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).

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.

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

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.

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.

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.  

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.

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.

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.

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.

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.

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.

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.

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

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

Finland — YIT starts the construction of an apartment building project in Vermonniitty, Espoo, in Finland.

Finland — Bonava is selling a rental project in Espoo, Finland, to the investor Ice Capital Housing Fund IV Ky. The project comprises 78 rental apartments in a single property.

Finland — YIT starts the construction of apartment building projects in Kuninkaantammi, Helsinki and Mankkaa, Espoo. The combined value of the projects is approximately EUR 25M and each project will comprise approximately 50 apartments.

Finland — Alma Property Partners I AB, a fund managed by Alma Property Partners, has acquired four office properties in the Keilaniemi office area in Espoo, Finland.

Finland — CapMan Real Estate I fund has sold the Entresse shopping centre in Espoo Centre, Finland, to a fund managed by Barings Real Estate Advisers.

Finland — Lumo Kodit Oy, in cooperation with Peab, is building apartments at Koivu-Mankkaantie 1b in Espoo. The privately financed rental accommodation consists of one-, two-, and three-bedroom apartments.

Finland — Valad Europe, part of Cromwell Property Group, and Goldman Sachs have acquired the Omega portfolio comprising 22 properties in Finland.

Finland — The property investment company Sponda Plc has sold a property in Helsinki and a plot of land in Espoo.