ARTICLES TAGGED WITH "Cushman & Wakefield"

Cushman & Wakefield Announces New Leadership Team in Sweden

Sweden Sweden — Cushman & Wakefield has appointed Karl Persson and Marie Cronström to lead its business in Sweden.

Swedish CEO Leaves Cushman & Wakefield: "Not a Farewell to the Industry"

Nordic — Last week JLL Sweden’s CEO Daniel Gorosch announced that he is leaving the company. Now another advisory head leaves as Agneta Jacobsson takes farewell of Cushman & Wakefield – but not the real estate industry. She tells Nordic Property News of the decision to leave, the state of the real estate industry and what’s to come next.

"The Strong Foreign Interest in Norwegian Real Estate Will Continue"

Norway Norway — Anders Solaas, newly appointed CEO for Cushman & Wakefield Realkapital, tells Nordic Property News of his views on the Norwegian market, the future development of foreign interest in Norway and what he can contribute to Cushman & Wakefield.

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.

AEW Makes EUR 108M Acquisition from Stockmann

Finland Finland — Stockmann has signed an agreement to sell the iconic retail and office property known as the Book House. The purchaser is the AEW Europe City Retail Fund.

Fast Times at Uarda 6

Sweden Sweden — On Friday, Fabege announced the completion of its third transaction in Arenastaden to Union Investment. Fabege’s Vice President and Director of Business Development, Klaus Hansen Vikström, tells Nordic Property News of the fast transaction and what the next step will be in Arenastaden.

Invesco and Scius Acquires Retail Property in Helsingborg

Sweden Sweden — Invesco Real Estate, together with its Nordic partner Scius Partners, acquires a 10,000 sqm retail property in Helsingborg from Grosvenor Europe.

Billion Divestment for Swedavia at Arlanda

Sweden Sweden — Swedavia divests the property on Stockholm Arlanda Airport where the Nordics’ largest airport hotel is under construction. The property value amounts to EUR 131M.

NREP Divests in Täby

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

Scandic Opens Large Hotel in Copenhagen

Denmark Denmark — Scandic Hotels has signed an agreement with the landlord HM 2 A/S to operate the new large Scandic Spectrum hotel in central Copenhagen. The hotel, which will have 632 rooms, will be the largest in Scandic’s portfolio and is expected to open in 2021.

Alma Acquires Häggvik Entré

Sweden Sweden — Alma Property Partners acquires Stämpeln 1 in Häggvik adjacent to the E4 highway. The property will be developed to a modern retail area comprising approximately 30,000 square meters.

K/S Lahti Sells Retail Property

Finland Finland — K/S Lahti has sold a retail property in Lahti to VVT Property Fund I Ky, a property fund managed by VVT Kiinteistösijoitus Oy.

Union Investment buys Sthlm Hub

Sweden Sweden — Mengus has sold Uggleborg 14, also known as Sthlm Hub, to Union Investment.

Mengus Divests the Copper Building to Folksam

Sweden Sweden — Mengus’s second fund Mengus 2011 divests the office property Duvan 6, also known as the Copper Building, in central Stockholm.

Cushman & Wakefield Strengthens the Nordic Capital Market Team

Norway Norway — Cushman & Wakefield Realkapital AS appoints Lisa F. Wold as Head of Capital Markets in Norway.

Pradera Closes Large Deal with Ikea

Nordic — Pradera has announced the first closing of the Pradera European Retail Parks SCSp, a Luxembourg fund. In a EUR 900M transaction agreed with Ikea Centres, the fund has signed a contract to acquire 25 prime retail parks next to Ikea stores in eight European countries.

TH Real Estate Acquires 50 percent of Kamppi

Finland Finland — TH Real Estate has agreed to acquire a 50 percent stake in the Kamppi Centre, a prime shopping centre located in Helsinki, Finland from Barings Real Estate Advisers, acting on behalf of the Nordic Retail Fund, thereby creating a 50:50 joint venture partnership between Allianz and TH Real Estate. The 50 percent stake, which values the centre at over EUR 500M, is to be acquired on behalf of TH Real Estate’s flagship pan-European investment vehicle, the European Cities Fund, which was launched in 2016.

ELF Development Enters the Swedish Real Estate Market

Sweden Sweden — ELF Development has purchased 3 building plots in Malmö from Bonava. 200 residential units are expected to be constructed over 3 phases.

Carnegie Company Purchases Retail Park

Norway Norway — A Carnegie company has purchased Spillum Handelspark in Namsos, Norway.

Exceptionally High Sales in First Three Quarters

Sweden Sweden — In Sweden, property transactions totalling SEK 134 billion (EUR 14 billion) were carried out during the first nine months of the year. This corresponds to a year-on-year increase of 31 precent.

Redito Purchases from Starwood for €330 M

Sweden Sweden — Starwood Capital Group, a leading global private investment firm, and Vencom, through separately controlled affiliates, sells six retail parks and shopping gallerias in Sweden to Trophi Fastighets AB, a company managed by Redito and owned by the Swedish pension fund AP3.

Coordinated Nordic Research in Focus When Cushman & Wakefield Recruits Håvard Bjorå

Nordic — Håvard Bjorå has been appointed to a newly created role as Head of Nordic Research at Cushman & Wakefield. In the new role Håvard’s responsibility is to build the platform for Nordic Research and to develop concerted analytics across the region.

Cushman & Wakefield Recruits Linderstam as Head of Retail Services

Sweden Sweden — Jens Linderstam has been appointed Head of Retail Services at Cushman & Wakefield in Sweden. Jens Linderstam will be responsible for building the business unit and will be part of the Swedish management team.

Continued High Transaction Activity – Increased International Interest

Sweden Sweden — The Swedish transaction market got off to a good start in 2016 and the transaction volume for the first quarter amounted to SEK 28.5 billion (€3.1M), which is more than SEK 5 billion (€540M) higher than the same period in 2015. It is also the second highest deal volume recorded during a first quarter in the last ten years.

Cushman & Wakefield Presents its Selected Affiliates in the Nordics

Nordic — Cushman & Wakefield has chosen Affiliates in Denmark, Norway and Finland. The guiding principle in the selection has been Cushman & Wakefield's stated vision to lead the real estate industry with the best talent, the best clients and the best results.