Hemsö and SveaNor have started a joint project development company with a potential project volume of SEK 4 billion.

The company will manage SveaNor’s ongoing projects including, among others, building rights for the Life Sciences building at the main entrance to the New Karolinska Hospital, the planned construction of a new building located at Sahlgrenska University Hospital (Medicinareberget), and premises for a specialist hospital in Haninge, a municipality in Stockholm County.

Clifford Chance advised Real I.S. AG on the acquisition of Munich office building "Leitwerk" for two of its institutional funds from InfraRed Capital Partners.

The building called "Leitwerk" is located on Haidenauplatz near railway station Ostbahnhof and covers about 40,000 sqm of lettable space. The property is fully let – 85 per cent are let to public sector tenants, including the Bavarian Ministry of Healthcare and the Federal Agency for Real Property Affairs together with the German Patent and Trademark Office.

Vinge has advised Adapta Fastigheter in connection with its acquisition of a development project at Kongahälla in Kungälv north of Gothenburg from Coop Fastigheter. The project comprises a trading area of approximately 20 000 sq.m., and will include, among other things, a large Coop store.

The trading project is part of a larger development project by the E6 motorway. With 900 residential properties, a varied selection of retail units and a green area, Kongahälla is the largest new contemporary development project in Kungälv.

Gernandt & Danielsson has advised NP3 Fastigheter AB (publ) (“NP3”) in an approximately SEK 67.6 million private placement of shares in NP3.

The share issue is directed to the Fourth Swedish National Pension Fund and comprises 1.9 million shares offered to at SEK 35.60 per share. NP3 is a real estate company focusing on commercial investment properties with high yield in the northern parts of Sweden. The aggregate property value amounts to approximately SEK 4 billion. NP3’s shares are traded on Nasdaq Stockholm.

Gernandt & Danielsson advises Sterner Stenhus Fastigheter AB, jointly owned by Sterner Stenhus Förvaltning AB and Kvalitena AB, in connection with the divestment of real estate properties in Strängnäs, Sala, Järna and Skinnskatteberg to Amasten Holding AB (publ).

Slaughter and May is advising Aberdeen Asset Management plc (Aberdeen) on its proposed issuance of a new class of non-voting preference shares to Mitsubishi UFJ Trust and Banking Corporation (MUTB) for an aggregate subscription amount of £100 million.

Gernandt & Danielsson advises in Akelius’ issue of corporate bonds amounting to SEK 500 million

The residential company Akelius Residential Property AB (publ) has issued unsecured floating rate corporate bonds amounting to SEK 500 million through a private placement. The bonds have been issued within a framework amount of SEK 1,500 million, of which the company previously has issued SEK 850 million. The bond loan is already admitted to trading on the Corporate Bond List at Nasdaq Stockholm.

DLA Piper has advised the Metro de Lima Linea 2 consortium on the US$1.15 billion bond financing for the construction of the first underground metro line in Lima, Peru.

Setterwalls advised Catena in two property acquisitions.

The first acquisition concerns a logistics property in Jönkoping with a logistics warehouse of more than 29,000 square meters and with an underlying property value of SEK 60 million. The second property acquisition concerns a newly built logistics property located in Kristianstad and a 10-year lease was signed with Van Dieren Sweden AB.

Setterwalls’ team consisted of Jonas Frii and Kristoffer Stahl.

Clifford Chance advised French institutional investor Amundi Real Estate on the acquisition of the office building complex "88north" in Munich. The acquisition by way of a share deal was carried out through the open-ended OPCI Fonds who already holds investments in Germany.

Amundi Real Estate was represented by L'Etoile Properties, an investment and asset managing company. "88 north" was sold by the joing venture between Hammer AG and Competo Capital Partners GmbH. The parties have agreed not to disclose the purchase price.