The healthcare property is located in the heart of the City of Raisio and is fully occupied with long lease agreements. The largest tenant is Mehiläinen, the leading Finnish private healthcare operator. The property, built in 2009, offers lettable area of approximately 1,300 sqm.

Antti Pitkänen, Real Estate Director, Conficap: “Thanks to the buyer's advisors and JLL for a professional and efficient transaction process. Conficap continues to sharpen its real estate strategy and we are systematically developing our portfolio accordingly. It is also great to see that there is strong demand for high-quality properties combined with solid tenants.”

Antti Pelli, Senior Director, JLL Capital Markets Finland:

“We are pleased to have been able to assist Conficap on a successful sale. The appetite for high-quality healthcare investments in Finland remains strong and investors are interested in the attractive return profile together with the underlying long-term market fundamentals in Finland. We are also pleased to continue building our strong track record in the healthcare market and we want to thank Conficap and SBB for the smooth transaction.”

JLL acted as Conficap’s sole commercial advisor in the transaction. Avance acted as the seller’s legal advisor in the transaction.