Colliers Market Report Denmark 2023

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Colliers Market Report 2023

Nordic overview

TOP 5 transactions | All segments

Portfolio

Country Seller

Buyer

Type

Area Price 1

Minority stake in SBB portfolio, social infrastructure

Pan-Nordic 2

SBB

Brookfield

Education

na ~2,100

Heimstaden Bostad

56% of portfolio (JV)

Sweden

Allianz

Residential

na ~1,600

Remaining 50% of Svenska Myndighetsbyggnader 4

Sweden

SBB Nordics Kåpan Pensioner

Public tenants

~300,000 4

~800

Project Nacre

Denmark

NREP

OCP

Residential

110,000

~700

Multiple (Swedish)

Stenhus Fastigheter

Property company

Randviken Fastigheter AB 5 Sweden

~520,000 4

~700

Note: 1 Prices quoted in EUR million (rounded figures), all indicative due to confidentiality. 2 Nordic portfolio with GAV-split: Sweden (55%), Norway (38%), Finland (5%) and Denmark (2%). Value based on SEK 44.9bn (book value as of Q3 2022 and agreed transaction price including 50% of the earn-outs). 3 Prior to the transaction, Kåpan Fastigheter owned 50% of the portfolio, achieving full ownership in the transaction. 4 Estimated area (sq m). 5 Swedish listed company, reported property value and area in Q1 2022. Source : Colliers

Nordic monthly transaction activity in 2022

14

12

10

8

6

4

2

0

Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct -22 Nov -22 Dec-22

Sweden

Norway

Finland

Denmark

Note : Transaction volume quoted in EUR billion. Source : Colliers