Ilmarinen Divests Car Retail Property in Oulu
Deal News | Jan 02, 2025 | Catella Real Estate AG
Catella Real Estate AG, serving as financial advisor, orchestrated the sale of a strategically located car retail property in Limingantulli, Oulu. The seller, Mutual Pension Insurance Company Ilmarinen, transferred ownership to Park Invest Oy, a real estate entity led by Jarmo Rinta-Jouppi. The property, built in 2009 and offering approximately 3,000 square meters of lettable space, is situated a mere one kilometre from the Oulu city center, marking a significant transaction in the Finnish real estate market.
Sectors
- Real Estate
- Financial Advisory
Geography
- Finland – The property is located in Oulu, Finland, indicating the geographical context of the transaction.
Industry
- Real Estate – The transaction involves the sale of a real estate asset, specifically a car retail property, indicating activity in the Real Estate sector.
- Financial Advisory – Catella Real Estate AG acted as the financial advisor, highlighting the role of financial advisory services in real estate transactions.
Financials
- – The financial details, including transaction value, are not disclosed in the provided article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catella Real Estate AG | Financial Advisor | Company | A financial service provider that advised the seller in the transaction. |
| Mutual Pension Insurance Company Ilmarinen | Vendor | Company | The seller of the car retail property. |
| Park Invest Oy | Buyer | Company | The real estate company that purchased the property, owned by Jarmo Rinta-Jouppi. |
| Jarmo Rinta-Jouppi | Owner | Person | The owner of Park Invest Oy. |