Catella Overseeing Sale of Key Social Infrastructure Properties
Deal News | Jan 08, 2025 | Catella Real Estate AG
Catella Real Estate AG has successfully brokered the sale of a social infrastructure property portfolio in Finland, comprising a health centre in Espoo, a daycare property in Vantaa, an elementary school in Helsinki, and a parking facility in Helsinki. The total lettable area for the first three properties is around 13,900 sq.m., and the parking facility includes 120 parking spaces. The primary tenants within the portfolio are the City of Helsinki, the City of Vantaa, the Western Uusimaa Wellbeing Services County, and Aimo Park Oy. As part of this transaction and as of December 31, 2024, Ilmarinen has invested in the eQ Community Properties fund, signaling a continued interest and commitment to social infrastructure in the region.
Sectors
- Real Estate
- Social Infrastructure
- Investment Management
Geography
- Finland – The properties involved in the transaction are located in Finland, including Espoo, Vantaa, and Helsinki.
Industry
- Real Estate – The transaction involves the sale of multiple properties, highlighting the industry's focus on property management and investments.
- Social Infrastructure – The properties sold, such as schools and health centres, fall under social infrastructure, which is critical for public welfare.
- Investment Management – Ilmarinen's investment in the eQ Community Properties fund indicates this sector's involvement in portfolio management and investment strategies.
Financials
- 31st December 2024 – Ilmarinen's investment in the eQ Community Properties fund as of this date.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catella Real Estate AG | Advisory | Company | Catella advised in the sale of the social infrastructure property portfolio. |
| Ilmarinen | Investor | Company | Ilmarinen invested in the eQ Community Properties fund. |
| eQ Community Properties fund | Recipient of Investment | Company | The fund received investment from Ilmarinen as part of the transaction. |
| City of Helsinki | Tenant | Government | A major tenant in the social infrastructure portfolio. |
| City of Vantaa | Tenant | Government | One of the portfolio's tenants. |
| Western Uusimaa Wellbeing Services County | Tenant | Government | Another government entity tenanting in the portfolio. |
| Aimo Park Oy | Tenant | Company | Tenant of the parking facility property. |