Blackstone Acquires Office Property in Stockholm

Sweden Sweden — Blackstone acquires a 12,300 sqm office property in Södermalm, Stockholm, from Angelo Gordon and Scius.

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.

Genesta Acquires in Central Stockholm

Sweden Sweden — Genesta enters into an agreement to acquire the office property Repslagaren 34 on behalf of its fund GNRE Fund III from Klara Norra Fastigheter.

Alma Raises Over EUR 250M of Equity for Fund II

Nordic — Alma Property Partners has raised €255 million of equity capital for Alma Property Partners II, the firm’s second pan-Nordic opportunistic real estate fund, exceeding the target of EUR 250 million. Alma’s second real estate fund focuses on commercial and residential property investments in Sweden, Finland, Denmark and Norway. The investors are mainly institutions from Sweden, Germany, Belgium and the United Kingdom. The fund has an investment capacity of more than EUR 600 million.

EQ Acquires the Dixi Shopping Centre

Finland Finland — NREP has sold the Dixi shopping center to Special Investment Fund EQ Finnish Real Estate (AIF) for approximately EUR 66M.

Blackstone Acquires in Stockholm

Sweden Sweden — Blackstone and Scius Partners acquire Skjutsgossen 12 on Södermalm, Stockholm from AFA.

Nordika New Main Owner in Amasten

Sweden Sweden — After previously only being presented as an anonymous 'strong real estate player', Amasten now announces that it is Nordika that transfers the company MSEK 175 in equity through a directed new share issue.

Genesta Acquires from Skanska

Sweden Sweden — Skanska has sold the logistics property Norra Hamnen Kubiklager in Malmö, Sweden, for MSEK 285 (EUR 27M). The buyer is a fund managed by Genesta Property Nordic.

Arctic Acquires Logistics

Nordic — Ängsö Logistik, a real estate company established by Arctic Securities AS, has acquired a portfolio of three logistics properties in Borås, Örebro and Vansbro from Logistic Contractor. The properties are under construction by Logistic Contractor with planned completion in 2019.

Barings Make EUR 100M Acquisition in Stockholm

Sweden Sweden — Barings Real Estate acquires the office building Fleming 7 in Stockholm CBD from Menugs as part of its pan European core investment strategy on behalf of institutional investors for over EUR 100M.

CBRE Sells in Helsinki

Finland Finland — CBRE Global Investors has successfully completed the sale of the inner-city block Kluuvi to AXA IM - Real Assets, acting on behalf of one of its clients.

Genesta Acquires in Stockholm

Sweden Sweden — Genesta has, on behalf of Genesta Nordic Real Estate Fund II, acquired Arninge Centrum from Unibail-Rodamco.

Triuva Acquires Office Building in Stockholm

Sweden Sweden — Pan-European institutional real estate investment manager Triuva has acquired a 6,700 sqm office building, Lammet 17, in central Stockholm from Slussgården, a subsidiary of SKL Fastigheter and Service AB.

Trevian Continues to Sell Care Properties

Finland Finland — Trevian Care II Ky, a real estate equity fund managed by Trevian Asset Management Oy, has sold a portfolio comprising of 11 care property assets to a fund managed by AXA Investment Managers – Real Assets.

Hansainvest Acquires Office Building in Helsinki

Finland Finland — Hansainvest Hanseatische Investment-GmbH has acquired an office building under construction in Helsinki for one of its special funds. The property at Ilmalantori 3 will measure around 11,600 square meters in total once completed; the purchase price is about EUR 50 million.

Triuva Sells to Skandia in Helsingborg

Sweden Sweden — Triuva Kapitalverwaltungsgesellschaft (former IVG Institutional Funds) has divested a prime retail property in Helsingborg, Sweden to Skandia Fastigheter.

NREP Secures the Exit of the Largest Nordic Prime Logistics Portfolio to Date

Sweden Sweden — NREP (Nordic Real Estate Partners) has sold the largest portfolio of modern prime logistics properties in the Nordics to a consortium of four Danish pension funds.

German Fund Acquires EY Finland´s Head Quarters

Finland Finland — The open-ended real estate fund Uni Immo, managed by the German real estate investment company Union Investment has acquired an office building in Helsinki´s CBD from the Finnish pension insurance company Etera.

Axa divests to Sirius in Finland

Finland Finland — Axa Real Estate announces that it has completed, on behalf of one of its funds, the sale of a retail portfolio in Finland to Sirius Capital Partners for approximately €25M.