Logistea is expanding its property portfolio in Finland and has today closed the acquisition two light industrial properties located in Tampere and Oulu through the acquisition of the respective property-owning companies. The assets are modern and functional built-to-suit car service and tire storage facilities constructed between 2008 and 2012, with strong micro-locations in established commercial and industrial areas with good accessibility.

 

The portfolio comprises a total lettable area of 10,469 square meters and is fully let to Vianor Oy. The tenant is responsible for operating and maintenance costs.

 

The transaction is financed with available funds.