Union Investment: Logistics building acquired in Helsinki for €9.8mn
For approximately €9.8mn, Union Investment Real Estate has acquired a logistics building close to the Vantaa International Airport in the Finnish capital of Helsinki. The property is to become a part of the open property fund Immo-Invest: Europa. The seller was a consortium of owners consisting of Novator Properties, Ajantay Oy and the Royal Bank of Scotland. Jones Lang LaSalle Finland functioned as the broker. The building at Tikkurilantie 136 is rented long-term to a single tenant; it is said to be one of the few modern logistic buildings with good connections to the airport and expressways.