Finland — 134,000 sqm of new office space were under construction at the end of June in the Helsinki metropolitan area. At the same time, KTI recorded a record-high figure of 12,500 rental dwellings under construction.

Finland — SRV and Föreningen Konstsamfundet r.f. have signed an agreement to build a unique entertainment centre called Kulttuurikasarmi, in Lasipalatsi Square in the Kamppi district of Helsinki.

Finland — Special investment fund eQ Finnish Residential acquires four residential projects from construction company Pohjola Rakennus Oy for EUR 71 million.

Finland — Cobbleyard Real Estate and Revcap have sold a major office property in Sörnäinen, Helsinki. The property was acquired by NREP.

Finland — Skanska has signed a contract with the City of Helsinki to renovate congress and event venue Finlandia Hall located in the center of Helsinki. The contract is worth EUR 88M, about SEK 890M, which will be included in the Nordic order bookings for the second quarter of 2021.

Finland — Hemsö acquires a university property in central Helsinki for future development into modern training facilities. The property will be leased by the University of Helsinki until 2024. The investment amounts to approximately EUR 17 million and the seller is the University of Helsinki.

Finland — SRV and Helsinki University Properties have signed an agreement on the basic renovation of Snellmania, which is located in Kruununhaka, Helsinki. The project management contract for the renovation of this culturally and historically significant building is valued at approximately EUR 12 million.

Finland — Tarkala Oy has sold retail and office premises located near Helsinki city centre to HOK-Elanto.

Finland — NCC has acquired and is now commencing renovation of the illustrious and centrally located KY Building in Helsinki. The property, which is the former students’ union building of Helsinki School of Economics, will be renovated and converted into a modern, sustainable and multifunctional office block.

Finland — Special investment fund UB Suomi Kiinteistöt has acquired a commercial property in the Vallila district in Helsinki.

Finland — Sato, one of Finland’s largest rental housing providers, is developing non-subsidised rental homes on Maaherrantie street in the the Helsinki district of Oulunkylä, in the ‘Wise Mobility City Block’ uniquely situated at the intersection of the Jokeri Light Rail line and the main railway line. Construction begins in April of the current year and the homes will be move-in ready in spring 2023.

Finland — NCC has been commissioned by the City of Helsinki to build seven apartment buildings with in total 187 apartments in the Herttoniemi area in eastern Helsinki. The combined order value is approximately 35 MEUR.

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.