Sagax Acquires Portfolio in Finland

Finland Finland Sagax has acquired a property portfolio of 50,000 sqm lettable area and 627,000 land from Varma. The transaction price is MSEK 219 (EUR 22.5M).

2017-05-31

Share via e-mail

The property portfolio consists of 53 properties with tenants in machine rental, motor vehicle inspection and wholesale. The annual rental value amounts to MSEK 28 (EUR 2.9M). The remain lease on average is 3.4 years and the occupancy rate is 98 percent.
 




Axel Ohlsson
axel@nordicpropertynews.com
fastighetssverige.se




Office Property Sold in Helsinki

Finland Finland A property company owned by YIT Ahlström Capital and HGR Property Partners has signed a contract on the sale of the Kasarmikatu 21 office property to an international investor.


K/S Lahti Sells Retail Property

Finland Finland K/S Lahti has sold a retail property in Lahti to VVT Property Fund I Ky, a property fund managed by VVT Kiinteistösijoitus Oy.

Niam Recruits in Finland

Finland Finland Niam strengthens their Helsinki office with a Senior Director.

Barings Buys Housing in Finland

Finland Finland Barings Real Estate Advisers announces that it has acquired a EUR 43M portfolio of seven residential properties in Finland from Varma. Following this acquisition, Barings’ first in the residential sector in Europe, the firm now manages more than EUR 844M of real estate assets in the Nordics.

Capman Exits Two Office Buildings in Helsinki

Finland Finland Real estate funds managed by Capman have sold two office buildings located at Elimäenkatu 9 and 15 in Vallila, Helsinki, to Areim Fund III.


Blackstone Takes Over Sponda

Finland Finland Blackstone and Areim now control 98,8 percent of the shares in Finnish Sponda.

Sagax Buys 18 Properties in Finland

Finland Finland The seller is Jykes Kiinteistöt Oy and the total price amounts to about EUR 32M.

Unique Indoor Beach to Mall in Helsinki

Finland Finland Tripla, the urban centre opening in autumn 2019 in Pasila, Helsinki, will host a globally unique concept, which combines surfing, an indoor beach, and a 26-degree temperature around the year.

Skandia Fastigheter Launches and Invests in Finland

Finland Finland Skandia Fastigheter enters the Finnish market, through the acquisition of Salmisaarenaukio 1, an office property in Helsinki. The company's plan is to grow further in Finland.

AXA Acquires Four Residential Properties from Local Tapiola

Finland Finland Local Tapiola General Mutual Insurance Company has sold a portfolio of four residential properties with a total of 119 apartments and a lettable area of 6,648 sq m to AXA IM.