Ilmarinen disposes a warehouse property to Sagax

Aleksandra advised Ilmarinen Mutual Pension Insurance Company on its disposal of a warehouse property located in Vantaa to an affiliate of the Swedish listed property investment company AB Sagax (publ). The property comprised of 62,300 square metres of lettable area. Out of the purchase price, SEK 165 million was paid through 4,900,000 newly issued series D shares, corresponding to 1.8 percent of the capital and 1.2 percent of the votes in AB Sagax (publ).