Real Estate

Finnish Antilooppi acquires office property in Helsinki from Commerz Real’s hausInvest

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The Commerz Real open-ended real estate fund hausInvest has sold “Lintulahti Office Building” (Lintulahdenvuori) to the Finnish real estate company Antilooppi. Located in downtown Helsinki on the Sörnäinen waterfront, the office property has a total lettable area of approx. 11,000 square metres and is currently occupied by Aspo Headquarters, the Finnish Tax Authorities and the Finnish office for Tommy Hilfiger. It was agreed that confidentiality be maintained on the purchase price. Lintulahdenvuori was constructed in 2009 and holds LEED platinum classification. Commerz Real acquired it in 2010. The sale is accompanied by a geographical regrouping within the fund portfolio.

“The acquisition is in line with the Antilooppi’s growth strategy to acquire, develop and manage office properties with good traffic connections and is supported by the trend of urbanization in the Helsinki Metropolitan Area. Acquiring a high-quality landmark property like the one at the Lintulahdenkuja 10, extends and improves Antilooppi’s footprint in Hakaniemi-Sörnäinen area.” comments Antilooppi’s CEO Tuomas Sahi. Antilooppi was advised in the acquisition by Exsmith Oy, a company jointly owned by Cavendo Ab and Mrec Oy.

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