Lemminkäinen sells 19 apartments to FIM's capital fund
LEMMINKÄINEN CORPORATION PRESS RELEASE 24 SEPTEMBER 2013 AT NOON
LEMMINKÄINEN SELLS 19 APARTMENTS TO FIM'S CAPITAL FUND
Lemminkäinen has sold 19 apartments to the FIM Asuntorahasto I Ky capital fund managed by FIM Kiinteistö Oy. The apartments sold are located in the As Oy Tampereen Reimari housing company in Tampere and will be completed in November. The parties have agreed not to disclose the purchase price.
"We are happy to have the opportunity to start cooperation with FIM through this transaction," says Casimir Lindholm, Executive Vice President at Lemminkäinen.
FIM Asuntorahasto I Ky invests mainly in small and medium-sized rental apartments in urban growth and provincial centres where people come to work and study.
Casimir Lindholm, Executive Vice President, Building Construction business segment
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Together with our customers we create conditions that make living, working and travelling functional, safe and healthy. We operate in northern Europe and employ about 8,200 experts. In 2012, our net sales were about EUR 2.3 billion. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.com