CBRE Finland Oy appointed as shopping centre manager for Skanssi

Helsinki, 12 May 2017

CBRE European Shopping Centre Fund II (ESCF II) has acquired shopping centre Skanssi in Turku, Finland from CapMan Real Estate II Ky on10th of May 2017. ESCF II is a fund managed by CBRE Global Investors. The new owner aims to make Skanssi a modern shopping experience for customers, especially focusing on families and local neighborhood residents.

CBRE Global Investors has signed an integrated property and shopping centre management agreement with CBRE Finland Oy. The agreement covers all management services from shopping centre management to financial and technical management.

Toby Smith, Senior Director, Portfolio Manager, CBRE Global Investors:

“We are pleased to expand the co-operation between our sister companies, CBRE Global Investors and CBRE also in Finland. CBRE Finland has a genuinely comprehensive service offering as they are able to provide all of the necessary services for managing shopping centres in a good manner. We look forward to our collaboration and developing Skanssi together.”

Juhani Hiippavuori, Head of Shopping Centre Management, CBRE Finland Oy:

”Developing Skanssi is a truly interesting opportunity for us and we are very excited to work with CBRE Global Investors. Skanssi’s location is excellent and our short term goal is to focus on developing the overall customer experience by making the shopping centre more compelling. We want Skanssi to become the number one shopping centre in the Turku area in customer experience measurements. This will also give the tenants a good opportunity to succeed in their operations. “

Joni Koski, Managing Director, CBRE Finland Oy:

“Globally, CBRE Global Investors is a key client for CBRE and we are more than pleased to start collaboration with them in Skanssi. Within a short time frame, Skanssi is yet another big case with an international client for our newly established Shopping Centre Management business line and our coverage in Finland will expand notably. The shopping centre management business in Finland is currently undergoing changes and our new service line has received great interest from the market.”

Further information:

Juhani Hiippavuori
Head of Shopping Centre Management
CBRE Finland Oy
M. +358 408 690 938

Toby Smith
Senior Director, Portfolio Manager
CBRE Global Investors
M. +44 7585 882478

Published on: 12 05 2017

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