20. Juli 2012 
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Cordea Savills acquires Finnish asset
Cordea Savills has acquired a prime property on the main pedestrian street in Helsinki’s Central Business District for around €60 million. The property was purchased from Nordea Life Assurance Finland Limited.
The property, located at Aleksanterinkatu 11, extends to 10,519 square metres. Around 70% of the building comprises the Finnish headquarters of Svenska Handelsbanken while the remainder is retail, with well-known tenants such as H&M and Dressmann.
Håkan Blixt, Head of Investment, Nordic region, commented: “The Nordic region remains a favoured investment location for Cordea Savills. The economic fundamentals, tenant covenants, quality of stock and pricing all support continued investment.”
The property, located at Aleksanterinkatu 11, extends to 10,519 square metres. Around 70% of the building comprises the Finnish headquarters of Svenska Handelsbanken while the remainder is retail, with well-known tenants such as H&M and Dressmann.
Håkan Blixt, Head of Investment, Nordic region, commented: “The Nordic region remains a favoured investment location for Cordea Savills. The economic fundamentals, tenant covenants, quality of stock and pricing all support continued investment.”
