Norway

Newsec has a history of assisting international pension capital with Investment Management in Sweden, Finland and more recently Denmark. Norway is a natural place to roll out the IM model where clients are offered a total delivery that has great similarities with the Norwegian syndication business.

The difficult market situation is reflected in Bonava's business figures. Instead of the planned 940 residential units in 2022, the developer has only sold 700 units.

Skanska has signed a contract with Campus Ullevål AS, the Norwegian Geotechnical Institute (NGI) and Aspelin Ramm to build Campus Ullevål in Oslo. Construction will start in April 2023 and completion is scheduled for the second quarter of 2026.

Skanska has appointed Stein Ivar Hellestad as new Business Unit President for Skanska Norway. He steps into his new position as of today.

The student population across the four Nordic countries – Sweden, Finland, Denmark and Norway – is on the rise, according to Sid Hussain, Associate Europe, Savills Operational Capital Markets.

BNP Paribas Real Estate Investment Management (REIM) UK has appointed Swati Srivastava as Head of Institutional Sales & Investor Relations (UK, Ireland, Netherlands, Nordics, and International Clients) in its London office from 1st Nov 2022.

Heimstaden AB is making changes in its Management Team. Arve Regland, who has held a combined CFO position in Heimstaden AB and Fredensborg AS, will take the more strategic role as Group CFO of Fredensborg AS, as Thomas Alexander Hansen (47) is appointed CFO of Heimstaden AB.

The CapMan Nordic Real Estate III Fund (CMNRE III) has agreed to acquire Sørkedalsveien 6, an office property located in Majorstuen, Oslo city centre from Entra. The property, immediately located in the second largest public transport hub in the area, has altogether 19,300 m2 of space spread over 18 floors above ground and tw...

Thomas Laakso, Investment Director at CapMan Real Estate, has been promoted Partner. Simultaneously, he takes over leadership of the CapMan Hotels II fund from Pirjo Ojanperä, who transitioned to a Senior Advisor role in December after a long career at CapMan.

Colliers has concluded its acquisition of Pangea Property Partners in Norway and Sweden.

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...

Madison International Realty and Carucel Eieindom AS, a Norwegian investor in retail, office, resorts, logistics and residential properties, announce that they have created a new residential platform, Carucel Living, which will focus on the Oslo rental market.

CBRE Investment Management has appointed Henrik Skoog as CFO in the Nordics. He will be responsible for all financial reporting processes and tax matters as well as external financings within the company on the corporate and property investment sides and will be the main financial contact person for fund and separate account ...

Bonava has signed an agreement for the acquisition of approximately 12,000 square metres of land in the Jessheim district of Oslo, with plans to develop approximately 235 Nordic Swan ecolabelled housing units. The investment also includes approximately 4,900 square metres intended for commercial premises. The seller is a priv...

CBRE Investment Management (“CBRE IM”) has appointed Justine Weber Bret as Director of Transactions & Asset Management Logistics in the Nordics. Reporting to Laurie Lagarde, Head of EMEA Logistics Operator Division, she will source, acquire and manage logistics and industrial assets.

Parthia Mazda Ghaziani has joined Macquarie Asset Management as Head of Nordic Real Estate Transactions, based in Copenhagen.

As inflation and debt costs in Europe continue to rise, investors in real estate are having to look harder for the returns they need, according to Savills. To help with this, the international real estate advisor has identified a variety of asset classes in 14 local markets that still offer 5%+ yields.

Set in one of Northern Europe’s leading, sustainability-focused locations, Radisson RED Oslo Økern has opened its doors. The music, art, design, and fashion inspired hotel, features a unique rooftop experience complete with a bar, outdoor terrace, and impressive city views.