Public Property Invest ASA (PPI) is expanding its presence in Finland’s social infrastructure sector with the planned purchase of a modern care property in Haaga, Helsinki, for €14.8 million. The building, currently under construction, is scheduled for completion in August 2026 and will provide 4,730 m² of lettable space — a price equivalent to about €3,128 per m².
The facility has already secured a 15-year lease with a leading care operator. PPI has not disclosed the exact address or the tenant’s name, citing limited public information at this stage.
When completed, the property is expected to generate roughly €1.3 million in annual gross rental income. The development aims for BREEAM Excellent certification, compliance with the EU Taxonomy for sustainable investments, and an EPC B energy rating — indicators that the building will meet high environmental performance standards.
The purchase will be settled in cash, with the transaction scheduled to close once construction finishes in 2026.