Sales process and construction financing of HSY and Hartela headquarters in Helsinki


Mrec advised Finnish construction company Hartela in the divestment of Ilmalan Asema construction project, a prime headquarter office property in a developing area of Ilmala, Helsinki. Ilmalan Asema was sold for approximately EUR 50 million as a forward purchase project to a German core investor HANSAINVEST. Mrec also advised Hartela finding a factoring solution, selling forward purchase receivables to a third-party financier.

Establishment of Antilooppi – a new real estate investment platform investing in Helsinki offices


Mrec acted as an exclusive advisor to Ilmarinen Mutual Pension Insurance Company in the sale and JV structuring of EUR 400 million office portfolio in Helsinki. The portfolio was acquired by a new JV structure Antilooppi, established by Ilmarinen and the Swedish pension company AMF. Following the transaction Mrec was responsible for the interim management of Antilooppi as an operating partner together with Swedish Cavendo AB. During the interim management period, Antilooppi made new acquisitions worth EUR 250 million, signed…Read more

Trevian divests a portfolio of care properties worth EUR 100 million


The fund management company Trevian sold an entire limited partnership property fund holding a total of 15 care assets to a Swedish investor Hemsö Fastighets AB. The total transaction volume was approximately EUR 100 million. Lettable area of the portfolio is approximately 40.000 sqm and properties are let to local municipalities and care operators with long term lease agreements. Mrec Oy represented the seller in the transaction.