Nordika enters into partnership with the local investment and asset manager Avant Asset Management, and together they acquire a 34,000 sqm property situated in Helsinki at Laajalahdentie 23. The property has been converted into a mix-use multi-tenant asset. The largest tenants currently are Senaatti (Finnish state) and City of Helsinki.
The intention is to invest heavily in the property in order to generate a modern and environmentally sustainable asset through a series of modernization and upgrading initiatives.
HPP advises both Nordika and Avant in the transaction.