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Nordic Update

Commerz Real re-enters Finland

Publicerad: 18 januari 2019, 09:58

Tripla Workery. Illustration: YIT.

German asset and investment manager Commerz Real has re-entered the Finnish market by acquiring the high-rise complex “Tripla Workery” from Finnish construction giant YIT. The property, located in the Pasila district in Helsinki, is acquired by the fund Hausinvest managed by Commerz Real for an undisclosed amount.

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Tripla Workery is currently under construction and expected to be completed in 2020. The complex consists of three office buildings, with a total LFA of 49,500 sq.m. of with 64 per cent has already been leased with Telia Finland an Regus as key tenants.

The buyer was advised by Aleksandra Attorneys and Mrec Oy, according to a press release.

Sverrir Thór

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