Norway — OBOS announced today that they have purchased two percent of the shares in JM AB through the group head OBOS BBL. The acquisition is a long-term financial investment where OBOS with their industrial attitude towards ownership will contribute with further development for JM.

Norway — NREP Logicenters, the leading provider and developer of modern logistics properties in the Nordics, announced on Tuesday the acquisition of its first two properties in Norway.

Norway — Veidekke Entreprenør has signed a contract with A9 Palekaia AS (50 percent Thongård AS and 50 percent HAV Eiendom AS) to build the whole of the major Diagonale project next to the Opera House in the centre of Oslo, where TV2 will be the largest tenant. This is a turnkey contract valued at approx. € 84 M.

Norway — CBRE Global Investors has acquired the iconic office building Hieronymus Heyerdahlsgate 1 in Oslo, Norway on behalf of one of its Pan European funds.

Norway — Veidekke Entreprenør is to build a major project totalling 60,000 sqm in size at Storo in Oslo, which includes a hotel, a large cineplex, retail premises, 149 apartments and a day care centre. The contract for Thon Storo ANS is a turnkey contract valued at NOK 1 billion excluding VAT (€103 M).

Norway — Aberdeen has on behalf of the Norwegian real estate fund Aberdeen Eiendomsfond Norge I purchased a retail property located on Strømsø in Drammen.

Norway — Stor-Oslo Eiendom recruits André Sommerfelt Bårdstu to manage acquisitions and analysis of new development projects as well as run the acquisition and divestment transactions.

Norway — Og Arkitekter acquires Arkitektkontoret Lund and partners to the team and wish to further strengthen their position. – We were three architect firms that have gathered under one roof, now we become four” says Og Arkitekter’s CEO Osmund Lie.

Norway — Veidekke Entreprenør has entered into a contract with Vestaksen Eiendom to build Bragernes Kvartal in the centre of Drammen. The contract includes erecting a six and seven storey building with 125 apartments and retail premises at street level. The value of the contract is €33.50 M excluding VAT.

Norway — Park Street, the European private equity real estate manager, has acquired a tactical equity stake in the Storebrand Optimér property fund, a Norwegian unlisted real estate fund managed by the asset management arm of Storebrand, the insurance and pension provider.

Norway — TV2 leaves the Oslo office at Karl Johans gate and moves to an all new space in Bjørvika.

Norway — Catella enters property investment management in Norway and mezzanine fund management in Luxembourg through an initiative in partnership with Jarle Norman-Hansen and Bjarte Solheim, both with extensive experience from the property investment markets of Norway and the Nordics.

Norway — The significant decrease in oil prices can internationally create a bubble on the real estate market. This according to CBRE that just came out with a new report on the effects of the decreasing oil prices.

Norway — Subsidiary, Amfi Eiendom AS, takes over as of Jan. 1, 2016 all shares in 50 percent owned unit, Thon Reitan AS.

Norway — Schmidt Hammer Lassen wins international competition to design a 87,000 sqm masterplan in the area of Skøyen in central Oslo. Eureka Kvarteret will become a unifying urban development icon. It will draw a new skyline and a versatile reflection of city life by combining the diversity of the existing settlement as well as creating a connection to Oslo fjord.

Norway — Braathen Eiendom purchases a modern combination property of approximately 12,000 sqm that are leased on long-term contracts.

Norway — NCC purchases a blank area at Valle Hovin in Helsfyr in Oslo to develop commercial properties encompassing approximately 60,000 sqm office area.

Norway — Skanska has signed a contract with Christiansholm Eiendom AS to build Kvartal 32 in Kristiansand, Norway. The contract includes both construction and renovation of a commercial building.

Nordic — The investments in building constructions in Denmark and Norway have decreased this year, while Finland and Sweden’s volumes are growing.

Norway — Brynseng school will be a pilot project on how to build a school that provides most of the energy needed itself, by solar panels and heat from the ground.

Norway — Norges Bank Investment Management (Norwegian Oil Fund) has acquired a 49.9 percent interest in 888 Brannan, a 445,000 square foot office property located at 888 Brannan Street in San Francisco, in joint venture with TIAA-CREF.

Norway — Veidekke Entreprenør has signed a contract with Kvartal 33 AS to build 117 flats and 2,000 sqm of commercial premises in Storgata in Lillestrøm.

Norway — JM has signed an agreement with Stor-Oslo Eiendom to acquire part of the company's property in Skårer Syd in Lørenskog north of Oslo. The transaction is worth approximately SEK 160 million (€16,87 M) with occupancy and payment planned for October 1, 2015.

Norway — Skanska has signed a contract with E.C. Dahls Eiendom AS to refurbish existing facilities and construct new buildings at Sør-Trøndelag University College in Trondheim, Norway.