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Nordic Update
Patrizia sells EUR 41 million office building in Helsinki
Publicerad: 15 februari 2019, 18:57
Photo: JLL
Patrizia Immobilien has sold an office building in central Helsinki for EUR 41 million. The property, located at Itämerenkatu 5 in the Ruohalahti district, was sold to Finnish special investment fund eQ Finnish Real Estate.
The property was built in 2001 and is a multi-let office building with a total LFA exceeding 8,000 sq.m. Patrizia acquired it in 2016 and since then the property has undergone an extensive asset management programme, according to a press release from JLL which was exclusive adviser to Patrizia in the transaction.
Sverrir Thór