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HANSAINVEST
Real Assets has sold the KONE Building in Keilaniemi, one of the most
established office areas in the Helsinki Metropolitan Area. The property
was divested in a structured
bidding process. The office building was purchased by the Finnish Evli
Rental Yield Fund (AIF) managed by Evli Fund Management Ltd. The
property comprises a total lettable area of 7,148 sqm. and was built in
the early 2000s for the listed KONE Corporation,
one of the world’s leading elevator and escalator engineering and
service companies. The property is fully let..
The
building’s 18 floors and its unusual height of 72 metres make the
property one of the tallest office buildings in the country. The tall
glass facade together with its waterfront
location make the property a landmark building.
The
KONE Building is neighbored by various well-known blue chip
headquarters like Fortum, Neste Oil, Tieto, Rovio, Valmet and Accountor.
The property is located in the crossing
of Ring Road I and Western Highway, 8 km from Helsinki’s Central
Business District. The closest metro station is 200 m from the property
and enables tenants to reach Helsinki city center in 10 minutes. The
drivetime to the airport is 25 minutes.
Nicholas Brinckmann,
Speaker of the Board, HANSAINVEST Real Assets, comments:
“With the successful sale we proceed with the strategic positioning of
our Finnish portfolio. As our acquisition of a major office property in
Helsinki this past summer demonstrates, we continue to consider Helsinki
and its adjacent commercial locations attractive
investment destinations.”
In
recent months, HANSAINVEST Real Assets has been involved in several
major transactions in and around Helsinki. In December 2019, the company
announced the sale of a commercial
park in Espoo, while the purchase of a large office development at the
Helsinki harbor for 135 million euros was announced in June 2019.
Source : Company