”Our Ambition is to Become One of the Major Property Owners in Helsinki”


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Why the Finnish Transaction Volume is Decreasing

Finland Finland Finland continues to be smoking hot on the real estate market. Despite this, the transaction volume has decreased by 48 percent compared to the first half of 2017. Mikael Söderlundh, Head of Research at Pangea Property Partners, tells Nordic Property News why the numbers are decreasing despite a continuously attractive market.


Technopolis Invests EUR 25M in Campus Expansion in Oulu

Finland Finland Technopolis has decided on a EUR 25M investment to expand its CBD campus in Oulu. Construction work is scheduled to start in July 2018, after receiving a building permit. The project is due for completion in March 2020. 

JM Acquires Property in Espoo

Finland Finland JM is acquiring a centrally located school property in Leppävaara, Espoo, in the Greater Helsinki area. The property’s detailed plan has gained final approval for 850 apartments.

Skanska Constructs Metro Station for EUR 51M

Finland Finland Skanska has signed a contract with Länsimetro Oy to build a metro station in Kivenlahti. The contract is worth EUR 51 M.

Peab Builds High-rise in Esbo

Finland Finland Peab has been commissioned to build a high-rise in the city of Esbo. The customer is the state-owned rental company A-Kruunu and the contract is worth EUR 15M.


Why Cromwell Choses Finland over Sweden

Finland Finland After purchasing the Omega portfolio together in 2017, Cromwell and Goldman Sachs continue to do business together in Finland. They now purchase 27 properties from IVG Polar for EUR 108.5 million. Tomas Beck, Head of Nordics at Cromwell, tells Nordic Property News about the significance of the acquisition, the hunt for more investments in Finland and why he currently has a hard time seeing Sweden as an attractive investment alternative.

Castellum Enters Finland with EUR 81M Acquisition

Finland Finland Castellum has acquired a substantial property in central Helsinki from Skandia, thereby establishing itself as a major player in a new attractive market.

Nordisk Renting in Office Investment in Vasa

Finland Finland Nordisk Renting and Wärtsilä Finland Oy has signed a lease regarding an office complex in Vasa constructed by Oy Vaasa Parks Ab.

YIT to Construct New Hotel in Turku

Finland Finland YIT, Rausanne Oy and Turun Osuuskauppa (S Group, Turku Cooperative Society) together have agreed to construct a new hotel in Kupittaa, Turku. The value of the transaction is approximately EUR 30M. The project will be entered in the order backlog for the second quarter of the year.

NCC Constructs Office and Retail Complex in Tampere

Finland Finland NCC is to construct an office and retail complex next to Ratina shopping center in Tampere. The customer is Sponda Plc and the value of the project is approximately EUR 25M.