Balder to acquire three-property package from Fabege

Fabege has divested the following properties: Skeppshandeln 1 in Hammarby Sjöstad, Murmästaren 7 on Kungsholmen and Fiskaren Större 3 on Södermalm. The buyer is Fastighets AB Balder. The divestment will take the form of the sale of... more...

Tuesday, 21. May 2013

Steady income from real estate investments

Despite the economic stagnation in Europe, funding for real estate investments is working relatively well in Finland. Speakers at the Sponda Capital Markets Day pointed out that there's a demand for properties amongst investors and banks... more...

Friday, 17. May 2013

New landmark taking shape in Arenastaden

Fabege is building a new office building in the Stockholm City. The building is called Scandinavian Office Building and will offer a multifaceted service concept to facilitate office life for professionals. Construction on the project is... more...

Monday, 13. May 2013

Kungsleden lets 3,900 sq.m. to F&S in Eskilstuna

Kungsleden AB has signed a 15-year lease contract with fitness club Friskis & Svettis on a total contract value of approximately SEK 60 m. more...

Friday, 3. May 2013

NCC to exercise mandate to buy back shares

The Board of Directors of NCC AB confirms its decision to exercise the mandate for the buyback of shares that it received from the Annual General Meeting on April 9, 2013. In order to cover commitments under LTI 2013 (long-term... more...

Friday, 3. May 2013

Gotland’s biggest hotel becomes a Scandic

On 14 June Gotland’s biggest hotel – Visby HamnHotell – will become Scandic’s first hotel on the popular Swedish island. The comprehensive refurbishment and extension of the hotel has been completed and it is now time for a name... more...

Thursday, 2. May 2013

ISS Sweden appoints Lars Nygaard as new country manager

ISS Sweden has appointed Lars Nygaard as new country manager, who joins ISS Sweden from easyJet in UK. He is a experienced Nordic executive with more than 20 years of senior management and commercial experience from leading Nordic and... more...

Monday, 22. April 2013

Anders Kvist, Kungsleden, Interim Chief Executive - Photo: Anders Kvist, Kungsleden, Interim Chief Executive

Anders Kvist becomes Kungsleden's Interim Chief Executive

The Board of Directors of Kungsleden AB has appointed Anders Kvist, Deputy Chief Executive/Chief Financial Officer, as Interim Chief Executive, effective 19 April, coincident with... more...

Tuesday, 16. April 2013

Skanska resolves the repurchase of shares

At the Board meeting on April 11, 2013, the Board resolved to exercise the Annual Shareholders' Meeting's authorization concerning the repurchase of shares on the following terms: on one or several occasions, but no longer than the... more...

Friday, 12. April 2013

NCC to build housing units in Copenhagen

NCC has been commissioned to construct housing units and a parking garage at the Port of Copenhagen. The customer is Marmormolen P/S and the contract amount is SEK 379 million. The order will be registered in the second quarter of 2013.... more...

Monday, 8. April 2013

Fabege divests property in Ulvsunda

Fabege has divested the Masugnen 7 property in Ulvsunda, Stockholm. The buyer is JM. The divestment will be made in companies with an underlying property value of SEK 200m. Masugnen 7 currently comprises 11,000 sqm of commercial floor... more...

Wednesday, 27. March 2013

Skanska renovate IsoKristiina Shopping Center for about SEK 754m

Skanska has signed a contract for the construction and renovation of IsoKristiina Shopping Center, located in Lappeenranta. The value of the contract is €88m, about SEK 754m. The investors in the project are Citycon and Ilmarinen,... more...

Monday, 25. March 2013

Peab changes CEO

Jesper Göransson takes office with immediate effect as acting CEO of Peab. He succeeds Jan Johansson. The search process for a new permanent CEO will now commence by the Board. more...

Monday, 25. March 2013

LaSalle’s Euro Growth II Fund sells Swedish office

LaSalle Investment Management has sold a high quality office building in the Swedish IT centre of Kista to Nordika Fastigheter AB (Nordika) on behalf of its LaSalle Euro Growth II Fund. more...

Friday, 22. March 2013

Nordic real estate posts stable returns

The IPD Nordic Annual Property Index, released yesterday, showed that Nordic commercial property delivered a total return of 5.6% for 2012, compared with 8.2% for 2011. more...

Thursday, 21. March 2013

Peab rebuilds offices to apartments in Stockholm

Peab subsidiary Kungsfiskaren has been contracted to build an office building into apartments at Gärdet in Stockholm. The client is Aros Djurgarden Gärdet Economic association and the contract amounts to approximately SEK 150 million.... more...

Wednesday, 13. March 2013

Vencom sells InfraCity to Profi

Vencom Property Partners is handing over the responsibilities for InfraCity to Profi as a consequence of the sale of the asset, after developing and managing InfraCity for seven years as the operating partner of Orion European 2... more...

Wednesday, 13. March 2013

MGPA secures a major lease with la Rinascente at Iilum department store

MGPA, on behalf of MGPA Europe Fund III, and two institutional investors, has negotiated a lease with the leading Italian department store operator la Rinascente for the entire property including the Illum department store. Following its... more...

Wednesday, 13. March 2013

Most Popular In Europe