Avignon Capital Sells Copenhagen Prime Retail Portfolio.

Avignon Capital Sells Copenhagen Prime Retail Portfolio

Denmark Denmark Avignon Capital has sold its prime retail portfolio in Copenhagen to Hines, the global real estate investment management firm, for EUR 119M, achieving a 135 percent return on equity.

Ilija Batljan.

SBB Makes Major Purchase in Norway

Norway Norway Entra has entered into an agreement with Samhällsbyggnadsbolaget (SBB) regarding sale of Entras property portfolio in Kristiansand. The Kristiansand portfolio comprise seven properties totaling approximately 45,000 sqm. Total transaction value is MNOK 863 (EUR 95M).

NCC Sells Aitio Business Park in Helsinki to OP-Financial Group.

NCC Sells Aitio Business Park in Helsinki to OP-Financial Group

Finland Finland NCC is selling Aitio Business Park in Helsinki for EUR 45M to an equity fund within OP Financial group.

Stockholm Tops the League of European Shopping Centre Hotspots for Investors, according to Savills.

Savills: Stockholm Tops the League of European Shopping Centre Hotspots for Investors

Sweden Sweden According to international real estate advisor Savills, Stockholm is currently the best European city for investment into shopping centres due to its "safe-haven" status, and its relatively wealthy population.

Alecta Makes Large Acquisition in Stockholm

Nacka strand.
Sweden Sweden Alecta purchases ten properties – 110,000 sqm – from Carlyle in Nacka Strand, Stockholm.

Agder Energi HQ.

Agder HQ Sold for EUR 62M

Norway Norway Kristiansand Næringsselskap has sold the headquarters for Agder Energi to an Arctic company for MNOK 560 (EUR 62M).

Kungsleden acquires Emporia Office.

Kungsleden Acquires Emporia Office from Steen & Strøm

Sweden Sweden Kungsleden continues to expand its property portfolio and strengthens its presence in the cluster Hyllie in Malmö by acquiring an office property under construction, located in Emporia shopping center.

AVA Makes Three Major Investments in Drammen

Norway Norway AVA Eiendomspartner acquires three properties at Bragernes torg in Drammen.

Finnish Transactions Reached EUR 7.2M

Finland Finland According to Finnish KTI the Finnish transaction volume reached EUR 7.2M in 2016. Exceeding the previous record by 14 percent.

Axfood and Norgesgruppen Acquire Eurocash

Sweden Sweden Eurocash is the second-largest food retailer along Sweden’s border with Norway, with eight stores and sales of approximately SEK 1.2 billion (EUR 126M). The group has good profitability and approximately 280 employees. The acquisition and conceived transfer to Norgesgruppen marks a deeper collaboration between Axfood and Norgesgruppen, which was previously based on purchases of certain private label products.

Valad and Goldman Sachs Acquire the Omega Portfolio in Finland

Finland Finland Valad Europe, part of Cromwell Property Group, and Goldman Sachs have acquired the Omega portfolio comprising 22 properties in Finland.

Blekholmen 1.

M&G Real Estate Acquires for EUR 226M in Stockholm

Sweden Sweden M&G Real Estate, one of the world’s largest property investors, has acquired the leasehold of Blekholmen 1 in central Stockholm for EUR 226M from Niam.

Standard Life Acquires Block in Copenhagen

Denmark Denmark The Standard Life Investments European Real Estate Club L.P. III (Euro Club III) has acquired a block of three adjoining mixed-use buildings in Copenhagen.

Sponda Sells in Helsinki and Espoo

Finland Finland The property investment company Sponda Plc has sold a property in Helsinki and a plot of land in Espoo.

Jägersro Center.

CBRE Acquires Shopping Center from Trophi

Sweden Sweden CBRE Global Investors announces the acquisition of Jägersro Center in Malmö, Sweden, on behalf of the CBRE European Shopping Centre Fund II. The vendor was Trophi Fastigheter AB and the transaction price is approximately MSEK 500 (EUR 52M).

Stenvalvet Purchases Properties in Jönköping

Sweden Sweden Stenvalvet makes their first purchase in Jönköping through the acquisition of two social properties from Länsförsäkringar.

NCC Builds Odense’s Highest Building

Denmark Denmark NCC will build the 17 story high TBT Tower as a part of Odense municipality’s large-scale city development “Fra gade til By”.

Spillum Handelspark.

Carnegie Company Purchases Retail Park

Norway Norway A Carnegie company has purchased Spillum Handelspark in Namsos, Norway.

Regenero Has Acquired its First Property in Otaniemi

Finland Finland Regenero, a joint venture formed by YIT and HGR Property Partners, has acquired a property in Otaniemi, Espoo, for a development project.

Erik Karlin.

Tobin Continues to Purchase in Uppsala

Sweden Sweden Tobin Properties has signed an acquisition deal of the properties Fjärdingen 27:5, Fjärdingen 27:6 and Fjärdingen 29:1 in central Uppsala.

Peter Malling.

Savills Forms Association with Norwegian Malling & Co

Norway Norway International real estate advisor Savills has extended its European network by forming a new association in Norway with Malling & Co., a privately held company with 165 professionals across offices in Oslo, Drammen and Stavanger.

Niam Acquires Office Park in Copenhagen

Denmark Denmark Niam has acquired Copenhagen Business Park, an office complex with a lettable area of 67,000 sqm that currently has around 50 tenants.

Sophia Mattsson-Linnala.

Rikshem Makes Large Acquisition in Umeå

Sweden Sweden Rikshem has signed an acquisition deal of 800 apartments in Umeå. The sellers are Lerstenen Invest, Areim Fastigheter 3 and property funds managed by Blackstone.

Ensjøveien 4.

Neptune Purchases More on Ensjø

Norway Norway The property is currently managed by Bergeim Auto Sales and the plot can enable 10,000 sqm of apartments.

Million-Purchase for Danish Pension Funds in Copenhagen

Denmark Denmark The pension funds DIP and JØP purchases nine properties in Copenhagen for EUR 116M.

SRV Sells to Etera in Kerava

Finland Finland SRV will sell a new complex in the Aleksintori block to be implemented in Kerava town centre. The buyer is Etera Mutual Pension Insurance Company.


New Nordic Record

Nordic The border trade reaches record levels in the Nordic countries. As the first food only supermarket ever Olav Thon owned Nordby Supermarket surpasses revenue sales over SEK 1 billion (EUR 105M) in a year, during 2016.

Trevian Continues to Sell Care Properties

Finland Finland Trevian Care II Ky, a real estate equity fund managed by Trevian Asset Management Oy, has sold a portfolio comprising of 11 care property assets to a fund managed by AXA Investment Managers – Real Assets.