired Skanssi Shopping Centre in Turku. The shopping centre was bought in an off-market deal from Capman.

Capman Exits Office Building in Vantaa

Finland Finland Capman Nordic Real Estate fund has sold Plaza Presto, a modern 6,000 square-metre office building in Vantaa Aviapolis near the Helsinki-Vantaa airport, to a real estate fund managed by eQ.

Forum Wins Best Nordic Shopping Center 2017

Nordic Forum Shopping Centre in Finland is the Best Nordic Shopping Center 2017 according to Nordic Council of Shopping Centers (NCSC). The winner was announced during the NCSC Nordic Award 2017 in Stockholm.

Fastpartner Purchases in Söderhamn

Sweden Sweden Fastpartner purchases the Verkstäderna 2 property from CNF Invest AB. The property is located in central Söderhamn, by Söderhamnsån. The property is leased to approximately 95 percent and has a leasable area of 15,200 sqm.

Catella acted as the seller’s advisor.

Minerva Sells in Greater Helsinki

Finland Finland Catella was the advisor in sale of the property holdings of Minerva Palveluasunnot II.

Fokus Asset Management Invests EUR 27M in Copenhagen

Denmark Denmark Fokus Asset Management invests MDKK 200 (EUR 27M) in developing office buildings at Østerport Station. The investment is expected to be worth MDKK 600 (EUR 81M) when the house is finished.

Krister Johansson.

Serneke Expands in Gothenburg

Sweden Sweden Serneke Fastighet purchases a property of 100 hectares by Säve Depå, for an underlying property value of approximately MSEK 100 (EUR 10M).

Ikea sells in Taastrup.

Ikea Sells Shopping Center in Taastrup

Denmark Denmark Ikea has sold shopping centers in Europe for EUR 900M, and one of those centers are located in Taastrup and encompasses 8,000 sqm.

DNB Divests to Ragde

Norway Norway DNB Næringseiendom has divested Østre Aker Vei 95 to Ragde Eiendom.

Sentrumsgården in Bodø for Sale

Norway Norway The owner of Sentrumsgården in Bodø is considering selling the property that has been valued at approximately EUR 8M.