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Union sells Espoo office building to Corum

Union Investment has sold the Metso Outotec Office Campus in Espoo, Finland, to Corum Eurion, a fund managed by Corum Asset Management.

The property, which was completed in 2014, offers 14,376 m2 of rental space and is fully let to Metso Outotec, a listed tech company in the machine and plant engineering sector.

The parties agreed to keep the price confidential.

The property had been acquired by Union Investment in 2012 for its UniImmo: Deutschland open-ended real estate fund through a forward purchase.

CBRE advised Union Investment on the transaction.

Source: propertyeu.info on the 31st December

(https://propertyeu.info/Nieuws/Union-sells-Espoo-office-building-to-Corum/aa320913-9f85-48f4-beab-5dcc705624d2)