UrbanLight acquires a light industrial property in Ristikivi, Tuusula
UrbanLight continues to expand its portfolio with the acquisition of a modern, ESG compliant property in Ristikivi, Tuusula.
The newly acquired property, located at Liekonkuja 14, includes approximately 4,000 square meters of workshop and warehouse space. Completed in 2020, it sits on a large plot of about 36,000 square meters. The property is leased to Lehto Rent Oy, a rental company for equipment and machinery, and Tracwest Oy, a company specializing in the import and rental of heavy machinery.
"Properties like this where modern facilities are combined with an extensive yard make Liekonkuja 14 particularly interesting to potential tenants and thus is an attractive investment for us. In addition, the property's A EPC rating supports our strategy of building a sustainable and future-proof portfolio," says Robert Landtman, Partner at Alma Property Partners.
“Liekonkuja 14, located in Ristikivi with excellent transport connections and well-suited for space-intensive operations, fits our strategy extremely well. It's a prime example of a high-quality light industrial property where the modern, energy-efficient light industrial building and large yard area serve our tenants’ needs excellently — and for which there is a clear shortage in the Helsinki metropolitan area. In addition to this acquisition, we have several other deals in progress and remain determined to continue building our portfolio through new acquisitions and the development of existing assets,” adds Ville Vänttinen, Founding Partner of 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
+358 40 777 224
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. UrbanLight owns seven properties comprising over 40,000 sqm of leasable area.
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 rea lestate markets.
For more information, please visit: www.aleapartners.fi.
