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Northern Europe

NREP buys historic office building in Helsinki from Allianz

NREP announces the acquisition of the Eteläesplanadi 2 office building in Helsinki from Allianz Real Estate, which purchased the property in 2006, when the property was the head office of UPM. Eteläesplanadi 2 is a landmark building located next to the waterfront in Helsinki CBD.
Friday, 2. December 2022

Wihlborgs buys Malmö properties from Corem Property

Wihlborgs has signed agreements to acquire the Sufflören 4 property in Hyllie, which is a combined office and warehouse property of 5,100 m², and the currently undeveloped Sunnanå 12:26 property of 10,000 m². The vendor is Corem Property Group and occupancy is scheduled for 16 December.
Friday, 2. December 2022

Demand for Swedish residential assets remains strong despite challenges ahead

According to Savills latest residential report in Sweden, the sector continues to dominate the local investment market, accounting for 27% of the total transaction volume in Q3 2022. This corresponds to approximately SEK 38 billion (c.€3.49 billion). Foreign investors accounted for 12% of the total Swedish residential investm...
Wednesday, 30. November 2022

Ingka Centres unveils its new global food and beverage concept

Ingka Centres, part of the Ingka Group (which includes IKEA Retail and Ingka Investments), yesterday unveiled its new global food and beverage concept, Saluhall. Named after the Scandinavian-style ‘Market Hall’, Saluhall will reinvent the traditional shopping centre food offer with a Scandinavian twist, bringing delicious, pr...
Wednesday, 30. November 2022

John Mattson sells properties in Lidingö

John Mattson has signed an agreement for the sale of the Barkassen 1 and Galeasen 2 properties in Lidingö, Stockholm. The price is based on a property value of SEK 262 million. The purchaser is Jan Fredegård, owner of Fastighets AB Senator.
Monday, 28. November 2022

Skanska Commercial Property Development divests Aqua in Malmö

Skanska Commercial Property Development has divested the office building Aqua in Malmö to Skanska Investment Properties for about SEK 600m. The internal transaction has no effect on the cash flow and will be recorded in the fourth quarter 2022. The transfer will take place immediately.
Monday, 28. November 2022

Maria Strandberg steps down as CFO at Castellum

Maria Strandberg announced yesterday that she has decided to step down from her role as CFO at Castellum for new opportunities. Today it has been confirmed that Strandberg will be the new CFO at Amasten Fastighets AB (publ). At Castellum, Maria Strandberg will remain in her role pending recruitment of a new CFO. The recruitme...
Friday, 18. November 2022

Castellum to build new police station in Hisingen

The construction of Hisingen’s new police station on Exportgatan has begun. Castellum is creating purpose-built premises on the site where the old printing office for the Swedish daily Göteborgs-Posten once stood. The new police station is approximately 9,000 square metres in size, and is expected to be ready for occupancy du...
Friday, 11. November 2022

Skanska invests €38m in Espoo

Skanska invests in a residential development project in Espoo, Finland. The total investment amounts to €38M, about SEK 400m. The building will be 17 storeys high and consists of 133 apartments.
Wednesday, 9. November 2022

Catena expands cold storage facility for Coop in Enköping

The extension of approximately 5,800 m² will be built directly adjacent to Catena’s existing logistics facility leased by Coop that comprises approximately 10,900 m² of the Stenvreten 8:33 property in Enköping.
Tuesday, 8. November 2022

Diös acquires property in central Gävle

Diös acquires a commercial property of 1,136 sq.m in the district Magasinsområdet in central Gävle. The company previously owns several properties in the same area and the aim is to strengthen and supplement the existing property portfolio in the expansive city district. The seller is Fastighetsmani AB and transfer of ownersh...
Wednesday, 2. November 2022

CapMan buys landmark hotel and office property in Solna

The CapMan Nordic Real Estate III Fund (CMNRE III) together with Operating Partner Atell AB acquire a hotel, and office property, Solna Kasernen 1, located in Hagaparken, the Royal National City Park, in Solna. The seller is a privately held company within the Slottsparken Group.
Wednesday, 2. November 2022