Newsec acted as vendor’s advisor in residential skyscraper transaction in Helsinki
Union Investment has acquired a residential skyscraper, Atlas, from Aurinkolahti from Skanska for approx. €100 million. Newsec acted as the Vendor’s commercial advisor in the transaction, while Merilampi acted as the Vendor’s legal advisor.
Senate Properties sold a property in Helsinki city center – Newsec acted as advisor
Senate Properties has sold a property located in Katajanokka, Helsinki city center to NSF IV Fin NewCo 28 Oy that is a company owned by NREP.
Newsec Finnish Property Outlook: transactions in Finland are now focused on residential and logistics as well as good offices
The property investment market got off to an active start in Finland in the spring, accelerating even more during the summer, finds Newsec’s Finnish Property Outlook for the autumn. The highest activity is currently seen in residential and logistics properties as well as good office properties. At the same time, retail properties are offering an increasingly attractive risk/return profile for investors. Lease periods have become shorter in office leasing, with subletting being another notable phenomenon at the present time.
Amos Larinkoski Newsec Advisory Finland’s new Vice Head of Capital Markets
Amos Larinkoski has been appointed the new Vice Head of Capital Markets of Newsec Finland’s operations, sharing the management and development responsibilities with team leader Simo Vilhunen.
Kastelli research center in Oulu property was sold – Newsec acted as vendor´s advisor
A public property fund owned by LähiTapiola 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.
Newsec acted as vendor´s adviser in residential portfolio transaction
OP-Vuokratuotto and OP-Eläkesäätiö sold a residential portfolio. Newsec acted as the Vendor’s commercial adviser in the transaction, while Castrén & Snellman acted as the Vendor’s legal advisor. The portfolio consists of seven assets with a total of 345 apartments.
Newsec as seller’s advisor in the transaction of a grocery store property located in the city centre of Pori
Taaleri Linnainmaankulma Ky has sold a 1 950 sqm grocery store property, located in the city centre of Pori, to Erikoissijoitusrahasto UB Suomi Kiinteistöt.
Newsec as seller´s advisor in the transaction of Allergiatalo property located in Meilahti, Helsinki
Allergia-, Iho- ja Astmaliitto ry, Allergiasäätiö sr and Näkeminen ja silmäterveys NÄE ry have completed a transaction with eQ Community Properties fund regarding the Allergiatalo property located in Meilahti, Helsinki.
Newsec acted as buyer´s advisor in a retail and office premises transaction in Hietalahti, Helsinki
HOK-Elanto has completed a transaction with Tarkala regarding 4,700 sqm of retail and office premises that are located in Hietalahti, close to the Helsinki city center.
Newsec as seller´s advisor in the transaction of the Espoo Community Centre
Nordika sold a health care property, located in Espoon keskus, Espoo to eQ Community Properties Fund.
Newsec starts co-operation with Real I.S. in Finland
Newsec Property Asset Management has been selected to offer Property Asset Management services to Real I.S. in Finland. The signed agreement covers technical, financial and commercial management services.
Newsec acted as vendor’s advisor in a residential plot transaction in Espoo
LähiTapiola Tontit I Ky and Ålandsbanken Tonttirahasto funds have acquired residential plots located in the Finnoo district in Espoo. Pohjola Rakennus Oy Suomi will build three new residential buildings to the plots.
Real I.S. completes its first acquisition in Finland – Newsec acted as buyer’s advisor
Newsec acted as the buyer’s commercial advisor in a transaction in which Real I.S. AG acquired a property located within Helsinki city centre, at Dagmarinkatu 6 from the Dutch developer RED Concepts.
Residential market remains active – Newsec acted as vendor’s advisor in residential tower transaction in Helsinki
Skanska OY AB sold a residential tower, Hyperion, from Aurinkolahti to a fund managed by Union Investment Real Estate Gmbh for approx. €74 million. Newsec acted as the Vendor’s commercial advisor in the transaction, while Merilampi acted as the Vendor’s legal advisor.
Newsec Finland’s Property Outlook spring 2021: Residential, logistics and public properties represent the most active investment categories
A clear U-curve was visible in the volume of property transactions last year. COVID-19 slowed down the spring and summer but trading was active in the first and final quarter. Investors are particularly interested in defensive investments such as apartments and logistics properties, with user and investor demand increasing at the same rate due to the strong growth of online shopping. A new rising star is public properties – last year, its proportion of all property transactions climbed up to 24 per cent.
Newsec acted as seller´s advisor in a major logistics and production complex transaction in Vantaa
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 today signed a sale and leaseback transaction for HKScan's logistics and production property complex in Vantaa, Finland (app. 51.000 sqm).
Leo Suokannas appointed as Asset Manager
M.Sc (Tech) Leo Suokannas has been appointed to a new position as Asset Manager for Newsec Property Asset Management in Finland. As Asset Manager, he will focus on the performance and continuous value creation of client’s real estate portfolios in Finland.
Invalidisäätiö sold a residential development property to Lehto Asunnot
Newsec acted as the seller´s commercial advisor in a transaction in which Invalidisäätiösold a property located adjacent to the central park at Tenholantie 12, Helsinki to Lehto Asunnot for residential development.
Varma has sold approximately 150 rental residential units in Espoo to a property fund advised by Morgan Stanley Real Estate Investing
Varma Mutual Pension Insurance Company (Varma) has sold approximately 150 rental residential units within Espoo in the Helsinki Metropolitan Area to a property fund advised by Morgan Stanley Real Estate Investing (MSREI).
Special investment fund eQ Care acquires a large hospital and care property from Invalidisäätiö
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 - 1943 to provide rehabilitation for Winter War veterans.