The multi-let 15,200 sqm property will be refurbished and upgraded to suit the increased demand for modern and sustainable premises demanded by tenants. Porkkalankatu 3 is located close to the metro and the Western Highway.

“This is the eleventh acquisition on behalf of GNRE Fund II and a great addition to ourportfolio of centrally located office properties in Helsinki. The property’s potential andlocation suits our investment strategy perfectly. Helsinki has for a long time been a key market for us and we continue to see a great deal of interesting opportunities. Going forward, we hope to acquire more properties similar to Porkkalankatu 3”, comments Genesta’s CEO David Neil.

Aleksandra Attorneys advised Genesta during the transaction.