The Record Level of Sale-and-Leaseback Deals in Finland

Finland Finland — Tero Uusitalo, Head of Capital Markets, JLL Finland, on the recent Skanska deal in Espoo, the attraction to the area, the international driven Finnish market, and what segments that will boom in the country.

Skanska Purchases Development Property in Espoo

Finland Finland — Skanska has acquired a development property in Espoo. The seller is MSD Finland Oy and the investment amounts to EUR 23M, about SEK 230M.

Schroder Nordic Real Estate Makes Divestment to Altaal

Finland Finland — The Schroder Real Estate Kapitalverwaltungsgesellschaft mbH on behalf of the Schroder Nordic Real Estate Fund, is today announcing the sale of an office property in Helsinki. The office building has been acquired by Swedish alternative investment firm Altaal.

Kojamo Company Establishes Wooden Buildings in Espoo

Finland Finland — Two wooden apartment buildings are being built in Nöykkiönlaakso, Espoo. For these buildings, sustainability was already taken into account when making investment decisions and, above all, from the perspective of the overall resident experience.

“One of the Winning Growth Cities in Finland”

Finland Finland — Petri Valkama, Partner at NREP Finland, on the residential investment in Espoo; the requirements, the attraction to the city, and future investment targets across Finland.

Pohjola Divests Residential Projects to EQ

Finland Finland — Special investment fund eQ Finnish Residential acquires four residential projects from construction company Pohjola Rakennus Oy for EUR 71 million.

Elite Alfred Berg on the Finnish Transaction Comeback

Finland Finland — Jaakko Ristola, Head of Real Estate Investment Management at Elite Alfred Berg: “More investors seem to look at the market actively now.”

Paulo Foundation Sells Care Properties

Finland Finland — Paulo Foundation sells two care properties in the City of Espoo and in the City of Vantaa. The buyers are a group of private investors.

Peab Creates Office Building in Espoo

Finland Finland — Peab has been commissioned to build an office building for Niam Oy on the Life Science Center block in Keilaniemi in Espoo. The contract is worth EUR 20 million.

NREP Purchases Metsä HQ in Espoo

Finland Finland — NREP has acquired Metsä Group's head office property in Tapiola, Espoo.

Benefits of Establishing in Espoo

Finland Finland — HGR Property Partners’ CEO Kari Helin: “The city of Espoo has strongly invested to the infrastructure of the city.”

SRV to Extend Open Innovation House Property in Espoo

Finland Finland — SRV is starting up the construction of an extension to the Open Innovation House property in Otaniemi, Espoo. SRV’s share of the contract signed with special investment fund eQ Hoivakiinteistö is about EUR 25 million.

Regenero Acquires Office Building in Espoo

Finland Finland — Regenero Oy, a joint venture of YIT and property development company HGR Property Partners, has acquired the Niittyportti 4 office property in Espoo.

The Insurance Company’s Performance During the Pandemic: “We Weathered the Storm”

Finland Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma, on the major divestment to Morgan Stanley, a summary of Varma's 2020, and investment targets for 2021.

Why Elite Alfred Berg Target Southern Espoo

Finland Finland — Jaakko Ristola, Head of Real Estate Investment Management at Elite Alfred Berg, on the retail acquisition in Espoo, and futue investment targets.

Sato to Develop Planned Lasihytti Residential Area by Train Station

Finland 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.

EAB's Fund Acquires Retail Property in Espoo

Finland 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.

Lehto to Construct 392 Apartments for Kojamo

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

Aktiivitilat Acquires Two Commercial Properties in Espoo

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

Avara's Fund Develops 180 Rental Apartments in Espoo

Finland 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.

Veritas and Espoon Asunnot Develop 195 Rental Apartments in Espoo

Finland 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.

The Demands in the Care Sector: “Innovative Solutions Are Needed”

Finland Finland — Construction giant YIT’s Executive Vice President, Business Premises segment, Tom Ekman, tells Nordic Property News about the JV project in Espoo and effects on the construction market in Finland, due to the corona crisis.

The Groundbreaking Project in Finland’s Number Two

Finland Finland — Finland’s first geothermal local heating network is being planned for the development area in Espoo. “This project is unique.”

Peab Builds Apartments in Espoo for Kojamo

Finland 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.

NCC and Taaleri to Construct New Apartment Blocks Outside Helsinki

Finland 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.