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Nrep has acquired Comfort Hotel Karl Johan, a 260-room hotel in the heart of Oslo, from CBRE Investment Management. Featuring a bar in the backyard terrace and fitness room, the hotel is centrally located within a 2-minute walk from Oslo Central Station and is surrounded by many of the city's best shops and restaurants.
Norwegian Property’s subsidiary, NPRO Holding AS, has taken over all shares in ML 33 Holding II AS as of 18 March 2024, which indirectly owns the shares in the company that owns the property Martin Linges vei 33 at Fornebu. The shares have been taken over for NOK 1. NPRO Holding is 100% holder of junior bond loan extended to ...
Skanska has signed a contract with WS Computing AS for preparatory groundwork for a new data center facility at Gromstul in Skien municipality. The contract is worth NOK 1.1 billion, about SEK 1.1 billion, which will be included in the Nordic order bookings for the first quarter 2024. The contract consists of preparatory grou...
Skanska has signed a contract with Lindesnes municipality in the south of Norway to build a health and care center. The contract is worth NOK 822M, about SEK 820M, which will be included in the Nordic order bookings for the first quarter of 2024.
Skanska has signed a contract with DNB Livsforsikring AS through their subsidiary Trondheim Torg AS for the renovation and expansion of their existing commercial office building in Trondheim. The contract is worth NOK 673m, about SEK 660m, which will be included in the Nordic order bookings for the first quarter of 2024.
The Nordic countries—primarily Sweden, Norway, and Finland—offer cold winters and reliable snowfall. The Nordic region boasts over 500 ski resorts, representing approximately 8% of all global ski resorts. These resorts have thrived, providing excellent conditions and a lack of crowds due to the region's modest population of 2...
Newsec to announce the strategic appointment of Morten Slette, an experienced professional renowned for his extensive industry knowledge and competence, to enhance the Investment Management team.
CBRE Investment Management (“CBRE IM”) announces the appointment of Sverre Rosén as the new Chief Executive Officer of Connect Bus AS, a portfolio company CBRE IM owns on behalf of a fund and separate accounts sponsored by the firm. Rosén joined Connect Bus on 2 January 2024.
Newsec Property Asset Management will assist Storebrand Real Estate in managing a real estate portfolio consisting of approximately 400,000 square meters.
Alma Property Partners has raised nearly €350 million of equity capital for Alma Property Partners III, the firm’s third pan-Nordic opportunistic real estate fund.
Bonava has completed the sale of its Norway business to Union Residential Development, signed on June 12. The project developer had sold the business to frees up fresh capital.
According to Savills latest European Logistics Outlook, industrial investment volumes, which totalled €5.1bn, declined by 49% QoQ and by 73% compared to Q1 2022, which was notably a record high. Compared to the same period last year on a country-by-country, The Czech Republic (-3%), Ireland (-29%) and Portugal (-45%) recorded...
AXA IM Alts has acquired, on behalf of clients, two prime logistics properties in Oslo, for €125 million, from Nordic property owner and developer Fabritius Gruppen.
Bonava has reached an agreement to divest its Norwegian operations to Union Residential Development, a Norwegian real estate fund. The purchase price is SEK 1.5 bn and the transaction is expected to be finalised no later than the third quarter of 2023. The deal is pending approval from Norwegian authorities.
After thirteen years at Deka Immobilien Investment, Dimitar Dimitrov (38) is moving to the KanAm Grund Group's Investment Management Europe team as Associate Director. In his new position, he is responsible for investment activities in the Nordics.