News in English

  • Trevian Finland Properties I has bought the majority share of the Ruoholahti metrostation office property

    5.7.2019 Special Investment Fund Trevian Finland Properties I has acquired 70.5% share of the real estate company Ruoholahden Metrotori from Trade Union Pro. Newsec acted as the advisor of the Seller in the process.
  • Fortum Power and Heat Oy sold an office property to a fund operated by Elite Alfred Berg

    4.7.2019 The object of the sale was the office property located at Piispanportti 10 in Espoo, Finland. The property is on a visible location by Länsiväylä motorway and Shopping centre Iso Omena. Newsec acted as the commercial advisor for the Seller.
  • Newsec and Logicor to enter into a property management service agreement covering more than a million square metres

    13.6.2019 The service agreement includes all of Logicor's approximately 80 properties in Finland.
  • Newsec acted as the Seller's commercial advisor in the transaction of two shopping centres

    13.6.2019 Citycon has signed an agreement to sell two shopping centres in Finland for approximately EUR 77 million to Nordic real estate investor NREP.
  • Two K-Citymarket properties were sold - Newsec advised the seller

    28.5.2019 Fastighets AB Esmero Retail Property sold two K-Citymarket retail properties located in Hämeenlinna and Kajaani. The properties were acquired by Corum Origin SCPI.
  • Good liquidity in the big box property market - a portfolio of five K-rauta properties was sold

    13.5.2019 Investor demand in the big box property market is good for opportunities where the tenant is creditworthy and the micro location is well-established.

    15.4.2019 Newsec has been offering tenant representation services from the beginning of the 21st century and it has gained considerable popularity in recent years. In order to improve the service, communicate more efficiently and add transparency, Newsec has developed the digital Newsec Tenrep tool. The innovation makes it easier for lessors to be involved in space searches and for tenants to find suitable spaces.

    3.4.2019 Simo Vilhunen becomes Head of the Capital Markets team, Esa Pentikäinen becomes Vice Head of the Commercial Brokerage team.
  • Sustainable investing is increasingly important within the real estate sector

    29.3.2019 Sustainable investing has become an integral part of the values and strategy of the biggest businesses in real estte. Climate change concerns have brought the subject to the centre of pension fund investment policies, in particular, and it is becoming more and more mainstream.

    27.3.2019 A CBD landmark property Kivikukkaro located at Yliopistonkatu 29 B, Turku, has been sold. The property was acquired by the open-ended special AIF Vontobel Sustainable Real Estate, managed by Quadoro Doric.

    18.3.2019 Mikko 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?

    11.3.2019 The 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.
  • Equality is the norm at Newsec

    8.3.2019 Though 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!
  • New official trade names at Newsec

    6.3.2019 Newsec is harmonising its official trade names. The changes will not affect client accounts, with operations continuing as before.
  • OP Life Assurance Company sells a prime landmark building in Helsinki CBD

    19.2.2019 OP Life Assurance Company has sold a mixed-use retail and office asset to BlackRock Eurozone Core Property Fund. Newsec acted as the seller’s exclusive commercial advisor in the transaction.
  • Top-tier rating for Newsec workplaces in Finland

    15.2.2019 Newsec 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

    13.2.2019 Newsec'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

    13.2.2019 Urbanisation 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

    13.2.2019 The 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

    4.12.2018 On 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.