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Northern Europe

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

Catella completes repurchase of warrants

At the Extraordinary General Meeting of Catella AB held on 20 March 2024, it was resolved that Catella would make a conditional offer to repurchase warrants of series 2020/2024:A and series 2020/2025:B issued under Catella's long-term incentive programme. 2,450,000 warrants have now been repurchased.
Wednesday, 3. April 2024

Kojamo enters new €250 million credit agreement

Kojamo plc has signed a new €250 million term loan facility agreement linked to its sustainability targets together with three relationship banks. The loan is secured and has a maturity of five years. The loan will be drawn in June at the latest, and it will be used for the refinancing of company’s existing indebtedness as we...
Thursday, 28. March 2024

Union Investment sells Sthlm Hub to Vasakronan for €62m

Union Investment has sold the Stockholm office building Sthlm Hub, also known as Uggleborg 14, to Swedish property investor Vasakronan for approximately €62 million (SEK 715 million). The purchase price is higher than the most recent valuation. Vasakronan is owned by four of Sweden's national pension funds and already owns th...
Wednesday, 27. March 2024

Catena acquires logistics property in Helsingborg

Catena has signed an agreement with DSV Road Holding A/S to acquire a property in Helsingborg via a corporate transaction at an underlying property value of SEK 398 million before deduction of deferred taxes.
Wednesday, 27. March 2024