Ecorum advised CapMan on acquisition of an office property

CapMan Nordic Real Estate II fund acquired an office property in the heart of Helsinki, just one block from Esplanadi in the address of Korkeavuorenkatu 30. The prestigious property comprises circa 2.200 sqm of lettable area. The seller was Aberdeen Standard Investments and Ecorum Oy acted as CapMan’s commercial advisor. Additional information: Aarne Nurminen, CEO +358 50 511 4456…

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Recruiting was a success!

Our team has strengthened during Autumn. Tuomas Hirvonen holds a M.Sc. (Tech.) degree and focuses on transaction advisory. He also brings the insight of authorized real estate valuer (AKA) into the projects. Rolf Hyttinen holds a B.Sc. (Econ. & Bus. Adm.) degree. He assists in Ecorum’s projects while completing his Master’s Degree in Economics and Business Administration. For more…

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EXPOREAL 2018 – what a positive event with a few clouds in the sky!

If the money I am investing would be my own - should I make the investment to fulfill my target? If the premises become vacant, can I lease them? Do I really believe in the deal? These simple questions may advise before making the final decision to purchase. In Munich I noticed some investors having doubts and concerns about how long ‘the party’ continues. Some funds have even stopped raising…

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Ecorum is now on Bulevardi

We have moved to a new address with modern office premises. Our new address and phone number are: Address: Bulevardi 6, 00120 Helsinki, Finland Phone: +358 10 419 4900 Our other contact information remains unchanged. Our new office is located on the second floor at the corner of Bulevardi and Yrjönkatu. Q-Park Iso-Erottaja is the closest car park, which has a direct exit to Bulevardi. Come and…

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Finnish Evangelical Lutheran Mission (“FELM”) – Development of a historic building, Sale of residential building right and Tenant representation

FELM´s long term activity aims to promote human dignity and justice around the world. FELM currently has operations in 30 countries with more than 100 partner churches and organisations. FELM decided to sell their headquarter premises at Tähtitorninkatu in Helsinki and the sale was completed in the first quarter of 2018. FELM’s office premises included approximately 100 workstations. Prior to…

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Are we facing a bigger change in the property market?

Has the market already reached its peak? Are we leaning towards downturn? Looking at the news and observing the signals from the market we may have. Understandably each European country is in a slightly different position in the economic cycle, however, we all are facing the same risks. The increasing interest rates, economies cooling down and the unpredictable changes in the political…

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Ecorum advised Invester Oy in a divestment of prime retail premises in Helsinki CBD

Ecorum acted as Invester Oy’s exclusive commercial advisor in a divestment of prime retail premises in Helsinki CBD. The divestment was carried out as restricted sales process and completed in a short timeframe. Invester Oy is a subsidiary of EM Group Oy. Additional information: Aarne Nurminen, CEO +358 50 511 4456 aarne.nurminen@ecorum.fi

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MIPIM 2018 – Real estate market stays strong

I have visited MIPIM since 1996 and haven’t missed a single year. During my visits to Cannes I have learned how to observe the market trends of the real estate sector and how it genuinely gives you a good feeling where we are in the business cycle. MIPIM 2018 was active and positive. Plenty of money around and investment teams saw many new opportunities presented to the market. Price expectations…

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Roschier, the leading law firm in the Nordics moves in to their new premises

Ecorum acted as Roschier’s property advisor in their long-term premises project. The main objective of the project was to provide Roschier with modern premises tailored to the needs of their future requirements from the center of Helsinki. Ecorum was responsible for sourcing premises options and acted as the commercial adviser for Roschier in the lease agreement negotiations. After careful…

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Ecorum acted as White & Case Finland’s advisor in their premises project

Ecorum scouted the leasing market in Helsinki Central Business District for White & Case to find premises that fully support the client’s core business. Ecorum advised White & Case in the lease agreement negotiations and throughout the entire premises project. In execution phase, Ecorum tendered technical advisers and architects for the design and renovation of the new premises. As a…

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