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YIT, as part of an alliance, has signed a contract for the development stage of Kokkola Sports Park. The alliance main contractor is YIT, and the main design is by UKI Arkkitehdit Oy, architectural design by Arkkitehtitoimisto Jääskeläinen Oy, structural design by Ramboll Finland Oy and building system design by Granlund Oy. ...
Logicenters has acquired an 19,000 m² plot near Helsinki Airport. In connection with the deal, the developer has also signed an agreement with Puumerkki Oy, which will lease the new property starting from the summer of 2025.
Varma Mutual Pension Insurance Company and Metsä Group have signed a long-term agreement on the lease of premises in Keilaniemen Portti, currently under construction in Keilaniemi, Espoo.
In December 2023, Mrec IM acquired a plot of approximately 43,000 sqm near the Lahti motorway in the rapidly developing Bastukärr logistics area through a company it manages, from the municipality of Sipoo.
The sale of the logistics portfolio has been successfully completed: According to a recent announcement, a fund managed by Goldman Sachs acquired the five sites before the end of the year.
According to the KTI statistics, the property transaction volume amounted to €2.6 billion in 2023, which was the lowest volume since 2013. Both in 2021 and 2022, the annual volume exceeded €7 billion.
VillageWorks will move into the Erottaja2 property in the heart of Helsinki with a new 1,700 m² workspace complex, offering Erottaja2 private and shared office space for companies using either traditional office spaces or hybrid workplace models. The new office hotel will open in March 2024. BlackRock owns the Erottaja2 offic...
During the fourth quarter of 2023, 10 projects from Aedifica’s investment programme were completed in Germany, the Netherlands, the United Kingdom, Finland and Ireland for a total amount of approx. €97 million.
The Nordic countries—primarily Sweden, Norway, and Finland—offer cold winters and reliable snowfall. The Nordic region boasts over 500 ski resorts, representing approximately 8% of all global ski resorts. These resorts have thrived, providing excellent conditions and a lack of crowds due to the region's modest population of 2...
CapMan Social Real Estate Fund invests in daycare and school assets in central Helsinki, continues fundraising. The assets was acquired from HGR Property Partners.
CapMan Residential Fund (CMRF) acquired two high-quality residential assets at the end of 2023. The transaction is the seventh investment for CapMan’s pan-Nordic core residential fund.
Aedifica has acquired two child day-care centres in Oulu & Rovaniem. The asset holder acquired ownership of both buildings on 29 December 2023. The total contractual value amounts to approx. €8.5 million.
YIT has signed a cooperative project management contract for the Keskusta health and wellbeing centre project to be built for the use of City of Helsinki. The contract will be signed with KOy Helsingin Toimitilat. For YIT, the value of the implementation phase of the construction contract, which is now starting, is approximat...
Catella European Residential (CER) has acquired 350 apartments within five properties covering almost 14,200 sqm of gross lettable area (GLA) in the four Finnish cities of Espoo, Kerava, Tampere and Turku, in the country's 'Golden Residential Triangle' that extends to the north and northwest of the capital Helsinki.
Northern Horizon has acquired a portfolio of 15 healthcare properties for c. €75m for its fourth healthcare fund, Aged Care IV. The portfolio was acquired from eQ, the largest private social infrastructure owner and developer in Finland. The portfolio is regarded as one of the highest quality care home portfolios ever sold in...
Alma Property Partners has raised nearly €350 million of equity capital for Alma Property Partners III, the firm’s third pan-Nordic opportunistic real estate fund.
Evli has today, on November 15, 2023, signed an agreement to acquire a majority stake in the Finnish investment service company Zenito Oy. According to the agreement, Evli will purchase approximately 67 percent of Zenito Oy's shares. The remaining, about 33 percent of the shares, will be retained by the company's founders.