Hartela and Hansainvest have signed a deal on Ilmala office project

The main users of Koy Ilmalan Asema are HSY and Hartela

Hartela has agreed on the sale of Koy Ilmalan Asema to a fund of HANSAINVEST Hanseatische Investment-GmbH. The property is under construction and will be completed by the end of 2017. The lettable area of the property is approximately 11600 sqm and the sales price approximately EUR 50 million.

The main tenants of the Hartela developed property will be municipal Helsinki Region Environmental Services Authority for waste management and water supply, HSY, and Hartela, which will also move its headquarters and apartment sales unit to the property.

The property is planned to fulfil the future “zero” energy requirements (NZEP) and is targeted for LEED Platinum certification. Ecological design and accessibility by all means of private and public transportation have been highlighted in the planning.

Koy Ilmalan Asema is located by the Ilmala train station with only 6 minutes by train to the Helsinki CBD and 20 minutes to the airport. Ilmala and Pasila area will develop strongly in the coming years and Hartela continues the development with another office property on the neighbouring site.

“Apart from creditworthy tenants, the long-term leased modern property offers excellent infrastructure and a high quality standard,” says Managing Director of HANSAINVEST’s Real Assets division.

“We are happy to find an excellent investor for the Koy Ilmalan Asema. The North Pasila area will develop significantly in the future and we will continue our strong development work there as well.” Says Managing Director of Rakennusosakeyhtiö Hartela.

Mrec Oy and Merilampi were advisors to the Seller.

Additional Information:

Rakennusosakeyhtiö Hartela is a daughter company of Hartela-yhtiöt Oy. Hartela is one of the largest construction companies in Finland. The stable over 70 year old family company employs nationally over 650 construction and HVAC professionals.

HANSAINVEST Hanseatische Investment-GmbH was founded in 1969 and is a member of the SIGNAL IDUNA group, one of Germany’s largest insurance and financial services companies. With three specialised divisions, the Hamburg-based company provides management and administration services in relation to alternative investments, real estate, stocks and securities. Via a subsidiary, the company is also actively represented in Luxembourg. More than 180 employees manage assets worth over EUR 23.0 billion, including EUR 5.3 billion of real estate, in over 145 mutual and 60 special funds.

The international specialists of HANSAINVEST’s Real Estate division manage office, retail, hotel, logistic and residential real estate in 18 different countries. In addition to portfolio management, the company’s experts also advise on acquisitions and disposals, and provide asset management, project development, fund administration and fund controlling services.

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