Kasarmikatu 21 has been fully let with exceptionally long lease agreements. The average lease duration is greater than ten years. The building’s office tenants are the anchor tenant Roschier Attorneys, Danske Bank, financial services company Taaleri, private equity company Sentica Partners and Elron, which provides energy industry advisory services. The property’s restaurant and event service entity has been rented to the operators of restaurant Juuri. The ground-floor retail premises will be occupied by the Helsinki-based Nomart, which imports furniture.
“Our joint team succeeded in creating a unique property investment product that exceeded all expectations. The investors valued the property’s excellent tenant mix and the high quality of construction,” says Kari Helin, CEO at HGR Property Partners.
“All solutions in Kasarmikatu 21 have been selected and realised with care. The modern building that still fits in the historic surroundings offers comfortable, flexible premises for those working there and living environment for the people of Helsinki, that we can all be proud of,” says Timo Lehmus, Director at YIT.
One of the central objectives of Kasarmikatu 21 is to raise the profile of the Kaartinkaupunki neighbourhood and enliven the Kasarmitori surroundings.
“With excellent co-operation, we have developed an exceptional new building in the city centre that raises the bar on the quality criteria of office properties to a whole new level. It has been great to see that significant international property investors are interested in these kinds of assets in the Helsinki city centre,” says Hans Sohlström, President and CEO at Ahlström Capital.
Office Property Sold in Helsinki
Finland — A property company owned by YIT Ahlström Capital and HGR Property Partners has signed a contract on the sale of the Kasarmikatu 21 office property to an international investor.
Maria Olsson Äärlahtmaria@nordicpropertynews.com