Erikoissijoitusrahasto LähiTapiola Sijoituskiinteistöt – Acquisition of Industrial Property in Tampere

We advised Erikoissijoitusrahasto LähiTapiola Sijoituskiinteistöt non-UCITS fund in the acquisition of industrial property from OP Life Assurance Company Ltd. The property located in Tampere is fully leased to Sanoma Manu Oy, a subsidiary of Sanoma Corporation. The property is a modern LEED-certified printing house completed in 2012, with approximately 14,700 m2 of leasable area.

This industrial property will be the fund’s second largest property. The property is a good fit for the fund’s investment strategy and further diversifies both the fund’s real estate asset class distribution and its geographical distribution.