eQ acquires shopping centre Malmin Nova

Avance advises Special Investment Fund eQ Finnish Real Estate in the acquisition of Shopping Centre Malmin Nova from a fund managed by Savills Investment Management.

Malmin Nova is a 12,400 sqm shopping centre located in the Malmi railway and bus station in the Helsinki Metropolitan Area. The property consists of approximately 10,000 sqm retail and 2,400 sqm office and storage space and there are 42 tenants.