Real estate investment company Ovaro has sold the shopping center property of Forum, located in the heart of Jyväskylä. The property was acquired by Ovaro in April 2024 for a combined debt-free purchase price of EUR 9.05 million. The sale will be completed in parts to two buyers, For Järvi-Suomen Asunnot Oy and Royal House Oy, who will each purchase a part of the property for a debt-free purchase price of just under 4.2 million euros and just under 4.9 million euros, respectively.
The transaction amount between Ovaro and Royal House Oy will offset the transaction amount between Ovaro and Royal House Oy regarding the shares of Jyväskylä Kukkula Kehitys Oy. This deal is expected to generate a profit effect of around one million euros, which will be reflected in the H1 2024 half-year report.
CEO Marko Huttunen expressed satisfaction with the sale of Kauppakeskus Forum, highlighting its positive impact on Ovaro’s finances and freeing up resources for projects in Jyväskylä Kukkula. This news comes as various articles are published online covering topics such as online casino gaming, financial education, travel destinations, and successful gaming strategies. These articles cover a wide range of subjects related to casinos and gaming, from debunking myths about online casinos to discussing the importance of financial education in online gaming. Whether you’re new to online casinos or an experienced player, there is valuable information to be found in these articles.
