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Northern Horizon Capital AS has elected Milda Dargužaitė as a new member of the supervisory board for a period of 5 years. She will succeed Michael Rudolf Schönach. Dargužaitė acts as a Group Chief Executive Officer to Northern Horizon Capital Group. She has extensive work experience in both private and public sector locall...
European Property Investors Special Opportunities IV (EPISO 4), managed by Tristan Capital Partners, and Varma Mutual Pension Insurance Company, as a co-investor in the deal, have disposed of a portfolio of eight office assets to AREIM Fund III.
Samhällsbyggnadsbolaget in Norden AB (SBB) expands its community service property portfolio in the Nordic metropolitan regions through the purchase of two elderly care homes in Tonsberg in the Oslo region. The properties have a total leasable area of 5,846 square meters with an estimated annual operating net income of approxi...
A fund established by Deutsche Finance International (DFI) has acquired a newly opened 228-unit property in Copenhagen to seed a platform of purpose-built student accommodation in Denmark. The terms of the investment are not being disclosed.
Genesta has purchased Porkkalankatu 3, an office building located in Ruoholahti, Helsinki, from Niam for an undisclosed sum. The multi-let 15,200 sq metre property will be refurbished and upgraded and is close to the metro and the Western Highway.
In Gothenburg's borough Frölunda, Balder is building a new residential area called Frölunda Park. A new urban district in the area around Lergöksgatan with approximately 550 new apartments, shops and grocery stores and a new school are to be created, while the current green areas will be modernised and Stjärnhusen will be ren...
Allianz has purchased the 30,000 sqm Gangaren 11 office complex in Stockholm, located in the West Kungsholmen district, for approx. €175 million (SEK1.8 billion). The asset, the first equity acquisition for Allianz in the Swedish market for six years, has been acquired from AMF Fastigheter by Allianz Real Estate on behalf of ...
Aberdeen Standard Investments has made the first two deals for its new Pan European Residential Property Fund , which together will amount to an investment of €125 million.
Samhällsbyggnadsbolaget i Norden AB (SBB) has acquired two community services properties with residential care and education as well as 35 residential properties for a total property value of approximately SEK730 million (c. €71.21 million) in Stockholm, Oskarshamn and Avesta. The sellers of the properties are Savana and Lang...
NCC is to construct an office and retail complex next to Ratina shopping center in Tampere. The customer is Sponda Plc and the value of the project is c. €25.3 millon (approximately SEK 260 million). The building will be located right next to the Ratina shopping center. Total area will be about 13,800 square meters of net flo...
Elena Stenholm, has been appointed as Director, Real Estate and as a member of the Stockmann Management Team. She has most recently served as Vice President, Commercial Services at Finavia and before that as Commercial Director at Citycon. Stenholm will join Stockmann by the end of the year and she will report to CEO Lauri Ve...
Wihlborgs has signed a lease for 4,000 m² with Gaia Biomaterials in the Ättekulla district of Helsingborg. Gaia Biomaterials has garnered attention for its Biodolomer innovation, an entirely biodegradable material that could replace traditional plastic in many products such as shopping bags, garbage bags, trays, flowerpots, e...
A lack of office supply in the face of consistent office demand will be the main driver of above-average rental growth in Edinburgh in the next two years, according to the European Office Rental Growth Hotspots 2018 report from JLL. The report identifies ten markets in Europe set to experience supply-led office rental growth ...
On behalf of its newly established fund, GNRE Core Plus, Genesta has made its two first investments. The asset manager has acquired an office property in Solna, Stockholm and a retail park in Jönköping for a combined value exceeding €100 million. “In a very short period of time we have acquired two high quality properties in...
Peter Anderson has been recruited as Hemfosa’s new CFO and will succeed Karin Osslind, Hemfosa’s current CFO and co-founder, in November 2018 the latest. Anderson has extensive experience from positions as CFO and Head of Finance at property companies. Anderson is joining Hemfosa from his current position as Finance Director ...
Kom Hotel will be running a four-star hotel which offers hotel rooms as well as smaller apartments with kitchenettes, long-stay accommodation, co-working space and a restaurant in Hagahuset in Solna. They are signing a 15-year lease for the entire building, which is equivalent to 7,000 sq metres. The estimated date of entry i...
The US REIT W. P. Carey made its first investment in Denmark with the acquisition of a mission-critical portfolio of 14 logistics assets and one corporate headquarters totalling 184,582 sq metres for approximately DKK 1.2 billion (€161.03 million). The portfolio is triple-net leased to Danske Fragtmænd A/S. The REIT has been ...
Savills Investment Management has forward purchased two key logistics assets in Venlo and Helsinki on behalf of Vestas Investment Management and a club of Korean investors. The assets are currently under construction and upon completion will both be leased to DSV. These acquisitions comprise part of a wider logistics portfoli...
