JLL advises the vendor in the sale of a social infrastructure portfolio to Kinland Group
JLL acted as advisor to the vendor in the sale of a portfolio of nine properties to the leading Nordic social infrastructure company Kinland Group. The portfolio comprises seven daycare and two care home properties providing capacity to 784 customers, and a gross lettable area of approximately 8,000 sq m.
The properties are located in eight Finnish cities and are fully occupied with long lease agreements. The sites are all recently built and are operated by five market-leading operators.
Antti Pelli, Senior Director, JLL Finland: We are pleased to help the vendor in the sale of this high-quality portfolio to Kinland Group. The appetite for high-quality daycare and social infrastructure investments in Finland remains strong. Investors are interested in the attractive return profile coupled with the underlying long-term market fundamentals in Finland. We are also pleased to continue building our strong track record in the healthcare market and we want to thank the vendor and Kinland for a smooth transaction.
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