Newsec: The Nordics Is an Undersupplied Logistics Market

Nordic — Newsec can conclude that the Nordic logistics market is undersupplied and that strong interest from international investors will continue to push down yields.

Joona Nyman Returns to Newsec

Finland Finland — Joona Nyman returns to Newsec as a Senior Advisor and Team Leader for Tenant Representation. Joona Nyman and Ville Inkeri, Head of Corporate Real Estate, tell Nordic Property News about the return to Newsec and how the occupiers need for advisory services will change post-pandemic.

Local Tapiola's Fund Acquires Two Public Use Properties in Oulu

Finland Finland — A public property fund owned by Local Tapiola has acquired Kastelli research center property in Oulu. It´s located next to the Oulu University hospital, and at the heart of the actively developing Kontinkangas welfare campus.

SBB and Newsec Extend Partnership

Nordic — The extended agreement between SBB and Newsec covers a five-year period in Sweden and three years in Finland.

Increasing Vacancy Rates in Gothenburg: Here Are the Office Challenges

Sweden Sweden — Henrik Roderhult, Director, Newsec Advisory in Sweden, on the Swedish transaction market, the office market in Gothenburg, and which segments that attracts most investors at the moment.

How NRK Found the Perfect Plot in the Major Off Market Deal

Norway Norway — Håkon Heiberg Styrvold, Head of Capital Markets, Newsec Advisory in Norway, on the process: “They had about 30 options – and this wasn't for sale.”

Real I.S. Buys First Office Property in Helsinki

Finland Finland — Real I.S. has acquired an office building in Helsinki for the real estate special AIF BGV VIII Europa – its first acquisition in Finland. Seller is the Dutch developer RED Concepts.

Sagax Acquires Logistics and Industrial Property in Vantaa

Finland Finland — HKScan Oyj, a food industry company listed on the Helsinki Stock Exchange and real estate company Sagax Finland whose parent company is listed on the Stockholm Stock Exchange have signed a sale and leaseback transaction for HKScan's logistics and production property complex in Vantaa.

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.

For Sale: Historical Office Building in Central Gothenburg

Sweden Sweden — The Swedish property giant’s former HQ for sale in Sweden's number two. ”A unique property, the location is quite unbeatable.”

K-Fastigheter Buys Building Right in Greve

Denmark Denmark — K-Fastigheter has signed an agreement with Solviften Holding ApS for the acquisition of the property Matrikel 17b, Kildebrønde By, just south of Copenhagen.

Cibus Buys Retail Property in the Turku Area

Finland Finland — Swedish listed property investor Cibus Nordic Real Estate AB has acquired a 5,000 sqm retail property located in the vicinity of the city centre of Parainen, in the Turku archipelago.

They Were the Contenders to Purchase the NRK Plot

Norway Norway — Håkon Styrvold at Newsec, that has worked with the NOK 5 billion divestment of the Marienlyst site in Oslo for more than two years, tells about the process, the bidders and why Ferd Eiendom finally became the winner of the historical plot that was for sale.

Why Norwegian Linstow Chooses the Baltics over Nordic Countries

Norway Norway — Linstow’s CEO Per Mortensen tells Nordic Property News why they divested a historic shopping center in Latvia and why they are established in the Baltics, Russia and Portugal but not in any Nordic countries except Norway.

These Swedish Companies Send Most Delegates to Mipim

Sweden Sweden — Nordic Property News presents the complete list of registered participants from Swedish companies that will arrive to Mipim in Cannes next week.

Newsec Acquires Danish Datea

Denmark Denmark — Newsec buys Datea, Denmark’s market leader within commercial real estate. The selling company, Dades, remains one of the biggest clients.

Hemsö Acquires Property Portfolio in Luleå

Sweden Sweden — Hemsö has acquired five properties and been awarded a land allocation in Luleå. The total investment amount is approximately EUR 39M.

The Largest Retail Transactions in Sweden

Sweden Sweden — List of the five largest transactions with retail properties in Sweden from October 2015 to September 2016.

The Rental Residential Market is Buzzing in Finland

Finland Finland — This year will break the 2007 record number of major property transactions in Finland. The previous peak was brought on by international investors surging into the Finnish market as well as banks' lax lending policy. At that time, foreign investors accounted for approximately 60 percent of the sales volume, and loans amounted to as much as 70–90 percent of the transaction value. Now, foreign investors' share of completed transactions is approximately 20 percent and the loan-to-value ratio is 50–65 percent.

Demographic Challenges Create Opportunities in the Property Market

Sweden Sweden — Low interest rates and good access to funding, volatile global stock markets and low yields in the bond market are contributing factors to the great interest of Nordic properties, according to the spring edition of Newsec Property Outlook published today. Major demographic changes create challenges and opportunities in the property market in the coming years.

Newsec Strengthens Presence in Denmark

Denmark Denmark — Newsec is strengthening its offering in Denmark through a co-operation with Egeskov & Lindquist, under the brand Newsec Egeskov & Lindquist. The new operation, which will be a leading player in the Danish property market, will primarily focus on consultancy in the fields of capital markets, valuation & analysis, and will also offer occupier services.

Newsec: Property Investors Ready to Take Greater Risks in Finland

Finland Finland — Investors' growing interest towards property investments in Finland manifests itself in the increasing demand for properties that require active development, and even empty properties sell at the moment. These investors rely on their ability to rent out and develop the property more successfully than the current owner.

Diös Sells to Local Companies in Härnösand

Sweden Sweden — Diös has sold a portfolio of 30 properties in Härnösand of approximately 84,000 sqm . Buyers are the local companies Westerlind Fastigheter i Härnösand AB/ Landsorten Invest AB. The underlying property value amounts to MSEK 342.5 (€37M).

Prestigious Landmark Building in Helsinki Sold

Finland Finland — The SEB Bank Building on Unioninkatu, Helsinki, has been sold to investment company Immobilien Europa Direkt, which is part of Zurich Investment Foundation and managed by Schroders.

Increased International Interest in Swedish Properties

Sweden Sweden — During the first eleven months of 2015, international investors have doubled their relative investment volume compared to the same period the previous year, They are now accountable for approximately 30 percent of the transaction volume, according to Newsec. The corresponding investment volume from international investors has not been seen since 2008.