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4 August 2020, Finland | Corporate Finance | News

Investors represented by Cobbleyard Real Estate and Revcap have sold two high-quality office properties in Tampere

Investors represented by Cobbleyard Real Estate and Revcap have divested two modern office properties located in the Hervanta office area in Tampere to a fund managed by Quadoro Investment Gmbh.

The divested assets were Hermia 5 and Hermia 6 properties located in the Hermia Science Park. The multi-let properties were constructed in 1998–2000 and have approx. 30,000 sqm of lettable area as well app. 1 000 parking spaces.  The properties are fully leased to notable tenants such as OP Bank, Vincit and CGI.

Hermia Science Park is prominently located in the Hervanta technology hub next to the Hervanta university area. The excellent connectivity will improve even more with the new tram traffic in 2021.

“We have during our ownership period successfully leased out all vacant units and further improved the attractiveness of the assets. We are pleased to have found a prominent owner to Hermia 5 and 6. This is our second divestment on behalf of the same investor group“ says Christoffer Sundberg from Cobbleyard Real Estate.

Catella acted as exclusive financial advisor to the seller in the transaction.

Hervanta, Tampere

For more information, contact:

Jan Malms
tel. +358 50 5897 781

Antti Louko
Managing Director
tel. +358 50 5277 392