Sagax Makes Double Acqusitions in Helsinki

Finland — Sagax has acquired a property in Vantaa, close to the airport in metropolitan Helsinki, of 6,600 sqm lettable area and 17,000 sqm freehold land area. At the same time Sagax acquires a property in Helsinki with 2,200 sqm lettable area.

2017-02-28

The properties are fully let with a six year remaining lease on average. The rental value is MSEK 12.5 (EUR 1.3M). The transaction price is MSEK 129 (EUR 13.5M).

Axel Ohlsson

[email protected]