The shopping centre portfolio consists of 18 properties in Finland.
The properties are located in eight cities, mainly in university cities and CBD locations. The largest part of the portfolio is located in Lappeenranta, where the most significant assets are shopping centres Weera and Armada.
The lettable area of the portfolio is approximately 60,000 sqm and the tenant mix of the portfolio includes well known retail and hotel industry chains.
Catella acted as the seller’s advisor on the transaction.
Shopping Centre Portfolio in Finland Sold
Finland —
Hatfield Philips has sold the “Reindeer” shopping centre portfolio to City Kauppapaikat Oy, which is a Finnish real estate investor and developer that already owns several shopping centres.
2016-03-03
Nicklas Tollesson
[email protected]