The acquisition regards Hämeentie 15, a historic and strategically located office property in the Sörnäinen district, where the post-industrial environment and creative atmosphere have made the area increasingly central, accessible and in high demand for offices and business premises. Sörnäinen is located just north of the CBD with excellent communications. It is also a short walk to the intensively developing Kalasatama and the properties that were part of our acquisition of the real estate company Lindström Invest in mid-November.
Hämeentie 15 was built in 1956 with an extension in 1990. The building also offers service in the form of a gym, a restaurant and a sauna with a terrace on the top of the building.
“It feels great that we have made a good acquisition in a good submarket. We signal our ambition to be active in the continued expansion in Helsinki,” states Henrik Saxborn, CEO of Castellum.
The seller is Capman. CapMan acquired the building in 2016. During its ownership, CapMan has completed an extensive refurbishment of the property and transformed it to fit with the neighbourhood’s profile. The previously outdated office layout has been modernised to flexible open-office space to accommodate the quality-conscious tenant base. The majority of the 7,880 sqm leasable area has been re-leased during CapMan’s ownership.
Hämeentie 15 was built in 1956 with an extension in 1990. The historic property is strategically located just north of Helsinki CBD where the post-industrial environment and creative atmosphere meets the demand for accessible and increasingly central offices and business premises. Hämeentie has undergone significant re-development during recent years to accommodate for public and light transport and to increase the attractiveness of the area.