Lemminkäinen and Ilmarinen Mutual Pension Insurance Company have signed an agreement on the renovation of a high profile property at Mikonkatu 9 in central Helsinki, Finland.
Agore Kiinteistöt Ky, a joint venture established by Elo Mutual Pension Insurance, Första AP-fonden and Trevian Assey Management Oy, has made its first aquisition.
Varma and Bonnier Books Finland have signed a long-term lease agreement on the premises located at Lönnrotinkatu 18 in Helsinki. Bonnier will move into the newly renovated loft-inspired premises in September 2017.
The closing of the agreement to implement the hotel for YIT’s Tripla project in Central Pasila, Helsinki, Finland has been secured after the conditions for the agreement were met.
Antilooppi acquires Itämerenkatu 3 office property in Ruoholahti from YLE Pension Fund for EUR 28.7M in an off-market transaction.
Nordika has acquired three office properties in Helsinki from Varma and Tristan Capital. The properties were part of a larger portfolio that Tristan Capital acquired from Varma at the end of December 2016. German bank Helaba financed the acquisition.
Catella was the advisor in sale of the property holdings of Minerva Palveluasunnot II.
Nordika has purchased three office properties in Helsinki from Varma and Tristan Capital.
Balder has entered into a binding agreement with Tradeka-sijoitus Oy to acquire the Holiday Inn Helsinki - West Ruoholahti hotel property for EUR 39M. The transaction is expected to close in early July 2017.
Minerva Palveluasunnot II Ky, managed by Minerva-yhtiöt, has sold a portfolio consisting of four supported living properties to Nordea Life Assurance Finland Ltd. Catella acted as the seller’s advisor.
Varma and SOK have signed a new long-term lease agreement on the rental of office space in Ässäkeskus, SOK’s head office located in Vallila, Helsinki. SOK’s head office has been in the same premises since 1991.
Genesta has sold the office property Atomitie 5 located in Helsinki on behalf of Genesta’s fund GNBRE (Genesta Nordic Baltic Real Estate). The property was acquired by Areim Fund III.
SRV will construct 528 rental housing units for Localtapiola in the Helsinki metropolitan area, Turku and Jyväskylä.
Skanska has signed a contract with the City of Helsinki for the renovation of the Olympic Stadium in Helsinki, Finland. The contract is worth EUR 156M.
Scandic will open a new hotel at Helsinki Airport in early 2018.
Genesta acquires the 11,200 square metre large landmark office property Hämeentie 11 located in Sörnainen, Helsinki, on behalf of its fund GNRE Fund II. The seller is a fund managed by JP Morgan Asset Management.
Trevian Asset Management’s two Retail Sector Property Funds, Trevian Retail Fund I and Trevian Retail II, have sold six retail properties to Sirius Fund II.
Sato has bought 17 rental homes in Kallio, Helsinki. The apartments are studios and one-bedroom homes.
Valad Europe, part of Cromwell Property Group, and Goldman Sachs have acquired the Omega portfolio comprising 22 properties in Finland.
The property investment company Sponda Plc has sold a property in Helsinki and a plot of land in Espoo.
Trevian Care II Ky, a real estate equity fund managed by Trevian Asset Management Oy, has sold a portfolio comprising of 11 care property assets to a fund managed by AXA Investment Managers – Real Assets.
Sato has bought 113 rental homes from a fund managed by Patrizia and sold 294 rental homes to Municipal Housing Ltd (KAS).
NREP has acquired a 5,900 square meters modern multi-tenant office building in Aviapolis close to the Helsinki airport.
Hansainvest Hanseatische Investment-GmbH has acquired an office building under construction in Helsinki for one of its special funds. The property at Ilmalantori 3 will measure around 11,600 square meters in total once completed; the purchase price is about EUR 50 million.
On behalf of Warburg-HIH Invest, TH Real Estate has sold an office property in Helsinki to eQ Finnish Real Estate, a Finnish property fund managed by eQ Asset Management. The purchase price amounts to approximately EUR 21 million.