Market News / Story
Prisma continues to grow in Finland through forward purchase of retail property
MFN by Modular Finance ·
MFN by Modular Finance reports: Prisma Properties has entered into an agreement to acquire a retail property in Pietarsaari, Finland, through a forward purchase transaction. The acquisition is based on an underlying property value of approximately EUR 7.7 million. The property will comprise approximately 4,900 square metres of lettable area and is fully let, with an annual rental value of approximately EUR 0.6 million upon completion. The property is located in an established retail area in…