DEAS Asset Management

Fokus Nordic to acquire DEAS Asset Management to become one of the leading independent real estate managers in the Nordics! This new partnership marks a major step in our journey as a pan-Nordic platform, strengthening our local expertise and bringing greater value to clients across the Nordic real estate market. A heartful thank you to Group CEO Rikke Lykke and Group CIO Mette Seifert, who will be stepping down post-transaction. To our team and clients - thank you for your continued support as we look forward to this exciting new chapter! Please reach out to us if you have questions! Sanna Puhakainen Anette Grotum Joakim Nordblad Thomas Wolff

On behalf of DEAS Eiendomsfond Norge I, we have acquired Munkegata 26 and 30 ("Residencekvartalet") in Trondheim from a mandate managed by abrdn. The building covers approximately 11,700 sqm and is centrally located at the town square in Trondheim. The property is a highly representative office building with a weighted lease term of about 6 years, with Aker BP accounting for the majority of the current lease. In addition to office spaces, the property also houses well-known restaurants, including Trondheim's first Italian restaurant, Frati, the newly opened Phoenix Gastropub, and Burger King. "Our investors have shown us great trust by committing more capital to the fund, while we have also freed up capital through the sale of Byåsen Shopping Center earlier this year. We are therefore very pleased to invest in a property that will improve the portfolio in terms of both risk and expected returns. Residencekvartalet, with its unique location and high quality, will undoubtedly contribute positively to the portfolio going forward," says Lars Flåøyen, Fund Manager for DEAS Eiendomsfond Norge I IS/AS. "We are extremely pleased to have completed this transaction on behalf of Norge I. We have a strong belief in well-located office properties, and the location doesn't get much better than this. We have more capital available for investments due to the strong interest from our investors, and we aim to be active across our funds starting in early 2025," says Kristoffer Lunde, Head of Transactions at DEAS Asset Management Norway. Apex Advokatfirma AS has been legal advisor in the transaction, while RSM Norge and BER Bygg og Eiendomsrevisjon AS provided financial and technical advice. Peder Bærvahr #trondheim Estate Media Norge EiendomsWatch Adresseavisen MN24 Line Ravlo-Losvik Andreas Mello-Kildal Vidar Haugen Odd Erik Aanonsen

On behalf of Nordea Norge Pensjonskasse we have sold Ruseløkkveien 6 in Oslo to Kommunenes Hus AS. Ruseløkkveien 6 is a prime located office property comprising 3,126sqm. The property is located across the street from Nationaltheatret station and houses Sats in addition to seven floors with office tenants.   Newsec acted as broker and Wikborg Rein was legal advisor to the seller.   Congratulations to all parties involved in the transaction. Peder Bærvahr Kristoffer Lunde

🎄✨ As the holiday season approaches, we want to take a moment to extend our heartfelt thanks to all our clients for their trust and collaboration throughout the year. Your support has been invaluable, and we are grateful for the opportunities to work together. Wishing you all a joyful, peaceful holiday season! We look forward to continuing our partnership and achieving even greater things together in 2025! Happy Holidays and see you in the New Year! 🌟🎅

In December, the well-known jewellery designer Caroline Svedbom opens a new store in Sturegallerian. After a period of absence from the galleria, it’s happy reunion for both Sturegallerian’s visitors and for Caroline Svedbom herself, who is now back in the stylish premises right in the heart of Stockholm.   DEAS Asset Management have been responsible for asset and property management of Sturegallerian since 2013. Our dedicated team will continue to manage the operations in the galleria and assist in the ongoing redevelopment of the block.

The Swedish team are delighted to have recruited four new colleagues within Asset Management and Finance. Our new colleagues have joined the team since the summer, and they are all up and running and have brought new competences and capabilities with them.   A warm welcome to Sandra Pärn, Stefan Backman, Serhat Yüksel and Albin Krantz #assetmanagment #deassweden Joakim Nordblad Jonas Östlund Mats Flodman Patrik Westerberg

🏆 Historic Pyyniki Trikoo Factory Wins Sustainable Stone Building Award 🏆 The Pyyniki Trikoo factory in Tampere, Finland, has won the prestigious Sustainable Stone Building Award for its transformation from a 1903 knitwear factory into a vibrant residential and commercial hub. The development was managed by DEAS Asset Management including hundreds of apartments 🏘️, a hotel 🏨, dance school 🩰, cafe ☕, microbrewery 🍺, and various services, creating a village-like community near the city. The project preserved the historic brick structures 🧱, significantly reducing carbon emissions 🌍 by recycling materials ♻️ and maintaining the original architecture. The spacious, loft-style apartments reflect the site’s industrial heritage while offering modern living in a prime location by the lake and nature 🌳, close to the city center of Tampere City. Link to the Finnish article: https://lnkd.in/gTwxuUW3 Johanna Saarivuo Ville Salminen #assetmanagement #development

We are proud to announce that all our participating funds and mandates in this year’s GRESB Real Estate Assessment have successfully maintained their prestigious GRESB 5-Star rating from last year. This achievement reflects our continued commitment to sustainability in real estate investments. DEAS Eiendomsfond Norge I: ⭐ ⭐ ⭐ ⭐ ⭐ DEAS Norway Balanced Property Fund: ⭐ ⭐ ⭐ ⭐ ⭐ DEAS Swedish Balanced Property Fund: ⭐ ⭐ ⭐ ⭐ ⭐ Nordea Liv Sweden: ⭐ ⭐ ⭐ ⭐ ⭐ GRESB (Global Real Estate Sustainability Benchmark) is an independent organization providing validated ESG performance data and peer benchmarks for investors and managers to improve business intelligence, industry engagement and decision-making. A big thank you to our dedicated teams and partners in CBRE Norway for their hard work and focus on responsible real estate management! #GRESB #Sustainability #RealEstate #ESG #DEASAssetManagement Nils Arne Gundersen Lise Berge Brattvåg Joakim Nordblad Lars Flåøyen Emma Otervik Lovisa Skalin Rikard Eriksen Rikke Lykke Magnus Alstad Henrik Eskolin Anders Magnusson Mette Seifert Simen Ingvaldsen

ColorFactory District: A 40-Hectare Area Transformation for Homes 🏡, Jobs 💼, and Innovation 🌟   DEAS Asset Management together with PPG Tikkurila are set to transform part of the 40-hectare ColorFactory district in Tikkurila, Vantaa, into a vibrant mixed-use neighborhood, that also includes areas owned by the City of Vantaa. The development will provide homes for 4,500 residents 🏡 and generate up to 3,000 jobs 💼.   Located near the busy Tikkurila train station 🚉 and a major public transportation hub, the district will feature four “villages” 🏘️, each with its own unique nature 🌳 and color scheme 🎨, combining historic buildings, green spaces, and urban amenities like schools 🏫, retail 🛍️, and workplaces 🏢.   The project will repurpose industrial and historic buildings, with most structures being 6 stories and a few select buildings rising to 12 stories 🏙️. Phased development will begin on PPG Tikkurila's land, blending modern design with the area’s historic charm.   Link to the Finnish article: https://lnkd.in/dW_ef-nq   Johanna Saarivuo Ville Salminen Henrik Eskolin   #assetmanagement #development

We are heading to Expo Real in Munich this October. 🌍 We are excited to participate in the topical discussions and provide our Nordic wide property markets views. 📩 Feel free to contact us if you would like to meet: Rikke Lykke, Mette Seifert, Anette Grotum, Kim Beck, Sanna Puhakainen, Joel Bjerking, or Henrik Eskolin. 🤝 We look forward to meeting up with new and familiar faces!