Finland — SATO Corporation has concluded a preliminary contract to acquire three plots located in the Lasihytti area south of the train line in the Kauklahti district of Espoo. Currently an industrial area, Lasihytti is now subject to a town plan amendment that would turn it into an urban residential area, complete with amenities, for around 4,000–5,000 residents.

Finland — Elite Finland Value Added Fund II Ky, managed by Elite Alfred Berg, has continued to increase its property portfolio by acquiring a retail property in the Friisilä area in Espoo.

Finland — Kojamo and Lehto agree on the construction of 392 apartments in Helsinki and Espoo.

Finland — Finnish property investment company Aktiivitilat has bought two commercial properties in separate transactions in the Koskelo district in Espoo.

Finland — Avara Residential Fund II develops four residential buildings in the Suvela district in Espoo. The buildings will comprise 180 rental apartments and the investment value of the project amounts to some EUR 40 million.

Finland — Veritas Pension Insurance and Espoon Asunnot develop seven residential buildings, comprising a total of 195 rental apartments in the Niittykumpu district in Espoo. The main contractor of the project is Lujatalo Oy.

Finland — Peab has been commissioned to build 137 apartments on Uuno Kailas Road 4 in Espoo for the Kojamo Group. The contract is worth EUR 15 million.

Finland — NCC and Taaleri Real Estate Fund are to construct three new apartment blocks in Espoonlahti, outside Helsinki, an area undergoing extensive development. In total, there will be 218 apartments of various sizes, and the order value amounts to EUR 41 million.

Finland — Kojamo company starts construction of apartments in Espoo.

Finland — A private owner has divested the office property in the address Laturinkuja 6 in the Vallikallio area in Espoo.

Finland — YIT’s and HGR Property Partners’ joint venture Regenero has completed the sale of Accountor Tower in Keilaniemi, Espoo to a fund managed by DWS following an agreement signed in August 2019. The parties have agreed not to disclose the purchase price.

Finland — Peab has been commissioned to build an office building and a hotel in Keilaniemi in Espoo, Finland, in Miestentie 5. The contract is worth EUR 38 million.

Finland — NCC has signed a long-term lease with Fiskars Group, which will be moving its head office to NCC’s “Next” project in Espoo, Finland in early 2022. Fiskars Group will be leasing the entire property of approximately 10,000 square meters.

Finland — Hansainvest Real Assets has sold a light industrial and warehouse property located in the Koskelo light industrial area in Espoo outside Helsinki.

Finland — Skanska has signed a contract with Citycon Oyj, a leading owner, manager and developer of urban shopping centres in the Nordic and Baltic region, to construct the Lippulaiva shopping center in Espoo, Finland. The contract is worth about EUR 170 M, about SEK 1.8 billion.

Finland — Espoo Property developer Regenero and Insurance company If Vahinkovakuutus Oyj have signed a 8,800 sqm long-term office lease agreement in the Keilaniemi district in Espoo.

Finland — Ilmarinen Mutual Pension Insurance Company has sold an office property in the Leppävaara district in Espoo to Elite Finland Value Added Fund II Ky.