OP-Public Services Real Estate Fund’s Acquisition of Aalloppi Healthcare Property

Castrén & Snellman advised OP-Public Services Real Estate Fund on the deal.

OP-Public Services Real Estate Fund announced its acquisition of a 6,200 sqm property from eQ Finnish Real Estate special investment fund.

The Aalloppi healthcare property was built in 2010 and is located in Järvenpää. The majority of the premises are leased to public and healthcare sector tenants with long lease agreements and the property is complemented by an S-market grocery store.

OP-Public Services Real Estate is a non-UCITS fund whose story is based on the provision of services needed by Finnish citizens in the course of their lives and also vital to society.

OP’s real estate fund spreads its investments widely across real estate utilised in education, social services, physical culture, sports and healthcare services provided by society. Such real estate can host, for example, nursing homes, day-care centres, schools, multipurpose arenas or sheltered accommodations. The fund also acts as a developer in the Helsinki Metropolitan Area growth centres, university towns and provincial centres.

The Castrén & Snellman team included Antti Kaakkola (Picture), Elina Marttala, and Mikko Alakare.

Involved fees earner: Mikko Alakare – Castrén & Snellman; Antti Kaakkola – Castrén & Snellman; Elina Marttala – Castrén & Snellman;

Law Firms: Castrén & Snellman;

Clients: OP-Public Services Real Estate Fund;

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