JLL has advised Partners Group on the divestment of a significant property portfolio to Nyfosa
The global private markets investment manager Partners Group has signed agreement to sell a mixed-use property portfolio in Finland to Nyfosa AB, a Swedish listed property company.
Partners Group, a leading global private markets firm, acting on behalf of its clients, has signed agreement to sell a mixed-use property portfolio in Finland to Nyfosa AB, a Swedish listed property company.
The mixed-use portfolio comprises 43 properties located in several municipalities in Finland, with focus on the Helsinki region, Turku and Jyväskylä. The lettable area of portfolio is ca. 222,000 sq m. The portfolio consists of retail warehouse properties, office properties, car dealerships and mixed-use properties. The sale price amounted to approximately EUR 200 million.
Closing is scheduled to take place on April 1, 2022.
Tero Uusitalo, Head of JLL Capital Markets Finland: “We are extremely pleased to facilitate the successful sale of PG’s portfolio to Nyfosa. This deal is a great example of the increased investment demand towards Finnish property market. Particularly it is great to see so sizeable transaction taking place mainly outside of Helsinki Metropolitan Area”.
JLL acted as Partners Group’s sole commercial advisor in the transaction. Avance acted as the seller’s legal advisor in the transaction.
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