Sweden — Through one of its Swedish subsidiaries, KLP Eiendom has entered into an agreement with Sveanor JV and Hemsö Life Holding AB on the acquisition of the Princeton 1 property in Hagastaden in Stockholm.

Sweden — Hemsö has acquired a school in Kungälv and a retirement home in Mölndal.

Nordic — Hemsö increased its equity in January 2019 by SEK 1 billion through shareholder contributions from the company’s owners, the Third Swedish National Pension Fund (AP 3) and AB Sagax. Participating interests in Hemsö were not impacted by the new capital.

Finland — Hemsö is acquiring the Helsinki Court House for approximately EUR 200 million. The largest tenant is the Finnish state.

Norway — Citycon has agreed to acquire the 31% minority stakes in Storbyen and Sjøsiden shopping centres in the Oslo region and Oasen shopping centre in Bergen for an equity consideration of approximately € 31 M.

Sweden — Citycon has signed an agreement to sell the shopping centre Strömpilen in Umeå to Niam.

Sweden — Citycon and NCC take the next step with the development of the new shopping centre Mölndal Galleria. The investment project will begin its construction phase in August now that the zoning has gained legal force.

Finland — Citycon has entered into contracts to divest two properties located in Tikkurila in Vantaa and Kallhäll in Stockholm. The total sales price for the two properties is around € 14 M.