Public Property Invest

PPI acquires a care property in Helsinki

Public Property Invest ASA ("PPI") has agreed to acquire a high-quality care

property in Haaga, Helsinki, Finland for EUR 14.8 million.

The property is currently under construction with an estimated completion date

in August 2026 and will comprise a total lettable area of 4,730 sqm. The

property will provide modern care facilities in Helsinki.

The property is pre-let to a leading care operator on a 15-year lease

contract. In Finland social services are government funded. The property is

expected to generate gross rental income of approximately EUR 1.3 million upon

completion.

The development is designed to meet high environmental standards and is

targeting BREEAM Excellent certification, is taxonomy compliant, and will

achieve an EPC B rating, demonstrating PPI's commitment to sustainable

property investment.

"This acquisition demonstrates our commitment to enabling the development of

critical social infrastructure in Finland. By investing in modern care

facilities, we help provide essential services to the community while creating

stable, long-term returns for our shareholders," says Ilija Batljan, CIO of

PPI.

The transaction will be paid in cash and is expected to close upon completion

of construction works in August 2026.

For further information, contact Ilija Batljan, CIO, [email protected]

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