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ARTICLES TAGGED WITH "Espoo"

Skanska Constructs Shopping Center in Espoo for Citycon

Finland 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.

The Keys to Successful Shopping Centers

Finland Finland — The new Lippulaiva shopping center will open in Espoo in 2022. Citycon’s Chief Development Officer Erik Lennhammar tells Nordic Property News on the characteristics of the mall and how Citycon cooperate with the tenants to step up their business.

Regenero and If Signs Office Lease Agreement in Keilaniemi

Finland 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.

Elite Alfred Berg Acquires Office Property in Espoo

Finland 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.

“A Healthy Level of Activity in the Property Investment Market”

Finland Finland — Ville Raitio, CIO at Kojamo, tells Nordic Property News about the large residential project in the Helsinki region and why residential investments remains attractive.

“This Is Another Hotspot for Office Occupiers”

Finland Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma, tells Nordic Property News about the acquisition from NCC, the benefits of Leppävaara in the Espoo area and he gives an update on the blockbuster shopping center merge in Vantaa.

NCC Sells Office Project to Varma

Finland Finland — NCC has signed a long-term lease for approximately 10,000 square meters with the company Trimble Solutions Corporation in a new office project at Hatsina in Espoo, Finland. NCC has also signed an agreement with pension insurance company Varma to sell the project when completed.

Elite Alfred Berg's Fund Acquires Office Property in Espoo

Finland Finland — Elite Finland Value Added Fund II Ky has bought an office property from Fortum Power and Heat Oy.

Where Regenero Is Looking for Future Investments

Finland Finland — HGR Property Partners’ CEO Kari Helin tells Nordic Property News about the joint venture Regenero with building giant YIT, the divestment in Keilaniemi and upcoming investments.

Hemfosa Purchases Office Portfolio in Espoo and Helsinki

Finland Finland — Hemfosa has acquired an office portfolio, with a majority of community services sector tenants, at an underlying property value of approximately MSEK 465 (MEUR 46).

The German Benefits in Finland

Finland Finland — DWS Group’s Vice President Martin Weikamp tells Nordic Property News about the background of the large residential investment in Finland, why the deal was a milestone for DWS and upcoming investments in the Nordic region.

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.

YIT and Are to Build Metro Station in Espoo

Finland Finland — A consortium formed by YIT, Are and Länsimetro Oy have signed an agreement on the construction of the Soukka station on the West Metro line in Espoo. The value of the contract is approximately EUR 50M, whereof YIT’s share is approximately EUR 35M.

YIT Lands Deal in Espoo

Finland Finland — YIT has entered into an agreement with the City of Espoo, on the construction of the Karhusuo school centre’s phases 2 and 3.

YIT and HSY Signs Deal in Espoo

Finland Finland — YIT and Helsinki Region Environmental Services, HSY, have signed an agreement on the construction of a new underground wastewater treatment plant in Blominmäki, Espoo. The project will be carried out as a project management contract and its value is approximately EUR 206M.  

Regenero Signs Tenant Agreement in Espoo

Finland Finland — Regenero, a joint venture formed by YIT and HGR Property Partners, has signed an agreement with the City of Espoo to lease premises in the Tietotie 6 office property in Otaniemi, Espoo.

Sato Sells Hotelhomes to Forenom

Finland Finland — Sato sells all the shares in Sato Hotelhome Ltd to Majoituspalvelu Forenom Oy. There are a total of 195 furnished Sato Hotelhome apartments, with most of these in central locations in Helsinki's Kamppi and Kruununhaka districts and in Tapiola, Espoo.

Regenero Signs Large Deal in Keilaniemi

Finland Finland — Regenero, a joint venture formed by YIT and HGR Property Partners, has signed an agreement with Accountor Holding Oy to lease office spaces in the high-rise building in Keilaniemi, Espoo, to be renovated.

Genesta Aqcuires Large Logistics Property in Espoo

Finland Finland — Genesta acquires the 66,680 square meter large logistics property Juvan Teollisuuskatu 25, Espoo, on the behalf of its fund GNRE Fund II. The seller is a fund managed by J.P. Morgan Asset Management.

Peab to Build Apartments in Espoo 

Finland Finland — Peab and Kojamo Group’s Lumo Kodit are building 135 Lumo rental apartments in Espoo. The property is located at Uuno Kailaan katu 5 in Leppävaara.

Hemsö Acquires Nursing Home and Preschool in Espoo

Finland Finland — The acquisition is being carried out under the framework agreement signed with YIT in June 2016. The purchase price amounts to approximately EUR 13M.

YIT Starts the Construction of New Apartment Buildings

Finland Finland — YIT starts self-developed apartment building projects with the value of approximately EUR 45M in total. Three out of four projects are located in Finland.

Sato Buys 150 Apartments

Finland Finland — Sato has bought residential properties from Veritas Pension Insurance located in Espoo, Vantaa and Turku.

Bonava Sells in Espoo

Finland Finland — Bonava is selling 119 rental apartments in Perrkka, Espoo, to the investor OP-Rental Yield.