Finnish Evangelical Lutheran Mission sold its premises to SY Invest

Finnish Evangelical Lutheran Mission (Felm) sold its office building on Tähtitorninkatu, Helsinki, in 2018. The church located in connection to the office building and the premises above and below it remained in Felm’s ownership.

In August 2020, Felm’s annual meeting authorized the board to sell the premises which they no longer have use and to form a real estate company out of those premises. Following a tendering process, these premises consisting of six offices have been sold to SY Invest Oy Ab. In both transactions, Ecorum Oy acted as the commercial advisor to Felm.

The buyer is the same party that previously bought the office premises from Felm and converted them into residential apartments. The buyer is willing to develop the property as a whole together with Felm, says Rolf Stefansson, Executive Director.

The church, the listed church hall and the associated meeting room, Wredesali, remain in the ownership of Felm.