News | Nordic Property News

ARTICLES TAGGED WITH "Finland"

The top transactions in Finland during 2023

Finland — The transaction market was slow in the Nordics during 2023, but a number of big deals were still made. With the help of figures from Colliers Nordics, Nordic Property News presents the largest transactions made in Finland during 2023.

YIT closes down the operations in Sweden

Finland — YIT has completed the strategic review of its infrastructure business in Sweden and chosen to close down the operations in Sweden.

"Most Investors See no Insecurity with The Proximity to Russia"

Finland — NREP's CIO and partner Jani Nokkanen looks at the pros and cons as well as the hot and weak segments of the Finnish real estate market.

Meager Start to the Finnish Transaction Year

Finland — The Finnish transaction market began to slow down in Q3 2022 and so far in 2023, activity has been sparse with a transaction volume of a paltry 300 million euros. For the full year 2022, the Finnish market reached a volume of 7.2 billion euros. Hanna Kaleva at KTI tells more about the Finnish real estate year 2022 and the outlook for 2023.

The Hottest and Coldest Property Segments in Finland

Finland — Nordic Property News presents the hottest and coldest segments on the Finnish real estate market for 2023, according to Colliers.

Colliers Predicts a Tough 2023 – This Is When Fortunes Can Turn Around

Nordic — The consulting and advisory giant Colliers sees a challenging 2023 ahead with a continued pending transaction market, turbulent financing market and unclear outlook for interest rates and inflation. But there is light further down the tunnel, that's what head analyst Mikael Söderlundh and CEO Bård Bjølgerud said during a digital presentation that was held on Wednesday. Nordic Property News gives you more details.

After the Major Deal in Norway: Here Are Pareto’s Next Investment Targets

Nordic — Stefan Gattberg, Head of Investment Banking and Project Finance at Pareto Securities, on which country they prefer to invest in, the availability of capital and when the next big deal is happening.

The American Giant’s Nordic Acquisitions

Nordic — Nordic Property News lists Blackstone’s largest purchases in the Nordics, the last years.

Why the Nordic Investment Boom Continues

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, tells Nordic Property News about the latest investment trends in the Nordics and explains why there is a shifting from the commercial to the residential sector and what can become an obstacle for investors in the future.

Why Housing Outside Sweden Is Excluded for SBB

Nordic — SBB's CEO Ilija Batljan tells Nordic Property News about the benefits of growing in Finland and why they will never invest in housing on any other market than the Swedish.

“We See Lots of Potential in All Nordic Markets”

Nordic — Ruby Hotels has already secured its first project in the Nordics as the German hotel chain will establish a new hotel in Helsinki. CEO and founder Michael Struck tells Nordic Property News about the benefits in Finland and the future plans in the Nordics.

“That Year was a Sad Story”

Nordic — 2018 was another great year for Bonava. Three stabile markets in the Nordic Region and now they are bouncing back in Finland after an earlier EBIT struggle.

Castellum's Plans for Finland

Finland — The Swedish giant showed strong results in their financial statements. Now they plan on conquering the Finnish market. CEO Henrik Saxborn tells Nordic Property News why they chose to establish a business in the country, which segment applies, and what the acquisition plans look like.

Another Record Year for Property Transactions in Finland

Finland — Finland’s real estate investment market remained exceptionally active until the end of 2017. As a result, a record-high transaction volume was achieved for the second year in a row. This time, the new record came to around EUR 10 billion, which was driven by a few major deals and strong demand by international investors. This according to the Catella Market Indicator.

KTI: Transaction volume reached new annual record

Finland — According to the statistics of KTI, the transaction volume in the Finnish property market has reached a new annual record level.

Alma and Avant Acquire Shopping Center

Finland — Avant Capital Partners and Alma Property Partners acquire a 30.000 sqm shopping center in Oulu, Finland.

NCC Sells Share of Finnish Project Company to Citycon

Finland — NCC has sold its share of the Matinkylä Shopping Center project in Espoo, Finland, to its business partner Citycon. The purchase price for NCC’s portion of the jointly owned project company is approximately SEK 750 M (€79 M).

Technopolis to Expand Ruoholahti Campus

Finland — Technopolis will invest EUR 33.2 million in the expansion of its Ruoholahti campus in Helsinki. The expansion is due for completion in July 2018.   “This investment is an important part of our growth strategy in the Helsinki metropolitan area”, says Keith Silverang, CEO of Technopolis.

KTI: Transaction Activity Remains High in Finland

Finland — According to the preliminary statistics of KTI, transaction volume in the Finnish property market amounted to almost EUR 2.6 billion during January-May. The volume was approx. 15 percent higher than in the corresponding period last year (approx. EUR 2.2 bn).

Peab Builds Extension of Hospital in Hyvinge in Finland

Finland — Peab has been commissioned to build an extension of Hyvinge Hospital north of Helsinki in Finland. The value of the contract is around EUR 31 million.  

They Develop Finland's Largest Shopping Mall

Finland — YIT, Etera Mutual Pension Insurance Company, Onvest Oy and Fennia Mutual Insurance Company have all signed the agreement to implement the Mall of Tripla and its parking facilities as a joint venture. Mall of Triples will be built at the station of Pasila in Helsinki.

Ilmarinen Develops 200 Rental Apartments

Finland — Pension insurance company Ilmarinen has signed an agreement with construction company Lujatalo on developing 200 rental apartments in Espoo and Vantaa.

KTI: Office Rents Decreasing – Residential Rents Continue Increasing

Finland — Negative development of office rents has continued especially in the Helsinki region. The KTI office rent index for Helsinki CBD decreased by 1.1 per cent during the last 12 months and the median office rent in the Helsinki CBD decreased by more than one euro to 26.4 €/sqm/month.

Hemsö Acquires Retirement Home in Finnish Esbo

Finland — Hemsö acquires a property under construction in Esbo. The property is intended for a retirement home and rental units. The tenant for the retirement home will be the operator Mainio Vire, with a 15-year lease. The investment amounts to a total of about €29 M (MSEK 272).

Q1 Transactions Volume Reached Almost EUR 1.8 billion

Finland — According to the KTI's statistics, the transaction volume of the first quarter of the year amounted to approx. EUR 1.77 billion in the Finnish property market.