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.