UrbanLight has completed a sale and leaseback transaction for Kreate Group’s headquarter located on the north side of Helsinki-Vantaa airport.
UrbanLight continues to expand its light industrial and logistics portfolio by acquiring two light industrial properties from the rapidly developing Jussla area. The acquired properties are located next to UrbanLight’s first acquisition in Högbergintie 4, allowing for versatile development of the area in the future.
The acquired properties, Haarakaari 34 and Haarakaari 42, comprise approximately 2,700 square meters of light industrial premises completed in 2009 and 2021 situated on nearly 25,000 square meter plot. Kreate will continue as a tenant for the time being.
"The acquired properties strengthen our long-term capability to develop our assets in the Jussla industrial area. The relatively new buildings, combined with a large, paved yard area, meet the growing needs of light industrial companies" says Robert Landtman, Partner at Alma Property Partners.
"The properties fit perfectly with our strategy of owning and developing high-quality assets in the key locations of the Helsinki metropolitan area" continues Mikko Haapalainen, Founding Partner at Alea Partners.
Contact information:
Alma Property Partners
Robert Landtman, Partner
robert.landtman@almaproperty.fi
+358 50 374 6069
Alea Partners
Mikko Haapalainen, Founding Partner
mikko@aleapartners.fi
+358 40 716 5891
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.