Finnish real estate investment company Sponda said it has completed the sale of Kluuvikatu 8 to a real estate fund managed by Exilion Capital Oy for approximately EUR 42 mln. Kluuvikatu 8 is a real estate company which owns a 10,000 m[sup]2[/sup] property in Helsinki. The asset is rented under a long-term lease to Sokotel Oy and it houses the Sokos Hotel Helsinki. In a statement, the company said that the sale is in line with its strategy to focus on office, retail and logistics properties.
Finnish real estate investment company Sponda said it has completed the sale of Kluuvikatu 8 to a real estate fund managed by Exilion Capital Oy for approximately EUR 42 mln. Kluuvikatu 8 is a real estate company which owns a 10,000 m2 property in Helsinki. The asset is rented under a long-term lease to Sokotel Oy and it houses the Sokos Hotel Helsinki. In a statement, the company said that the sale is in line with its strategy to focus on office, retail and logistics properties.
