ALTAAL COMPLETES ACQUSITION UNDER ITS BROWN-TO-GREEN IMPACT STRATEGY IN FINLAND

Altaal recently acquired another office property under its brown-to-green impact investment strategy. The property was acquired from Schroders, one of Europe’s largest independent investment management firms by assets under management.

The office building, which is located in Tapiola, one of Espoo’s most distinguished districts, consists of a basement floor with garage and four above ground office floors, totalling 7,189 square metres. The location, next to the Western highway and within walking distance of Tapiola’s metro and commercial services, is well connected to many of the district’s leading businesses.

The office building is the first commercial building constructed using wooden elements in Finland and is rated as a “FinnForest Modular Office”. Furthermore the building also has a ‘BREEAM Very Good In-Use’ certificate says Stefan Gattberg, founder Altaal

Altaal has an ambition to play an integral role in the transformation of our built environment into a more sustainable and social setting. The firm will be a net buyer of quality office properties in and around Helsinki for many years to come.

We are eager to expand our Helsinki centric property business with quality, ESG and activity at its core says Henrik Schmidt, founder Altaal

Altaal was founded with the ambition to run an impact investment firm that combines high activity and professionalism with a long-term approach to value creation. Altaal is a signatory and supporter of the United Nations Global Compact on human rights, labour, environment and anti-corruption and a signatory of the internationally recognised Principles for Responsible Investment.

Henrik Schmidt
+46 703 999 770
henrik.schmidt@altaal.com

Stefan Gattberg
+46 762 928 450
stefan.gattberg@altaal.com