Finland rakes in €10m from property sale

The Bank of Finland has made about €10m ($15.7m) from the sale of an apartment block in the centre of Helsinki.

The central bank said on Tuesday that it had decided to sell the block, built in 1896, to avoid incurring costs for the renovation and maintenance of the building. "The central bank no longer considers the upkeep of residential property to belong to its tasks," it said.

It sold the block, which comprises 48 apartments, to SATO, a real-estate company.

The central has sold a number of

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