trending Market Intelligence /marketintelligence/en/news-insights/trending/oqVPYrqyq4hh5OI2qUP12g2 content esgSubNav
In This List

Finnish real estate market sees 1st Korean investment

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection

Video

S&P Capital IQ Pro | Powered by Advanced Visualization

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


Finnish real estate market sees 1st Korean investment

The Finnish real estate sector saw its first-ever inflow of capital from Korea with GLL Real Estate Partners GmbH's acquisition of a logistics portfolio and 135,000 square meters of commercial space on behalf of Korean investors for an investment volume in the "hundreds of millions."

The logistics portfolio comprising five properties, managed by Wilfast Föryaltning AB, was acquired from Norwegian investment manager Ness, Risan & Partners. The properties are in cities such as Helsinki and Tampere, and they are leased to Posti on a long-term basis.

Helaba will fund the acquisition, according to a release.

Castrén & Snellmann, KPMG and JLL advised GLL on the deal.