Elo Mutual Pension Insurance Company purchased two residential properties in the inner city of Helsinki from Paavo Nurmi Foundation.
The properties located at Linnankoskenkatu in Toolo and Fleminginkatu in Kallio were originally constructed in 1938 and 1912. These historical properties have been renovated over the years to meet the current standards and a major renovation has been carried out in the Kallio property in 2018. The properties have excellent micro-locations in one of the most desired districts in the inner city of Helsinki.
The buildings have in total 94 apartments and 7 retail premises. The total lettable area is approximately 4,500m2.
Catella acted as the exclusive financial advisor.
Image source - Catella.
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