Stendörren Fastigheter has entered into an agreement to acquire 14 properties in the Helsinki region with an agreed property value of SEK 1.3 billion. The portfolio is fully leased and the average remaining lease period is just over three years. The annual net operating income is approximately SEK 96 million. The acquisition is financed with existing cash and bank financing. Closing is expected to take place on 20th of February 2026.

 

The acquisition is expected to increase annual income from property management per share by 13 percent, calculated pro forma on earnings capacity as of 1 January 2026.


Income from property management per share based on the earnings capacity as of 1 January 2026 pro forma including the acquisition will increase by 19 per cent compared to the earnings capacity as of 1 October 2025 and by 35 per cent compared to the earning capacity as of 1 January 2025.

In addition to the current acquisition, previously completed acquisitions, primarily in the fourth quarter of 2025, and extensive premature refinancings since mid-2025, contribute to the strong financial development.


Stendörren intends to maintain a continued high growth rate in 2026 in terms of both acquisitions and property development. The growth is expected to be financed through available liquidity, running cash flow and through new interest-bearing financing.

 

The portfolio includes warehouse and light industrial properties in three different industrial areas in attractive locations close to Helsinki Airport. The assets are characterized by high technical standard with high flexibility, with almost half of the total leasable area built after 2020. The total leasable area amounts to approximately 63,000 square meters, and in addition to this, there are significant land areas for the tenants' operations and building rights for further development. Furthermore, the portfolio is well diversified with more than 90 tenants from different industries and with different contract lengths, where some of the largest tenants are Saka, Raskone and Autoklinikka.

"We are pleased to complete this strategic acquisition, which in isolation is expected to increase income from property management per share by 13 percent. Furthermore, the acquisition means that a critical mass is achieved in the Helsinki region from an asset management perspective, which strengthens Stendörren's operational efficiency, while improving the risk profile through increased geographical and customer diversification.", says Erik Ranje, CEO of Stendörren.