DEAS makes divestment in Oulu

Finland Finland — DEAS fund sold office property in Oulu DEAS Property Fund Finland I has sold an office property in Oulu to a local investor.

NCC Constructs Swim Center in Oulu

Finland Finland — NCC has been commissioned by Oulun Tilapalvelut to construct Linnanmaa swim center in Oulu. The project is a construction contract and the order value is approximately SEK 190 million.

YIT Gets Assignment from Nokia

Finland Finland — YIT has signed a contract agreement with Nokia regarding the building of new facilities in Oulu.

NCC to Continue Construction of Oulu University Hospital

Finland Finland — NCC has been commissioned to continue construction of Oulu University Hospital in Finland with the assignment to construct building F. This is part of the second phase of the hospital’s development program and the order value is approximately SEK 1.3 billion.

Why Retail Investments Are Stable in the Nordics

Finland Finland — Jaakko Onali, Portfolio Manager at United Bankers, on the acquisition from Alma Property Partners in Oulu, why they invest in the retail segment, and upcoming investment targets across the Nordics.

Nyfosa Acquires in Oulu and Tampere

Finland Finland — Nyfosa has acquired two properties in the Finnish regional cities of Oulu and Tampere, where the company already owns properties. The acquisitions amount to a total value of MEUR 29, corresponding to approximately MSEK 298.

Alma Property Partners' Finnish Plans After the Retail Divestment

Finland Finland — Alma Property Partners has sold the 24,000 sqm Ideapark Oulu local retail center to UB Nordic Property Fund. Robert Landtman, Partner at Alma Property Partners, tells Nordic Property News on the timing of the divestment, whether the pandemic has affected their retail business, and investment targets for 2022.

Varma Sells Two Properties in Oulu and Lappeenranta

Finland Finland — Catella acted as an advisor to employment pension company Varma in the sale of Kiinteistö Oy Kuntotalo and in a sale of Lappeenrannan Kodinkeskus retail property.

Skanska Builds New Hospital Building in Oulu for EUR 190 Million

Finland Finland — Skanska has signed a contract with Oulu University Hospital to build a new hospital building in Oulu, Finland. Skanska’s share of the contract is worth EUR 190 M, about SEK 2.0 billion, which will be included in the Nordic order bookings for the first quarter of 2020.

Finnish Retailer Kesko Sells Retail Property in Oulu

Finland Finland — Kruunuvuoren Satama, which is a subsidiary of Kesko Group, has divested a retail property located in Karjasilta in Oulu. The anchor tenants of the property include Budget Sport and Intersport.

Hemfosa Acquires Properties in Tampere and Oulu for EUR 57M

Finland Finland — Hemfosa has acquired two properties in Finland for an underlying property value of approximately MSEK 600 (EUR 57M) and a total rental value of about MSEK 70.

Technopolis Invests EUR 25M in Campus Expansion in Oulu

Finland Finland — Technopolis has decided on a EUR 25M investment to expand its CBD campus in Oulu. Construction work is scheduled to start in July 2018, after receiving a building permit. The project is due for completion in March 2020. 

Peab Builds for Technopolis in Oulu

Finland Finland — Peab has been commissioned to build the second stage of the company Technopolis’ office building on Sepänkatu in Oulu.

NCC Renovates Campus in Oulu

Finland Finland — NCC is to renovate Linnanmaa University Campus in Oulu on behalf of the University of Finland. The renovation is part of the Cooperative Campus 2020 project to create premises for the University of Oulu. The order amounts to approximately EUR 33M.

Kojamo to Buy 981 Apartments

Finland Finland — Kojamo Group and OP Financial Group’s funds have signed a preliminary agreement on the deal in which Kojamo acquires 981 rental apartments located in growth centres in Finland.

NCC to Construct Major Hospital in Oulu

Finland Finland — NCC has been selected as the construction partner for a hospital project in Oulu, Finland. The project includes two new buildings – a women’s and children’s hospital, and the first phase of a new main hospital.

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.

Bonava to Develop New Residential Area in Finland

Finland Finland — Bonava will develop a diversified ten-block residential area in the Ahjo-Kaleva region of Oulu in northern Finland. The project will comprise a total of 550 apartments.

Alma and Avant Acquire Shopping Center

Finland Finland — Avant Capital Partners and Alma Property Partners acquire a 30.000 sqm shopping center in Oulu, Finland.