The acquired property benefits from excellent transport connections. The Ruoholahti tube station with more than 32,000 daily passengers is located under the building. Bus and tram stops are a few steps away.
“Offices in Helsinki CBD and surrounding areas are still attracting tenants, and lease levels have continued on a moderate growth path. There is healthy demand for renovated office space with good accessibility and re-letting is quicker in such properties. The location of the building is excellent, and we will invest in upgrading the property to better meet the demands of today’s office rental market”, says Risto Aro, Director of Real Estate Investments at Trevian Funds AIFM.
The seller’s advisor in the transaction was Newsec.