Catella advisor in sale of property portfolio in Jyväskylä area in Finland

City Kauppapaikat Oy has sold a property portfolio consisting four retail properties located in Jyväskylä area. Shopping centre Torikeskus is situated in Jyväskylä CBD, two of the retail properties in Seppälä area and the shopping centre Forum in Jämsä. Catella acted as the seller’s advisor on the transaction.

The buyer Business Network Oy is a local real estate investor, which owns part of the shopping centre Torikeskus already. With concentrated ownership, it is easier to develop the shopping centre further.

The lettable area of the portfolio is approximately 24,500 sqm and the portfolio include tenants  such as Pukumies, Löytötex, Moda, Seppälä, Rosso, RTV and TOYS”R”US.

For more information, please contact:
Niko Kvarnström
Senior Advisor, Corporate Finance Finland
+358 050 3574 804
niko.kvarnstrom@catella.fi

Jorma Janhonen
Senior Advisor, Corporate Finance Finland
+358 500 443 790
jorma.janhonen@catella.fi

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Catella is a leading specialist in property investments, fund management and banking, with operations in 14 European countries. The group has sales of approximately SEK 2 billion and manages assets of approximately SEK 180 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com.

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