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.
12.3.2018Newsec has concluded a comprehensive property management service agreement with Nordea Life Assurance Finland Ltd concerning two real estate portfolios. The arrangement includes a total of 42 business properties covering nearly 280,000 square metres, and more than 1,000 dwellings spread across 15 residential units.
Newsec acted as commercial advisor for Real Estate Fund Finland III Ky in the sale of an office property in Tampere city centre
15.12.2017Real Estate Fund Finland III Ky, a fund managed by OP Real Estate Asset Management Ltd, has sold Ratinankaari office property in Tampere city centre at Hatanpään valtatie 11 to VVT Property Fund I Ky.