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Northern Europe

lkka Tomperi to leave YIT

lkka Tomperi, Executive Vice President, Property Development and a member of the YIT management team will leave YIT to join another company outside of YIT. He will continue in his position until the end of 2022.
Monday, 31. October 2022

Position Green relocates Malmö office to Varvsstaden

Position Green helps companies and organisations to develop their sustainability work and business within the ESG landscape. To meet the increasing demand and offer a meeting place in line with the company’s vision, Position Green is relocating its Malmö office to the new sustainable Varvsstaden district.
Wednesday, 26. October 2022

Helge Krogsbøl succeeds Patrik Hall as Heimstaden's CEO

Patrik Hall has after more than 20 years decided to leave his position and continue as Senior Advisor and member of the Group Investment Committee. Helge Krogsbøl, Heimstaden’s COO, takes over as CEO from 1 Jan 2023.
Wednesday, 26. October 2022

Unsettled mood in Europe’s retail markets

In a tough trading environment, retail markets across Europe have been affected in varying degrees by the direct and indirect impacts of price increases that are being driven by shortages of raw materials and higher energy costs and amplified by the war in Ukraine, which has now been raging for more than six months.
Monday, 24. October 2022

Hemsö acquires hospital in Kouvola

Hemsö has acquired the Kymenlaakso Psychiatric Hospital in Kouvola from Kymsote (joint municipal authority for Kymenlaakso social and health services). Kymsote will continue to run the hospital and has signed a 20-year lease agreement. The investment amount is €13.7 million.
Friday, 21. October 2022

Aedifica invests £13.5m in the construction of a care home

On 14 October 2022, Aedifica acquired ownership of the plot of land. Aedifica’s total investment will amount to approx. £13.5 million. In addition, the Belgian company has announced that six projects completed during Q3 2022. The properties located in the Netherlands, Germany, the UK, Finland and Sweden.
Tuesday, 18. October 2022

Catena signs a new lease agreement with Nowaste Logistics

Catena has signed a seven-year lease with Nowaste Logistics for a recently completed logistics facility with an area of 16,169 m² at Logistikposition Tostarp. The new logistics facility is environmentally certified in accordance with the Sweden Green Building Council’s Miljöbyggnad Silver standard, and solar panels are being ...
Friday, 14. October 2022

Timo Metsälä appointed Property Development Director for Taaleri

Timo Metsälä has been appointed Property Development Director for Taaleri Real Estate. Metsälä moves to Taaleri from the real estate investment company Antilooppi Management, where he worked as Property Development Director. Before that, he worked for a long time at the consulting company WSP Finland in various positions.
Tuesday, 11. October 2022

Nyfosa acquires properties for SEK 411m

Nyfosa has acquired eight properties located in Västervik, Halmstad and Finnish Turku in three transactions. The total acquisition price amounts to MSEK 411 and the total annual rental value is MSEK 38.
Tuesday, 11. October 2022

Cromwell partners with Carlyle to acquire logistics assets

Cromwell Property Group has acquired five logistics assets in the Nordics, spread across three separate transactions. These acquisitions are part of a new value-add investment mandate alongside investment firm Carlyle, targeting logistics assets in Sweden and Denmark.
Thursday, 6. October 2022

Taaleri buys residential development in Turku

Taaleri Rental Home Fund, a fund managed by Taaleri, has acquired two assets to be constructed in Herttuankulma, Turku. The assets include 116 reasonably priced and energy efficient apartments. The construction is set to start in September 2022 with the completion of the buildings in the end of 2023. The assets are being cons...
Thursday, 6. October 2022