NREP Makes Investment in Senior Housing

Denmark Denmark — NREP has become the new co-owner and capital partner to Tetris A/S. NREP will amongst others help expand the VoksenPlus concept across the Denmark by funding an ambitious 5-year pipeline of 15 locations, totalling 80,000 sq.m and 1,000 rental units.

Union Investment Acquires Office Property in Central Helsinki

Finland Finland — Union Investment acquires a multi-tenant property with 12 tenants comprising 5,700 sqm of rental space for UniInstitutional European Real Estate fund.

Catella RIM Acquires in Aarhus

Denmark Denmark — Catella Residential Investment Management GmbH (CRIM), the pan-European investor in residential properties, has acquired around 300 apartments for about EUR 117 million, divided between three deals in Aarhus in Denmark, Tilburg in The Netherlands and Hamburg in Germany, under a single investment mandate for a southern German pension fund.

Why Catella RIM Aims for Denmark

Denmark Denmark — Michael Keune, Managing Director at Catella Residential Investment Management, on what attracted them about Aarhus and why they chooses Denmark over other Nordic markets.

Why the Nordic Investment Boom Continues

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, tells Nordic Property News about the latest investment trends in the Nordics and explains why there is a shifting from the commercial to the residential sector and what can become an obstacle for investors in the future.

New Hotel Trend: Why Investors Targets Suburban Locations

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, tells Nordic Property News about the latest investor trends on the hotel market, why Helsinki is booming among tourists and why the suburban areas are getting more attractive.

New Major Fund Aim for the Nordics but Pass on Sweden – Here Is Why

Nordic — The company behind the new housing fund tells Nordic Property News about the investment plan: "There are more attractive alternatives."

Stadsrum Buys from Axfast

Sweden Sweden — Stadsrum Fastigheter acquires the properties Dragarbrunn 23:1 and Dragarbrunn 23:3 (commonly known as Åhlénshuset) in Uppsala from Axfast.

Invesco Buys in Stockholm

Sweden Sweden — The global real estate investor Invesco Real Estate, together with its local partner in the Nordic region Scius Partners, acquires the office property Skålen 24 in Hagastaden, Stockholm from SEB Trygg Liv.

“A Lot of Foreign Investment in Finland”

Finland Finland — Catella Market Indicator has been published. Managing Director Antti Louko on the main trends in Finland, why the office vacancy rates are still high and predictions for 2019.

Catella Adds Wilner Anderson

Sweden Sweden — Catella strengthens their retail offer by adding former the Agora and Steen & Strøm CEO as a Senior Advisor.

"There Will Be a Few More Large Transactions Before the End of the Year"

Sweden Sweden — Catella initiated one of the year’s largest deals in Stockholm as Atrium Ljungberg and Folksam traded properties. Robert Fonovich, Head of Corporate Finance at Catella, tells Nordic Property News about the process of the transaction, the development of real estate swaps and his view on the last months of 2018.

Atrium Ljungberg and Folksam in Major Property Swap

Sweden Sweden — Atrium Ljungberg and Folksam are selling properties to each other in a swap worth SEK 3.7 billion (EUR 335M).

Tradeka Sells Hotel Properties

Finland Finland — Tradeka has sold three hotel properties to two different buyers: Investors House and a privately owned Finnish real estate investment company.

Sigillet Makes Stockholm Purchase

Sweden Sweden — Sigillet expands their portfolio by acquiring a building on Östermalm in Stockholm.

VVT Acquires a Logistics Property Close to Helsinki Airport

Finland Finland — VVT Property Fund I Ky has bought a logistics property close to Helsinki Airport from Union Investment. The entire 6 600 square meter building is leased to Dayton Group.

Corum Buys Skanska's Finnish HQ

Finland Finland — Corum Asset Management has acquired Skanska's headquarters in the Ruskeasuo area of Helsinki from Union Investment.

Barings Make EUR 100M Acquisition in Stockholm

Sweden Sweden — Barings Real Estate acquires the office building Fleming 7 in Stockholm CBD from Menugs as part of its pan European core investment strategy on behalf of institutional investors for over EUR 100M.

FinCap Divests in Turku and Tampere

Finland Finland — FinCap has sold one residential and one assisted living property located in Turku and Tampere. The properties were divested from funds managed by FinCap to Nordea Life Assurance Finland Ltd.

Another Record Year for Property Transactions in Finland

Finland Finland — Finland’s real estate investment market remained exceptionally active until the end of 2017. As a result, a record-high transaction volume was achieved for the second year in a row. This time, the new record came to around EUR 10 billion, which was driven by a few major deals and strong demand by international investors. This according to the Catella Market Indicator.

Swedish Giant Makes First Retail Investment

Sweden Sweden — Balder has made their first large retail property ever by paying close to MSEK 795 (EUR 81M) for 421 in Gothenburg. Erik Selin tells Nordic Property News more about the fast deal – and open up for more purchases in the new segment.

Exilion Makes Major Sale in Keilaniemi

Finland Finland — Exilion sells a landmark office property in Keilaniemi to a fund managed by Deutsche Asset Management. The transaction is one of the biggest individual office property deals in Finland in 2017.

Catella Launches New Property Company

Sweden Sweden — Two hundred clients of Catella and its distributor partners have subscribed for shares in newly formed company Tre Kronor Property Investment AB (publ), which through a subsidiary has acquired a portfolio of 72 grocery properties in southern Sweden.

Lundbeck Sells to Danish Pension Funds

Denmark Denmark — The international pharmaceutical company H. Lundbeck A/S has divested part of the headquarters in Valby, Copenhagen, no longer needed for their operations.

Minerva Sells in Greater Helsinki

Finland Finland — Catella was the advisor in sale of the property holdings of Minerva Palveluasunnot II.