Finland — TH Real Estate appoints Katja Holmström as Senior Portfolio Manager in charge of Finland and opens a new office in Helsinki.

Finland — TH Real Estate has agreed to acquire a 50 percent stake in the Kamppi Centre, a prime shopping centre located in Helsinki, Finland from Barings Real Estate Advisers, acting on behalf of the Nordic Retail Fund, thereby creating a 50:50 joint venture partnership between Allianz and TH Real Estate. The 50 percent stake, which values the centre at over EUR 500M, is to be acquired on behalf of TH Real Estate’s flagship pan-European investment vehicle, the European Cities Fund, which was launched in 2016.

Finland — On behalf of Warburg-HIH Invest, TH Real Estate has sold an office property in Helsinki to eQ Finnish Real Estate, a Finnish property fund managed by eQ Asset Management. The purchase price amounts to approximately EUR 21 million.

Sweden — TIAA-CREF, AP1 & AP2 create a strategic joint venture to invest in European office properties TH Real Estate will manage the vehicle and create a leading, pan-European office platform committed to building €4bn+ office portfolio.