JLL Advises Sale of Espoo Office Property with Major Development Potential

Reuters
Jan 29
JLL Advises Sale of Espoo Office Property with Major Development Potential

Jones Lang LaSalle Inc. $(JLL)$ has advised the seller in the transaction of an office property located in Olari, Espoo, approximately 700 meters from the Niittykumpu subway station. The property, originally built as a single-user headquarters, comprises around 14,500 square meters of gross floor area on a 24,600 square meter site. With significant potential for residential and commercial development, the site is set to undergo transformation in collaboration with the City of Espoo. JLL served as the seller’s sole commercial advisor, with Bird & Bird Attorneys acting as legal advisor.

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