Nyfosa Finland has acquired commercial properties in the Helsinki region, Tampere and other Finnish regional cities. The acquisition price amounts to €137m with an annual rental value of €14.5m. The portfolio comprises seventeen properties with a total area of 100,000m². Most of the properties are located in the capital region, but the portfolio also includes properties located in regional cities such as Jyvaskyla, Tampere, Turku and Seinajoki.
The portfolio comprises mainly light industry and warehouse properties, as well as some big-box retail and offices. A LEED Gold certification is underway for a newly renovated office property in Tampere of approximately 13 thousand square meters. Among the larger tenants are several well-known companies such as Rusta, Motonet, Jysk, Senate Properties and Kesko. The occupancy rate is 91.5% and the average remaining contract period amounts to 3.5 years. Closing is planned for the end of April 2022.
“These acquisitions contribute with a modern office in central Tampere with a tax-financed tenant as well as a portfolio of light industry and big-box retail in good locations around the Helsinki region. It is a very good complement to our existing portfolio with strong tenants”, commented Hanna Rauhala, Partner and Head of Finland at Brunswick Real Estate.