Newsec acted as vendor’s advisor in a residential plot transaction in Espoo

9.4.2021

LähiTapiola Tontit I Ky and Ålandsbanken Tonttirahasto funds have acquired residential plots located in the Finnoo district in Espoo. Pohjola Rakennus Oy Suomi will build three new residential buildings to the plots.

The new residential buildings will be located in the heart of the new Finnoo center on Matroonankatu by the new metro station to be opened in 2023. The total building right for the sold plots is 27,900 sqm. and the completed residential buildings offer new homes for over 500 residents.

The Finnoo district overall will be a new neighborhood for over 17,000 residents with its new high-rise center built on the top of the new metro station. In the near future, the Finnoo area will develop into a great seaside neighborhood that also has excellent transportation connections. 

Newsec acted as vendor’s advisor in the transaction.

“This sales project was an important part for the development of the Finnoo center area. I believe that Pohjola Rakennus will build an attractive and high quality living environment in Finnoo. We want to thank the vendor Ultivista for the confidence in us with the sales process. A big thank you also to the buyers, Pohjola Rakennus, and the City of Espoo for their good cooperation in the project”, says Kalle Jaskara, Newsec Advisory Finland.   

Picture: Detailed plan phase proposal / Arkkitehdit Tommila Oy. Illustration image: Pekka Nurmi / Digitalprofile

For further information, please contact:
Kalle Jaskara
Director, Newsec Advisory Finland
Phone: +358 50 324 0404
kalle.jaskara@newsec.fi