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PPI secures OP Uusimaa as major tenant in Helsinki property

September 2, 2025 at 02:01 PM UTCBy FilingReader AI

Public Property Invest ASA (PPI) has announced a long-term lease agreement with OP Uusimaa for approximately 1,650 sqm in its multi-tenant healthcare/community service property in Tikkurila, Helsinki. OP Uusimaa, the largest member bank of OP Financial Group, will join existing tenants such as Mehiläinen and the City of Vantaa in the property, which boasts direct access to Tikkurila train station.

This agreement strengthens the tenant mix of the modern, BREEAM Very Good and LEED Gold certified property, which was new-built in 2018 with an EPC B rating. The building was acquired in May 2025 as part of PPI's €63 million acquisition of two adjacent properties totaling 13,520 sqm. OP Uusimaa is anticipated to move in during autumn 2026, following tailored fit-out works.

The property's central location in the rapidly developing Tikkurila district, just 15 minutes from Helsinki CBD and 5 minutes from Helsinki airport, underscores its appeal. According to André Gaden, chief executive of PPI, the lease validates their role as a strategic partner for long-term healthcare and community service providers in Finland.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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