Evli’s Real Estate Development Elite Finland Value Added Fund II Ky has sold two commercial properties located in Porvoo and Kotka.
The combined leasable area of the properties is approximately 8,000 square meters. Both properties were acquired by the same buyer.
“There are signs of renewed activity in the real estate market, and there is still strong investor demand for high-quality cash flow properties,” comments the Head of Evli’s Real Estate Development Fund team Harri Palosaari.
"The sale of the properties is in line with the fund’s objectives, and we aim to continue divestments in the near future" Palosaari adds.
Additional information:
Harri Palosaari, Director, Portfolio Manager, Evli Fund Management Company, +358 40 660 3331, harri.palosaari@evli.com
