NREP Acquires More Than 600 Apartments in Finland

Finland Finland NREP Nordic Strategies Fund II has signed agreements to acquire more than 600 apartments in Helsinki and main growth centers in Finland.

Heimstaden buys Copenhagen portfolio from Niam.

Niam Sells Residential Portfolio in Copenhagen

Denmark Denmark ‚ÄčNiam has entered into an agreement to sell a residential portfolio of approximately 13,800 sqm to Heimstaden, a Swedish property company for a price of approximately DKK 422 million (€56.6 million).

Hemsö Purchases Property Portfolio in Luleå

Sweden Sweden Hemsö has signed a letter of intent regarding a property portfolio in Luleå of approximately 30,000 sqm.

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.

Skanska builds hotel and develops apartments in Oslo

Skanska and HAV Eiendom will erect two buildings with hotel, retail space and apartments.
Norway Norway Skanska has signed a contract with HAV Eiendom to build a hotel and retail space as well as to develop apartments in Bjørvika, Norway, one of Oslo's most sought after areas.

Vacse Acquires School in Linköping

Vacse acquires Vallaskolan i Linköping.
Sweden Sweden Skanska has divested Vallastadens school in Linköping, Sweden, for MSEK 200 (€21M). The buyer is Vacse AB.

Real Holding Purchases for €19M

Sweden Sweden Real Holding purchases 53,000 sqm industry, warehousing and offices in Örnsköldsvik.

Hospital Area in Helsingör to Become Apartments for €202M

The Hospital Area in Helsingör.
Denmark Denmark The area surrounding the old hospital area in Helsingör might be transformed into an attractive apartment area.

Blackstone to Acquire Large Stake of D Carnegie

Sweden Sweden In July, Blackstone announced that agreements regarding 32 percent of the share capital and 40 percent of the voting rights in D Carnegie had been reached. Now, the conditions set out in the agreeements have been filled.

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).

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).

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.

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).

CBRE Global Investment Partners Acquires in Copenhagen

Denmark Denmark CBRE Global Investment Partners announces the acquisition of Sølvgade Complex Student Accommodation, Copenhagen.

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.

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.

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.

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.

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).

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.

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.

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).

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.

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.

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.

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.

Sagax Acquires 12 Industrial Properties

Finland Finland Swedish Sagax has acquired a portfolio of 12 industrial properties for €68M.