The 27,673 sqm landmark building is located in the south-west part of Helsinki and by the sea in Punavuori. The property, built in 1920, occupies an entire block and has distinctive features including 3-5 meter ceiling heights on the main office floors and concrete and glass structures. The asset is let to several tenants including Aller Media, Hasan & Partners and Spotify.
 
Andreas Norberg, Head of Transactions and Managing Director, Nordics, CBRE Global Investors commented: “We have owned Merikortteli for nine years, and having successfully reconfigured the building and through active asset management we have been able to position this asset as the chosen location for creative office occupiers in Helsinki. We believe we have maximised value for our investors within our business plan period. Merikortteli is a building with great character, and as such we are very pleased to have found a buyer like Antilooppi whom we know will continue to manage the asset to its full potential.”