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Northern Europe

K-Prefab signs contract with Noccon for Årstaberg

K-Prefab AB has signed an agreement with Noccon AB regarding a full service concrete frame for the construction of new apartments, commercial premises and parking garage in Årstaberg in Stockholm municipality. Noccon’s end customer is Wallenstam AB.
Tuesday, 21. May 2024

New Research Hub developed by SRV and SYK in Tampere

SRV and University Properties of Finland (SYK) have signed a project management contract for the new Research Hub building to be built on the University of Tampere's Hervanta campus, in the current Sähkötalo, and for the renovation projects of the related building parts. The work will be completed in stages between 2025 and 2...
Friday, 17. May 2024

JM sells 151 apartments in Helsinki

JM Finland has sold 151 apartments in Herttoniemiele to an undisclosed buyer. The 16-storey building will be completed for the client in spring 2026. There will be a total of 151 rental apartments, ranging in size from one to four rooms.
Friday, 17. May 2024

Logicenter to build 10,000 sqm logistics centre at Tuusula

Logicenters has acquired a 25,000 m² site in Tuusula. The company plans to develop a 10,000 m² logistics centre, with construction starting in the third quarter of 2024. Potential tenants will be able to move in after the summer of 2025.
Friday, 17. May 2024

Niam and Kuskodit buy Toivo's apartments for over €20m

Novus Family Homes, a new joint venture between Niam and Kuuskodit Investment Management, has acquired a seed portfolio from Toivo Group, comprising five constructed assets, built in 2021-2022. The total value of the transaction is more than €20 million.
Friday, 17. May 2024

Citycon sells Kongssenteret in Kongsvinger

Citycon has signed an agreement to sell Kongssenteret in Kongsvinger to an undisclosed buyer. According to the company, the sale price is close to the asset's most recent IFRS fair value. The transaction is expected to be completed by the end of May.
Friday, 17. May 2024

Infrahubs sells 20,000 sqm logistics property to Blackrock

Infrahubs and Blackrock have signed another logistics deal. Blackrock has purchased a 20,000 sqm logistics development site in Jönköping. Earlier this year, the investment manager acquired a logistics property in Vaggeryd muncipality from Infrahubs .
Wednesday, 15. May 2024

East Capital expands its Investment Management team

East Capital Group has appointed Alexander Gyllenberg as Senior Analyst Frontier Markets. This strategic recruitment highlights the firm's commitment to strengthening its investment management capabilities and addressing the growing demand from clients related to frontier markets.
Friday, 10. May 2024

Revelop buys 11 assets for flagship value-add fund

Revelop has acquired 11 assets in two separate transactions after securing more than SEK 2,4 billion in new equity commitments for its latest flagship value-add fund. One of the transactions is a SEK 900 million acquisition from Castellum.
Wednesday, 8. May 2024

Swiss Life acquired retail park Bredis in Espoo from eQ

With the acquisition of prime retail box assets in Helsinki Metropolitan Area, Swiss Life Asset Managers Nordic further grows its real estate footprint in Finland and diversifies the portfolio for its clients.
Tuesday, 7. May 2024

Cloudberry contracts YIT with the construction of KKoy Levi Lingonberry

YIT has signed a contract with Cloudberry Development Oy on a real estate complex to be built as a project management contract close to the front slopes of Levi Ski Resort. The scope of the second construction phase of Icy Hot Chalet Levi ski-in/ski-out holiday apartments, called KKoy Levi Lingonberry, is roughly 6,200 gross ...
Monday, 6. May 2024

Catena recruits Mikael Tröjbom Johansen as Regional Manager

Catena reorganised the company's regional structure at the turn of the year and by then Denmark became a separate region, a change that clarifies its ambitions to grow in the Danish market. Mikael Tröjbom Johansen is now taking on the role of Regional Manager Denmark, a new position that is strategically important for the com...
Friday, 3. May 2024

Wihlborgs to build new facility for Caldic in Malmö

Wihlborgs has signed a 20-year agreement with the food solutions company Caldic Ingredients Nordic for a new 10,000 m² facility at Galoppen 1 in Fosie, eastern Malmö. Caldic is moving production as well as offices to the facilities, creating around 90 jobs. Occupancy will take place in autumn 2025.
Friday, 3. May 2024

Capman closes infrastructure fund at €375m

The CapMan Nordic Infrastructure II fund made its final closing at more than €375 million. Established in 2022, the fund has already made four investments and will continue investing in energy, transportation, and digital infrastructure across the Nordics in line with its strategy. Since 2017, CapMan Infra has raised a total ...
Thursday, 2. May 2024