DNB claims properties from Oscar Properties

Sweden Sweden — DNB Bank ASA, Sweden Branch and DNB Sweden AB (jointly, DNB) have notified Oscar Properties Holding that they intend to take measures to enforce collateral placed over, among other things, shares in some of Oscar Properties' subsidiaries.

Large Hotel Transaction in Stockholm

Sweden Sweden — DNB Liv divests Hotel C in Stockholm CBD to DNB Scandinavian Property Fund.

Olav Thon Acquires DNB Livforsikring's Share of Sørlandssentret – Becomes Sole Owner

Norway Norway — DNB Livsforsikring AS and Olav Thon Eiendomsselskap ASA have since 2008 jointly owned and developed Sørlandssenteret, each with a 50 percent share. The parties are in agreement that Olav Thon Eiendomsselskap ASA shall continue the ownership alone.

Largest Norwegian Transactions in 2017

Norway Norway — 2017 was an intense transaction year for all the Nordic countries. With the year in the books Nordic Property News can present a list of the largest transactions in all four countries – starting with Norway.

DNB Looking to Buy Property for EUR 543M

Norway Norway — DNB Scandinavian Property Fund wants to increase their investment budget with EUR 543M.

Large Norwegian Deal in Stockholm

Sweden Sweden — Two Norwegian investors carry through a major deal in the capital of Sweden: KLP Eiendom purchases Stockholm Waterfront Congress Centre from DNB Liv for SEK 1,75 billion (€188M).

DNB Livforsikring to Sell Oslo City

Norway Norway — DNB will sell Oslo City to a consortium consisting of Entra and Steen & Strøm. The property is valued at approximately NOK 5 billion (€527 M).

DNB Divests its Residential Property Portfolio in Denmark

Denmark Denmark — Norwegian bank DNB divests its entire residential property portfolio in Denmark to an international private equity group. This is one of the largest property transactions in Denmark in 2015.