Kuusamo Sells Health Center and Care Home to Private Investor
Deal News | Jan 02, 2025 | Catella Real Estate AG
The City of Kuusamo has successfully completed the sale of two important community properties: the Kuusamo health center and the Ruijanmutka group home. These facilities, collectively offering essential healthcare and living services, were sold to a private investor for approximately 10 million euros. Located strategically in Kuusamo, the health center offers comprehensive healthcare services, while the Ruijanmutka care home provides accommodation for individuals with disabilities. The total lettable space for both properties is estimated to be around 15,000 sq.m. Catella Real Estate AG served as the financial advisor to the City of Kuusamo for this transaction, facilitating the process. The properties remain leased to the wellbeing services county of North Ostrobothnia, Pohde, ensuring continuity of services.
Sectors
- Real Estate
- Healthcare
- Senior and Disability Care
Geography
- Finland – The transaction and properties are located in Kuusamo, Finland.
- North Ostrobothnia – This region is significant as the properties are leased to the wellbeing services county of North Ostrobothnia, Pohde.
Industry
- Real Estate – This industry is relevant as the article involves the sale of community properties, which are real estate assets.
- Healthcare – Involves properties tied to healthcare services such as the Kuusamo health center.
- Senior and Disability Care – Includes the Ruijanmutka care home, which provides living spaces to individuals with disabilities.
Financials
- 10 million euros – The purchase price for the Kuusamo health center and the Ruijanmutka group home.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catella Real Estate AG | Financial Advisor | Company | Served as the financial advisor in the sale of Kuusamo properties. |
| City of Kuusamo | Selling Company | Government | The local government entity that sold the health center and care home. |
| Private Investor | Bidding Company | Company | The entity that purchased the Kuusamo health center and care home. |
| Pohde | Lessee | Company | The wellbeing services county of North Ostrobothnia, which leases the properties. |