Ragde Eiendom Sold Three Former Plantagen Properties in Finland

M&A | Real Estate
Norwegian real estate investor Ragde Eiendom AS has sold a portfolio of three retail properties in Finland formerly operated by the garden retail chain Plantagen.
The properties are located in Espoo, Porvoo, and Vaasa, with a combined lettable area of approximately 13,500 square meters. The retail sites were originally opened in 2008. The buyer and transaction price have not been disclosed.
The transaction follows the bankruptcy of Plantagen Finland in autumn 2024 and marks the repositioning of the properties for future use.
We advised Ragde Eiendom AS on the transaction.
The assignment was led by Partner Markus Rämö, with support from Partner Saara Kyhälä and Associate Lauri Lähdeaho.