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.
Newsec as seller´s advisor in a modern health care property transaction in Espoo
Nordika II QG AB sold a modern health care property, located in Leppävaara, Espoo to eQ Finnish Care Fund.
Newsec’s Finnish property outlook: investors interested in high-quality properties after the initial shock caused by the coronavirus pandemic
Now that the summer is over, it can be said that the coronavirus pandemic slowed the property investment market down but did not stop it altogether. Preceded by a historically active first quarter, the trading volume during the second quarter of 2020 was the lowest in years.
Esa Pentikäinen to lead the Commercial Brokerage team starting 1 July 2020
On 1 July 2020, Esa Pentikäinen, M.Sc. (Tech), will take over the entire Newsec Commercial Brokerage team. Esa has been the team leader since spring 2019.
New appointment in Newsec´s Capital Markets team in Finland
Toni Perätalo has been appointed as Head of Client Relations and Sales in Capital Markets team as of May 1, 2020.
Newsec acted as the seller’s commercial advisor in the transaction of a residential property in Helsinki
Newsec Advisory acted as the seller’s commercial advisory in a real estate transaction in which Lehto Asunnot Oy sold a residential property with 12 and 5 floor apartment buildings located in Kalasatama, Helsinki to NREP.
Real estate finance in the middle of a corona crisis
Banks – just like other companies – have focused on safeguarding their employees and operations as well as the operations of their customers since the beginning of the COVID-19 crisis. The focus has, justifiably, been on creating a view of the situation and monitoring the market and their own loan portfolios as any outlook concerning the future is extremely slight amid the continuous change.
Virus shock hits the property market – but the investment demand continues
It is still too early to give an accurate estimate on the impact of the coronavirus on the property market. As the initial shock evens out and the situational picture sharpens, it has become clear that investors’ interest in the property market continues.
CUSTOMER INFO BULLETIN REGARDING CORONA VIRUS
Newsec serves its customers normally despite of situation with corona virus pandemic. However, the situation demands special arrangements that aim to ensure the safety of our personnel and our customers as well as minimize any interference in our services during the epidemic.
Newsec Finnish Property Outlook: Supply does not meet demand in the property market
Properties remain an attractive investment area as a result of better yields and a more secure operational environment compared to other investment items. The main obstacle is that supply does not meet demand. In addition to the Helsinki city centre, investors are interested in other prime submarkets in the metropolitan area as well as Turku and Tampere.
Newsec tenant representation finds new premises for Blood Service
The Blood Service has been operating in the Kivihaka district of Northwest Helsinki since 1972. Newsec tenant representation assisted in arranging relocation from these old premises to modern high standard facilities in Vehkala, West Vantaa.
OP-VUOKRATUOTTO BOUGHT LAPTI GROUP’S HEADQUARTER OFFICE PROPERTY IN OULU
OP-Vuokratuotto special investment fund bought the newly constructed Lapti Group headquarter office property located in Oulu, Limingantulli area, from a group of private investors.
eQ Finnish Real Estate Fund acquires Alberga Business Park B and C buildings
Leppävaara office market remains active. eQ Finnish Real Estate Fund acquired Alberga Business Park B and C buildings in Leppävaara from a fund managed by Amundi Real Estate. Newsec acted as the vendor’s commercial advisor in the transaction.
Newsec combats climate change with commitment to Net Zero Carbon Buildings
Newsec is challenging the sector to commit to reducing emissions, and has taken a step towards carbon-neutral premises by signing the Net Zero Carbon Buildings Commitment of the World Green Building Council.
Sanna Kostiainen appointed for the Head of Communications and Marketing
Sanna Kostiainen (MA) has been appointed for the Head of Communications and Marketing of Newsec's Finnish operations as of 7. January 2020.