April 24, 2018 / 5:49 AM / 4 months ago

BRIEF-SBB Acquires Elderly Care Property In Helsinki

April 24 (Reuters) - SAMHALLSBYGGNADSBOLAGET I NORDEN AB :

* SAMHÄLLSBYGGNADSBOLAGET I NORDEN AB ACQUIRES ELDERLY CARE PROPERTY IN HELSINKI

* RENTABLE AREA OF PROPERTY TOTALS APPROXIMATELY 4,320 SQUARE METERS.

* ACQUISITION EXPANDS SBB’S HOLDINGS IN FINLAND TO A TOTAL OF FOUR PROPERTIES.

* PROPERTY IS LEASED TO MEHILÄINEN OY ON A TEN YEAR TERM AT AN ANNUAL RENT OF EUR 555,000

* PROPERTY IS LEASED TO MEHILÄINEN OY ON A TEN YEAR TERM AT AN ANNUAL RENT OF EUR 555,00

* COMPLETION WILL TAKE PLACE ON APRIL 30, 2018.

* COMPLETION WILL TAKE PLACE ON APRIL 30, 2018. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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