Fiskars is a small village in Southern Finland and the place of origin of one of the largest and oldest Finnish companies. Fiskars Oyj Abp is engaged in the production of knives, axes and scissors. The planned Fiskars headquarters in the Helsinki area has now been acquired by the Hamburg-based property investor Warburg-HIH. The parties have agreed not to disclose the purchase price. This article is based on the unique List of the 400 largest German real estate investors in Germany.
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The “Next” project development is located in the city of Espoo, west of Helsinki. It has developed into the second largest city in Finland with a population of over 280,000 and has now merged with the capital to form a conurbation. Many well-known Finnish companies have settled in the city. About half of the companies listed on the Finnish stock exchange are based in Espoo. The office building is still under construction, with completion scheduled for the end of 2021. The Fiskars headquarters will then move in here. A twelve-year lease agreement has already been signed. It ensures good long-term earnings.
The office building is to consist of a total of nine floors tapering downwards and offer a total of 9,200 square metres of office space. The site will have 125 bicycle and 141 car parking spaces. 30 parking spaces will be equipped with charging stations for electric cars. Special attention will be paid to sustainability during construction. A nearby combined heat and power plant will ensure almost CO2-neutral heat regulation, and the building will also have its own photovoltaic system and produce its own electricity.
Warburg-HIH Invest Real Estate GmbH is the real estate investment subsidiary of the Hamburg bank M.M.Warburg & CO. The property is being purchased for a Warburg-HIH special fund. The seller is the Finnish project developer NCC Property Development.
Picture source: Unsplash
