Finnish real estate company Antilooppi has purchased the LEED platinum-certified Lintulahti office building from Commerz Real.
The 11,000 m2 asset, located in downtown Helsinki on the Sörnäinen waterfront, was held in Commerz Real's open-ended real estate fund hausInvest.
'The acquisition is in line with the Antilooppi’s growth strategy to acquire, develop and manage office properties with good traffic connections and is supported by the trend of urbanization in the Helsinki Metropolitan Area. Acquiring a high-quality landmark property like the one at the Lintulahdenkuja 10, extends and improves Antilooppi’s footprint in Hakaniemi-Sörnäinen area,' commented Antilooppi’s CEO Tuomas Sahi.
The property is currently occupied by Aspo Headquarters, the Finnish Tax Authorities and the Finnish office for Tommy Hilfiger. It achieved LEED Platinum certification on its construction in 2009 by Skanska, and was acquired by Commerz Real in 2010. The transaction price was not disclosed.
The Commerzbank subsidiary said the sale was in line with a geographical regrouping within the fund portfolio.
Antilooppi was advised in the acquisition by Exsmith.
