9 October 2017, Finland | Corporate Finance | News
OP Group has sold three office properties in the Helsinki metropolitan area in two separate transactions. The sold properties have excellent micro-locations in established office areas of Kalasatama, Vallila and Aviapolis. The buyers were Antilooppi and Special Investment Fund eQ Finnish Real Estate.
Antilooppi acquired a flexible office property located in the address Hermannin Rantatie 10, near the Kalasatama metro station and a modern office property built in 2000 which is located in the address Elimäenkatu 5. The lettable area of the Kalasatama property is approx. 5,900 sq.m. and for the Vallila property approx. 10,000 sq.m.
eQ Finnish Real Estate acquired the high quality business park building Plaza Loiste located in Aviapolis. The lettable area of the property is approx. 6,800 sq.m.
The total lettable area of the properties sold is approx. 23,000 sq.m. and the total transaction price is approx. 60 million euro.
Catella served as the financial advisor of the seller in the transaction.
OP Group is the leading financial services provider in Finland. The group’s operations are divided into three segments which are banking, insurance and investment management.
Catella has a leading position in property advisory services, and has offices in 5 cities in Finland. Catella’s advisory services have been ranked the best in Finland in Euromoney’s annual survey for several years, latest in 2016.
Helsinki, Finland
Petteri Heikkinen
Director, Head of Sales and Letting
Direct: +358 10 5220 360
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