Balder continues to invest in Finland. The company is the principal owner of Sato - but it has also made acquisitions under its own flag. In January, Balder bought three properties in Finland that house car dealerships from Länsiauto. All three properties are located in southern Finland and are run by K-Caara.
Now Balder has struck again. Autokiinteistöt Laakkonen Oy has sold seven car retail properties to Swedish real estate investment company. Properties are located in Tampere, Lahti, Kuopio, Joensuu, Hämeenlinna and Hyvinkää. The total lettable area of the properties is approximately 50 000 square meters of which almost 40 percent is in Tampere. All of the Properties are let to K Caara.
Catella Property Oy acted as a financial advisor and Krogerus Attorneys Ltd as a legal advisor to Autokiinteistöt Laakkonen Oy in the sales process.