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.

Kojamo Acquires Condominium Matinkylän Forma from Hausia

Finland Finland — Kojamo company starts construction of apartments in Espoo.

Site Fund Acquires Property from Private Owner in Espoo

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

DWS Acquires Espoo Property from Regenero

Finland 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.

Peab Builds Office Building and Hotel in Keilaniemi

Finland 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.

NCC's Espoo Plans: ”A Unique Innovation Cluster”

Finland Finland — Yirui Jiang, Head of Division, NCC Property Development, on the future of the Keilaniemi district in Espoo and the "burning" questions on the Finnish property market.

This Is the Main Focus of the German Investor

Finland Finland — Nicholas Brinckmann, Speaker of the Board and Managing Director at Hansainvest Real Assets: ”This area is of immediate interest to our transaction team.”

NCC Signs Lease with Fiskars Group in Espoo

Finland 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.