Jones Lang LaSalle Inc.
01/29/2026 | Press release | Distributed by Public on 01/29/2026 04:27
JLL advises the seller on the sale of office property in Espoo
JLL advised the seller in a transaction of an office property located in Olari, Espoo, some 700 meters from the Niittykumpu subway station.
The property was originally built to serve as an office headquarters for a single-user, and it comprises some 14,500 sq m of gross floor area with a site area of some 24,600 sq m in aggregate. The property contains vast development potential for residential and various commercial uses, and the surrounding areas have already seen vast residential development.
Olli Peltomäki, Head of Data Centers & Land Transactions, JLL Finland:
"We are pleased to have successfully advised our long-term client on this sale. The property had been vacant for a while, and the new owner can now start developing it in close co-operation with the City of Espoo, aiming to create a new "era" for this former headquarters property.
JLL acted as the seller's sole commercial advisor in the transaction. Bird & Bird Attorneys acted as the seller's legal advisor.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
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