Northern Horizon Still Hot for the Care Home Market


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Wereldhave Sells Itis for EUR 516M and Exits Finland

Finland Finland Wereldhave sells the shopping center Itis in Eastern Helsinki to a fund advised by Morgan Stanley Real Estate Investing for EUR 516M. With the divestment Wereldhave exits Finland.


SRV to Build Extension on S Group's Logistics Centre in Sipoo

Finland Finland SOK has selected SRV as the main contractor in an extension project for Finland’s largest daily consumer goods logistics centre.

Stockmann to Sell Nevsky Centre

Finland Finland Stockmann plc has signed an agreement to sell its Nevsky Centre shopping centre property in St. Petersburg, Russia, to PPF Real Estate for a purchase price of EUR 171 million.

Finland's First Business Park Spektri to be Unified

Finland Finland Spektri Kiinteistöt Ky, company established by the current owners of Finnish business park Spektri – Mutual Pension Insurance Companies Ilmarinen and Varma, together with the Helsingin Seurakuntayhtymä, and Yle Pension Fund – has acquired the real estate company Kvartti of Spektri. Trevian will manage the business park and acted as an advisor in the acquisition.

Blackrock Makes Second Finnish Purchase

Finland Finland Blackrock has completed their second Finnish purchase and acquired the landmark building located at Erottajankatu 2 in Helsinki.


"Foreign Investors Will Keep Being Quite Active"

Finland Finland Last week NCC sold an office building in Helsinki to Swiss Life and keeps the pace up on the Finnish market. Petri Bergström, Head of NCC Property Development Finland, tells Nordic Property News of the divestment, what next for NCC PD and how he believes the foreign interest in the Finnish market will develop.

Union Investment on Major Helsinki Purchase

Finland Finland Union Investment keeps the activity up on the Finnish market. After recently divesting two properties the German company made a massive acquisition by purchasing the Urban Environment House for EUR 165M. Kubilay Özbisikletci, Senior Investment Manager Nordic Region at Union Investment Real Estate, tells Nordic Property News of the acquisition and his view of the Finnish market.

Tradeka Sells Hotel Properties

Finland Finland Tradeka has sold three hotel properties to two different buyers: Investors House and a privately owned Finnish real estate investment company.

Trophi Acquires in Finland

Finland Finland Trophi acquires two properties totaling 4,000 sqm located in Kalajoki and Nivala.

Mrec IM's New MD on Focus Areas and Future Vision

Finland Finland Mrec Investment Management has appointed Tomi Grönlund as new Managing Director. The new MD tells Nordic Property News of Mrec IM’s strategy going forward, what he will bring to the company, his view of the Finnish real estate market and which cities Mrec IM will focus on.