Advium acted as Sanoma’s financial advisor in the sale of the Sanoma House office property located in the Helsinki CBD. The Sanoma House comprises a total lettable area of approx. 26,000 sqm, and it will be leased back by Sanoma with a long-term lease agreement.

The buyer is a fund managed by Deka Immobilien. At a purchase price of EUR 176 million, the transaction is the largest property deal of the year and the all-time largest office property deal in Finland.

Additional information: http://www.sanoma.com