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2 May 2018, Finland | Corporate Finance | News

Catella advisor in a sale of two major shopping centres

Catella acted as advisor to Barings Real Estate when it sold two shopping centres in the city centres of Lappeenranta and Rovaniemi. The properties were divested from a fund advised by Barings to Agore Kiinteistöt.

The acquired shopping centres are Revontuli in Rovaniemi and Galleria in Lappeenranta. Both shopping centres are located in the city centre, in the best commercial locations. The total lettable area is approximately 33,500 square meters.

The shopping centres were built in 2007. Both properties are modern, with several well-known brands as tenants.

Catella acted as Barings Real Estate’s advisor in the sales process.

 

Download the press release

 

For more information, contact:

Markus Juvala, markus.juvala@catella.fi, Tel. +358 50 3737 540  

Antti Louko, antti.louko@catella.fi, Tel. +358 50 5277 392                                            

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