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Nordic commercial real estate market headed for a new all-time high

Press release
Mar 3 2020 07:00 CEST

The macroeconomy is weakening but the outlook for commercial real estate in the Nordics remains strong. According to new figures from Newsec, the leading Nordic property advisor, 2021 will be the strongest transaction year in the coming five-year period and probably this decade. In 2020, Newsec forecasts a Nordic transaction volume of around EUR 45 billion followed by a new all-time high of EUR 50 billion in 2021.

High-profile contracts across the Nordics makes Newsec second largest in Europe

Press release
Feb 17 2020 08:00 CEST

Newsec Property Asset Management has the latest quarter won a great number of large contracts with prominent clients across the Nordics and has now 40.5 million square meters under management. The Nordic company is thereby the second largest Property Asset Management company in Europe, when looking at square meters under management. Among the new clients are Sampension and PKA in Denmark, Aberdeen Standard Investments in Sweden and a number of residential clients in Finland.

Newsec Property Asset Management Hires COO with solid Industry Background

Press release
Jan 16 2020 07:00 CEST

Over the past years, Newsec Property Asset Management has grown rapidly mainly through acquisitions and is now the second largest company in Europe when looking at number of square meters under management. This growth journey is expected to continue and Newsec therefore hires Rikard Nyhrén as Chief Operating Officer, COO, with responsibility for simplifying ways of working and spreading best practice within the Group. Rikard comes from a role as Head of Property at the Swedish company Hemsö.

Newsec advises Schage Eiendom AS in Baltic, record-breaking deal

Press release
Oct 11 2019 10:05 CEST

Newsec advised Norwegian Schage Eiendom AS on the sale of the Quadrum BC in Vilnius, Lithuania for EUR 156.1 million. German Deka Immobilien and Schage Eiendom AS have entered into an agreement regarding the largest office transaction to date in the Baltics. Expected to be closed within two months, subject to competition authority approval, the Quadrum BC will be the third investment by Deka Immobilien in Lithuania.

Newsec partner with IISY to improve clients’ indoor climate

Press release
Oct 9 2019 11:40 CEST

Newsec and IISY announces a partnership covering the Nordic and Baltic countries. This will provide Newsec's clients easy access to digital expert services that prevent indoor climate problems and enable predictive technical maintenance in large property portfolios. The turnkey-solution creates significant value to property owners by securing property value development, lowering maintenance costs, and improving tenant satisfaction with indoor climate.

Newsec Property Outlook Autumn 2019: what does the future hold for retail properties?

Press release
Sep 18 2019 08:23 CEST

In the latest edition of Newsec Property Outlook, which launched today, Newsec take a look at the state of the retail real estate segment and the results highlight a wide spread within the segment. The best retail continues to flourish and has had one of its strongest years in 2019. Retail of medium quality is beginning to encounter challenges, and poor retail that has underperformed for a while now is beginning to face even tougher conditions.

Residential and logistics properties in Finland attracting investors - Newsec Finnish Property Outlook Autumn 2019

Press release
Sep 13 2019 08:00 CEST

Newsec estimates that the transaction volume in Finland will amount to approximately EUR 7.5 billion this year. There is no lack of investment demand, and foreign investors’ interest in Finland remains strong. The demand for prime properties continues to exceed supply.

Newsec acquires Tjuvholmen Drift AS

Press release
Jun 26 2019 10:48 CEST

“Through the acquisition of Tjuvholmen Drift's portfolio of approximately 300.000 square meters, we get a good foundation for further growth and development of professional management and advisory...

Newsec and Aberdeen Standard Investments enter new property management agreement

Press release
Jun 18 2019 07:00 CEST

Newsec has signed a comprehensive property management agreement with Aberdeen Standard Investments regarding their total property portfolio in Sweden of approximately 300,000 square meters. The procurement has taken place in tough competition, with great focus on finding a management partner that matches Aberdeen Standard Investments' high demands on quality and local presence for a real estate portfolio in constant change.

Newsec and Logicor to enter into a property management service agreement covering more than a million square meters

Press release
Jun 13 2019 17:06 CEST

The service agreement includes all of Logicor's approximately 80 properties in Finland, covering a total area of more than a million square metres.

Mikko Tenhola appointed Head of Newsec Advisory in Finland

Press release
Mar 18 2019 12:41 CEST

Mikko Tenhola has been appointed new Head of Newsec Advisory in Finland from August 1, 2019.He joined Newsec in 2009 and has been deputy Head since 2017. The current Head Juhani Reen will retire at the end of 2019.

Morten Jensen appointed new Head of Newsec Advisory in Denmark

Press release
Mar 6 2019 10:00 CEST

Morten Jensen has been deputy MD at Newsec Advisory in Denmark since 2015 and has previously held various leading positions within the real estate and financial industries. He has worked within the real estate sector since year 2000. Morten was also the Chairman of the Board for RICS Denmark 2011-2017. He is a Danish citizen, born 1973 and has an MSc in Business Economics and Auditing from Copenhagen Business School and became state authorized public accountant in 2006. He also has an Executive MBA from Henley Management College.

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