trending Market Intelligence /marketintelligence/en/news-insights/trending/enmepbozjt2rka1onc44jg2 content esgSubNav
In This List

Stockmann to sell Helsinki property for €109M


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Stockmann to sell Helsinki property for €109M

Stockmann Oyj ABP unit Stockmann PLC agreed to sell its Book House property in Helsinki to AEW Europe City Retail Fund for €108.6 million.

The property, which was slated for a possible sale in January, has a gross leasable area of 8,861 square meters, with tenants including Bonner Books, HOK-Elanto, Isku Invest and Technopolis.

Stockmann will use the proceeds to repay a term loan maturing in June.