Kojamo Completes the Purchase in Helsinki
Finland Kojamo has completed the purchase of seven properties occupied by Metropolia University of Applied Sciences.
Under the terms of the agreement, the fixed sales price is set at EUR 80.9 million, as determined by a valuation based on existing building rights to develop further commercial provision. The sales price may be adjusted in the event that the building rights are amended following a revision of the local plan as applied for by the purchaser.
The purchase will deliver new growth in the Helsinki region in line with Kojamo’s strategy, and the new properties will make it easier for people to relocate in pursuit of employment in urbanising Finland.