Deka Immobilien: Acquisition in Helsinki for €50mn
For its fund WestInvest ImmoValue, Deka Immobilien has acquired an office and commercial building in Finland for €50mn. According to Deka, the object called “Kluuvikatu 3, K3” has 8,300 sqm of usable area, is well-rented and is located in the middle of Helsinki’s city center. The ground floor and the second floor have approximately 2,000 sqm retail space. Among the tenants are Max Mara and the chocolate manufacturer Fazer, which is still occupying its original seat. The office space in the building was recently modernized. The seller is a subsidiary of the British property fund Crownstone European Properties Ltd. The building is managed by Cambridge Place Investment.