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ARTICLES TAGGED WITH "Stockmann"

After the Major Department Store Sale: This Will Happen Now

Finland Finland — Keva has acquired Stockmann’s department store property in Helsinki. Jari Latvanen, CEO of the listed retail giant, on why they chose to divest the property at this stage.

After the Blockbuster Acquisition – Here Are Keva's Nordic Growth Plans

Nordic — Keva makes a blockbuster transaction with the acquisition of Stockmann's property in central Helsinki for EUR 400M. Carl-Henrik Roselius, Head of Real Estate Investments at Keva, tells Nordic Property News about the acquisition, Keva's property portfolio and how they want to continue to grow the property business.

Keva Acquires Stockmann’s Department Store Property for EUR 400M

Finland Finland — Keva has acquired Stockmann’s department store property in Helsinki. Stockmann will continue to operate out of the property under a long-term leaseback and the leases of other tenants will also continue largely as at present. The property is fully let.

Stockmann to Sell Nevsky Centre

Finland Finland — Stockmann plc has signed an agreement to sell its Nevsky Centre shopping centre property in St. Petersburg, Russia, to PPF Real Estate for a purchase price of EUR 171 million.

Stockmann on the Giant Divestment to AEW – and Possible Future Divestments

Finland Finland — CEO Lauri Veijalainen tells Nordic Property News of the EUR 108M divestment of the Book House and other possible divestments to come.

AEW Makes EUR 108M Acquisition from Stockmann

Finland Finland — Stockmann has signed an agreement to sell the iconic retail and office property known as the Book House. The purchaser is the AEW Europe City Retail Fund.