ARTICLES TAGGED WITH "Helsinki"

NREP Divests Office Property in Helsinki

Finland Finland — NREP has sold a prime office property located in the district of Sörnäinen in Helsinki to M&G Real Estate.

Hemsö Acquires Educational Property

Finland Finland — Hemsö has acquired an educational property in central Helsinki with a lettable area of 6,200 square meters.

Moves Headquarters to Helsinki

Finland Finland — The technology group Wärtsilä has signed a long-term lease with Varma Mutual Pension Insurance Company to relocate its headquarter operations to the Salmisaari district of Helsinki.

Peab Creates Offices in Helsinki

Finland Finland — Peab has begun the construction of its second office building in Pitäjänmäki in Helsinki.

TH Real Estate Assigns Head of Finland

Finland Finland — TH Real Estate appoints Katja Holmström as Senior Portfolio Manager in charge of Finland and opens a new office in Helsinki.

Aalto University Divests Property

Finland Finland — Aalto University divests the Chydenia property in Töölö, Helsinki, but leases the premises until July 2019.

Citycon divests in Finland for EUR 167M

Finland Finland — Citycon and Cerberus announce that they have signed an agreement whereby Citycon will divest its shopping centres Espoontori, Tikkuri, Myllypuron Ostari, Martinlaakson Ostari and Jyväskylän Forum to an affiliate of Cerberus for a total value of approximately EUR 167M.

Office Property Sold in Helsinki

Finland Finland — A property company owned by YIT Ahlström Capital and HGR Property Partners has signed a contract on the sale of the Kasarmikatu 21 office property to an international investor.

Capman Exits Two Office Buildings in Helsinki

Finland Finland — Real estate funds managed by Capman have sold two office buildings located at Elimäenkatu 9 and 15 in Vallila, Helsinki, to Areim Fund III.

Unique Indoor Beach to Mall in Helsinki

Finland Finland — Tripla, the urban centre opening in autumn 2019 in Pasila, Helsinki, will host a globally unique concept, which combines surfing, an indoor beach, and a 26-degree temperature around the year.

Cromwell Sells Retail Park

Finland Finland — Cromwell Property Group has sold Retail Park Fresko in Varisto, Helsinki Metropolitan area, to Special Investment Fund eQ Finnish Real Estate (AIF). The purchase price for the property is approximately EUR 16.7M.

YIT Starts Several Building Projects

Finland Finland — YIT starts the construction of apartment building projects in Kuninkaantammi, Helsinki and Mankkaa, Espoo. The combined value of the projects is approximately EUR 25M and each project will comprise approximately 50 apartments.

Lemminkäinen to Renovate Prestigious Property in Helsinki

Finland Finland — Lemminkäinen and Ilmarinen Mutual Pension Insurance Company have signed an agreement on the renovation of a high profile property at Mikonkatu 9 in central Helsinki, Finland.

JV Buys from Elo for EUR 160M

Finland Finland — Agore Kiinteistöt Ky, a joint venture established by Elo Mutual Pension Insurance, Första AP-fonden and Trevian Assey Management Oy, has made its first aquisition.

Bonnier and Varma Sign Lease in Helsinki

Finland Finland — Varma and Bonnier Books Finland have signed a long-term lease agreement on the premises located at Lönnrotinkatu 18 in Helsinki. Bonnier will move into the newly renovated loft-inspired premises in September 2017.

YIT Closes Agreement in Helsinki

Finland Finland — The closing of the agreement to implement the hotel for YIT’s Tripla project in Central Pasila, Helsinki, Finland has been secured after the conditions for the agreement were met.

Antilooppi Acquires Office Property in Helsinki

Finland Finland — Antilooppi acquires Itämerenkatu 3 office property in Ruoholahti from YLE Pension Fund for EUR 28.7M in an off-market transaction.

Nordika Acquires Office Portfolio in Helsinki

Finland Finland — Nordika has acquired three office properties in Helsinki from Varma and Tristan Capital. The properties were part of a larger portfolio that Tristan Capital acquired from Varma at the end of December 2016. German bank Helaba financed the acquisition.

Minerva Sells in Greater Helsinki

Finland Finland — Catella was the advisor in sale of the property holdings of Minerva Palveluasunnot II.

Nordika Purchases Office Portfolio in Helsinki

Finland Finland — Nordika has purchased three office properties in Helsinki from Varma and Tristan Capital.

Balder Acquires Hotel Property in Helsinki

Finland Finland — Balder has entered into a binding agreement with Tradeka-sijoitus Oy to acquire the Holiday Inn Helsinki - West Ruoholahti hotel property for EUR 39M. The transaction is expected to close in early July 2017.

Minerva Sells Portfolio in Helsinki

Finland Finland — Minerva Palveluasunnot II Ky, managed by Minerva-yhtiöt, has sold a portfolio consisting of four supported living properties to Nordea Life Assurance Finland Ltd. Catella acted as the seller’s advisor.  

Varma Signs Long-term Agreement in Helsinki

Finland Finland — Varma and SOK have signed a new long-term lease agreement on the rental of office space in Ässäkeskus, SOK’s head office located in Vallila, Helsinki. SOK’s head office has been in the same premises since 1991.

Genesta Divests Property in Helsinki

Finland Finland — Genesta has sold the office property Atomitie 5 located in Helsinki on behalf of Genesta’s fund GNBRE (Genesta Nordic Baltic Real Estate). The property was acquired by Areim Fund III.

SRV Constructs Housing Units for Localtapiola

Finland Finland — SRV will construct 528 rental housing units for Localtapiola in the Helsinki metropolitan area, Turku and Jyväskylä.