15 December 2020, Finland | Corporate Finance | News
Catella acted as KY Foundation’s exclusive financial advisor in the divestment of a historic landmark property, which is known as the KY Building located in the Helsinki centre. The buyer is NCC Property Development Oy.
The Foundation for Business Students in Aalto University (KY Foundation) has sold an office property, which is known as the KY Building and located at Pohjoinen Rautatiekatu 21 in the Helsinki city center.
The well-known property was constructed in 1941 and has a vivid history in the use of the KY community and as apartment, office, retail and restaurant premises. The seven-storey high building comprised originally mainly student apartments but the apartment premises were converted into office premises in the 1970’s. Currently, some of the premises are used by the KY Foundation. In addition, the building consists of office and restaurant premises.
The building is located in the border of the Kamppi and Etu-Töölö districts and it is part of the nationally significant built cultural environments.
Catella acted as KY Foundation’s exclusive financial advisor in the sales process.
For more information, contact:
Antti Louko
Managing Director
tel. +358 50 5277 392
antti.louko@catella.fi
Jan Malms
Director
tel. +358 50 5897 781
jan.malms@catella.fi