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.

VVT Acquires Martinlaakson Ostari in Vantaa

Finland Finland — VVT Property Fund I Ky acquires the Martinlaakson Ostari shopping centre from a fund managed by Cerberus Capital Management.

Heimstaden Enters New Market

Nordic — Heimstaden has completed its first transaction in the Netherlands. The property is located in Utrecht and consists of smaller apartments in close proximity to the university.

How the New CEO Wants to Develop JLL

Sweden Sweden — JLL Sweden has named Linus Ericsson as Daniel Gorosch’s successor. The new CEO tells Nordic Property News how the company will develop and how they want to expand.

JLL Sweden's CEO Leaves the Company

Sweden Sweden — JLL’s CEO in Sweden, Daniel Gorosch, leaves the company after eleven years. He tells Nordic Property News of the decision to leave ’his baby’ and what’s to come next.

Why Cromwell Choses Finland over Sweden

Finland Finland — After purchasing the Omega portfolio together in 2017, Cromwell and Goldman Sachs continue to do business together in Finland. They now purchase 27 properties from IVG Polar for EUR 108.5 million. Tomas Beck, Head of Nordics at Cromwell, tells Nordic Property News about the significance of the acquisition, the hunt for more investments in Finland and why he currently has a hard time seeing Sweden as an attractive investment alternative.

Castellum Enters Finland with EUR 81M Acquisition

Finland Finland — Castellum has acquired a substantial property in central Helsinki from Skandia, thereby establishing itself as a major player in a new attractive market.

AEW Makes EUR 108M Acquisition from Stockmann

Finland Finland — Stockmann has signed an agreement to sell the iconic retail and office property known as the Book House. The purchaser is the AEW Europe City Retail Fund.

Localtapiola Sells Residential Portfolio to AXA

Finland Finland — Localtapiola Real Estate Ltd’s managed fund Tapiola KR IV Ky has sold a portfolio of three prime residential properties providing a total of 89 apartments and a lettable area of 5,632 square meters to AXA IM - Real Assets, acting on behalf of its clients.

Largest-ever Single Office Asset Transaction in Finland

Finland Finland — lmarinen sells landmark property in Helsinki CBD to Deka Immobilien.

Northern Horizon Exits its Second Care Home Fund

Finland Finland — In a transaction signed and closed last week, Northern Horizon has sold its Healthcare II fund to a fund managed by Evli. The transaction values the fund’s 30-asset Finnish portfolio at EUR 141M.

Niam Acquires Retail Assets in Helsinki

Finland Finland — Niam has signed unconditional agreements to acquire Suurpelto Retail Center and Laajasalo Retail Center in Helsinki from NCC Property Development.

JLL's New Team Ready to Make Push for Larger Market Shares

Nordic — With Tor Borg and Joacim Sjöberg in place, Daniel Gorosch's team construction at JLL is ready to grab even larger market shares. The company's CEO tells Nordic Property News how JLL will grow.

Regenero on the Acqusition of Fortum’s HQ – and their Plans for the Building

Finland Finland — Regenero made a big splash when they acquired Fortum’s iconic headquarters in Espoo in the Helsinki area. But the acquisition is just one step in the process of creating something big, Regenero’s Chairman Juha Kostiainen tells Nordic Property News.

NRP Sells Logistics Portfolio to GLL

Norway Norway — Ness, Risan & Partners (NRP) sells logistics portfolio in Finland to GLL, a Munich based real estate fund manager group. The purchase was backed by South Korean investors.