AEW Makes EUR 108M Acquisition from Stockmann
Finland Stockmann has signed an agreement to sell the iconic retail and office property known as the Book House. The purchaser is the AEW Europe City Retail Fund.
The purchase price is EUR 108.6M. JLL acted as Stockmann’s sole commercial advisor in the transaction. Avance provided legal advice.
Cushman & Wakefield was advisor to the buyer.