“This investment is a great new value-add acquisition for Areim in Finland complementing our existing Finnish portfolio and being well positioned with where we believe the property market is headed”, commented Therese Rattik, CEO of Areim.

The asset consists of some 15,000 sqm of lettable space and the transaction allows Areim to continue executing on one of its key real estate strategies in the Helsinki market. GE Healthcare Finland Oy will remain as an anchor tenant in the building and maintain ownership of the adjacent properties in the same block.

With this acquisition Areim’s portfolio in Finland grows to a total of eleven directly owned assets in addition to Areim’s position in Sponda. The Helsinki office has expanded to a team of seven members focusing on acquisitions, leasing and asset management.