Major office property transaction in Stockholm – Folksam's KPA Pension buys from AMF Fastigheter

Sweden Sweden — KPA Pension, which is part of the Folksamgruppen, has acquired the Mentorn 1 property in central Stockholm for SEK 3 billion (EUR 259 million), which makes it this year's largest deal so far on the Swedish market. The property has an attractive location close to Central Station and the seller is AMF Fastigheter.

Folksam signs new lease in central Stockholm

Sweden Sweden — Folksam Fastigheter has signed a new lease agreement with Relex Solutions for 1,107 square meters of office space in the property Duvan 6 in central Stockholm, and occupancy will take place in February 2025. The property Duvan 6 is located at Klara Södra Kyrkogata 1, near Central Station and is owned by KPA Pension, which is part of Folksamgruppen.

Folksam acquires in central Stockholm

Sweden Sweden — Folksam acquires the property Styckjunkaren 4 in central Stockholm from SEB Trygg Liv. The property has a very attractive location on Birger Jarlsgatan 8 with proximity to Norrmalmstorg and Stureplan.

Folksam acquires office property in central Stockholm

Sweden Sweden — Folksam, through KPA Pension, acquires the property Brädstapeln 13 in central Stockholm from Europa.

Corem divests Stockholm office building to Folksam

Sweden Sweden — Corem divests the property Orgelpipan 4 in central Stockholm for SEK 570 million (EUR 48.8 million) to Folksam.

Folksam appoints new Property Director

Sweden Sweden — Folksamgruppen strengthens the property division with Jonas Bjuggren as new property director. He tells Nordic Property News about what attracted him to Folksam, how he views his new position, how he views Folksam's property operations and portfolio, and gives his view of the challenges in the property market.

Folksam Makes Large Acquisition in Central Stockholm

Sweden Sweden — Folksam Sak acquires the property Rotundan 1 on Östermalm in central Stockholm from Zürich Insurance for SEK 565.5 million. The leasable area is around 4,100 square meters and access will take place in the spring of 2023.

Folksam Signs New Lease with Schibsted Group

Sweden Sweden — Folksam Fastigheter has renegotiated and extended the lease agreement with the Schibsted Group in Kungsbrohuset in central Stockholm. The new lease agreement is valid until 31 December 2033 and covers a total of just over 16,000 square meters.

Invesco Makes Big Divestment in Stockholm

Sweden Sweden — Invesco sells office property for SEK 2,300 million.

Brunswick Launches Third Debt Fund with Investment Commitments of EUR 1.2 billion

Nordic — Brunswick Real Estate has launched its third senior debt fund Brunswick Real Estate Capital III (BREC III) with SEK 12 billion (EUR 1.2 billion) in secured commitments from investors. Among the investors are some of the largest Nordic institutional investors, including investors in Brunswick’s previous funds. The new fund will focus on lending to commercial property with clear sustainability goals.

Folksam Acquires for SEK 1.5 billion from Skanska

Sweden Sweden — Skanska has sold a portfolio of five multifamily projects in Skåne, Sweden, for a total of approximately SEK 1.5 billion. The investor is KPA Pension, part of Folksamgruppen.

Skanska Sells Retirement Home in Helsingborg to Folksam

Sweden Sweden — Skanska has sold a retirement home consisting of 60 apartments in the neighbourhood Gåsen in Helsingborg, Sweden for about MSEK 202, to Folksam.

EUR 400M Blockbuster Transaction in Central Stockholm

Sweden Sweden — Areim sells a Stockholm landmark, the property Brädstapeln 16 by Barnhusbron, to KPA Pension, an affiliate of the Folksam Group, for SEK 4.3 billion (EUR 401M).

KPA Pension Acquires for EUR 150M

Sweden Sweden — Fabege sells the office property Pelaren 1 in Stockholm to KPA Pension for SEK 1.6 billion (EUR 150M).

"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 Open to More Slussen Acquisitions

Sweden Sweden — Atrium Ljungberg keeps investing in the Slussen, Södermalm, in central Stockholm. With the major acquisition from Folksam in the books Atrium Ljungberg keeps their eye open for more possibilities. Monica Fallenius, Business Area Director, Transactions and Leasing, Atrium Ljungberg, tells Nordic Property News of the strengthend position in the Södermalm area and the possibility of future acquisitions.

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).

The Largest Swedish Residential Transactions

Sweden Sweden — Nordic Property News completes the breakdown of Swedish residential buyers and sellers with a list of the ten largest residential transactions in 2017/2018.

Folksam Sees Great Potential in Gothenburg

Sweden Sweden — After a major deal with Stena Fastigheter, Folksam is starting to pick up speed in Gothenburg. Lars Johnsson, Manager of Folksam Group's real estate division, tells Nordic Property News of the company's future plans for Gothenburg, the city’s attraction and why they look for off market deals.

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.

Skanska Sells to Folksam in Malmö

Sweden Sweden — Skanska has signed an agreement with Folksam on the transfer of the office at Malmö Live, Sweden, for SEK 580 M (€62,52 M).

Skanska in Strategic Cooperation with Folksam

Sweden Sweden — Skanska Hyresbostäder begins a strategic cooperation with Folksam in regards to the divestment of newly produced housing properties. The cooperation encompasses a number of development projects that give Folksam the opportunity to exclusively acquire almost 600 apartments at a value of approximately SEK 1.3 billion (€140M).