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Hemsö acquires educational property in Helsinki

- Non-regulatory information

Hemsö has acquired an educational property in central Helsinki with a lettable area of 6,200 sqm.  

The property is Hemsö’s first educational property in Helsinki. The tenants are Aalto University and the Hanken School of Economics. The property is situated in a prime location in central Helsinki near convenient transport links. The underlying property value is approximately SEK 120 million.

“This acquisition has allowed Hemsö to establish a position in the education segment in Helsinki and increase its share of public-sector tenants in Finland, entirely in line with Hemsö’s investment strategy. The acquisition has strengthened Hemsö’s presence in Helsinki, which of course is gratifying,” says Jarkko Leinonen, Hemsö’s Country Manager Finland.

The seller of the property is Aalto Universitetsfastigheter AB and Hemsö will take possession of the property immediately.