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: " Norway " «

Tristan fund sells Norway retail portfolio to Ragde Eiendom for €160m

European Property Investors Special Opportunities 3 (EPISO 3), the opportunity fund advised by Tristan Capital Partners, has sold four retail parks and two land plots in Norway to Oslo-based Ragde Eiendom AS for c. €160m. The assets comprise Stoa Vest retail park in Arendal, which was acquired in 2016 . Four assets from the o...
Friday, 5. July 2019

Scandic to take over hotel in Stavanger

On October 1, 2019, Scandic will take over the operations of Radisson Blu Royal in Stavanger. The hotel, which is located in downtown Stavanger, will target business and leisure travelers as well as local residents. After the takeover, the hotel will change name to Scandic Royal Stavanger. The property is owned by Royal Stava...
Tuesday, 25. June 2019

UEPC becomes Build Europe

60 years since its inception, the European Union of Developers and House Builders (UEPC) has changed its name to become “Build Europe.” This change reflects a new vision and identity for Build Europe under the leadership of Marc Pigeon, its President since May 2018, and shared by its Members. Build Europe will focus its effor...
Wednesday, 22. May 2019

Tristan Fund acquires Oslo offices for €57 million

Tristan Capital Partners’ EPISO 4 opportunity real estate fund and Malling & Co Project Finance have acquired three multi-let office buildings in Oslo from Tveten Park AS for €57 million. Located on Ole Delviks Vei 2, 4 and 6 in the Bryn office submarket just outside Oslo city centre, the three multi-let assets comprise 30,...
Wednesday, 15. May 2019

Hines completes sale of Karl Johans Gate 45 in Oslo

Hines has completed the sale of Karl Johans Gate 45 in Oslo. The 5,100 sqm building was sold to Euro Real Estate by the asset manager for an undisclosed price on behalf of a real estate fund of Bayerische Versorgungskammer (BVK). Hines acquired the building in 2015 on behalf of BVK, one of Germany’s largest pension scheme g...
Tuesday, 26. March 2019

MIPIM: Oslo puts green investment on stage

The city of Oslo will celebrate its role as European Green Capital 2019 with a series of bespoke investor sessions and research announcements at MIPIM 2019. Oslo Metropolitan Area (OMA) is the host for the programme aimed at international investors, highlighting the City's many green initiatives and investment potential. The ...
Thursday, 14. March 2019

Mikael Pehrsson joins as Partner at Alma Property Partners

Alma Property Partners hired Mikael Pehrsson as Partner on the investments team. Mikael has significant experience within the real estate investments market from his previous positions with Cromwell Property Group and Sveafastigheter.
Friday, 8. March 2019

Catella to launch first Luxembourg based European Residential Fund

Catella Residential Investment Management GmbH (CRIM) today announced the launch of its third European Residential Fund for international clients. The fund will be Luxembourg SICAV-RAIF. The objective of this open-ended Pan-European Residential fund is to build up a diversified residential real estate portfolio in Europe. The...
Friday, 8. March 2019

Tristan Fund sells Oslo building for c. €90 m

Tristan Capital Partners’ European Property Investors Special Opportunities Fund (EPISO 3) has sold a mixed-use retail/office building in central Oslo for NOK 900 million (c. €92 million) to a syndicate of investors structured by Clarksons Platou Real Estate. The disposal is Tristan’s second sizeable office deal in Oslo in th...
Friday, 1. March 2019

Genesta sells Dronning Mauds gate 15 in Oslo

Genesta divests its holding in the CBD office property Dronning Mauds gate 15 on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) to Carnegie Norway who has acquired the property on behalf of Nordea Liv. “The acquisition is fully in line with Nordea Liv’s investment profile, targeting the CBD office segment with hi...
Thursday, 28. February 2019

NRP Fund VIII closes above target size

NRP Fund VIII has completed its final closing. Target fund size was NOK 1.500 million (approx. €150 million) and the fund was oversubscribed and closed at NOK 1.600 million (approx. €160 million). The Fund has already completed eight investments in the Nordics, and is well under way to establish a diversified portfolio both g...
Thursday, 14. February 2019

Selvaag Gruppen acquires all of Utleiebolig AS

Selvaag Gruppen acquires all of the company Utleiebolig AS, buying out eight other shareholders. The ambition is to become Norway’s leading owner of modern residential rental units.
Wednesday, 23. January 2019

Bonava carries out investor transaction and sells 94 apartments in Bergen

Bonava is selling a rental project in Bergen to a Norwegian housing company. The transaction encompasses 94 apartments and the price amounts to approximate SEK 211 million (c. €20.75). The project is expected to be handed over to the investor and recognised in profit in the third quarter of 2020.
Thursday, 3. January 2019

Larger deals driving Nordic market close to record in 2018

2018 was another active year in the Nordic property market, as average transaction size increased, and inflow of foreign capital continued to be strong. According to new figures from Pangea Property Partners, transaction volumes in the Nordic property market reached €42 billion in 2018, virtually unchanged from 2017. 2018 is ...
Wednesday, 2. January 2019

Nordea Liv sells property in Oslo suburb

Nordea Liv has sold care homes and a business area in Sandvika, just outside Oslo, to UBS (CH) Property Fund Europe. The sale price for the two properties amounts to c. €43.4 million (NOK 430 million). The investment in Sandvika is the first move by the UBS fund in Norway. Newsec has acted as advisor to Nordea Liv.
Thursday, 20. December 2018

Norges Bank and TH Real Estate sell Manhattan office for $244m

The partnership between Norges Bank Real Estate Management and TH Real Estate has signed an agreement to sell an office property located at 470 Park Avenue South in New York. The agreement was signed on 12 December 2018, with completion expected on 19 December 2018. Norges Bank Real Estate Management will receive 122 million ...
Friday, 14. December 2018