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Finland's Ilmarinen sells Helsinki office property for €116M

Finland's Ilmarinen Mutual Pension Insurance Co. sold the 11,845-square-meter Alvar Aallon katu 3 office property in Helsinki's central business district for €116 million.

M&G European Property Fund, which is managed by M&G Real Estate, acquired the fully leased property, with media house Alma Media Oyj and fiber material and solutions company Ahlstrom Munksjo Oyj its anchor tenants.