4.5.2020

YIT – Disposal of Kankaan Arkki Office Property

We advised YIT, the largest Finnish construction company, in the sale of the Kankaan Arkki office property in Jyväskylä to Non-UCITS Fund Aktia Commercial Properties (AIF). The construction of Kankaan Arkki began in January 2020 and is scheduled to be completed in February 2021. The total floor area of the seven-storey property is over 7,000 square metres. The value of the agreement is approximately EUR 16 million.

Latest references

We assisted Citycon Oyj in the sale of the Lippulaiva residential assets in Espoo, Finland. The sold residential assets consist of 275 apartments totaling approximately 13,000 sqm, located in connection to Citycon’s Lippulaiva shopping centre. The assets were sold at their latest IFRS book value for a gross purchase price of EUR 61.5 million.
Case published 19.12.2025
We are assisting eQ Community Properties Fund in the sale of seven social infrastructure properties to Kinland AS. The value of the transaction is approximately EUR 29 million, and the portfolio comprises three preschool facilities and four child protection units from different parts of Finland. The portfolio consists of modern and energy-efficient properties that are long-term leased to leading operators in the industry. The Weighted Average Unexpired Lease Term (WAULT) is approximately 11 years. The transaction is expected to close on 17 December 2025.
Case published 10.12.2025
We are assisting the Municipality of Tuusula in the sale of land to funds managed by Blackstone, a global asset management company, for a data centre project. Currently, a preliminary agreement has been signed for the sale of the approximately 16.7 hectare site in Jokela, Tuusula. In October 2025, the Municipal Council of Tuusula approved zoning amendments that enable the construction of a data centre campus in the Vallunlenkki zoning area. The preliminary agreement on the sale of the land and the approval of the zoning are the first steps in a process that would upon its implementation constitute a significant investment that supports employment and economic growth in Tuusula and its surroundings. The next phase, the environmental impact assessment, is planned to commence in early 2026. Blackstone owns QTS, one of the worlds’s fastest growing data centre platforms with more than 82 data centres in operation or under development across Europe and the United States.
Case published 4.12.2025
We are assisting OP-Public Services Real Estate Fund in the sale of seven preschool properties to Kinland AS. The transaction value is approximately EUR 24 million, and the majority of the properties are located in the Greater Helsinki area. The portfolio comprises high-quality assets with EPC ratings of A or B, with most properties achieving the highest rating of A. The properties are leased to one of the sector’s leading private operators under lease agreements with a weighted average unexpired lease term of approximately 10 years. The transaction is expected to close on 18 December 2025.
Case published 2.12.2025