The Pandemic Effects: Major Uncertainty in the Swedish Office Market

Sweden Sweden — Peter Wiman at EY on the current office trends in Stockholm; how urbanization will continue, the decreased investment volume from global investors, and how the vacancy rates in the most attractive areas have developed lately.

Studentbostäder i Norden Makes First Norwegian Acquisition

Norway Norway — Studentbostäder i Norden continues its Nordic expansion and acquires a property in Norway with 99 student apartments.

Patrizia Invests EUR 145M in Helsinki Residential Portfolio

Finland Finland — Patrizia has acquired a portfolio of multifamily residential properties in Helsinki from Taaleri, the Nordic investment and asset manager, for circa EUR 145 million, on behalf of its institutional clients.

EY Recruits Peter Wiman from Savills

Sweden Sweden — EY has appointed Peter Wiman from Savills, where he was Head of Research.

”We Will See a Flood of International Capital”

Nordic — As international pension funds are looking to allocate more capital towards the real estate sector a flood of capital will target the Nordics. Ingemar Rindstig, Executive Director at EY Real Estate, shares from what country he expects to rush to Nordic real estate.

Patrizia Sells Mixed-Use Property in Central Copenhagen

Denmark Denmark — Patrizia AG, the global partner for pan-European real estate investment, announces the sale of Galleri K, a prime mixed-use retail, leisure and office asset.

Allianz Real Estate and CBRE GIP Acquire Nordic Logistics Portfolio

Nordic — Allianz and CBRE Global Investment Partners (CBRE GIP) have joined forces and acquired a Nordic logistics portfolio through a Norwegian fund vehicle managed by Ness, Risan & Partners (NRP).

NCC Develops New HQ for EY in Copenhagen

Denmark Denmark — NCC Property Development and EY have signed a lease for a new headquarters of approximately 8,000 square meters in Frederiksberg, Copenhagen.

Alma Sells to Pareto Company

Sweden Sweden — Alma Property Partners has sold a portfolio comprising eight warehouse and light industrial properties in southern Sweden to Logistri, a newly established company managed by Pareto Securities. The portfolio includes a gross lettable area of 100,000 square metres. The properties are fully leased with a weighted average lease length of 15 years.

Alma Acquires Office Properties in Espoo

Finland Finland — Alma Property Partners I AB, a fund managed by Alma Property Partners, has acquired four office properties in the Keilaniemi office area in Espoo, Finland.

NREP Secures the Exit of the Largest Nordic Prime Logistics Portfolio to Date

Sweden Sweden — NREP (Nordic Real Estate Partners) has sold the largest portfolio of modern prime logistics properties in the Nordics to a consortium of four Danish pension funds.