Stendörren Fastigheter establishes itself in the company's new market Helsinki through the acquisition of the industrial properties Tiilitie 8, Tiilitie 10 and Pyymosantie 4, Vantaa from a local real estate company. The properties will be Stendörren's first acquisition in the attractive Helsinki region. The agreed property value amounts to EUR 6.9 million, corresponding to approximately SEK 75 million, and the total lettable area amounts to 6,591 square meters. The properties are rented to several different tenants.
“We are very pleased to be able to continue our expansion in another new market through the first acquisition in the Helsinki region. We have been following the market for some time and see that there are attractive businesses here that can contribute with good returns and value growth. The properties are located in the established industrial area Petikko, Vantaa and have good development potential”, says Erik Ranje, CEO of Stendörren.