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Northern Europe

Skanska builds apartments in Helsinki for €50m

Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki. The contract is worth €50m, about SEK 560m, which will be included in the Nordic order bookings for the first quarter of 2023.
Friday, 24. March 2023

Catena acquires land in Jönköping

Catena acquired Stigamo 1:49. The property is one of the most well established logistics parks in the Nordic region, optimally located in proximity to the E4 motorway just south of Jönköping in Stigamo, Sweden. The vendor is Nivika Fastigheter AB and the property is being sold as a corporate transaction.
Monday, 13. March 2023

SBB signs 30-year lease with Municipality of Örebro

Samhällsbyggnadsbolaget i Norden AB has owned Mosjö School in Örebro since 2019. The project involves the rebuilding and extension of the school, which covers a total of 3,862 square meters. The lease is for 30 years and the tenant is the Municipality of Örebro.
Friday, 10. March 2023

Niam to develop Finland's first office skyscraper

Niam has entered into an agreement to acquire a development project called Kalasataman Horisontti from listed construction company SRV. The 11,700 sqm project will – once completed – include Finland’s tallest office tower spanning 111 meters over 26 floors. Located on top of the existing shopping center Redi, a 5-minute metro...
Monday, 6. March 2023

Antilooppi sells office building in Helsinki to Corum

Antilooppi sells Takkatie 1 office property to Corum. The property is situated in Pitäjänmäki submarket, close to commuter train station. In addition, the new Jokeri light railway starts serving the property in 2023.
Thursday, 2. March 2023

Aedifica invests €18m in 4 Finish care properties

Aedifica has signed a purchase agreement for a service community, a care home and two residential care centres for disabled people in Finland. The total investment is approx. €18m. Upon completion of the works, the buildings will welcome up to 116 residents and 75 children.
Monday, 27. February 2023

CREAG sells „Elefanten 17“ in Stockholm’s CBD

Catella Real Estate AG (CREAG) has sold the office building “Elefanten 17” on behalf of the fund “Sarasin Sustainable Properties – European Cities”. The buyer of the property in Stockholm’s central business district is DEAS Asset Management on behalf of Nordea Life & Pensions Sweden.
Thursday, 23. February 2023

Justin Gijsen appointed Group Director Parking Letting Heimstaden

Heimstaden appoints Justin Gijsen as Group Director Parking Letting. As of 1 May 2023, he will be responsible for the international parking strategy and operational parking processes. Currently Gijsen is Head of Letting at Heimstaden Netherlands.
Wednesday, 22. February 2023

East Capital recruits Adam Petersson Ellafi

In line with East Capital Group’s commitment to grow and strengthen its presence in its home market, Sweden, the company welcomes Adam Petersson Ellafi as Relationship Manager for Institutional Sales to the Investor Relations team.
Tuesday, 21. February 2023

Bonava sells 75 build-to-rent homes in Turku

Bonava has sold 75 build-to-rent homes in Turku to the investor eQ. The housing units are expected to be completed and handed over to the customer in the second quarter of 2024.
Monday, 20. February 2023

YIT launched resi project in Sompasaari in Helsinki

YIT has launched a self-developed residential construction project called Asunto Oy Helsingin Nihdin Torni in Sompasaari, Helsinki. The 16-storey residential building will have a total of 29 apartments. The value of the project is approximately €32 million, and it has been recorded in the order book for the first quarter of 2...
Thursday, 16. February 2023

Revelop buys light industrial asset in Högsbo from Kobia

Revelop has built a strong portfolio in the Gothenburg region and through this acquisition Revelop continue its strategy to invest in prioritized submarkets. The freehold asset Högsbo 19:1 is located in the commercial and residential development area Högsbo. The acquisition means that further operational and development syner...
Friday, 10. February 2023