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2 March 2020, Finland | Corporate Finance | News

Catella advisor in the sale of a major retail portfolio

Autokiinteistöt Laakkonen Oy has sold seven car retail properties to Swedish real estate investment company Fastighets AB Balder. Properties are located in Tampere, Lahti, Kuopio, Joensuu, Hämeenlinna and Hyvinkää. The total lettable area of the properties is approximately 50 000 square meters of which almost 40 percent is in Tampere. All of the Properties are let to K Caara.

Catella Property Oy acted as a financial advisor and Krogerus Attorneys Ltd as a legal advisor to Autokiinteistöt Laakkonen Oy in the sales process.

Autokiinteistöt Laakkonen Oy will continue the real estate investment business by remaining nationwide property ensemble of 82 000 square meters. Most of the properties will be in Laakkonen’s car business own use.

For more information, contact:

Markus Juvala
tel. +358 50 3737 540

Antti Louko
Managing Director
tel. +358 50 5277 392