Large Transaction in Stavanger

Norway Norway — Øgreid Eiendom has divested Ankerkvartalet of 28,000 square meters to Union Eiendomskapital.

Ica Fastigheter to Sell It's Entire Norwegian Portfolio

Norway Norway — Ica Fastigheter is selling Ica Eiendom Norge AS, with an underlying property value of SEK 2.2 billion (EUR 224M), to Union Real Estate Fund II, a real estate fund managed by the Norwegian firm Union Eiendomskapital.

Norwegian Brokers Believe in Good 2016

Norway Norway — 2015 broke all records on the Norwegian transaction market and properties for NOK 120 billion (€13M) were sold. The brokers believe that 2016 will be good as well, but they expect lower levels.

Union Purchases in Norway

Norway Norway — KLP Eiendom divests the logistics property Søren Bulls vei 2 to a fund managed by Union Real Estate for MNOK 195 (€21M).