JM Acquires Property Outside of Oslo

Norway Norway JM has signed an agreement with the Norwegian pension company KLP for the acquisition of the Bergerveien 12 property in Asker. The deal is worth approximately EUR 33M. Occupancy of the property will take place during Q1 2018 and payment during Q2.

2018-04-03

Share via e-mail

The acquired property is located in Asker, south west of Oslo. The property’s detailed plan has gained final approval for 570 apartments. The acquisition will be reported in the balance sheet in the JM Residential Stockholm business segment during Q1 2018.

The property is part of a larger development area, Vestre Billingstad, in which, approx. 1,600 residential units will be built. 

“We are very happy to be taking possession of the property at the same time as we have started sales of the first phase, Bergerløkka, with 47 apartments. The Billingstad area is nicely located for residences and initial interest has been great,” says Hilde Vatne, Regional Manager, JM Oslo Region.




Maria Olsson Äärlaht
maria@nordicpropertynews.com




Infranode and DIF Buy From SPG

Norway Norway Infranode and DIF have acquired a portfolio of health care and preschool facilities from Scandinavian Property Group, SPG. 


Hemfosa's Norwegian Edge

Norway Norway With two new acquisitions during the beginning of 2018, Hemfosa has strengthened their position on the Norwegian market. The CEO Jens Engwall tells Nordic Property News of the strengths of the Norwegian market and what competitive advantages Hemfosa has.

NRP Buys Two Office Properties in Kristiansand

Norway Norway NRP acquires two fully let properties in Kristiansand in southern Norway.

Eiendomsspar Buys Vestfjord Hotell Lofoten

Norway Norway Eiendomsspar has entered into an agreement to purchase Vestfjord Hotell Lofoten with Norlandia Development, owned by the Adolfsen brothers.

Norconsult to Buy Large Architectural Firm

Norway Norway The biggest office of architecture in Norway is getting the biggest consultancy agency in Norway as its primary stakeholder when Norconsult buys 90 per cent of the shares of Nordic – Office of Architecture.


Wahl Acquires in Central Oslo

Norway Norway Wahl Eiendom has purchased the Karl Johans gate 17 property.

Swedish Company Sells School Property to Instill Courage in Shareholders

Norway Norway SBB made a large divestment in Norway when they sold a school property for MNOK 415.5 (EUR 43M) to British Aviva Investors. CEO Ilija Batljan tells Nordic Property News why the sale of the building – that granted a MNOK 83 (EUR 8.6M) return on equity since acquired by SBB just ten months prior – had important symbolic value.

Peab Builds Senior Housing for EUR 62M

Norway Norway Peab has been commissioned to build Alta Senior Living in northern Norway. The customer is Alta Municipality and the contract is worth about EUR 62M.

Hemfosa Acquires in Bergen

Norway Norway Hemfosa Fastigheter has acquired the property Hansagården in Bergen, with a high proportion of tenants in the community services sector. Hemfosa already owns a community service property in the Bergen area and this acquisition strengthens its position in community service properties in western Norway.

Hemfosa Acquires Remaining 35 Percent of JV with Aspelin Ramm

Norway Norway Hemfosa has acquired Aspelin Ramm’s ownership stake of 35 percent in Gardermoen Campus Utvikling AS (GCU), a joint venture that has built a specialist hospital and a local medical center in the center of excellence for health services and medical care being established near Gardermoen Airport.