NREP Sells Eleven Properties to Blackstone

Nordic — NREP is now selling 11 selected logistics properties in the Nordics. The divestment will enable a strategic renewal of the Logicenters portfolio, including investments in new developments and acquisitions across the Nordics.

Areim Acquires Residential Portfolio from Ilmarinen

Finland Finland — Areim has acquired a residential portfolio in the Helsinki Metropolitan area, from the Finnish Ilmarinen Mutual Pension Insurance Company. The portfolio consists of 17 assets and some 54,000 sqm of lettable area.

Antilooppi Acquires Property Portfolio from Sponda

Finland Finland — Antilooppi has signed an agreement to acquire a portfolio of nine properties in Ruoholahti from Sponda Oyj and its subsidiaries. The lettable area of the target portfolio is approximately 100,000 square meters and it also includes more than 1,650 parking places.

JLL’s Finnish CEO on the Blackstone Appointment

Finland Finland — JLL Finland’s Christian Hohenthal leaves the company after just six months as CEO – to join the Blackstone owned Sponda. To Nordic Property News he tells about his decision: ”It is an iconic company.”

Christian Hohenthal Leaves JLL for Blackstone Company

Finland Finland — JLL has announced that Tero Lehtonen has been appointed as CEO of JLL Finland to succeed Christian Hohenthal who will leave in January 2020 to join Sponda plc as CEO. Sponda is majority owned by real estate funds managed by Blackstone.

Ilmarinen Sells Dixi Office Property to Patrizia

Finland Finland — Mutual Pension Insurance Company Ilmarinen has sold the Dixi office property located in Helsinki Metropolitan Area to Patrizia.

How Aktia Will Grow by EUR 100 Million per Year

Finland Finland — After the office acquisition in Helsinki from Ilmarinen: Jukka Sjösten, Real Estate Portfolio Manager at Aktia Asset Management, on what attracted them to the purchase and future investment targets.

Ilmarinen Sells to Aktia

Finland Finland — Mutual pension insurance company Ilmarinen has completed the sale of an office property located in Pasila to the special investment fund Aktia Commercial Properties.

After the Major Divestment in Helsinki – Here Are Varma’s Next Targets

Finland Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma: “This was a suitable moment to sell the core property.”

Varma Divests SOK HQ to Pareto Company for EUR 130M

Finland Finland — Varma sells SOK headquarters in Vallila, Helsinki to Fleming Properties for EUR 130M.

Evli Acquires Office Property in Espoo

Finland Finland — Telia Pension Foundation sells Quartetto Harmonia office property to Special Investment Fund Evli Rental Yield.

Elite Alfred Berg Acquires Office Property in Espoo

Finland Finland — Ilmarinen Mutual Pension Insurance Company has sold an office property in the Leppävaara district in Espoo to Elite Finland Value Added Fund II Ky.

The Segments that Attract Foreign Investors into the Nordics

Nordic — Cecilia Gunnarsson, Head of Research at JLL Sweden, tells Nordic Property News about the high activity on the Nordic transaction market, what attracts foreign buyers to the region and whether the slowdown in the global economy will affect the Nordics.

Elite Alfred Berg Sells Care Property to EQ Care

Finland Finland — Elite Alfred Berg’s real estate value add fund Elite Kiinteistökehitysrahasto I Ky has sold a care property to EQ Care special investment fund.

JLL Strengthens Its Team

Sweden Sweden — "We are pleased with our recruitments and we are now facing the challenges of the autumn," says Linus Ericsson, CEO of JLL Sweden.

“I See Lots of Opportunities in the Finnish Market”

Finland Finland — The New Finnish CEO at JLL, Christian Hohenthal, on his new position, the challenges on the Finnish real estate market and the foreign interest in Finland.

New CEO of JLL in Finland

Finland Finland — Christian Hohenthal has been appointed as CEO of JLL Finland. He will succeed Tapani Piri, who has stepped down.

Local Tapiola Sells Prime Residential Portfolio

Finland Finland — ​Local Tapiola Real Estate Capital Funds Ltd.'s managed fund LähiTapiola Asuntorahasto Prime Ky has sold a portfolio of ten prime residential properties providing a total of 547 apartments and a lettable area of 28,800 square meters to OP-Rental Yield special investment fund.

JLL Strengthens its Swedish Capital Markets Team

Sweden Sweden — Jenny Tuleby to take a larger and more active role in JLL Capital Markets Sweden's daily operations.

Blackstone Acquires Large Swedish Portfolio from Corem

Sweden Sweden — Blackstone acquires a portfolio of 30 properties in Sweden from Corem. The transaction price is SEK 4.2 billion (EUR 395M).

SBB Acquires Finnish Portfolio for EUR 142M

Finland Finland — Swedish Samhällsbyggnadsbolaget acquires the second largest healthcare portfolio in Finland ever. The portfolio comprises 48 properties and the transaction prices is EUR 142M. The seller is EQ.

Prologis Acquires Logistics Portfolio for EUR 366M

Sweden Sweden — Prologis acquires 295,000 square meters (3.2 million square feet) of prime properties in four of Sweden’s strongest logistics markets. The acquisition substantially strengthens Prologis’ presence in Sweden.

The Hottest Trends on the Nordic Office Market

Nordic — Tomorrow, JLL Nordic Outlook will be published. Cecilia Gunnarsson, Head of Research, explains what JLL has focused on, what the trends in the Nordic countries are and what kind of objects investors are staying away from.

Genesta Sells Antinkatu I in Helsinki

Finland Finland — Genesta sells the office property Antinkatu 1 on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) to Schroder Nordic Real Estate Fund.

Patrizia Sells Helsinki Office to EQ

Finland Finland — Patrizia has completed the sale of the Itämerenkatu 5 office building in Helsinki for EUR 41 million. The property was sold to a Finnish investment fund, Special Investment Fund EQ Finnish Real Estate.