Catella publ : Asset Management advised Varma in the sale of a property in Metsälä, Helsinki

Catella Asset Management Oy acted as Mutual Pension Insurance Company Varma's advisor in the sale of a property in Metsälä, Helsinki. The lettable area of the asset is ca. 3.200 square metres. The total transaction price was ca. € 3 million.

The property is a part of a Pegasos, a property portfolio owner by Varma and managed by Catella Asset Management. Several assets from the portfolio have been sold during this year.

'The sold property is in an excellent location, especially for its intended use. In this challenging situation, we are pleased to say that through hard work, we have been able to complete new transactions the past months. Long-term customer relationships and local market knowledge will play an increasingly important role in Asset Management in the currently challenging conditions', says Tiina Holmström, Director at Catella Asset Management Oy.

For more information, contact:

Jussi Rouhento
Managing Director
Tel. [phone]
[e-mail]

Tiina Holmström
Director, Asset Management
Tel. [phone]
[e-mail]