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ARTICLES TAGGED WITH "Stockholm"

AMF Fastigheter's Goals for its First Joint Venture

Sweden — The biggest acquisition of the year in Sweden is underway. This time it is the pension administrators AMF and Swedish pension giant AP7 who join forces in a joint deal for one of the country's most attractive locations, with a price tag of 7.4 billion SEK. "For us, it was important to continue to be the majority owner," says AMF Fastigheter's CEO Tomas Erséus to Nordic Property News.

Atrium Ljungberg Signs Lease Contract in Hagastaden

Sweden — Atrium Ljungberg has signed a lease contract with MTR Nordic, which is moving its office to Mineralvattenfabriken in Hagastaden. The contract comprises more than 2,500 sqm in this historical building.

Nordic Hotel Consulting Strengthens Stockholm Team

Sweden — NHC will expand its Stockholm and Sweden presence with the engagement of Marcus Josefsson and Felix Jondal who join David Bergling as directors of Sweden.

The Resilience on the Swedish Office Market – Compared to the Rest of Europe

Sweden — The office market is estimated to continue struggling with even higher yields, a decreased rental growth prospect and increased vacancies, according to Cushman & Wakefield's latest Office Snapshot. Anders Elvinsson, Head of Valuation & Strategic Advisory, on the outcome of the report.

Peab Builds New Ice Skating Rink South of Stockholm

Sweden — Peab has been commissioned to build a new ice skating rink, Mälarhöjdens IP, in Fruängen south of Stockholm. The customer is the real estate department of the city of Stockholm and the contract is worth SEK 114 million.

Pandox Acquires Stockholm Hotel for SEK 400 Million

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