MIKKO TENHOLA APPOINTED HEAD OF NEWSEC ADVISORY IN FINLAND
18.3.2019Mikko Tenhola has been appointed as the new Head of Newsec Advisory in Finland from August 1, 2019. He joined Newsec in 2010 and has been deputy Head since 2017. The current Head Juhani Reen will retire at the end of 2019.
Newsec Property Outlook Spring 2019: (Co-)working 9 to 5 – is that the new way to make a living?
11.3.2019The total co-working stock in the Nordic and Baltic countries has grown by 36 percent from 2017 to 2018. Following this strong growth, the amount of co-working space will continue to increase by another 24 percent in 2019, up to 680,000 square meters. Co-working as a share of the total office stock will also continue to grow, from 1.5 percent in 2017 to about 2.5 percent in 2019. These figures are available in the latest issue of the Newsec Property Outlook.
8.3.2019Though real estate is traditionally regarded as a highly male-dominated and rather conservative sector, this image is changing rapidly. Newsec is an excellent example of this trend, with women making up nearly 60 per cent of the staff, even in managerial grades. How did this come about? Let's give the women an opportunity to explain!
15.2.2019Newsec has achieved a truly stunning 4th place in the medium-sized enterprises section of the prestigious Great Place to Work® Finland survey, improving the company's ranking by a remarkable 12 places compared to the previous year.
Investment demand remains strong and international investors active in Finnish property market
13.2.2019Newsec's spring Property Outlook Finland reveals that stock market fluctuations and low interest rates have encouraged investors to seek more stable and higher yields and to decentralise their property investments.
Rental apartment buildings, logistics and consumer goods store properties attracting international interest
13.2.2019Urbanisation is intensifying rental apartment building investment demand in Finland and abroad. Domestic investors have been the most active in this sector, although last year, international investors made significant direct investments in rental apartment buildings in Finland – a trend that is likely to continue to grow this year.
Municipalities outsourcing their property holdings
13.2.2019The public sector and municipalities, in particular, are in the process of changing their property strategy and not all municipal property investments are necessarily recorded in their own balance sheets any longer.
Newsec adviced the City of Helsinki in a €165 million sale and leaseback arrangement with Union Investment
4.12.2018On the 4th of December the City of Helsinki has signed a sales agreement regarding the Urban Environment House located in Kalasatama, Helsinki. The property currently under construction is acquired by Union Investment Real Estate GmbH via a forward purchase agreement. Purchase price for the asset comprising 27,500 sqm of leasable area is 165 million euros. At the same time City of Helsinki signs a 20-year lease for the entire building.
16.11.2018Newsec has prepared a report on service needs in the Pasila district for the City of Helsinki. The City of Stockholm also chose Newsec as its advisor for redeveloping the Slussen district. Providing advice and various analyses for public sector property transactions is an integral part of Newsec’s service portfolio in the Nordic and Baltic Countries.
Properties play a key role in mitigating climate change
16.10.2018The Intergovernmental Panel on Climate Change released a report last week presenting two future scenarios for an increase in the global average temperature: 1.5 degrees and 2 degrees. There is no longer any room to doubt that now is the last opportunity to bring about an emission-free future for our children, and properties will play a vital role in this.
Sale of high value property in Erottaja, Helsinki – Newsec serves as advisor to the seller
11.10.2018A high value property at Erottajankatu 2 in downtown Helsinki has changed owner. The Seller comprised two housing corporations belonging to the bankruptcy estate of a construction company, and the buyer was an international real estate investment company.
Former International director of JLL to front UK presence of largest Nordic property asset manager
19.9.2018The Nordics' and Baltics' largest property asset management firm, Newsec, is to open a London office for the first time, to represent the business in the UK following rapid expansion in the region over the last two years.
Euromoney ranks Newsec as the best advisory company in the Nordics and Baltics
17.9.2018In its annual survey, the international magazine Euromoney ranks Newsec as the top advisory company in the Nordic and Baltic region. This is an improvement from last year's third place and a receipt of Newsec's investment in building a cross border platform in the region.
OP-Vuokratuotto Special Investment Fund sold a residential portfolio of 158 apartments - Newsec acted as commercial advisor
1.6.2018OP-Vuokratuotto Special Investment Fund, belonging to the OP Group, has sold a residential portfolio of 158 apartments to Kunta-asunnot Oy (KAS asunnot). The transaction was concluded on 1 June 2018.