Mrec advised on care property transaction
Mrec has acted as a sole financial advisor in a real estate transaction where Mandatum Life divested a high-quality care property in Haaga, Helsinki, for EUR 14.8 million. The property was acquired by Public Property Invest ASA (“PPI”). The property is currently under construction with an estimated completion date in August 2026. The main tenant is Validia with a long-term lease agreement. Upon completion, the facility will comprise a total lettable area of 4,730 sqm.
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