JLL advises eQ Finnish Real Estate special investment fund in the sale of prime parking property to Equitix infrastructure fund
eQ Finnish Real Estate special investment fund has sold a newly built parking property in Helsinki to an infrastructure fund controlled by Equitix, a UK-based infrastructure asset manager.
The parking property was constructed in 2021 and is located in the Jätkäsaari peninsula right next to one of the busiest passenger ports in Europe, the West Harbour. The property offers up to 725 parking spaces and is fully let with a long-term lease agreement to the Port of Helsinki, a subsidiary to the City of Helsinki.
Rikumatti Forsberg, Director, JLL Capital Markets Finland: “We are very proud and pleased to have been able to assist eQ Finnish Real Estate special investment fund on another successful sale. The transaction is a great example of current strong international investor demand for assets with central location, long lease maturities and resilient tenants. In addition, the transaction highlights the width of JLL’s global investor network, and we are extremely pleased to have found Equitix as a new long-term owner of the asset.”
JLL acted as eQ Finnish Real Estate special investment fund’s sole commercial advisor in the transaction. Avance acted as the seller’s legal advisor in the transaction.
Contact: Rikumatti Forsberg, Director, JLL Capital Markets Finland
Phone: +358 50 594 1722
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