MEKO sells properties in Finland to a value of 36,5 million euro
MEKO has sold the company's central warehouse properties in Finland to the real estate company AB Sagax. As a part of the agreement, MEKO will rent and use the properties for a period of ten years. The transaction values the properties at EUR 36.5 million on a debt-free basis and provides a capital gain of approximately EUR 10 million. Through the divestment, MEKO strengthens its financial position. ”We are now following through on our previously announced plan to sell a part of the properties that were part of the strategically important acquisition of Koivunen in 2022. The agreement is