Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: " Finland " «

Another record year in the Finnish property transactions market

The Finnish property market continues to attract foreign investors. In 2017, foreign investor demand was mainly targeted at office and retail properties in prime locations. The positive outlook for the Finnish economy was reflected in the rental markets in 2017 both in commercial and residential property sectors.
Tuesday, 20. March 2018

Newsec partners with Nordea Life Assurance

Newsec has concluded a comprehensive property management service agreement with Nordea Life Assurance Finland Ltd concerning two real estate portfolios. The arrangement includes a total of 42 commercial properties covering nearly 280,000 square metres, and more than 1,000 dwellings spread across 15 residential units.
Tuesday, 13. March 2018
Manuel Böcher appointed Head of International Investment at Corpus Sireo

Manuel Böcher appointed Head of International Investment at Corpus Sireo

Manuel Böcher (38) is the new Head of International Investment at Corpus Sireo Real Estate. As commercial lawyer, he took up his new position on 1 February 2018. One of his tasks involves providing support for Corpus Sireo Real Estate’s internationalisation strategy by acquiring properties in Europe, with a particular focus o...
Tuesday, 13. March 2018

SRV sold two residential towers at Lapinmäentie to LocalTapiola

SRV and LocalTapiola have signed an agreement on the sale of two residential towers located in the block of Lapinmäentie 1 in Munkkivuori in Helsinki. As a result of the transaction, valued at about €65 million, SRV will build 211 market-financed rental housing units and five commercial premises for LocalTapiola.
Friday, 9. March 2018

Hemsö acquires three university properties in Helsinki

Hemsö has acquired three university properties in central Helsinki. The tenant is the University of the Arts Helsinki, which consists of the Finnish Academy of Fine Arts, the Sibelius Academy, and the Theatre Academy. The seller of the property is Helsingfors Universitetsfastigheter AB. The University of the Arts has signed n...
Thursday, 8. March 2018

Catella: Positive outlook for Nordic real estate markets in 2018

Record year with transaction volume of €43.3 billion, increase of international investors, positive market sentiment for 2018. The latest overview of the 2018 Nordic investment markets by Catella Research shows that the economic situation supports the positive trend. With a transaction volume of approx. €43.3 billion (2016: €...
Tuesday, 6. March 2018

Newsec establishes Pan-Nordic sales team

In order to meet the increased interest from international investors for the Nordic market, as well as interest from Nordic investors to increase their international presence, Newsec establishes a Pan-Nordic sales team. The group, named Newsec International Business Team, consists of six advisors from all the Nordic countries...
Thursday, 22. February 2018
Ilmarinen and Deka finalize Finland's largest office real estate transaction

Ilmarinen and Deka finalize Finland's largest office real estate transaction

Ilmarinen Mutual Pension Insurance Company has completed the sale of a landmark office property located next to the central railway station in Helsinki's central business district. The building was purchased by Deka Immobilien for approximately €190 million. The transaction marks the largest ever single office asset transact...
Friday, 16. February 2018

Kai Aejmelaeus appoints President and CEO of Sponda

Kai Aejmelaeus has been appointed President and Chief Executive Officer of Sponda, owned by real estate funds managed by Blackstone and by AREIM. Aejmelaeus succeeds Kari Inkinen, who will move into a new role as Senior Advisor and board member of Sponda. The changes will be effective in the second quarter.
Tuesday, 13. February 2018

Trevian strengthens the team with Risto Vuorenrinne and Jussipekka Aumo

Trevian’s newly appointed Investment Director Risto Vuorenrinne joins Trevian from Australian ASX listed real estate investment company Cromwell Property Group, in which he has been responsible for Finnish operations for nearly five years. Investment Director Vuorenrinne has 20 years of experience in the real estate sector fo...
Tuesday, 13. February 2018

The Nordic region steams on, attracting international capital

The share of foreign investors in the Nordic property market is expected to remain record high in 2018. All countries are performing well, the local currencies are cheap and the price drop in the Stockholm housing market creates new opportunities, according to the new report Pangea Property Outlook 2018.
Tuesday, 13. February 2018

Aberdeen Standard Investments and Huone Events Hotel collaborate in Helsinki

Events hotel chain Huone International and Aberdeen Standard Investments have signed a collaboration contract whereby Huone provides the office premises owned by a fund managed by Aberdeen with reception, restaurant, meeting, and event services at an office property on Malminkatu in Kamppi, Helsinki. This is a significant ini...
Friday, 9. February 2018

Northern Horizon exits its second care home fund in €141 million deal

In a transaction signed and closed on Thursday 8 February 2018, Northern Horizon has sold its Healthcare II fund to a fund managed by Evli. The transaction values the fund's 30-asset Finnish portfolio at €140.8 million. The exit of Healthcare II, a fund launched in December 2013, delivers a net IRR of approximately 29% and an...
Thursday, 8. February 2018
Genesta acquires a 66,680 sqm logistics property in Juvanmalmi

Genesta acquires a 66,680 sqm logistics property in Juvanmalmi

Genesta acquires the 66,680 sqm logistics property Juvan Teollisuuskatu 25, Espoo, on the behalf of its fund GNRE Fund II. The seller is a fund managed by J.P. Morgan Asset Management. The property is located in Juvanmalmi, one of four major logistics and warehouse areas in Helsinki. The area is less than a three-hour drive f...
Tuesday, 6. February 2018

Corum Asset Management aquires a retail asset in Lahti

Corum Asset Management announced its third purchase in Finland. The asset manager has, on behalf of its fund Corum Convictions SCPI, acquired the old bus station at Jalkarannantie 1 in central Lahti that is undergoing a retail conversion. The asset is now being fully refurbished and will be completed during the spring of 2018...
Monday, 22. January 2018

Sponda to open a new MOW hub in Tampere

Sponda's coworking concept MOW (Mothership of Work) is expanding as investment company opens a new coworking space in the Ratina shopping centre in Tampere in autumn 2018. The coworking space will be established in the former Autotuonti building that will be completely renovated. This functionalist building will have a direct...
Wednesday, 17. January 2018