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ARTICLES TAGGED WITH "AMF"

AP7 increases its stake in Urban Escape

Sweden Sweden — In May 2023, AMF and AP7 agreed to co-own the city district Urban Escape, which includes Gallerian. The deal, which was then classified as the largest real estate deal of the year, was the start of a strategic partnership with the aim of creating even more value for Sweden's pension savers. Now, the collaboration is further strengthened with AP7 exercising its option to acquire an additional 16.6 percent of the shares in the company.

AMF strengthens the investment in Delcore Fastigheter

Sweden Sweden — AMF is investing approximately SEK 190 million (EUR 17.3 million) in Delcore Fastigheter, which is jointly owned by AMF and ICA Fastigheter, in order to finance the purchase of four larger retail properties.

Swedish Pension Giant AP7 to Make Acquisitions for EUR 6.3–7.4 billion

Sweden Sweden — Swedish pension giant AP7 has stepped into the property industry through a major deal with AMF. After acquiring 33 percent, equivalent to SEK 7.4 billion (approximately EUR 674M), of a JV company that owns the Urban Escape block, Per Olofsson, acting Head of Asset Management at AP7, tells Nordic Property News about the big investment, the company wants to invest going forward, what type of partners AP7 sees itself working with, what kind of properties are of interest and about expanding abroad.

Blockbuster Transaction in Stockholm: AMF and AP7 Form a JV Company

Sweden Sweden — AP7 and the occupational pensions company AMF form a joint venture company that will become owner of the Urban Escape city block in central Stockholm. AP7 will own one third of the new joint company.

New Change in the Swedish Heavyweight's Corporate Management Group

Sweden Sweden — After the change in CEO – another change in the group management team for the Swedish heavyweight.

AMF Acquires Fatburen in Stockholm

Sweden Sweden — The Swedish pension company AMF is buying the office property Fatburen on Södermalm in Stockholm from Aareal Bank for SEK 3,06 billion (€323 M). The building includes a total of 46 000 sqm.

Swedish Pension Company Buys Into Large Norwegian Company

Norway Norway — The Swedish pension company AMF purchases 50 percent of the shares in Oslo Areal, from Norwegian insurance company Gjensidige Forsikring.

Finnish Property Deal Worth €400M

Finland Finland — Swedish AMF has acquired 50% of a property portfolio in Helsinki worth €400M.

Sale and Leaseback Deal Worth €652M in Finland and Sweden

Finland Finland — Retail group Kesko, the Finnish Pension Insurance Company Ilmarinen and the Swedish pension insurance company AMF Pensionsförsäkring has created a joint venture that will own, manage and develop store sites primarily used by Kesko Group.