German real estate investor Sicore Real Assets has acquired a Finnish airport logistics asset from an Urban Partners-managed fund and Pontos Group.
The recently completed 15,000sqm logistics facility at Helsinki Airport, which serves as DHL Express’s main sorting centre in Finland, was acquired from the Nordic Strategies Fund 3 fund and Pontos for an unspecified amount.
Martina Averbeck, speaker of the management board of Sicore Real Assets, said: “This prime asset represents a strategic addition to our growing logistics portfolio. Its proximity to the airport modern operational solutions enabling third-party adaptability and top ESG credentials align strongly with our long-term acquisition profile.
“We will continue to source attractive logistics assets that support the development of local, regional and international logistics networks across core European markets.”
Joonas Lemström, partner and country lead, Urban Partners, Finland, said: ”We are proud of the role we played in successfully developing and delivering a strategically important logistics center for DHL to serve the entire Finnish market. The project has been executed to exceptionally high environmental standards, and it’s gratifying to see that – even in a somewhat challenging market environment – there remains strong institutional demand for best-in-class assets.
“This project highlights how we, as an investor and developer, can combine commercial performance with responsible construction to create long-term value for both the user and the investor.”
Päivi Tomula, real estate investment director, Pontos, said: “We are very pleased with the outcome of this successful project. The collaboration with Urban Partners has been excellent, and this sale proves that our shared vision and professional expertise deliver results. We thank Urban Partners for the seamless cooperation that led to this excellent outcome.”
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