Sveafastigheter divests office property in Helsinki to Finnish insurance company
Sveafastigheter Fund III (”Sveafastigheter”) and HGR Property Partners (“HGR”) have today disposed an office property in Vallila, Helsinki, to a Finnish insurance company.The property is located on Elimäenkatu 23 in the Vallila area in Helsinki, and it has a lettable area of approximately 3,800 sqm. Sveafastigheter acquired the property in January 2011 together with its local asset management partner HGR. The City of Helsinki signed a long-term lease agreement for the whole property earlier this year and the property has now been refurbished for vocational school use. – Together with HGR