Sweden — Castellum has signed a letter of intent with the Port of Gothenburg to jointly develop the Halvorsäng area into a leading Nordic logistics hub. The collaboration will be conducted in a partner company where Castellum and the port own equal parts. Castellum invests approximately SEK 1 billion in the project.

Sweden — Tritax Eurobox which invests in high-quality, prime logistics real estate strategically located across continental Europe, announces that it has agreed the acquisition of a SEK 474 million (EUR 471 million) asset in the Port of Gothenburg, Sweden.

Sweden — The real estate company Revelop, which recently closed its fifth value-add fund at SEK 2.1 billion, has acquired 17 commercial properties with a combined lettable area of 85,000 sqm for a total of SEK 850 million.

Sweden — A major development project is now being initiated, in the so-called "Johanna site", during which the block will undergo careful remodelling and new construction, while buildings of cultural and historical interest will be preserved.

Sweden — Peab has been commissioned to build a middle school and two sports halls in Lundby on Hisingen in Gothenburg. The customer is the City of Gothenburg Property Management and the contract is worth SEK 517 million.

Sweden — Skanska has acquired an entire block in Gothenburg, for about SEK 220 Million. The seller is Fastighets AB L E Lundberg. The intention is to develop modern and sustainable office space on site over time. The possibility of adding housing will also be studied in the coming zoning process.

Sweden — Barings announces that it has agreed to acquire, in an off-market transaction, a newly built Grade A logistics asset, Sörred Kubiklager, in Gothenburg, Sweden, from multinational construction and development company Skanska, for EUR 26 million on behalf of a core investment strategy.

Sweden — Magnolia Bostad is selling 180 rental apartments in the new district of Nya Hovås in Göteborg to Heimstaden Bostad. The project consists of around 11,060 sqm GFA for residential units and around 2,500 sqm GFA for retail units and a garage. The estimated property value upon completion will be around SEK 450 million.

Sweden — NCC and Liseberg amusement park have signed a contract for the construction of a new water park. The assignment is through the development company Liseberg Skår AB and the order value is approximately SEK 700 million.

Sweden — Wallenstam now has 10,000 rental apartments under management. The tenant Dennis Furlan and his family are moving into Wallenstam’s 10,000th apartment in the new production in Elisedal, Gothenburg.

Sweden — Cushman & Wakefield launches the office report Office Snapshot Sweden Q3 with the theme of sustainability as a value-adding factor. New circumstances for office work are created following the advance of the pandemic, where both cyclical economic and structural behavioral changes affect the demand for office space worldwide and to some extent also in Sweden.

Sweden — Veidekke has been commissioned by Vasakronan to perform reconstruction and expansion of Strömshuset in central Gothenburg. The collaborative design and build contract is valued at approx. SEK 185 million. The project is scheduled to be completed by February 2022.

Sweden — In collaboration with HSB Gothenburg, NCC will construct 135 tenant-owner apartments in Gothenburg. The apartments will form the HSB brf Sannaparken block and are a part of the new Fixfabiken residential area that is being developed in Majorna, western Gothenburg. The order value is approximately SEK 285 million.

Sweden — Hemfosa is to invest just over MSEK 114 in the renovation and tenant-specific modification of an existing, vacant property in central Gothenburg, Sweden. The property will be leased to SOS Alarm with a 20-year lease.