Patrizia Acquires SPI

Denmark Denmark Patrizia Immobilien AG has acquired Copenhagen-based Sparinvest Property Investors (SPI), one of the leading global real estate fund of funds investment managers in the small- and mid-cap segment. SPI manages funds with equity commitments totalling EUR 1.5 billion.


Pangea: The Nordic Property Market at the Peak or just on the Way to the Top?

Nordic The Nordic property markets will continue to perform well but faces new challenges, according to the new report Pangea Property Outlook 2017/2018. The winners will be segments with continued rental growth, such as attractive offices in the capital regions, while there is upward yield pressure on interest rate sensitive properties. Transaction activity is expected to be record high in 2017, but slow down slightly in 2018.

Alma Sells to Pareto Company

Sweden Sweden Alma Property Partners has sold a portfolio comprising eight warehouse and light industrial properties in southern Sweden to Logistri, a newly established company managed by Pareto Securities. The portfolio includes a gross lettable area of 100,000 square metres. The properties are fully leased with a weighted average lease length of 15 years.

Huge Investment in Research Facility in Gothenburg

Sweden Sweden Vectura and Next Step are building a new arena for Life Science and Innovation in collaboration with Astra Zeneca. The venture is estimated at approximately EUR 365M.

Klövern in Property Swap Deal with Corem

Sweden Sweden In a property swap deal with Corem, Klövern acquires three properties in Norrköping and one site leasehold to a property in Stockholm, and sells three properties and one site leasehold to a property in the Stockholm area.


NRP Sells Logistics Portfolio to GLL

Norway Norway Ness, Risan & Partners (NRP) sells logistics portfolio in Finland to GLL, a Munich based real estate fund manager group. The purchase was backed by South Korean investors.

Capman Real Estate Appoints Investment Directors in Sweden and Denmark

Nordic Following its successful EUR 425 million fund raising for its second pan Nordic Real Estate Fund, CapMan Real Estate has recruited Erik Visteus and Jacob Gade as Investment Directors in its Stockholm and Copenhagen offices to strengthen the team.

Hammarbyterrassen.

Skanska to Build for Fabege in Stockholm

Sweden Sweden Fabege has commissioned Skanska to build the Hammarby Terrassen property, and the project will be run as a collaborative venture.

Tyréns invest in the UK.

Tyréns to Strengthen The International Offer

Sweden Sweden Tyréns has completed its second strategic investment in the UK engineering market by acquiring a stake in Hilson Moran, which was previously backed by private equity investor Albion Capital.

Peab Divests its Holdings in Lemminkäinen

Finland Finland Peab has announced that it has divested its entire holding in Lemminkäinen Corporation.


Thomas Völker Leaves Helaba

Nordic Thomas Völker, Senior Vice Presiden of International Real Estate Finance in Northern Europe, has decided to leave the company.

Skandia Purchases 19,400 sqm in Metropolitan Stockholm

Sweden Sweden Skandia Fastigheter purchases five social properties with schools, health and social care of a total of 19,400 square meters in metropolitan Stockholm.

Heimstaden is to create new apartments in Copenhagen.

Heimstaden Continues to Buy in Copenhagen

Denmark Denmark Heimstaden, through its Danish subsidiary Heimstaden Danmark A/S, entered into an agreement to acquire an ongoing construction project in Copenhagen.

Patrik Andersson.

Brunswick Forms New Company – Makes First Acquisition

Finland Finland Brunswick Real Estate has announced the formation of Kielo, a real estate company aiming to acquire high quality commercial real estate in growing cities in Finland, together with its investors. Kielo has completed its first transaction acquiring a 40,000 square meter office property in Tampere from Aberdeen Standard Investment. 

Hemsö buys its first educational property in Helsinki.

Hemsö Acquires Educational Property

Finland Finland Hemsö has acquired an educational property in central Helsinki with a lettable area of 6,200 square meters.


Rickard S Dahlberg.

NREP Divests in Täby

Sweden Sweden NREP has sold the community center Näsbypark Centrum in Täby, Stockholm.

Continued Divestment for Magnolia

Sweden Sweden Magnolia Bostad divests the Fasanen project located in Central Arlöv, Burlöv’s municipality, encompassing 275 rental units. The divestment refers to, among others, the Burlöv Arlöv 20:58 property and the property value upon completion is estimated to approximately EUR 49M.

Joachim Hallengren, vd på Bonava.

Bonava Completes First Investor Transaction in Bergen

Norway Norway Bonava has sold a housing project in Bergen to the investor Utleiebolig AS. The project consists of 70 rental apartments. 

Peab Creates Offices in Helsinki

Finland Finland Peab has begun the construction of its second office building in Pitäjänmäki in Helsinki.

NCC to Expand the Falkoner Center

Denmark Denmark NCC is to refurbish and expand the Falkoner Center in the Frederiksberg district of Copenhagen. It involves a turnkey contract and the order is worth just over EUR 67M.


Moves Headquarters to Helsinki

Finland Finland The technology group Wärtsilä has signed a long-term lease with Varma Mutual Pension Insurance Company to relocate its headquarter operations to the Salmisaari district of Helsinki.

Ankerkvartalet.

Large Transaction in Stavanger

Norway Norway Øgreid Eiendom has divested Ankerkvartalet of 28,000 square meters to Union Eiendomskapital.

Sato Buys 150 Apartments

Finland Finland Sato has bought residential properties from Veritas Pension Insurance located in Espoo, Vantaa and Turku.

Rikshem Purchases Project Property

Sweden Sweden The project property is located in Central Uppsala where a social property with 105 new care facilities will be erected. The seller is Fastighetsförädlarna i Mälardalen and a 15 year lease has been signed with Attendo Sverige.

The Mårkærvej 2 property in Taastrup

Stensdal Group Develops 9,000 sqm in Taastrup

Denmark Denmark Stensdal Group has purchased the Mårkærvej 2 property in Taastrup, consisting of 6,000 square meter office spaces and 3,000 square meter warehouse and production.


The seller is Base Property and Tenold Gruppen.

Pareto Purchases on Gardermoen

Norway Norway Pareto Eiendomsfellesskap II has purchased a new construction and future warehouse for Bane NOR on Gardemoen for EUR 10M.

Frode Larsen gets a new location.

Lehto Signs Major Contract

Finland Finland Lehto Group has signed a contract with Danish logistics company Frode Laursen for the construction of a new logistics centre in the Kerca district of Kerava.

Largest Aquarium in Northern Europe to Fornebu

New aquarium in Fornebu.
Norway Norway The Selvaag family wants to build the largest aquarium in Northern Europe on Fornebu. The aquarium will encompass 10,000 square meters.

TH Real Estate Assigns Head of Finland

Finland Finland TH Real Estate appoints Katja Holmström as Senior Portfolio Manager in charge of Finland and opens a new office in Helsinki.

Heimstaden Makes Major Acquisition in Denmark

Denmark Denmark Heimstaden has acquired a Danish portfolio with residential properties in five regions. The transaction price is EUR 343M.