CapMan Real Estate sells Helsinki office building to Swedish real estate company Castellum for EUR 23 million news.europawire.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.europawire.eu Daily Mail and Mail on Sunday newspapers.
CapMan Real Estate exits office building located north of Helsinki CBD to Castellum
CapMan Real Estate press release 14 December 2020 at 9.30 a.m. EET
CapMan Real Estate exits office building located north of Helsinki CBD to Castellum
CapMan Nordic Real Estate Fund has agreed to sell Hämeentie 15, an office building located in the Sörnäinen district of Helsinki, to listed Swedish real estate company Castellum. The purchase price amounts to approximately EUR 23 million.
CapMan acquired the building in 2016. During its ownership, CapMan has completed an extensive refurbishment of the property and transformed it to fit with the neighbourhood s profile. The previously outdated office layout has been modernised to flexible open-office space to accommodate the quality-conscious tenant base. The majority of the 7,880 sqm leasable area has been re-leased during CapMan s ownership.