The property was built in 2012 and has 12,689 sqm of modern leasable area. There are 25 tenants, with Hong Kong (supermarket), Mekonomen  (the largest automotive spare-part chain in the Nordic region) and Stadium Outlet (sporting goods) as anchor tenants. The occupancy rate of the acquisition is 97 percent. In addition, the acquired property has a significant amount of unused land and building rights.

“The Kuopio region enjoys the 6th highest population growth in Finland, which concentrates in the city of Kuopio. It is thus self-evident that our fund wants to have a presence in Kuopio, and we are glad to have made our first acquisition in the city”, Director Risto Aro comments on the fund’s latest purchase.

The seller’s financial advisor in the transaction was Aveon Advisors Oy.