23 December 2021, Finland | Corporate Finance | News
Catella acted as the exclusive financial advisor of MEAG, the global asset manager of the insurance company Munich Re and ERGO, in the acquisition of a prime logistics property in Runosmäki, Turku from YIT.
The property has excellent transport connections, a short drive from the centre of Turku and close to the airport and two major ports. The total floor area of the building will be approximately 8,800 square metres. In addition to logistics and storage facilities, the building will also have office facilities.
Construction work started in August 2021 and the project is scheduled for completion in May 2022. The main tenant of the property will be Tunturi Oy Ltd.
Catella acted as MEAG’s exclusive financial advisor in the acquisition process.
For further information, contact
Markus Juvala
Director
Tel. +358 50 3737 540
markus.juvala@catella.fi
Antti Louko
Managing Director
Tel. +358 50 5277 392
antti.louko@catella.fi