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.

Still a Great Appetite for Residential Investments

Denmark Denmark — Jacob Kjær, Partner and Head of Denmark at real estate adviser Nordanö: “We will see larger residential deals being announced in Q1 2021.”

NREP Makes Blockbuster Residential Sale in Aarhus and Copenhagen

Denmark Denmark — NREP has divested a significant residential portfolio to Velliv and Industriens Pension. The transaction is the largest Danish residential transaction in 2020.

Keva Sells Logistics Properties in HMA

Finland Finland — Pension insurance company Keva has sold two logistics properties in the Helsinki metropolitan area to an unnamed buyer.

Global Investor Makes Another Danish Acquisition

Denmark Denmark — Foreign property company to develop 5,400 square meters of office space in the Danish capital.

Niam Acquires Residential in Östersund

Sweden Sweden — Niam acquires a large residential portfolio in Östersund from Rikshem.

Despite the Crisis – the Global Interest for the Nordics Remains

Nordic — Sven Dahlin, Partner at the property adviser Nordanö: ”There is a large interest from Korean Investors.”

Capman Sells Office Property in Stockholm to Fabege

Sweden Sweden — Fabege has acquired Påsen 1 in Hammarby Sjöstad from Capman Nordic Real Estate. It has a lettable area of about 10,000 square meters.

Genesta Sells Juvanmalmi Logistics Centre in the Helsinki Metropolitan Area

Finland Finland — Genesta sells Juvanmalmi Logistics Centre located in Espoo on behalf of its fund, GNRE Fund II. The 60,900 square meter logistic center was acquired in February 2018 and has since been upgraded with e.g. solar panels and LED lights. The fully leased property was awarded with BREEAM In-Use Good certification in 2020.