Ilmarinen is reorganising its real estate portfolio by selling several office properties to a new joint venture. The joint venture consists of Ilmarinen and the Swedish pension company AMF, both of which have a 50 per cent share.

Fifteen properties located in the Helsinki region will transfer to the new joint venture. The key properties being transferred are Ympyrätalo in Hakaniemi, Helsinki, Tietotie 11 in Vantaa (including Finnair’s head offices), Karaportti 1-3 in Espoo (Nokia’s head offices) and a property located at Siltasaarenkatu 12 in Hakaniemi.

The value of the joint venture’s real estate portfolio exceeds EUR 400 million.

Link: Ilmarisen toimistokiinteistöjä uuden yrityksen omistukseen