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2 July 2019, Finland | Corporate Finance | News

Catella advised the seller in the divestment of a retail property in Helsinki

Catella acted as the seller’s exclusive advisor in the sale of a local shopping centre in Eastern Helsinki. The buyer is Evli Rental Yield fund managed by Evli Fund Management Ltd.

The property was bought by Evli Rental Yield fund which is managed by Evli Fund Management Ltd. The property is located in Myllypuro which is a fast growing city district adjacent to the metro station and the new Metropolia University of Applied Sciences in Helsinki.

The lettable area of the property is approximately 7,500 square metres with a grocery anchored tenant mix well suited for the growing local catchment. The property includes an underground parking facility with 269 parking spaces of which 85 are in the use of the shopping centre and 40 are in the use of public transport commuters.

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

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For more information, contact:

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

Antti Louko 
Managing Director
+358 50 5277 392 
antti.louko@catella.fi