Deka Immobilien has acquired the Sanoma House office property in Helsinki for €176 million, marking Finland's largest office transaction to date.

Target Information

Advium Corporate Finance Oy, a subsidiary of eQ Oyj, acted as the advisor in the recent sale of the Sanoma House office property located in the heart of Helsinki. This prominent office space encompasses a leasable area of approximately 26,000 square meters, which will continue to be leased back to Sanoma under a long-term agreement.

This strategic property is significant not only for its size but also for its central location in Helsinki, making it a vital asset in the local real estate market.

Industry Overview in Finland

The Finnish real estate market has shown resilience and growth, particularly in commercial properties, which have remained in demand due to Helsinki's status as a business hub. The office