News

Aberdeen Standard Investments sells an office property in Vallila

02.05.2018

Aberdeen Standard Investments has sold an office property at Elimäenkatu 17–19 to Antilooppi for EUR 15.15 million. The area of the property is approximately 10,000 m² and it has nearly 300 parking spaces. Mrec was sell-side adviser to Aberdeen in the transaction.

Mrec and Pangea adviser to Oslo Pensjonsforsikring in the sale of Plantagen portfolio

25.04.2018

At end of April, it was announced that Oslo Pensjonsforsikring sells three retail properties in Finland to Ragde Eiendom. The properties are located in Espoo, Porvoo and Vaasa with a total area of about 13,500 sqm. The properties are fully let to Plantagen with an average lease term of about 17 years. Mrec and Pangea Property Partners was sell-side adviser to Oslo Pensjonsforsikring in the transaction.

Aberdeen divests office campus in Jyväskylä to Kielo

10.01.2018

The real estate company Kielo, managed by Brunswick Real Estate, has acquired a 17,000 sqm office property in the Finnish city of Jyväskylä. The recently established real estate company Kielo has completed its third transaction, acquiring the office property Mattilanniemi 6-8 in Jyväskylä from Aberdeen Standard Investment. Mattilanniemi 6-8 is located in central Jyväskylä and comprise approximately 17,000 square meters of office premises. The acquisition is Kielo’s second investment in Jyväskylä and the third acquisition since the company was established…Read more

Etera divests Tilkka hospital to eQ Care

13.11.2017

Etera Mutual Pension Insurance Company has divested the Tilkka hospital property to eQ Care Special Investment Fund Tilkka has significant cultural historical value nationally. Originally Tilkka operated as the central military hospital of the Finnish Defence Forces and was fully refurbished during 2007-2009. Today Tilkka is let to several healthcare operators and serves as the headquarters of Esperi Care Oy. Total lettable area is ca. 10,000 sqm. Mrec Oy and Hannes Snellman Attorneys acted as advisors to Etera. Roschier acted…Read more

Supercell to acquire Wood City office property from SRV

06.10.2017

Supercell to acquire Wood City office property and considerable part of parking facilities from SRV – construction work scheduled to begin next spring Supercell and SRV signed a conditional agreement for the purchase of the Wood City office building and parking facility in Jätkäsaari, Helsinki. The final contracts are required before the transaction can be completed, and it is expected that they will be signed in the first quarter of 2018. Construction work can begin earliest in spring 2018. Mrec…Read more

Hemfosa continued to establish its presence in Finland

08.03.2017

Hemfosa continued to establish its presence in Finland by acquiring a community service property from Turku Technology Properties Ltd at an underlying property value of about ca. EUR 16 million. The transaction in Turku comprises a property located in the center of the city comprising a total lettable area of 6,863 sqm. The property is fully leased with Turku Municipality as a tenant. The lease extends for ca 17 years and the annual rental income is approximately EUR 1.2 million.…Read more

Antilooppi acquires a landmark office property in Helsinki

22.12.2016

Antilooppi acquires a landmark office property in Helsinki from CBRE Global Investors for approx. EUR 100 million The 27,700 sq m building is built in 1920 and it is located in the Western Inner City of Helsinki in Punavuori. The property features a whole city block and it is one of the most architecturally striking industrial buildings in Helsinki with its brick façade and high ceilings. The building is let to several tenants and the majority of the tenants are…Read more

Hemfosa Fastigheter acquires community service property and small industrial property in Finland for approximately MSEK 420

31.10.2016

Hemfosa has signed an agreement to acquire, and has taken possession of, two properties in Espoo, Finland. The police authority and the office of the public prosecutor are the largest tenants. This acquisition, with a corresponding value of about SEK 420, will strengthen Hemfosa’s position in Finland, where its property portfolio is now worth approximately SEK 1.5 billion. The sellers are LocalTapiola Mutual Life Insurance Company and Elo Mutual Pension Insurance Company. The larger of the two properties is strategically…Read more

Hartela and Hansainvest have signed a deal on Ilmala office project

16.08.2016

The main users of Koy Ilmalan Asema are HSY and Hartela Hartela has agreed on the sale of Koy Ilmalan Asema to a fund of HANSAINVEST Hanseatische Investment-GmbH. The property is under construction and will be completed by the end of 2017. The lettable area of the property is approximately 11600 sqm and the sales price approximately EUR 50 million. The main tenants of the Hartela developed property will be municipal Helsinki Region Environmental Services Authority for waste management and…Read more

Antilooppi continues to grow in the Helsinki Metropolitan Area by acquiring landmark properties in the Hakaniemi area

29.01.2016

Antilooppi has as of today purchased three landmark properties at the Hakaniemi square in Helsinki with a purchase price exceeding EUR 30 million. The properties are located at the following adresses: Siltasaarenkatu 6, Siltasaarenkatu 8–10 and Paasivuorenkatu 4–6. After the acquisition Antilooppi is the sole owner of Siltasaarenkatu 6 and the majority shareholder in the Siltasaarenkatu 8–10 and Paasivuorenkatu 4–6 properties. The acquired properties include among others former Sokos department store as well as the Service Union United PAM headquarters.…Read more

Hemfosa Fastigheter acquires a further three community service properties in Finland at a value of approximately MSEK 500

22.01.2016

Hemfosa is taking further steps toward becoming a broader Nordic player in community service properties with the acquisition of a further three community service properties in Finland. Hemfosa currently focuses on Sweden and has a growing property portfolio in Norway, where the first acquisitions took place at the start of 2016. Hemfosa has reached an agreement concerning the acquisition of three community service properties in the south of Finland at an underlying property value of approximately MSEK 500. Two of the properties are situated in…Read more

Pangea Property Partners and Mrec establish strategic cooperation

18.01.2016

Pangea Property Partners, with offices in Stockholm, Oslo and London, and Helsinki-based Mrec today announced that the two companies have entered into cooperation on a project basis in order to take advantage of the increase in cross-border property transactions in the Nordic region. The cooperation is mutually beneficial, strengthening Pangea Property Partners in Finland and giving Mrec a broader Nordic and international reach. It will commence immediately and builds on an existing research cooperation. “We now have the benefit of…Read more

Hemfosa Fastigheter enters Finnish market – acquires two community service properties at a value of approximately MSEK 500

21.12.2015

Hemfosa is taking an important step toward becoming a broader Nordic player in community service properties with the acquisition of two such properties in Helsinki. Hemfosa currently focuses on Sweden and has a growing property portfolio in Norway, where the first acquisitions took place at the start of the year. Hemfosa has acquired the site leaseholds to two community service properties in the Helsinki area at an underlying property value corresponding to approximately MSEK 500. The seller is NV Property…Read more

Antilooppi continues agile growth in the Helsinki Metropolitan Area by acquiring a landmark office building from Auratum

15.12.2015

The newly established real estate company Antilooppi continues rapid growth by acquiring Hämeentie 19 near Sörnäinen metro station from a fund managed by Auratum Kiinsteistöt Oy. The acquired property comprises of three attached buildings with a lettable area of approximately 22.500 sqm. Hämeentie 19 was originally constructed in several phases since 1933 and it has been extensively renovated in recent years. The property currently houses several tenants including Restel Oy, Seure Henkilöstöpalvelut Oy as well as City of Helsinki department…Read more

Mrec advises Ilmarinen in a HMA office transaction exceeding EUR 400 million

18.05.2015

Ilmarinen is reorganising its real estate portfolio by selling several office properties to a new joint venture. The joint venture consists of Ilmarinen and the Swedish pension company AMF, both of which have a 50 per cent share. Fifteen properties located in the Helsinki region will transfer to the new joint venture. The key properties being transferred are Ympyrätalo in Hakaniemi, Helsinki, Tietotie 11 in Vantaa (including Finnair’s head offices), Karaportti 1-3 in Espoo (Nokia’s head offices) and a property…Read more