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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.

Newsec Property Outlook Spring 2019: (Co-)working 9 to 5 – is that the new way to make a living?

Press release
Mar 6 2019 08:16 CEST

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.

Newsec advisor in largest office transaction ever in the Baltics

Press release
Feb 15 2019 08:08 CEST

The S7 office complex consists of four buildings. Three of these building, with a total office space of 42.500 square meters gross leasable area, are part of the deal. The transaction of the first building, called DC PIER, takes place this week while the transaction of the second and third building will take place in Q2 and Q3 of 2019 respectively.

Investment demand remaining strong in Finnish property market - Newsec Finnish Property Outlook Spring 2019

Press release
Feb 13 2019 11:50 CEST

Property investment prices in Finland have not fluctuated with the stock market but experienced steady growth, and the number of transactions will again be higher than normal this year. In addition to traditional office properties, rental apartment buildings, logistics properties and consumer goods store properties are becoming increasingly attractive to investors. Municipalities are increasingly keener to outsource their properties.

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