Finland — NREP Nordic Strategies Fund, a fund managed by Nordic Real Estate Partners (NREP), has acquired a modern office building in Pitäjänmäki, Helsinki.

Sweden — American Starwood purchased Sveareal in January, owning properties in Sweden at a total value of approximately SEK 7 billion (€0,75 billion). Newsec has now been assigned management of the portfolio.

Sweden — TIAA Henderson Real Estate (TH Real Estate) has sold the Swedish retail park Ingelsta Markn, on behalf of its German joint venture - Warburg-Henderson. The park has been acquired by Niam for €30 M.

Finland — The SRV-developed metro centre to be built next to the Western Metro’s Niittykumpu station in Espoo, Finland, has been sold to OP-Vuokratuotto special investment fund.

Sweden — The Swedish wind power developer Kraftö are now initiating the construction of Sörby wind farm, comprising 122 MW for the international insurance company Allianz, who acquires their third wind farm in Sweden. The park, that will consist of 37 Vestas V117 3.3 MW windmills, is calculated to be put into operation during the fall of 2016. Newsec has been exclusive advisors in the deal.

Finland — Kai Keituri, Executive Chairman at Newsec Finland detects an increased interest in Finland from international investors. “Last year the transaction volume in Finland doubled, and we believe that the volume will remain as high this year”, he says.

Sweden — Low interest rates, higher risk willingness, good availability of financing and a relatively low risk of vacancies have led to continued decline in the yield requirements for Swedish properties, while the yield beyond prime locations are beginning to approach primary levels, according to this spring´s new issue of Newsec Property Outlook.