Despite the Pandemic: The Retailer to Execute Investment Plan

Finland Finland — Timo Myllynen, Head of Asset Management, HOK-Elanto: “We have seen that grocery store properties are facing a high demand at the moment.”

HOK-Elanto Buys Retail and Office Assets in Helsinki

Finland Finland — Tarkala Oy has sold retail and office premises located near Helsinki city centre to HOK-Elanto.

Skanska Subsidiary Acquitted in the Matter Involving Former Real Estate manager of HOK-Elanto

Finland Finland — The Helsinki District Court in Finland dismissed the charges against one of Skanska’s subsidiaries, Skanska Talonrakennus Oy, and the demand for a corporate fine. The case involves a former real estate manager of the Finnish company HOK-Elanto and is about assessing certain sports sponsorship payments that Skanska Talonrakennus Oy has made before 2013. The decision can be appealed.

Niam Acquires Shopping Center in Helsinki

Finland Finland — HOK-Elanto sells Kaari shopping centre to Niam in the first 100 % sale of a major shopping centre in Helsinki since 2008. The Kaari center is Helsinki’s fifth largest shopping center with a total lettable area of 48,000 sqm.