VVO GROUP PLC
STOCK EXCHANGE RELEASE
31 JANUARY 2017 AT 13.00
The sale of 1,344 apartments completed
Today, VVO Group has completed the sale of altogether 1,344 non-restricted rental apartments, located around Finland, to a company managed by Avant Capital Partners.
The apartments sold are located in Hämeenlinna, Iisalmi, Imatra, Joensuu, Kaarina, Kajaani, Kirkkonummi, Kotka, Kouvola, Mikkeli, Oulu, Pirkkala, Pori, Porvoo, Raisio, Rauma, Rovaniemi, Salo, Tampere and Turku.
The transaction will not have a material impact on VVO Group’s financial result. The parties have agreed that the transaction price will not be disclosed. The transaction was announced on 21 December 2016.
VVO Group plc
Jani Nieminen, CEO, tel. +358 20 508 3201
Erik Hjelt, CFO, tel. +358 20 508 3225
VVO Group plc offers rental apartments and housing services in Finnish growth centres. The vision of the housing investment company is to be a pioneer in housing and the customer’s number-one choice.