By & Havn sells Enghave Brygge

Denmark Denmark — By & Havn has just decided the tender for the development of Enghave Brygge. It was AP Ejendomme took home the victory, on the basis of a beautiful architectural proposal and great sustainability ambitions, which will complete the development of the harbor stretch at Copenhagen's South Harbor. The sale of Enghave Brygge is the largest single sale in By & Havn's history.

Cobbleyard divests in Vantaa

Finland Finland — Cobbleyard Real Estate divests a 6,400 sqm last-mile warehouse property in Vantaa, in the Helsinki Metropolitan Area.

Nrep acquires community property portfolio

Sweden Sweden — Nrep's community property arm, Altura, has signed an agreement with Besqab to acquire a community property portfolio at an underlying property value of a total of SEK 770 million. The deal includes three nursing homes, a preschool and tenements with a total lettable area of 15,200 square meters. The acquisition takes place via the Nordics' largest Core-plus fund Nrep Income+, which last year completed a successful third closing with approximately SEK 3.1 billion in added capital intended to take advantage of new investment opportunities.

John Mattson sells property in central Stockholm

Sweden Sweden — John Mattson has signed an agreement for the sale of the Klassrummet 1 property in central Stockholm. The price is based on an underlying property value of SEK 127.5 million (EUR 11.6 million) before deduction for latent tax. The buyer is Bonnier Fastigheter AB.

German Quantum acquires first property in Copenhagen

Denmark Denmark — Quantum sets a strategic signal and expands successfully to the Danish residential market. The subject of the first transaction is a state of the art building in Copenhagen. In this line, a new office with local expertise is opening.

NREP acquires EUR 420 million Swedish care home portfolio

Sweden Sweden — NREP has announced that its NREP NSF V Fund has completed the acquisition of a portfolio of 22 properties for approximately EUR 420 million across Sweden, for management by its social infrastructure platform Altura. The portfolio was acquired from Vectura and is comprised of 20 care homes and two pre-schools, and the deal represents Sweden’s largest ever transaction in this asset class.

Major Breakthrough in One of Denmark's Largest City Developments Ever

Denmark Denmark — DSB Ejendomsudvikling, Novo Holdings, Industriens Pension and NREP have entered into a conditional joint venture agreement, which means that the entire area of Jernbanebyen is expected to be consolidated in common ownership once a local plan for the area has been adopted. The advisor Nordanö’s Jacob Kjær tells Nordic Property News about what is to expect, going forward.

Partner Leaves Nordanö

Finland Finland — Exits the company to take a break from the industry.

Niam Buys from Slättö

Sweden Sweden — Niam has acquired 318 apartments in central Uppsala from Slättö.

Genesta Sells Office Property in Helsinki to NREP

Finland Finland — Genesta sells the historic office property Bulevardi 21 in Kamppi on behalf of its fund, GNRE Fund II, to NREP. The approximately 10,100 square meter building was acquired in December 2015 and the property has since undergone extensive refurbishment.

Slättö Enters Finland – Acquires Omni-Channel Property in Helsinki

Finland Finland — Evolv, Slättö’s specialised logistics platform, establishes presence in Finland through the acquisition of the company’s first asset outside of Sweden.

"Continued Great Interest for Offices in Good Locations"

Norway Norway — Nordanö's Head of Norway, Christian Bernau, on the Høvik Park divestment, the market and Nordanö's growth plans in Norway.

“A Structured Sales Process with Elevated Competition”

Denmark Denmark — Mathias Erbo Kryspin, Partner at Nordanö in Denmark, on the background of the deal between the US giants Franklin Templeton and Angelo Gordon, the expectations on a strong finish of the transaction year in Denmark, and how common single asset deals between two global investors is.

Franklin Templeton Acquires from Angelo Gordon

Denmark Denmark — Angelo Gordon announced the sale of a student housing property located at Finsensvej 84, 2000 in Frederiksberg to a fund managed by Franklin Templeton.

The Booming Transaction Market: “The Foreign Investors Are Dominant”

Denmark Denmark — Jacob Kjær, Partner and Head of Denmark at Nordanö, on the challenges for Danish property investors during the uncertain period, and what segments that attracts the real estate investors the most.

Castellum Sells Portfolio to Oscar Properties

Sweden Sweden — Castellum sells a property portfolio to Oscar Properties for approximately SEK 1.7 billion.

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.

Holmströmgruppen and Areim Make Offer for Magnolia

Sweden Sweden — Holmströmgruppen and Areim place a bid of SEK 76 per share in Magnolia Bostad. The share closed on Tuesday at SEK 57.40.

Areim and Blackstone Divest Office Asset in Stockholm

Sweden Sweden — Areim and real estate funds managed by Blackstone have divested the property Lysbomben 5 to Axfast AB, a Swedish family-owned property company. The property is a 16,000 sqm office asset, located on Kungsholmen in central Stockholm.

The Sole Financial Adviser: “A Quite Unique Project”

Denmark Denmark — Jacob Kjær, Partner and Head of Denmark at real estate adviser Nordanö: “It will be the last large city district to be developed in Copenhagen in years to come.”

Bygningsstyrelsen Acquires Large Office Building in Ballerup

Denmark Denmark — City Property Holding, a Danish family office, has divested a larger office property in Ballerup to Bygningsstyrelsen (Danish Building and Property Agency).

Team Cobe to Design Copenhagen’s New Green City District

Denmark Denmark — DSB Ejendomsudvikling owns a plot size of approx. 287,500 square meters attractively located in Vesterbro, Copenhagen, which is the main part of Jernbanebyen. Together with Freja ejendomme, the parts have now picked Team Cobe to draw the giant project.

Intea Acquires University Buildings in Malmö and Kristianstad

Sweden Sweden — Akademiska Hus has signed an agreement with Intea Fastigheter on the sale of property holdings in Kristianstad and the Niagara building in Malmö. The sale took place based on an underlying property value of about SEK 1.6 billion.

Danica Pension and DSB Ejendomsudvikling in Joint Venture in Copenhagen Project

Denmark Denmark — A joint venture between Danica Pension and DSB Ejendomme has been established, for the development of a plot to be part of Postbyen. The development area is located next to the new Danske Bank headquarter on Carsten Nieburhs Gade at Kalvebod Brygge.

Atrium Ljungberg Buys Two Historic Properties in Uppsala

Sweden Sweden — Atrium Ljungberg has signed agreements to acquire two properties in the centre of Uppsala: Uppsala Kvarngärdet 33:2, also known as Mejeriet (the Dairy), and parts of Uppsala Kungsängen 22:2. Together these properties comprise almost 12,000 sq m and were acquired for a total of SEK 234 million.