The debt-free purchase price of the apartment stock to be sold is EUR 97M. 

The apartments to be sold are located in Hämeenlinna, Jyväskylä, Kotka, Kouvola, Kuopio, Lahti, Lappeenranta, Mikkeli, Pori, Porvoo, Riihimäki, Rovaniemi, Tampere, Turku and Vantaa.

The purchase is conditional on the prerequisites for an ordinary real estate transaction. The parties’ objective is to finalise the transaction during the second quarter of 2018.