Quadoro Expands Sustainable Europe with an LEED Gold Office Building in Finland

Quadoro Investment GmbH is the Alternative Investment Fund Manager of the open-ended mutual fund Quadoro Sustainable Real Estate Europe Private (Sustainable Europe), and as such has acquired the "LOFT" office property in Espoo, Finland for the fund.

Espoo is the second largest city in Finland and lies within the greater Helsinki area. The seller of the building is a construction company owned by the Finnish EKE Group.

The modern, high-quality office building was completed in February 2021. It is located in the Matinkylä district in the south of Espoo, directly on National Road 51 and has excellent infrastructure and transport connections. Spread over six floors not including loft space, the flexibly configurable rental space comprises around 4,200 m² and is currently let to several companies. The tenants come from the construction, finance, technology and electronics sectors. The property provides 116 parking spaces for tenants.

As an Article 8 fund under the EU Sustainable Finance Disclosure Regulation, sustainability was at the heart of the rationale to acquire the property for Sustainable Europe. The building was constructed to WELL and LEED Gold standards and prioritises employee well-being and sustainable development.

Klaus Kämpf, the fund's sustainability advisor, on the purchase: "The building and its location achieve above-average ratings in our sustainability analysis. This is achieved, for example, by providing bright, large premises using district heating and cooling, a fitness room, bicycle parking, charging stations for electric cars, easy access to the capital, Helsinki, by subway and proximity to the Iso Omena shopping centre."

More information on Quadoro Sustainable Real Estate Europe Private can be found on the website www.sustainablerealestate.de/europe.