The Life Science Center Keilaniemi property comprises five interconnected office buildings completed between 2004 and 2008, and benefits from a strategic location in the Keilaniemi office area, close to the Keilaniemi metro station and the Aalto University campus. The property has an occupancy rate of 93 per cent, with notable tenants such as state-owned IT-service provider CSC and pharmaceutical companies Bayer Nordic and Ratiopharm headquartered in the property.
Originally acquired in 2009, the Life Science Center Keilaniemi property was Commerz Real’s last remaining property in Finland following the sale of the Lintulahti office building earlier this year.
The purchase price is confidential, however JLL can report that the transaction marks Finland’s largest office single asset transaction thus far in 2016.