Avance advises Stockmann plc (listed on Nasdaq Helsinki) in the sale of its Book House property in Helsinki city centre to AEW Europe City Retail Fund for a sales price of EUR 108.6 million.
The Book House has a gross leasable area of 8,861 square meters, and the largest tenants are Bonnier Books, HOK-Elanto, Isku Invest and Technopolis.