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Photo: BlackRock
  • BlackRock buys landmark office building in Helsinki

    PUBLICERAD 2018-10-12 AV sverrirthor
    UPPDATERAD: 2018-10-12 14:47

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    Following its first investment in Finland in September, BlackRock Real Assets has made a second office acquisition in Helsinki. This time around, the US asset management giant, bought a landmark, Renaissance Revival listed building in Helsinki CBD. The building has a gross leasable area of 9,632 sq.m. and was formerly owned by the Finnish state, serving as offices for various government agencies.

    According to a statement from BlackRock, the deal is a continuation of the company‘s increased investment activites in the Nordic region.

    “This acquisition is an opportunity to further increase the fund’s Nordic footprint, a region characterized by strong macro and demographic fundamentals as well as a high level of stability,” Thomas Mueller, managing director at BlackRock, comments.

    Trevian Asset Management advised BlackRock in the transaction and will serve as a local advisor to BlackRock regarding the property in Finland.

    Sverrir Thór

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