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.

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.

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

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

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

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.

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.

Denmark — 3C Properties, a company wholly owned by 3C Groups, divested the 3C Odense Erhvervspark to Coop.

Finland — Mutual Pension Insurance Company Ilmarinen has sold the Dixi office property located in Helsinki Metropolitan Area to Patrizia.

Norway — International interest for Norwegian real estate is growing and the pan-Nordic advisory firm for property related transactions – Nordanö – now opens an office in Oslo. Nordanö is now present in all four Nordic countries.

Sweden — Vasakronan acquires the Uppsala office property Juvelen from Skanska for MSEK 563 (EUR 53M).

Sweden — Sparbössan Fastigheter, owned by Eric Douglas, acquires an office building in central Stockholm through the purchase of Skravelberget Större 13 on Nybrogatan 7 from AI Pension.

Finland — Unibail-Rodamco-Westfield has sold its 34 percent stake in the shopping centre Jumbo in Helsinki to the co-owner Elo Mutual Pension Insurance Company.

Sweden — Trianon acquires eleven properties in Malmö from Willhem. The transaction price is MSEK 900 (EUR 85M).

Finland — As the portfolio manager for the open-ended special AIF Vontobel Sustainable Real Estate Europe, Quadoro Doric has acquired the building "Diana" with apartments, offices and retail space in Helsinki. This is the AIF‘s first acquisition in Finland. The seller is the Svenska Folkskolans Vänner R.F. foundation.

Finland — Hemsö is acquiring a property portfolio with eight nursing home and health care properties in Turku, Finland, as agreed in a previously announced letter of intent. Hemsö will simultaneously invest and acquire a 34.8-per cent stake in Turku Technology Properties (TTP).

Sweden — Vonovia-owned Victoria Park acquires 2,340 flats in Stockholm and Gothenburg from Akelius for SEK 4.7 billion (EUR 456M).

Sweden — Willhem further expands its property portfolio by acquiring 265 rental apartments in Malmö. The properties are acquired by PP Pension at an agreed property value of MSEK 600 (EUR 58M).

Sweden — Invesco Real Estate has sold Skanska’s head office on Kungsholmen in Stockholm to a real estate fund managed by DWS.