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25 September 2018, Finland | Corporate Finance | News

Catella advised in the sale of 10 residential properties in Oulu

The Federation of municipalities council of Pohjois-Pohjanmaan Sairaanhoitopiiri (PPSHP) has decided to sell the entire share capital of Oulun Medikiinteistöt Oy to Lapti Group and the Sairaalanrinne land area in Oulu. Catella acted as PPSHP’s advisor in the sales process.

Oulun Medikiinteistöt Oy owns 10 apartment buildings comprising approximately 500 rental apartments. The plot has also 15,000 sq.m. of unused building right for three 12 storey apartment buildings. The Company will be transferred to Lapti Group on November 1st, 2018. The plot, administered by the company, will be sold partly to Lapti Group and partly to Ålandsbanken Building Plot Fund, Non-UCITS. 

Catella acted as PPSHP’s advisor in the sales process. 

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For more information, contact:

Pekka Laurila-Harju               
Sales Manager 
Tel. +358 50 5841 303         
*
Petteri Heikkinen 
Director 
+358 40 7301 669

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