Conficap acquires two well-known properties in Turku and Raisio
Conficap Oy acquires Torinkulma property in Turku and a property known as Lasikuutio (“Glass cube”) in Raisio. The sellers are Kai and Klaus Toivola.
The two centrally located properties are key landmarks of the city centers of Turku and Raisio. Both buildings are modern and in excellent condition. The Torinkulma property is located facing the Turku market square at Yliopistonkatu 17, and its total leasable area is 4 280 sqm. The Raisio Lasikuutio is centrally located in the center of Raisio at Raisiontori 1 A. The total leasable area is 1298 sqm. The contracts with tenants will continue normally.
With the purchase, Conficap returns to its roots in Finland Proper region. The family company’s history extends back to 1913, when businessman Alfred Onninen started plumbing contractor business in Turku.
”As per Conficap’s strategy, we focus on strategically located properties in cities with active real estate market. It is great that we found this opportunity in the Turku region. As the new owner, we look forward to continuing cooperation with long-term tenants and further developing these properties,” states Conficap’s Director, Real Estates Atte Köykkä.
”We have long been present in Turku and Raisio, and therefore it was important for us to sell the properties to a professional buyer that is committed to continuing our work. We are very happy the new owner will be a Finnish family-owned company that is close to the tenants and makes sure that the operations at the property will continue smoothly,” comments Kai Kouvola.
Conficap is a Finnish family-run company with over hundred years of history. The group consists of four business sectors. Conficap owns technical building services company Are and conducts large-scale business operations in property and investment sectors. Additionally, Conficap has strategic listed shareholdings.
Atte Köykkä, Director, Real Estates, Conficap Oy
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