Nordika Signs Lease Agreements in Helsinki

Finland Finland — Nordika has signed five new lease agreements in the Takomo Base, located in Pitäjänmäki, Helsinki.

Nordika Opens New Helsinki Office – Recruits Three Persons

Finland Finland — Nordika is establishing its own team and opening a new office in central Helsinki.

Peab to Renovate Helsinki School

Finland Finland — Peab has been commissioned to renovate the upper secondary school Lärkan in Helsinki. The customer is the City of Helsinki and the contract is worth EUR 18 million.

Peab to Renovate Residential Units in Helsinki

Finland Finland — Peab has been commissioned to carry out an extensive renovation of rental apartments for Helsingin kaupungin asunnot Oy (HEKA) in Herttoniemi in Helsinki. The contract is worth EUR 18 million.

Logicenters Expands Presence Near Helsinki – Signs Development Agreement

Finland Finland — Logicenters will develop a state-of-the-art facility of 38,000 sqm in Tuusula, just north of Helsinki, for Alfaroc Logistics Oy. The property is expected to be ready in the third quarter of 2024.

Meager Start to the Finnish Transaction Year

Finland 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.

NREP’s Man in Finland: “We See Opportunities in the Polarized Office Market”

Finland Finland — Joonas Lemström, Director and Country lead, Finland, at NREP, on the market signals during MIPIM, investment targets for the company in Finland, and the strategy on the transaction market.

Reasons Behind Niam’s Major Office Investment in Helsinki

Finland Finland — Niam’s Country Manager Antti Muilu on acquiring Finland’s tallest office tower: “We see that the office demand is improving, but…”

Niam Acquires Office Project – Will Create Finland’s Tallest Office Tower

Finland Finland — Niam has entered into an agreement to acquire a development project called Kalasataman Horisontti from listed construction company SRV. The 11,700 sqm project will – once completed – include Finland’s tallest office tower spanning 111 meters over 26 floors.

YIT Makes Residential Investment in Helsinki

Finland Finland — YIT has launched a self-developed residential construction project called Asunto Oy Helsingin Nihdin Torni in Sompasaari, Helsinki. The 16-storey residential building will have a total of 29 apartments. The value of the project is approximately EUR 32 million.

Why Tammisto Is a Prime Location for Logistics in Finland

Finland Finland — Ilkka Salminen, Country Head, Finland, at Slättö: “With limited opportunities for expansion further highlights the attractiveness…”

Slättö to Develop New Logistics Facility Outside Helsinki

Finland Finland — Slättö, Evolv and Budbee expand in Finland by developing a new last-mile logistics terminal in Helsinki Metropolitan Area.

Trio Gets Green Light for Helsinki Development

Finland Finland — YIT, Keva and the City of Helsinki to continue joint development of the Maria area – local detailed plan confirmed.

NCC Invests in Residential Project in Helsinki

Finland Finland — NCC has signed an agreement to construct 143 apartments in Laajasalo, Helsinki, on behalf of the housing department at the City of Helsinki, HATT. The order value is approximately SEK 300 million.

Skanska Makes Residential Investment in Helsinki

Finland Finland — Skanska invests in a residential development project in Helsinki, Finland. The total investment amounts to EUR 45M, about SEK 500M. The construction contract is worth EUR 32M, about SEK 350M, which will be included in the Nordic order bookings for the fourth quarter of 2022.

Altaal Company Buys Office Property at the Helsinki Airport

Finland Finland — Colony recently acquired another office property under its brown-to-green impact investment strategy. The property was acquired from the Finnish property company Antilooppi.

Bonava Makes Residential Divestment to Taaleri

Finland Finland — Bonava is selling 313 sustainable rental apartments in the Helsinki region, Finland, to the investor Taaleri. The transaction includes three rental housing projects and amounts to EUR 85 million.

Swiss Life Acquires Office Property from S-Bank

Finland Finland — Fennia Mutual Insurance Company, managed by S-Bank Properties, divested an office property in Pasila, Helsinki to funds managed by Swiss Life Asset Managers Nordic.

Reasons Behind the Record-Breaking Investment Volume in Finland

Finland Finland — Catella's Market Indicator Autumn 2022 has been published: A record-high volume was achieved during the first half of 2022. Antti Louko, Managing Director at Catella, on the outcome and the future development on the Finnish transaction market.

Scandic Opens Hotel in Central Helsinki

Finland Finland — Scandic Helsinki Hub has opened its doors in the Finnish capital. Located in downtown Helsinki, the hotel is housed in a 1920s printing house that has been transformed into a large 352-room hotel.

Toivo Group Buys Residential Property in Helsinki

Finland Finland — Toivo Group Plc has bought a property in Helsinki and will start pre-marketing the project.

“Tenants Demand More Than Before the Pandemic”

Finland Finland — Sampsa Apajalahti, Investment Director at Capman Real Estate, on the recent acquisitions in Helsinki, and the major challenges on the Finnish office market.

Investment Requirements for NREP’s Office Growth in Central Helsinki

Finland Finland — Joonas Lemström, Director at NREP: “Only a good location is not enough to meet our investment criteria.”

After the EUR 137 Million Deal: “There Is Still a Lot of Capital to Be Deployed”

Finland Finland — Hanna Rauhala, Partner and Head of Finland, Brunswick Real Estate, on the recent acquisitions together with Swedish listed giant Nyfosa across Finland, the challenges on the Finnish investment market, and the foreign interest for the market.

Reasons Behind Varma’s Divestment Pace in Q1

Finland Finland — Sampsa Ratia, Director for Real Estate Investment at Varma Mutual Pension Insurance Company: “We are continuously shaping our real estate portfolio and this naturally includes both divestments and investment.”