Förvaltaren in Sundbyberg, Stockholm, has sold the property Terränglöparen 9 in Hallonbergen to the housing cooperative Terränglöparen 9 for a conversion to condominiums.
D Carnegie has entered into an agreement to acquire residential property portfolios in Arboga, Köping and Tranås. The seller is Balder. The property portfolios comprises 42 properties and 1,681 apartments. The agreed property value is SEK 1.42 billion (EUR 150M) and the purchase price amounts to SEK 1.04 billion (EUR 110M). The transaction is a share deal with closing on May 2, 2017.
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.
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.
Savills has advised Aberdeen Asset Management on the sale of 3 Kobmagergade (‘K3’), in the heart of Copenhagen’s luxury shopping district. The buyer is a private investor.
The strong growth in e-commerce in Sweden is creating huge demand for new warehouse and logistics properties, according to international real estate advisor Savills. In the first half of the year, the sector saw an estimated transactional volume of just below SEK 10 billion (EUR 1 billion). This is only about SEK 3.2 billion (EUR 330M) lower than the full year average for the last ten years, and is a strong indicator of investor appetite for logistic and warehouse properties in Sweden. Listed Sw
CBRE Global Investment Partners announces the acquisition of Sølvgade Complex Student Accommodation, Copenhagen.
During the first three months of 2016 Sweden witnessed a record SEK 35bn (€3.8bn) of investment into commercial real estate. According to international real estate advisor Savills, this investment volume is 39 percent up on Q1 2015 and 11percent higher than the previous Q1 record in 2007, an all time high for a first quarter period.
State-owned Avinor sells the Radisson Blu hotel property at Oslo airport for approximately MNOK 1,5 billion (€160 M). The buyer is private company OG Ottersland AS.
Savills continues its ventures on Sweden’s west coast and recruits a market leading agency team to be based in their Gothenburg office. Nils-Åke Rydqvist will be managing and overseeing general office operations.
International real estate advisor Savills has appointed Gabrielle Hemmerlind as head of office agency in Sweden based in its Stockholm office.
The gap between prime and secondary property yields in Sweden is set to fall by around 25bp this year as investor demand for secondary product grows, says realtor Savills. Prime yields may fall below 4% for the first time since the 1980s.
International real estate advisor Savills has extended its European network by forming a new association in Denmark with Nybolig Erhverv.
Swedish bank SEB has signed an agreement to sell its German real estate investment management business, SEB Asset Management AG, including its main subsidiary SEB Investment GmbH, to Savills plc for a consideration of up to € 21,5 M in cash.