“The Helsinki Airport buildings and land areas in the immediate vicinity of the airport are already owned by Finavia. This arrangement gives Finavia the opportunity to develop the area around Helsinki Airport even more comprehensively. The complex being acquired is strategically important for ensuring the long-term competitiveness of airport operations,” says Finavia’s CEO Kimmo Mäki.
“The properties located near the airport serve key aviation operators and facilitate the long-term development of air traffic passenger and freight capacity in accordance with the company’s strategy. The growth of our role in the critical infrastructure area of Helsinki Airport is also a good thing from the perspective of comprehensive security. When it comes to the acquisition, Finavia’s goal is to provide the best possible operating conditions for those operating at the airport and further improve the customer experience of passengers and others visiting the area,” Mäki continues.
“We are pleased that Finavia, our current largest shareholder, is increasing its holding to 100%. This arrangement supports the comprehensive development of the airport area and the long-term increase in the value of the area very well,” says Ilkka Pitkänen, Managing Director of AVIA Real Estate.
Read more HLP commentary on the case Back to transactions