Pembroke and NCC to Create a New Office Building

Finland Finland — NCC and Pembroke have signed a contract to build a new office building in the Vallila area in Helsinki. An obsolete office will be replaced by a new sustainable and energy efficient 21,000 sqm building.

The Hits Towards the Finnish Residential Market During the Pandemic

Finland Finland — Kojamo’s CEO, Jani Nieminen: “The occupancy rate will increase the late part of this year.”

These Are the Chances of a Recovering Finnish Transaction Market

Finland Finland — Catella Market Indicator Spring 2021 Finland has been published. Antti Louko, Managing Director of Catella Finland, tells Nordic Property News about the decreased transaction volumes, whether this is the new normal, and expectations on the Finnish investment market in 2021.

Major Refurbishment of Helsinki Hotel

Finland Finland — Original Sokos Hotel Helsinki, located in the Helsinki city centre, will undergo a major refurbishment project.

Avara Keen on Growing Its Portfolio Significantly

Finland Finland — After the Major Residential investment: Harri Retkin, CIO of Avara, on the Finnish residential market, why the segment stays resilient, and the Covid-19 impact over the deal flow in Finland.

The Resilience in the Healthcare Segment

Finland Finland — Jennifer Eloheimo, Investment Director at EQ Care, on which tenants that have struggled during the pandemic in their ‘safe’ segment, and what kind of investments they will continue to do, in 2021.

Further Growth to Expect for Julius Tallberg in Helsinki

Finland Finland — Timo Valtonen, CEO of Julius Tallberg Real Estate, on the perfect timing of the recent divestment, the attraction to the Lauttasaari area, and how the business went during the year of the pandemic.

EQ Care Acquires Hospital and Care Property

Finland Finland — Special Investment Fund eQ Care has acquired a large hospital and care property from Invalidisäätiö. The property is located at Tenholantie 10 in Ruskeasuo, Helsinki and was originally constructed between 1941 and 1943 to provide rehabilitation for Winter War veterans.

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.

Bonava Sells 138 Rental Apartments in Helsinki

Finland Finland — Bonava is selling 138 rental apartments in Helsinki, Finland to the investor Icecapital Housing Fund VI Ky. The housing units are expected to be handed over to the customer and recognised in profit in the second quarter of 2023.

KY Foundation Divests Landmark Property in Helsinki City Centre

Finland Finland — The Foundation for Business Students in Aalto University (KY Foundation) has sold an office property, which is known as the KY Building and located at Pohjoinen Rautatiekatu 21 in the Helsinki city center.

After the Latest Divestment: Capman on the Finnish Offensive

Finland Finland — Sampsa Apajalahti, Investment Director at Capman Real Estate, on the perfect timing of divesting the office building in Helsinki, whether the pandemic has affected Capman’s Finnish business, and the investment targets for 2021.

Castellum Buys Classic Office Building in Helsinki

Finland Finland — Castellum has today acquired a historic office building in Helsinki, located in one of the city's most dynamic developing areas. The acquisition price amounts to EUR 23,7 million including expenses of approximately EUR 0,7 million.

Bonava Sells 110 Rental Apartments in Helsinki

Finland Finland — Bonava is selling 110 rental apartments to the investor Icecapital Housing Fund V in Helsinki. The housing units are expected to be handed over to the customer and recognised in profit in the fourth quarter of 2022.

Kojamo and Pohjola Rakennus Agree to Construct More Apartments in Helsinki Area

Finland Finland — Kojamo plc: Lumo Kodit and Pohjola Rakennus agree on the construction of 54 apartments in Kannelmäki, Helsinki.

Castellum's Finnish Expansion Not as Expected: “Too Slow Growth in Helsinki”

Finland Finland — Henrik Saxborn, CEO of Castellum, tells Nordic Property News on the latest EUR 150 million deal in Helsinki why the competition in the city has been tougher than predicted, and investment obstacles during the current pandemic.

Castellum Purchases Property Group in Helsinki for EUR 150 Million

Finland Finland — Through a company acquisition of the Finnish real estate group Lindström Invest, Castellum has acquired a real estate portfolio in Helsinki. The transaction is carried out as a share issue in kind.

Possible Residential Opportunities in Finland

Finland Finland — CEO Jani Nieminen: “The impact of Covid-19 has been limited with a situation in Finland that is relatively good compared to other countries.”

The Market About to Recover: These Are Julius Tallberg’s Investment Targets

Finland Finland — Timo Valtonen, CEO of the Finnish property company Julius Tallberg: “The market has not reached the peak.”

Julius Tallberg Acquires from Elite Alfred Berg

Finland Finland — Property investment company Julius Tallberg-Kiinteistöt acquires an office and industrial property from Elite Kiinteistökehitysrahasto I Ky (fund managed by Elite Alfred Berg).

Lumo Kodit in Agreement on the Construction of New Homes in Helsinki Area

Finland Finland — Lumo Kodit and Jatke Uusimaa Oy agree on the construction of 77 new homes in Kontula, Helsinki.

Brunswick Company Acquires in Helsinki Metropolitan Area

Finland Finland — The real estate company Kielo, managed by Brunswick Real Estate, has acquired an office property (Martintalo) in the Finnish city of Vantaa 20 kilometers outside Helsinki.

Peab Renovates Apartments for Rent in Helsinki

Finland Finland — Peab has been commissioned to carry out an extensive renovation of apartments for rent for Helsingin kaupungin asunnot Oy (HEKA) in Pihlajisto, Helsinki.

“We Are Constantly Looking at New Investment Opportunities”

Nordic — Kristin Willerström, Regional Director, Nordics at Pembroke, tells Nordic Property News about possible expansion plans in the Nordic region, her view on the future office market, whether they will enter Copenhagen, and actions towards the tenants – during the pandemic.

The Local Detailed Plan of the Kruunuvuorenranta Centre Block Is Progressing

Finland Finland — The preliminary contract on the sale of the property and local detailed plan proposal of YIT and the City of Helsinki concerning the planning and implementation of the Kruunuvuorenranta Centre Block are progressing and will be discussed in the Urban Environment Division on October 20, 2020. YIT was selected as the Centre Block negotiating partner for the City of Helsinki through registration and negotiation proceedings organised in 2017.