Newsec acted as Sponda’s advisor in an office and healthcare property transaction in Vantaa

20.12.2021

Newsec advised Sponda Ltd in the sale of a modern office and healthcare property in Tikkurila, Vantaa to eQ Community Properties Fund and eQ Commercial Properties Fund. The asset is located at the address Väritehtaankatu 8, Vantaa. Krogerus acted as the legal advisor for the Vendor in the transaction.

The asset is located in a prime location in Tikkurila district in Vantaa, HMA, being directly connected to the Tikkurila train station. The property consists of two parts, of which the original part, completed in 2018, serves as a multi-tenant office building, whereas the extension part, completed in December 2021, is a state-of-art medical center that Mehiläinen Oy anchors with a long lease agreement. The asset provides approximately 14,000 sqm of leasable area. The original part holds a LEED Gold certificate, and a LEED Platinum certificate will be applied for the extension part. 

Pinja Raitanen, Associate Director & Partner from Newsec: “This transaction is a great example of the strong demand for high-quality office and healthcare properties in good locations with strong tenants in the Helsinki Metropolitan Area. In addition, this transaction is yet another sign that the real estate market has recovered from the pandemic. On behalf of Newsec, I want to thank Sponda for their trust in us and both parties, Sponda and eQ, for a smooth process.”

Additional information:
Pinja Raitanen, Associate Director & Partner Newsec
Phone: +358 40 768 1186
pinja.raitanen@newsec.fi