Hansainvest buys Helsinki office property for EUR 56m

German real estate investor Hansainvest is acquiring an office property in Finland from YIT Construction. At completion the total sale price of the Triotto office building located in Käpyläis, Helsinki is expected to be about EUR 56.5 mln, including the plot to be purchased from the city of Helsinki.

The construction of the office building with 15,500 m² of floor area was started in January 2011, and is due for completion in two phases during 2012. Triotto is constructed in accordance with YIT's EnergyGenius concept, taking the energy efficiency of the structures and solutions into account in the planning phase, and the chosen building systems and equipment enable savings in future maintenance costs. The international LEED environmental certification will also be applied for Triotto.

YIT will implement two head office premises for two users in the Triotto office building. Finnish telecommunications company DNA will locate its head office in one half of Triotto, with the premises completed in the summer 2012. The second half of the office building will be completed for use by the national grid company Fingrid in October 2012. Triotto will also have a staff canteen of its own, with Leipomokahvila Manteli in charge of the services.

The Triotto office building sold to Hansainvest is an extension of Business Park Duetto, constructed by YIT on the neighbouring plot and completed in 2008.

Leimdörfer Finland acted as adviser to YIT in the transaction.