Keva and Mrec Investment Management Oy (Mrec IM) have established a joint company named Logian, focusing on Finnish, advanced logistics, warehouse, and industrial properties. Mrec IM is responsible for the operational activities of the company.
Current investment commitments allow Logian to expand its portfolio to €300 million in the near future. Logian aims to invest in and develop logistics centre networks in key transportation hubs in the Helsinki metropolitan area, Turku, and Tampere, attracting high-quality users with excellent solutions.
In its founding phase, Logian initiated a new logistics project in the Bastukarr area of Sipoo. A property of c. 20,000m2 will be constructed for 3PLogistics according to their business requirements.
“Keva’s investment goal is to achieve the best possible return for the pension fund over the long term, utilizing both direct investments and the specialised expertise of partners. We are very pleased with the collaboration with Mrec IM in establishing Logian and seeing Logian carry out its first acquisition according to its investment strategy,” said Carl-Henrik Roselius, Keva’s Real Estate Investment Director.
“We are delighted to start a collaboration with Keva. Keva’s involvement enables flexible financing for current and new projects and offers a long-term partnership for the development of the company. We look forward to building Logian together with Keva, taking industry standards to new heights and providing customers with more efficient and sustainable solutions,” said Ilmo Jantti, CEO of Mrec Investment Management.
Image source - Pexels.
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