Real estate activities

Peab has been commissioned to build a new school, a pre-school and a sports center in city district Husie in Malmö. The customer is Malmö City, Stadsfastigheter, and the contract is worth SEK 253 million.

Keller Group plc has sold the freehold interest in Accolade Park, Avonmouth, Bristol for £62 million to a consortium of South Korean institutional investors.

Peab has been commissioned to build 200 new apartments in the city district of Munkebäck in Gothenburg. 

Peab has been commissioned to refurbish and add to the Norrland University Hospital in Umeå. The customer is the Västerbotten Region County Council and the contract is worth SEK 282 million.

Cushman & Wakefield, a leading global real estate services firm, has signed an exclusive arrangement with DTZ Realkapital as its affiliate in Norway. 

Two projects managed and designed by Cushman & Wakefield have been shortlisted in the prestigious British Council of Offices (BCO) Awards.

Valora confirms the sale of the La Praille building in Geneva. The property is being acquired by the Société Coopérative Migros Genève.

Commercial property investment in Europe will be strong in 2017 as bond prices weaken and investors seek safe but growth-orientated opportunities, according to an analysis released in a report by Cushman & Wakefield’s European Capital Markets team.

Cushman & Wakefield, a leading global real estate services firm, has renewed and rebranded its arrangement with Veritas Brown as its affiliate in Kazakhstan and Georgia. Veritas Brown will rebrand as Cushman & Wakefield from January 2017.

House prices, as measured by the House Price Index, rose by 2.9% in the euro area and by 4.0% in the EU in the second quarter of 2016 compared with the same quarter of the previous year.