Real Estate
Six-year-old property “excellent opportunity” in strong Finnish capital, says buyer. : Ilmarinen, Finland’s largest property investor, has sold a €116m office building in the capital’s central business district to M&G Real Estate’s open-ended European property fund. The 11,845sqm office asset, built in 2012 under the €46.3bn pension insurance company’s ownership, is at Alvar Aallon katu 3 in Töölönlahti next to Helsinki Central Railway Station. Thorsten Slytå, Nordic Region director at M&G Real Estate, said the Finnish economy continued to perform strongly, with consumer confidence rising, unemployment falling and GDP growth easily above the Eurozone average.

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