Sweden — Hemfosa has signed an agreement to acquire 13 school properties, primarily in the Stockholm region, at a value of MSEK 444 (€ 47,86 M), with the exclusive option to sign an agreement in September 2016 to acquire a further two school properties at a value of MSEK 320 (€ 34,50 M).

Sweden — According to Fastighetsägarna’s latest economic forecast the growth will end up on three percent, at best, this year and next year it looks like the number will decrease further.

Nordic — RM Estate launches a new business area which focuses on hospitality and tourism real estate. Meeting the real estate growing interest in projects in the travel and tourism industry has motivated RM Estate to expand its service offerings to that industry. “We will work with the entire Nordic market, says Jan Lundin, CEO of RM Estate Sweden AB.

Sweden — During the first three months of 2016 Sweden witnessed a record SEK 35bn (€3.8bn) of investment into commercial real estate. According to international real estate advisor Savills, this investment volume is 39 percent up on Q1 2015 and 11percent higher than the previous Q1 record in 2007, an all time high for a first quarter period.

Sweden — The residential property company D. Carnegie & Co AB has entered into an agreement to acquire a property portfolio in Eskilstuna. The sellers are Prubor Förvaltning AB. The agreed underlying property value is SEK 115,5 million (€12,45 M).

Sweden — Sveafastigheter’s and the Third National Swedish Pension Fund’s (”AP3”) common property company Fastighets AB Regio has acquired Baronen Retail Centre in Kalmar from CBRE Global Investors. Handover was completed on 6 April 2016. Thus, Regio has completed acquisitions for a property value totalling SEK 2.7 billion (€260 M) since September 2015.

Sweden — The residential property company D. Carnegie & Co AB has entered into an agreement to acquire a property portfolio in Katrineholm. The sellers are Fastighets AB L E Lundberg and Byggnads AB Karlsson & Wingesjö.

Sweden — Corem Property Group purchases 21 properties from Estancia Logistik at a total value of €143 M (MSEK 1,315).

Sweden — Akelius changed strategy means that 4,300 Western Swedish apartments are for sale.

Sweden — Wihlborgs has awarded Veidekke the contract to build the Sirius office building in the Nyhamn development area in Malmö. All of Wihlborgs' properties are given environmental certification, and Sirius will have the highest classification, which is Miljöbyggnad Gold. The project is a collaborative contract valued nearly €20 M (SEK 180 million).

Sweden — Rikshem’s chairman Mats Mared leaves the company’s board of directors. This was announced on Thursday afternoon in a press release. Meanwhile Rikshem’s owners are in agreement over the fact that Jan-Erik Höjvall is not the right person to lead Rikshem in the future.

Sweden — The Port of Gothenburg is set to expand with the construction of a new terminal at the outer port area. It is the largest expansion project at the port since the 1970s. The terminal will be built using dredging spoils and is expected to be completed at some point after 2020.

Sweden — Balder and AP3’s joint company in property development has started a cooperation with Bygg-Fast.

Sweden — Sveafastigheter sells a property portfolio, embracing the main part of the remaining assets in Sveafastigheter Fund III. The property value of the portfolio amounts to EUR 450 million. The portfolio acquires by Partners Group, via a secondary transaction on behalf of its clients.

Sweden — The project has been reviewed after the mall was opened on 12 November 2015 and thereafter written-down by SEK 800 million (€84 M). The Write-down does not affect dividend capacity in 2015. The Mall of Scandinavia in Solna is Peab’s largest project ever.

Sweden — Regio, founded by Sveafastigheter and AP3 during 2015, purchases a portfolio of 38,000 sqm retail and office properties in Uppsala and Södertälje. The seller is Aberdeen Fastighetsfond Sverige.

Sweden — Klövern acquires the site leasehold to the property Orgelpipan 4 from Axfast. The acquisition is Klövern's first in the central part of Stockholm and comprises a development property which is intended to be developed into a modern office- and retail property. The purchase price is SEK 340 million (€36,53 M).

Sweden — The Swedish pension company AMF is buying the office property Fatburen on Södermalm in Stockholm from Aareal Bank for SEK 3,06 billion (€323 M). The building includes a total of 46 000 sqm.

Sweden — NCC is selling the Torsplan 2 office property in Hagastaden, Stockholm, and is simultaneously signing a contract to acquire an office property in Solna Business Park. The counterparty in the transaction is Fastighets AB Brostaden. The sale of Torsplan 2 will be carried out in the form of a company transaction at a value of approximately SEK 1.6 billion (€170 M).

Sweden — Kungsleden divests its remaining share of Nordic Modular Group, corresponding to 34.5 percent of the shares in the company, to Inter Ikea Investments. The price relates to a valuation of the company at SEK 1.45 billion (€ 160 M). The transaction allows Kungsleden to free net liquidity of SEK 330 million (€ 35,73 M).

Sweden — Carl Bildt, Sweden’s Minister for Foreign Affairs between 2006 and 2014, joins the board of the real estate company Fastator, listed on First North in Stockholm. The election of Bildt is proposed to take place during an extra general meeting on December 14.

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

Finland — The company Redito has made further real estate investments this year, in both Sweden and Finland. To strengthen the organization Emil Natanaelsson and Daniel Tabermann were hired as asset managers.

Sweden — The gap between prime and secondary property yields in Sweden is set to fall by around 25bp this year as investor demand for secondary product grows, says realtor Savills. Prime yields may fall below 4% for the first time since the 1980s.