Catella advisor in Technopolis’ sale of campuses in Finland

Catella was advisor to Technopolis in the sale of Finnmedi in Tampere and Skinnarila campus in Lappeenranta to a group of domestic investors. The properties consists of 12 buildings and have a total leasable area of 38,300 m2. The sales price was EUR 60.6 million.

The buyer is a group of domestic investors comprising the investment funds eQ Care and eQ Finnish Real Estate, the real estate investment company Investors House Plc and Kampus Skinnarila Oy, a company managed and partially owned by Investors House Plc.

The occupancy rate of the properties is remarkably high. Finnmedi in Tampere is located near Tampere University Hospital and TAYS Central Hospital. Skinnarila in Lappeenranta is part of the Lappeenranta University of Technology and the Saimaa University of Applied Sciences campus area.

Catella acted as advisor to the seller in the process.

Catella has a leading position in property advisory services, and has offices in 5 cities in Finland. Catella’s advisory services have been ranked the best in Finland in Euromoney’s annual survey for several years, latest in 2016. Within Corporate Finance, Catella offers all types of property-related transactions with a focus on identifying investment opportunities. 

For more information, please contact:           

Erkki Hakala    
+358 (0)50 3625 768            
erkki.hakala@catella.fi          

Markus Juvala
+358 (0)50 3737 540
markus.juvala@catella.fi 

About Catella: Catella is a leading specialist in property investments, fund management and banking, with operations in 12 European countries. Catella is listed on First North Premier on Nasdaq Stockholm. Read more at catella.com.

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