Real estate funds managed by Capman have sold two office buildings located at Elimäenkatu 9 and 15 in Vallila, Helsinki, to Areim Fund III.
Blackstone and Areim now control 98,8 percent of the shares in Finnish Sponda.
Blackstone Group and Areim has made a EUR 1.76bn bid for the Finnish company Sponda.
Atrium Ljungberg concluded an agreement on acquisition of the office property Lindholmen 30:1 in the city district Lindholmen in Gothenburg. The property is being acquired for an underlying property value of approximately SEK 1.3 billion (EUR 136M). By means of the acquisition, Atrium Ljungberg is doubling its property portfolio in Gothenburg.
Genesta has sold the office property Atomitie 5 located in Helsinki on behalf of Genesta’s fund GNBRE (Genesta Nordic Baltic Real Estate). The property was acquired by Areim Fund III.
Intea purchases social properties from Blackstone/Areim in Linköping and Östersund, for approximately SEK 3 billion (€ 323M).
Areim recently launched its Areim Fund III and is now entering into its first deal – 20 percent of the Nordic portfolio that Blackstone last year bought from Obligo.
Areim Fund II acquires the property Brahelund 2 in Frösunda, Stockholm from German Commerz Real. The total lettable area is ca 41 000 sqm, of which ca 18 000 sqm office premises are vacant today.
Areim sells Lindhagensporten in Stockholm, on behalf of Areim Fond I to global investment manager Invesco Real Estate via its local partner, Scius Partners.
A new Swedish real estate company, founded by amongst others Lennart Sten, former Europe Manager at GE Capital Real Estate, purchases 44 retail properties from Areim.