Upon completion, the property will be part of a new landmark in the regional city of Kuopio, strategically and centrally located next to the railway station and travel center. The future tenant base will mainly consist of offices and grocery retail, with the largest tenant being Finland's most dominant grocery chain Kesko. The property will have a leasable area of approximately 4.5 thousand square meters. To date, approximately 76 percent of the area is leased with an average remaining contract period of 9.4 years and a contract structure where the tenants bear most of the running costs. The property will be certified according to LEED Gold. The property will be accessed upon completion, which is estimated for March/April 2022.
“We are acquiring a completely newly produced property in Kuopio, a strong regional city with university in eastern Finland. This is a high-quality addition to Nyfosa’s portfolio in Finland,” comments Stina Lindh Hök, CEO of Nyfosa.