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YIT will expand and renovate Huhtamaki’s production, storage and business premises in Hämeenlinna. The customer in the project is NREP Logicenters, a Nordic developer and owner of modern logistics properties. The turnkey contract includes a new building of around 15,000 square metres and the renovation of 2,700 square metres ...
SRV and Antilooppi have signed an agreement on the renovation and modernisation of the historical office property located at Ruoholahdenkatu 21 in Kamppi, Helsinki. The work is scheduled to be completed in the fall of 2019. The final contract price is not disclosed. Ruoholahdenkatu 21 has seven floors and a total of 10,000 sq...
Renger Investment Management (RIM) continues its cooperation with Corum Asset Management in its expansion into the Nordic real estate market. Corum AM has, on behalf of its fund Corum Convictions SCPI, acquired a portfolio of 6 hotel assets across Finland. Vendor is CapMan Hotels RE Ky.
NCC is purchasing a property from ICA Fastigheter with approximately 50,000 square meters of development rights for offices, retail and a hotel. NCC has also signed 15-year leases for approximately 20,000 square meters. The property is located adjacent to the Bromma Blocks shopping area at the entrance to Bromma Airport.
Wihlborgs has signed an agreement for the acquisition of the Nya Vattentornet 3 property in Lund with a lettable area of 21,700 m², comprising primarily office space. The property is located in the Ideon area in Lund and, in addition to offices, also encompasses a multistorey car park with 600 spaces and development rights fo...
M&G Real Estate has appointed Sigvard Svefors, who has joined as an Asset Manager at M&G Real Estate’s Stockholm office, working alongside Thorsten Slytå, Director of Nordic Region, who established the M&G Real Estate’s Nordics office in August 2016. With previous experience leading acquisitions and divestments at real estate...
Union Investment has sold an approximately 6,600 sq m logistics centre in Helsinki to VVT Property Fund I Ky. The property is located at Tikkurilantie 136 in Vantaa, a district close to the airport. It was fully let on a long-term lease to the Dayton Group at the time of sale. The parties agreed not to disclose details of the...
NCC and Platzer are beginning construction on an office and hotel project in the Gårda district in connection with the detailed development plan now entering force. In parallel, leases have been signed with ESS Group regarding a hotel concept with the ambition of creating a unique new destination for visitor experiences and n...
At its meeting in Göteborg, the EPF Managing Committee elected Liviu Tudor, CEO of Genesis Property and President of the Romanian Association of Building Owners, as President of EPF. Tudor, who created organised Romanian real estate and brought it into EPF, takes over at a time of EU consolidation and expansion in South East ...
As announced previously, Caroline Arehult was appointed as new CEO of Hemfosa. She takes office on September 14, 2018 and succeeds Jens Engwall who will focus on his role as CEO of Nyfosa AB.
Radisson Hospitality AB to announce the signing of the Park Inn by Radisson Oslo Airport Hotel West. Located near a critical hub of international travel, the hotel brings the group's portfolio in Norway to 24 hotels and more than 6,000 rooms in operation or under development. The Park Inn by Radisson Oslo Airport Hotel West i...
Today, 13 September 2018, D. Carnegie & Co has convened an extraordinary general meeting in order to change its trade name from D. Carnegie AB (publ) to Hembla AB (publ). Through the proposed name change, the company wants to further emphasize the core of its business model. The name is intended to clarify the company’s orien...
Veli Huotari has been appointed as Senior Vice President of Realia Isännöinti and a member of Realia Group's Executive Management Team. Huotari will transfer to Realia Isännöinti from his post as Managing Director of Certego Oy, a subsidiary of Assa Abloy Group, and will begin working in his new role by the end of the year. H...
As a part in Balder’s investment in Backaplan they have now acquired a commercial property consisting of 9,000 sqm of existing space and future office construction rights of approximately 21,000 sqm. „This acquisition strengthens our involvement in Backaplan even more. It feels really good that we now have such a strong portf...
Victoria Park has signed new leases with the City of Malmö and two private healthcare operators to create Lindängen’s family health clinic. The agreement, which took place on 1 August, extends for five years and comprises a total of 700 square metres. The total annual rental value is about c. €110,000 (SEK 1.2m).
Pangea Property Partners has strengthened its team with a number of new hires so far this year, consolidating its position as the leading corporate finance and transaction advisory firm focused on the Nordic property sector. Over the past months, the company has recruited six new staff members, four in Stockholm and two in Oslo.
The performance of the Trevian Finland Properties I mutual investment fund, a special investment fund investing in Finnish real estate, has exceeded the goals and expectations set for the fund for the first half of 2018. The size of the fund, managed by Trevian Funds AIFM, has now grown to over €100 million.
Hyper Island has signed a green rental agreement for 2,000 sqm in Fabege's Trikåfabriken 9 property in Hammarby Sjöstad. The green agreement has a duration of seven years and has an average rent of c. €305.8 (SEK 3,200 per sqm). Hyper Island will move into its new premises on 1 July 2019. In addition, Fabege in cooperation wi...
