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03-05-17

Alma Property Partners acquires office properties in Finland

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Alma Property Partners acquires four office properties comprising 24,500 sqm in Espoo, Finland.

Alma Property Partners I AB, a fund managed by Alma Property Partners, has acquired four office properties in the Keilaniemi office area in Espoo, Finland. The properties have approximately 24,500 sqm of leasable area. The transaction is the second in Finland for Alma’s opportunistic fund. The seller in the transaction was a fund managed by JP Morgan.

“The office properties we acquired are located in one of the most attractive office areas in greater Helsinki. The Keilaniemi area will become even stronger with the opening of the new metro station and the planned improvements to Ring Road I. We will, together with Reforma Property Development Oy, work actively to improve and modernize the assets so that they meet the requirements of current and future tenants,” says Robert Landtman, Partner at Alma Property Partners.

Alma was advised by Avance Attorneys, EY and Reforma in this transaction.

Keilaranta 4 6 8 - press release