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ARTICLES TAGGED WITH "Newsec"

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.

NREP Acquires a Retail Development in Espoo

Finland Finland — NREP Nordic Strategies Fund I has acquired a retail development of 2,600 sqm in the Niipperi area of Espoo, Finland.

Global Net Lease Acquires 60,000 sqm in Helsinki

Finland Finland — NV Property Fund I, managed by NV Kiinteistösijoitus Ltd, has sold a portfolio of four assets to Global Net Lease, Inc. The assets are located in the area of Helsinki-Vantaa Airport and are leased to Finnair with long lease agreements. The lettable area totals around 60,000 sqm.

Veritas sells Sola Business Valley office building

Finland Finland — Veritas Pension Insurance has sold an office building located in Leppävaara, Espoo to RREEF Investment GmbH, a real estate investment business of Deutsche Asset Management. The purchase price is approximately €70M.

Lidl Acquires Office Property from Ilmarinen

Finland Finland — Pension Insurance Company Ilmarinen has sold an office property located in Niittykumpu, Espoo, to Lidl Suomi Ky. The office has lettable area of approximately 10.000 sqm.

NREP Acquires the H30 Office Building in Helsinki

Finland Finland — NREP Nordic Strategies Fund, a fund managed by Nordic Real Estate Partners (NREP), has acquired a modern office building in Pitäjänmäki, Helsinki.

Newsec Receives Large Management Assignment

Sweden Sweden — American Starwood purchased Sveareal in January, owning properties in Sweden at a total value of approximately SEK 7 billion (€0,75 billion). Newsec has now been assigned management of the portfolio.

TIAA Henderson Real Estate Sells Retail Park in Sweden

Sweden Sweden — TIAA Henderson Real Estate (TH Real Estate) has sold the Swedish retail park Ingelsta Markn, on behalf of its German joint venture - Warburg-Henderson. The park has been acquired by Niam for €30 M.

SRV-developed Niittykumpu Metro Centre Sold to OP-Vuokratuotto

Finland Finland — The SRV-developed metro centre to be built next to the Western Metro’s Niittykumpu station in Espoo, Finland, has been sold to OP-Vuokratuotto special investment fund.

Newsec Brokers Large Wind Power Deal

Sweden Sweden — The Swedish wind power developer Kraftö are now initiating the construction of Sörby wind farm, comprising 122 MW for the international insurance company Allianz, who acquires their third wind farm in Sweden. The park, that will consist of 37 Vestas V117 3.3 MW windmills, is calculated to be put into operation during the fall of 2016. Newsec has been exclusive advisors in the deal.

Increased International Interest in Finland

Finland Finland — Kai Keituri, Executive Chairman at Newsec Finland detects an increased interest in Finland from international investors. “Last year the transaction volume in Finland doubled, and we believe that the volume will remain as high this year”, he says.

Newsec: Properties continue to deliver attractive yield

Sweden Sweden — Low interest rates, higher risk willingness, good availability of financing and a relatively low risk of vacancies have led to continued decline in the yield requirements for Swedish properties, while the yield beyond prime locations are beginning to approach primary levels, according to this spring´s new issue of Newsec Property Outlook.