Aberdeen acquires office asset in Helsinki for EUR 22m

Aberdeen Property Fund I Sicav-Fis has acquired the fourth and final phase of Falcon Business Park outside Helsinki from NCC Property Development. The investment volume for the Falcon Gentti property comes to SEK 213 mln (EUR 22 mln).

Aberdeen's property portfolio includes three previously purchased properties located in Falcon Business Park.

Falcon Gentti is completely leased to Aalto University. The building, which is under construction, was built according to Finnish A-energy class.

The university will be leasing the entire building totalling 6,900 m². A parking facility with capacity for 190 vehicles will also be built adjacent to the building.

Aalto University, which has programmes in engineering, economy, design and art, will be moving into the premises during July 2011.