07.06.2019
Advium advised Konstsamfundet in the acquisition of 30.9 % of the Lasipalatsi property from the City of Helsinki.
Lasipalatsi is a 1930s functionalist landmark in the Helsinki CBD. The parties have negotiated an agreement where Konstsamfundet’s subsidiary Mercator Fastigheter acquires the remaining shares representing a 30.9 % ownership from the City of Helsinki. The negotiated purchase price is € 33.5 million. The transaction is expected to be finalized during 2019.
Read More: Hel.fi -News (In Finnish)