Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: " Northern Europe " «

NCC acquires the construction company Jakobsen & Blindkilde

NCC acquires the construction company Jakobsen & Blindkilde and will thereby gain a substantially stronger foothold primarily in Jutland but also in the rest of Denmark. The acquisition will also give access to new strategically attractive areas in the field of civil engineering works and site preparation.
Friday, 23. February 2018

Anders Kvist steps down as CFO and Deputy CEO for Kungsleden

Anders Kvist has decided to step down from his position as Chief Financial Officer (CFO) and Deputy CEO of Kungsleden after close to six years. After the summer, he will take up a position as senior advisor to the Director-General of the Swedish Financial Supervisory Authority (Finansinspektionen). Kvist will continue as CFO ...
Thursday, 22. February 2018

Newsec establishes Pan-Nordic sales team

In order to meet the increased interest from international investors for the Nordic market, as well as interest from Nordic investors to increase their international presence, Newsec establishes a Pan-Nordic sales team. The group, named Newsec International Business Team, consists of six advisors from all the Nordic countries...
Thursday, 22. February 2018

Grosvenor sells Helsingborg asset to Invesco Real Estate and Scius Partners

Grosvenor Europe has completed the sale of a prime retail asset in Helsingborg, southern Sweden, on behalf of a Grosvenor-managed fund for an undisclosed sum. The property has been sold to Invesco Real Estate, who has acquired the asset through its local partner in the Nordics, Scius Partners. “We have a positive outlook on ...
Wednesday, 21. February 2018

NREP exits two retail portfolios

Following the sale of the largest portfolio of necessity-driven retail centers in Sweden in June 2017 , NREP has now exited two additional retail portfolios in Denmark.
Tuesday, 20. February 2018
Ilmarinen and Deka finalize Finland's largest office real estate transaction

Ilmarinen and Deka finalize Finland's largest office real estate transaction

Ilmarinen Mutual Pension Insurance Company has completed the sale of a landmark office property located next to the central railway station in Helsinki's central business district. The building was purchased by Deka Immobilien for approximately €190 million. The transaction marks the largest ever single office asset transact...
Friday, 16. February 2018

Kai Aejmelaeus appoints President and CEO of Sponda

Kai Aejmelaeus has been appointed President and Chief Executive Officer of Sponda, owned by real estate funds managed by Blackstone and by AREIM. Aejmelaeus succeeds Kari Inkinen, who will move into a new role as Senior Advisor and board member of Sponda. The changes will be effective in the second quarter.
Tuesday, 13. February 2018

Trevian strengthens the team with Risto Vuorenrinne and Jussipekka Aumo

Trevian’s newly appointed Investment Director Risto Vuorenrinne joins Trevian from Australian ASX listed real estate investment company Cromwell Property Group, in which he has been responsible for Finnish operations for nearly five years. Investment Director Vuorenrinne has 20 years of experience in the real estate sector fo...
Tuesday, 13. February 2018

The Nordic region steams on, attracting international capital

The share of foreign investors in the Nordic property market is expected to remain record high in 2018. All countries are performing well, the local currencies are cheap and the price drop in the Stockholm housing market creates new opportunities, according to the new report Pangea Property Outlook 2018.
Tuesday, 13. February 2018

Kungsleden acquires real estate for 1 billion SEK

Kungsleden acquires two newly built office properties as well as a property built with a parking garage for approximately ca.€ 0.10 billion (1 billion SEK). In combination with already owned properties, a new modern office cluster is created in the expansive area Södra Centrum in Gothenburg.
Tuesday, 13. February 2018

Aberdeen Standard Investments and Huone Events Hotel collaborate in Helsinki

Events hotel chain Huone International and Aberdeen Standard Investments have signed a collaboration contract whereby Huone provides the office premises owned by a fund managed by Aberdeen with reception, restaurant, meeting, and event services at an office property on Malminkatu in Kamppi, Helsinki. This is a significant ini...
Friday, 9. February 2018

Balder acquires hotel project in Jönköping

Fastighets AB Balder has acquired the hotel project Gradienten which will be built in central Jönköping from Skanska for approximately c.€43.19 million (SEK 430 million). The project comprises a 18-storey hotel with 229 rooms, conference facilities and restaurant. Construction start is scheduled for the first quarter of 2018...
Friday, 9. February 2018

Kungsleden sells chilled/frozen warehouse in Helsingborg

Kungsleden has signed an agreement to divest the property Rausgard 22 in Helsingborg. The property Rausgard 22 consists of 62 000 sq.m chilled and frozen warehouse. The sale price amounts to €55.75 million (SEK 555 million) after deduction of deferred tax. The buyer will access the property during the first half of 2018. The ...
Friday, 9. February 2018
Skanska sells hotel building in Jönköping

Skanska sells hotel building in Jönköping

Skanska sells the hotel project Gradienten, which will be built in central Jönköping for about €43.19 million (SEK 430 million). The buyer is Balder. The hotel is developed by Skanska. The transaction will be booked in the Commercial Property Development stream in the first quarter 2018. The transfer of the property will take...
Friday, 9. February 2018

Northern Horizon exits its second care home fund in €141 million deal

In a transaction signed and closed on Thursday 8 February 2018, Northern Horizon has sold its Healthcare II fund to a fund managed by Evli. The transaction values the fund's 30-asset Finnish portfolio at €140.8 million. The exit of Healthcare II, a fund launched in December 2013, delivers a net IRR of approximately 29% and an...
Thursday, 8. February 2018

Brunswick Real Estate finances the new community shopping centre in Kungälv

Brunswick Real Estate has alongside with a major Nordic institution provided a c.€100.39 million (MSEK 990) loan to Kongahälla Shopping AB, a JV between Adapta Fastigheter and Alecta pensionsförsäkring. The loan will assist the company in the construction of Kongahälla Shopping, a new community shopping centre located in Kun...
Wednesday, 7. February 2018