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Cushman & Wakefield acted as the seller’s advisor in the divestment of a retail property in Lahti

Helsinki July 2017 – K/S Lahti has sold a retail property in Lahti, Finland to VVT Property Fund I Ky, a property fund managed by VVT Kiinteistösijoitus Oy.

The property is located in the retail area of Laune, which is the major retail cluster in Lahti region. The property has two solid tenants; XXL Sports & Outdoor and Gigantti.

The two storey property comprises a leasable area of 7,200 sq m and ca. 250 parking spaces on a visible and functional freehold site.

"We are very pleased having assisted the seller in finding a new owner for the property, says Janne Eriksson, Managing Director, Cushman & Wakefield in Finland."

Cushman & Wakefield acted as the seller's exclusive advisor.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

For further information please contact:

VVT Kiinteistösijoitus Oy
Jukka Lehtola
Managing Director
+358 40 549 5104

Cushman & Wakefield
Janne Eriksson
Managing Director and Head of Capital Markets - Finland

+358 40 577 6208