Hemfosa aquired an office portfolio of five assets in Espoo and Helsinki

02.07.2019

Hemfosa has acquired an office portfolio consisting of four assets in Espoo and one in Helsinki. The total lettable area amounts to ca 21,100 sqm, and the City of Espoo and the City of Helsinki account for ca 82% of rental value. The purchase price of the portfolio was ca EUR 44.3 million. The transaction helps Hemfosa to strengthen its presence in the Helsinki area, which is in line with the company’s strategic focus on the Finnish market. Mrec Oy acted as Hemfosa’s commercial advisor in the transaction.

Link to press release