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Northern Europe

Castellum sells ten properties for SEK 934m

Castellum is selling ten properties for SEK 934m less deferred tax and overheads totalling approximately SEK 25m. The sale price confirms the carrying amount. The deal is expected to close on 31 May.
Thursday, 25. April 2024

Wihlborgs signs two deals for office space near Copenhagen

The electronics company EMRI and the engineering and technology company Grønbech will be moving to Wihlborgs’ newly renovated, multifunctional and energy-efficient Meterbuen 27 office building in Skovlunde northwest of Copenhagen. EMRI has signed a lease for 3,300 square metres, Grønbech leases 3,000 square meters for its fou...
Thursday, 25. April 2024

Walk Around wins Leppävaara idea competition

The jury has now selected the winner of the Leppävaara idea competition organised by the City of Espoo. The winning entry is Walk Around by the construction company YIT, architecture company Arco, and engineering and consultancy company Ramboll.
Wednesday, 24. April 2024

Altaal and Nordic Credit Partners form investment company

Altaal and Nordic Credit Partners are joining forces to establish a Nordic investment company focused on alternative assets. Together, the group manages six billion Swedish kronor across real estate, infrastructure, and credits, distributed over six investment strategies, with a team of about 20 employees across offices in St...
Friday, 19. April 2024

Heimstaden team launches resi manager Heim Global Investor

Fredensborg has launched a new fund manager in the residential sector. The manager builds on the experience of its sponsor Fredensborg and its affiliate Heimstaden. The fund manager is targeting capital raising totalling €1.6 billion for its first two funds.
Wednesday, 17. April 2024

Wihlborgs lets 4,800 m² at Ideon in Lund

Wihlborgs has signed leases with two companies for a total of 3,800 square metres at Cube (Nya Vattentornet 4) on Mobilvägen in Lund. A public sector tenant will move in to 1,000 square metres in the neighbouring property Bricks (Nya Vattentornet 3).
Wednesday, 17. April 2024

Wihlborgs lets 3,300 m² to Region Skåne in Malmö

Wihlborgs has signed an eight-year lease with Region Skåne who is co-locating Hjälpmedelsverksamheten to the Sufflören 4 property in Hyllie. The property, which was acquired just over a year ago with a high level of vacancy, is now fully let.
Monday, 15. April 2024

Aedifica completes 10 projects

During the first quarter of 2024, ten projects from Aedifica’s investment programme were completed in Germany, the United Kingdom and Finland for a total amount of approx. €74 million.
Friday, 12. April 2024

John Mattson sells Stockholm property to SEFAB

John Mattson has signed an agreement for the sale of the Fulufjället 1 property in Alvik in Stockholm. The price is based on an underlying property value of SEK 93 million before deduction for latent tax. The buyer is SEFAB Stockholms enskilda fastighetsägare AB. Fulufjället 1 comprises 27 apartments with a total lettable are...
Thursday, 11. April 2024

Barings completes sale of logistics asset in Gothenburg

Barings has completed the sale of a logistics asset in Gothenburg to clothing retailer Kappahl Group for SEK 600 million (€53.9m) on behalf of a pan-European core strategy. The property at Arendal 13:2 comprises one main building totalling 33,200 sq m of lettable area and offers modern high-quality technical specifications in...
Thursday, 11. April 2024

ECE acquires office development in Copenhagen for conversion

ECE Work + Live is planning the development and realization of a new hotel in Copenhagen: The hotel property is to replace an office redevelopment project at the attractive Gammel Kongevej commercial street in the independent Frederiksberg district, which is located west of the city center and characterized by premium residen...
Tuesday, 9. April 2024

Nrep acquires Comfort Hotel Karl Johan in Oslo from CBRE IM

Nrep has acquired Comfort Hotel Karl Johan, a 260-room hotel in the heart of Oslo, from CBRE Investment Management. Featuring a bar in the backyard terrace and fitness room, the hotel is centrally located within a 2-minute walk from Oslo Central Station and is surrounded by many of the city's best shops and restaurants.
Tuesday, 9. April 2024

Revelop revitalises Malmö building as education campus

Revelop has signed a 15-year lease agreement covering approximately 9,000 square meters with AcadeMedia. Through the agreement the parties are converting Revelop's property Tuborg 1, in central Malmö, into a modern education campus. The property, an historic red brick industrial building, orginally developed as a textile fact...
Friday, 5. April 2024