Northern Europe

Barings has completed the acquisition of a prime logistics scheme spanning c. 39,000 sq m in Helsinki, on behalf of its pan-European logistics joint venture (PELV) from an international asset manager.

CBRE Investment Management, on behalf of a fund sponsored by the firm, has acquired a portfolio of two multi-family properties in Ballerup, Greater Copenhagen. The portfolio comprises 16,974 sq m of high-quality residential space made up of 222 affordable rental units for middle-income households, as well as 77 garage spaces.

Nido has partnered with Utopi to reduce the carbon footprint of its PBSA assets in its European portfolio, starting with Ireland and Denmark.

The off-market deal signed between Union Investment and the Swedish real estate company Niam at the end of December has been completed: the Smultronet 6 office building has changed hands. The parties have agreed not to disclose the purchase price, but according to Union Investment, the asset has been „successfully sold above...

Niam has acquired a 7300 sqm office property, strategically situated in Greater Copenhagen, with Novo Nordisk, a global healthcare company as the exclusive tenant. The seller is Danish pension fund Industriens Pension and the acquisition price is 130 million DKK.

Skanska has signed an agreement with Elof Hansson Fastigheter and Riksbyggen to build a new residential block and commercial premises at Masthuggskajen in Gothenburg. The contract is worth about SEK 340M, which will be included in the order bookings for Sweden in the first quarter of 2024.

Barings has acquired a 264-home development opportunity in Stockholm from Innovation Properties on behalf of a private insurance client. The parties agreed not to disclose the purchase price. The development in central Skogås, in the Stockholm suburb of Huddinge, is made up of four buildings containing 264 apartments. Constru...

CapMan Social Real Estate acquires a historical office and educational property, currently fully let to Copenhagen Business School (CBS), and situated in Frederiksberg, Copenhagen. This is the second investment for the recently established CMSRE fund which made its first investment in central Helsinki earlier this year. The i...

The CapMan Nordic Real Estate III fund acquires the Kauriala buildings and a plot belonging to the Seminaari school located in Hämeenlinna from the University Properties of Finland. The Seminaari school is located in the Kauriala neighbourhood of Hämeenlinna, and it is the largest primary school in Hämeenlinna with approximat...

Adjacent to the E4 and E6 motorways in eastern Landskrona (Bilrutan 5), Wihlborgs is set to build a 9,600 square metre facility for the logistics company Dachser. The lease is for 15 years with occupancy at the end of 2024.

Diös sells 22 residential properties in Östersund and Gävle with a leasable area of 26,000 square meters. The underlying property value is in line with the book value. The transaction is in line with the company’s portfolio strategy.

The iconic Comwell Køge Strand Hotel, formerly known as Hotel Hvide Hus and built by master carpenter Aage V. Jensen, has since 1992 been an important property under the foundation of Aage V. Jensens Fonde. With its 127 rooms, impressive meeting, banqueting and conference facilities and a unique location close to the water an...

Wihlborgs has signed a new lease with the service and installation company Bravida at Hundlokan 10 in Fosie encompassing 4,400 square metres. The premises are set to undergo comprehensive redevelopment in 2024 with the modernisation of office space and new, energy-efficiency technical installations.

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...

Nordea is extending its lease at Östersjön 1 on Carlsgatan in central Malmö for ten years. The premises will now be modernised and the layout improved to create an even better customer experience. The lease is for 5,500 square metres and extends for ten years, with occupancy scheduled for 1 February 2024. Among other improvem...

Fastighets AB Balder buys the hotel building in Karlatornet. At the same time, Balder sells 55,000 square meters of building rights in Veddesta, Järfälla municipality to Serneke.

After 10 years as CEO of Diös, Knut Rost will leave his position. When Knut took his position in March 2014, the parties agreed on an employment agreement valid until the turn of the year 2024. Knut will continue to work as CEO in the company during 2024 or until a new CEO is recruited to enable a successful transition. Diös’...

M7 Real Estate has let c. 8,500 sq m of space at its multi-let warehouse asset, Litauen Allé 4, in Taastrup, an established distribution hub near Copenhagen, to Heka Dental A/S. The dental treatment center supplier has signed an 11-year lease to occupy the entire unit, which will serve as its headquarters in Scandinavia, as w...