Catella AB

10/01/2020 | Press release | Distributed by Public on 10/01/2020 01:55

Catella acted as Renor’s advisor in the sale of a historic office property in the centre of Tikkurila

Catella acted as Renor Ltd's exclusive financial advisor in the divestment of a newly developed historical office building and a share of a parking facility in the same Silkki block in the centre of Tikkurila. The buyer is Non-UCITS Fund Aktia Commercial Properties (AIF).

Renor Ltd has sold an office building that it has fully developed and refurbished during the recent years. The lettable area of the building is approximately 4 800 square metres and it has a Leed Gold sertificate. The main energy source of the property is ecological geoenergy. The transaction included also a share of a parking facility next to the property.

The building is fully leased and has two major public use tenants, the city of Vantaa and the National Courts Adminsitration of Finland. Tenants moved in to their new premises in the start of 2019.

The property is located in the centre of Tikkurila, along the planned Vantaa light rail. The historical city block named Silkki, where the property is located, has a visible and key role in the city scape of Tikkurila. Renor will remain the owner of the other parts of the block and will continue to actively develop those buildings. In the future the block will include a wide selection of work places, apartments, culture, retail, service and restaurant premises.

Catella acted as Renor Ltd's exclusive financial advisor in the sales process.

For more information, contact:

Markus Juvala
Director
Tel. +358 50 3737 540
[email protected]

Erkki Hakala
Director
Tel. +358 50 3625 768
[email protected]

Antti Louko
Managing Director
Tel. +358 50 5277 392
[email protected]