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Oct 28, 2024

UrbanLight acquires two logistics and light industrial properties in the Helsinki metropolitan area

UrbanLight continued growing its light industrial and logistics portfolio by acquiring two properties near Helsinki-Vantaa airport, with the total portfolio now comprising over 33,000 sqm across four properties.

The current acquisition adds two properties and increases the portfolio by approx. 27,000 sqm of logistics and warehouse space. Tikkurilantie 154 adds 22,000 sqm of prime logistics premises near the Helsinki airport. The property is fully leased to international logistics operator DB Schenker and offers premises in an excellent logistics location in the Helsinki metropolitan area. It also presents a compelling opportunity for future development including a potential expansion and an improved sustainability profile.

The other property, with approximately 5,000 sqm of lettable area, is a multi-tenant facility located in Vantaa's Piispankylä, offering excellent access to all major highways. The property will also undergo a significant modernization in the coming years, with a focus on ESG enhancements to further improve its sustainability and energy efficiency.

"These acquisitions further strengthen UrbanLight's portfolio and align perfectly with our strategy of owning high quality properties in prime locations in and around Helsinki. We believe there is significant potential to add value to the newly acquired properties through targeted investments in sustainability," says Robert Landtman, Partner at Alma Property Partners.

"The recently executed transaction reflects our ability to carry out significant acquisitions even in the current market environment. We aim to continue growing our portfolio through acquisitions and further developments," continues Ville Vänttinen, Founding Partner at Alea Partners.

 

Contact information:

Alma Property Partners

Robert Landtman, Partner

robert.landtman@almaproperty.fi

+358 50 374 6069

Alea Partners

Ville Vänttinen, Founding Partner

ville@aleapartners.fi

+35840 777 224

About UrbanLight

UrbanLight is a company founded and owned by Alma Property Partners and Alea Partners which invests in logistics, last-mile, and light industrial properties strategically positioned within key areas of the Helsinki metropolitan area. During 2024, the company has acquired four properties comprising over 33,000 sqm.

About Alma Property Partners

Alma Property Partners is a real estate investment company focused on the Nordic Region and manages three opportunistic real estate funds with over €700 million in capital commitments. The company is built on the principles of active ownership and strong alignment with investors and is therefore fully owned by the management team. The team has extensive experience and a strong track record in Nordic real estate investment and asset management. Alma aims to be the partner of choice for institutional investors seeking real estate exposure in the Nordic Region.

For more information, please visit: www.almaproperty.se.

About Alea Partners

Alea Partners is a real estate investment and asset management boutique based in Finland. Owned by the management team, Alea identifies, manages and creates value at its property investments together with selected equity partners. The Alea team builds tailor-made investment strategies to enable its partners to grow and prosper in the Finnish real estate markets.

For more information, please visit: www.aleapartners.fi.

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