ARTICLES TAGGED WITH "Stockholm"

Pandox Acquires Stockholm Hotel for SEK 400 Million

Sweden Sweden — Pandox has acquired and gained access to Best Western Hotel Fridhemsplan in central Stockholm. The hotel property has 221 rooms and is operated under a fixed lease with a private operator.

NCC and Aros Bostad Create Residential Units in Stockholm

Sweden Sweden — NCC has been commissioned by Aros Bostad to build 213 rental apartments in Järva Krog adjacent to NCC’s head office in Stockholm. The project is a turnkey contract in partnering form with an order value of approximately SEK 400 million.

Heba Signs LOI to Buy Minus Emissions in Stockholm Exergi's Future Bio-CCS Facility

Sweden Sweden — Heba is the first to sign a letter of intent with Stockholm Exergi to purchase negative emissions from the company's future bio-CCS plant. The purchase of negative emissions also contributes to the financing of the plant, which is planned to be in operation in 2026.

Prestigious Skanska Development Gets Decreased

Sweden Sweden — In 2021, Skanska got its hands on one of the last large urban development areas in the middle of central Stockholm – the block for St. Erik's eye hospital. The company bought the area from Region Stockholm and will pay SEK 1.5 billion when the detailed plan gains legal force, which is expected to happen in 2023. The detailed plan is now in its final stages and Nordic Property News can tell you more about the design and the scale of the area's transformation.

K2A and Granitor Allocated Land in Stockholm

Sweden Sweden — K2A Knaust & Andersson Fastigheter and Granitor Properties have been individually allocated land in Rågsved in south Stockholm, for approximately 250 apartments in total. Construction will commence in 2026-2027 at the earliest, and the first occupancy is planned for 2030.

John Mattson Divests Properties in Stockholm

Sweden Sweden — John Mattson has signed an agreement for the sale of the Barkassen 1 and Galeasen 2 properties in Lidingö, Stockholm. The price is based on a property value of SEK 262 million. The purchaser is Jan Fredegård, owner of Fastighets AB Senator.

Corem Divests Stockholm Property

Sweden Sweden — Corem has signed a contract to divest the site leasehold to the property Stockholm Konsumenten 3 for an underlying property value of SEK 125 million.

Prologis Strengthens Presence in Stockholm – Recruits Capital Deployment Manager

Sweden Sweden — Logistics real estate company Prologis continues to grow its Sockholm office by increasing its presence in the logistics market of Stockholm and Mälardalen.

Atrium Ljungberg Signs Several Development Agreements

Sweden Sweden — Atrium Ljungberg has signed five development agreements with the City of Stockholm. These agreements are for two tenant-owned dwellings that have a total of approximately 440 apartments (37 000 sqm GFA) divided over four stages.

Aros Bostad Acquires Company to Strengthens Presence in Attractive Area

Sweden Sweden — Aros Bostad has acquired the company LS Slakthusgränd AB from LaTERRE Ventures AB and Stackelberg Holding AB. The company acquisition is part of the strategy to continuously acquire more attractive project opportunities for Aros Bostad's building rights portfolio.

Catena Divests Stockholm Property

Sweden Sweden — Catena has signed an agreement to sell the property Vanda 1 in Kista, Stockholm, via a corporate transaction at an underlying property value of SEK 460 million before deduction of deferred taxes. The purchase price for the shares amounts to SEK 345 million.

Wallenstam Acquires Stockholm Project from Ikano Bostad – and Makes Swap Deal

Sweden Sweden — Wallenstam is acquiring a project close to the city in Stockholm from Ikano Bostad. The project has a completed zoning plan and the planned production start is already in 2023.

Atrium Ljungberg Acquires Stockholm Property for SEK 2.3 Billion

Sweden Sweden — Atrium Ljungberg has signed an agreement to acquire the Blästern 15 property in Hagastaden, Stockholm. The building comprises 21,300 sqm and was acquired at an underlying property value of SEK 2,345 million.

The Major Challenges on the Swedish Transaction Market

Sweden Sweden — Mikael Söderlundh, Head of Research at Pangea Property Partners, on the Swedish property market: “We expect a high transaction volume in Sweden 2022, but…”

Atrium Ljungberg Signs Lease with Sisab

Sweden Sweden — Atrium Ljungberg has signed a lease contract with Sisab, Skolfastigheter i Stockholm AB, for an upper-secondary school in Slakthusområdet. The school, which is planned to open ahead of the start of the school year in 2026, will house some 800 students and comprise just over 6,000 square metres of letting area.

NCC Gets Residential Assignment in Stockholm Area

Sweden Sweden — NCC has been commissioned by Stockholmshem to construct 91 rental apartments in Västertorp, in south Stockholm. The project is a turnkey contract in partnering form with an order value of approximately SEK 180 million.

Citycon Acquires Residential Asset and Divests Shopping Centres

Nordic — Citycon has signed a forward commitment agreement with Botrygg to acquire a newly developed residential asset in Stockholm for approximately EUR 69.5 million. The company has also signed an agreement to opportunistically sell two non-core shopping centres in Norway for approximately EUR 145.4 million.

Areim Acquires Office Building in Stockholm from Capman

Sweden Sweden — Capman Nordic Real Estate II Fund has sold two adjacent properties, Lybeck 2 and Ladugårdsgärdet 1:51, with a total leasable area of over 29,000 sqm in Södra Värtan, Stockholm, to Nordic fund manager Areim.

Verdion’s Global CEO: “We Are Interested in a Range of Opportunities in the Nordics”

Nordic — The global CEO of Verdion Michael Hughes tells Nordic Property News about the collaboration with Tritax EuroBox, the attractive logistics area in Sweden, and future investment targets on the Nordic logistics market.

Corem Signs Four Lease Contracts in Stockholm

Sweden Sweden — Corem has signed four lease contracts with a total annual contract value of SEK 38 million.

KPA Pension Acquires Three Stockholm Properties for SEK 2.14 Billion

Sweden Sweden — AMF Fastigheter sells three properties in the city of Stockholm of just over 14,000 square meters to KPA Pension, part of the Folksam Group, for approximately SEK 2,140 million.

Niam Acquires Two Commuter Hubs from Grosvenor Europe

Sweden Sweden — Niam has acquired two additional commuter hubs in Sweden from Grosvenor Europe. The newly acquired portfolio includes Väsby Centrum and Bålsta Centrum, both with strategic locations close to important commuter hubs in northern Stockholm.

SBB Buys Schools in Stockholm for SEK 1.46 Billion

Sweden Sweden — SBB acquires seven school properties in Stockholm with a total lettable area of ​​39,400 square meters from the municipal company SISAB. The total rental income amounts to SEK 59 million, 90 per cent of the revenues are generated from primary schools and ten per cent from preschools. SBB will offer existing tenants lease extensions of ten years.

NCC to Build Apartments for Slättö in Stockholm Area

Sweden Sweden — NCC has been commissioned by fund manger Slättö to construct 584 rental apartments in Bromsten in the northwest of Stockholm.

The Pandemic Effects: Major Uncertainty in the Swedish Office Market

Sweden Sweden — Peter Wiman at EY on the current office trends in Stockholm; how urbanization will continue, the decreased investment volume from global investors, and how the vacancy rates in the most attractive areas have developed lately.