JLL advised Deka in the sale of Kalasatama Health & Wellbeing centre

The sale price was around EUR 100 million. The landmark healthcare property, designed by Helin & Co architects, plays a crucially strategic role in City of Helsinki’s healthcare services network and caters to the needs of up to 1,500 citizens every day. The building, built in 2017, encompasses ca. 19,000 square meters of lettable area and is located in the Kalasatama district of Helsinki, right next to the REDI shopping center.

Jere Fredriksson, Investment Director, VVT Real Estate: “We are delighted to acquire the Kalasatama Health & Wellbeing Centre —an exceptional property that stands out for its strong ESG credentials, modern design, and essential role in supporting public health services. Its prime location in the vibrant Kalasatama district—adjacent to excellent transport connections and the REDI shopping center—further enhances its long-term value. This acquisition reflects our strategy of investing in sustainable, high-quality and future-proof assets. We look forward to supporting the continued success of this landmark facility and the essential services it provides to thousands of people each day. We will continue to look for quality assets in all big cities in Finland”

Antti Pelli, Senior Director, Capital Markets, JLL Finland: “We are privileged to have had the opportunity to advise Deka in the sale of a truly unique building which also is the largest single-asset transaction in Finland thus far this year. This landmark deal underscores the extremely robust investment fundamentals for social infrastructure and public properties and is yet another indication that the property market is gaining momentum in Finland. We want to thank and congratulate both the seller and the buyer. “

JLL acted as Deka’s sole commercial advisor in the transaction. Roschier acted as legal advisor to Deka.