The property is Hemsö’s first educational property in Helsinki. The tenants are Aalto University and the Hanken School of Economics. The property is situated in a prime location in central Helsinki near convenient transport links. The underlying property value is approximately EUR 12.5M.

“This acquisition has allowed Hemsö to establish a position in the education segment in Helsinki and increase its share of public-sector tenants in Finland, entirely in line with Hemsö’s investment strategy. The acquisition has strengthened Hemsö’s presence in Helsinki, which of course is gratifying,” says Jarkko Leinonen, Hemsö’s Country Manager Finland.

The seller of the property is Aalto Universitetsfastigheter and Hemsö will take possession of the property immediately