Catella acted as Senate Properties’ financial advisor in the divestment of a historic city block in Helsinki

The target of sale is located in the Helsinki city centre, next to the Hietalahti market square in the Kamppi district.

The block comprises six buildings of which the oldest one dates to 1820s. The architects of the buildings include C.L. Engel and Evert Lagerspetz.

The buildings have a total area of almost 10,000 square metres. In addition, there is unused building right in the block. The block is located in a strongly developing area in the immediate vicinity of the Helsinki city centre, which provides an excellent opportunity for the development of the block. During its history, the block has been used as a military hospital and by the Technical Research Centre of Finland among others.

Catella acted as Senate Properties’ financial advisor in the sales process. Senate Properties manages a major part of the Finnish government’s property assets. The seller is the State of Finland.

For more information, contact:

Markus Juvala
Director
tel. +358 50 3737 540
markus.juvala@catella.fi

Erkki Hakala
Director
tel. +358 50 3625 768
erkki.hakala@catella.fi

Antti Louko
Managing Director
tel. +358 50 5277 392
antti.louko@catella.fi