Local Tapiola Acquires Espoo Hospital for EUR 295 Million

Finland Finland — Due to the implementation of the health and social services reform, the City of Espoo has prepared the sale of the Espoo Hospital property to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky (Local Tapiola). The bill of sale has been signed conditionally and the transaction will be completed if approved by the Espoo City Board.

Local Tapiola's Fund Acquires Two Public Use Properties in Oulu

Finland Finland — A public property fund owned by Local Tapiola has acquired Kastelli research center property in Oulu. It´s located next to the Oulu University hospital, and at the heart of the actively developing Kontinkangas welfare campus.

Local Tapiola Sells Prime Residential Portfolio

Finland Finland — ​Local Tapiola Real Estate Capital Funds Ltd.'s managed fund LähiTapiola Asuntorahasto Prime Ky has sold a portfolio of ten prime residential properties providing a total of 547 apartments and a lettable area of 28,800 square meters to OP-Rental Yield special investment fund.

DWS Acquires 42,000 sqm in Aviapolis

Finland Finland — Elo Mutual Pension Insurance Company, together with Local Tapiola General Mutual Insurance Company have sold a prime logistics property by the Helsinki-Vantaa Airport to DWS.

AXA Acquires Four Residential Properties from Local Tapiola

Finland Finland — Local Tapiola General Mutual Insurance Company has sold a portfolio of four residential properties with a total of 119 apartments and a lettable area of 6,648 sq m to AXA IM.

Largest Single Asset Transaction Ever in Finland

Finland Finland — A Finnish institutional joint venture led by SRV is set to launch construction of €480M REDI Shopping Centre in Helsinki.