ARTICLES TAGGED WITH "Borenius"

Prisma acquires seven modern grocery properties in Finland

Finland Finland — Prisma Properties has entered into agreements to acquire seven modern grocery properties in Finland at an underlying property value of EUR 19 million. The properties comprise a total of approximately 7,400 square metres of lettable area and are fully let to the grocery retailer Kesko Oyj under the K-Market concept. The total annual rental value amounts to approximately EUR 1.6 million with a weighted average unexpired lease term (WAULT) of 8.6 years. The acquisitions represent another important step in Prisma’s continued establishment in the Finnish market and strengthen the company’s strategic focus on the grocery segment.

Corum makes new Finnish acquisition

Finland Finland — Heino Group sold Valio Aimo's distribution centre in Kuopio to Corum.

Cobbleyard buys the Uschakoff House

Finland Finland — Borenius is advising Cobbleyard Real Estate on the contemplated acquisition of Pohjoisesplanadi 19 (Uschakoff House).

S-Bank’s Funds Sells Almost 400 Apartments to Avara

Finland Finland — S-Bank’s funds have sold a residential portfolio of almost 400 apartments to Avara Residential Fund II. The portfolio consists of 17 assets, of which 8 are wholly- and 9 minority-owned. The leasable area of the portfolio is approximately 20,000 sq m.

Aktia Purchases Office Property in Tampere from Varma

Finland Finland — Mutual pension insurance company Varma has sold an office property in Hervanta, Tampere to special investment fund Aktia Toimitilakiinteistöt.

SRV-developed Niittykumpu Metro Centre Sold to OP-Vuokratuotto

Finland Finland — The SRV-developed metro centre to be built next to the Western Metro’s Niittykumpu station in Espoo, Finland, has been sold to OP-Vuokratuotto special investment fund.