Divestments & Acquisitions 2003
Divestments
December
Nordea signs an agreement with IXIS AEW Europe to sell and partly lease back 97 properties in Finland, Norway and Sweden.
November
Nordea sells its entire shareholding, 42.6%, in the Finnish real estate company Citycon Oyj.
Nordea sells its debt collection items in Finland to Balancon Assets Oy a subsidiary of Contant Oy.
July
Nordea sells Tunturi Oy Ltd, the Finnish manufacturer of bicycles and fitness equipment to Dutch Accel Group N.V.
June
Nordea signs an agreement to sell the Huoneistokeskus real estate business. Huoneistokeskus being the leading real estate company in Finland.
May
Nordea sells additional properties in Denmark to a consortium consisting of PensionDanmark, Laegernes Pensionskasse and Nordea Pension.
Nordea signs an agreement to sell all the shares in Nordisk Renting AB to the Royal bank of Scotland plc. The price is EUR 104m after Nordea having received a dividend of EUR 134m. Gain of approx. EUR 30m.
February
Nordea sells all residential property in Denmark to PKA.
