Partners Group purchases Finland real estate portfolio

Partners Group has purchased the SaKa Hallikiinteistot real estate portfolio in Finland.

The financial terms were not disclosed.

The sellers in the transaction were Mandatum and Kaleva Mutual Insurance Company.

The portfolio comprises 140,000 square meters (1.5 million square feet) spanning across 20 properties, located in Finland's most central logistics and industrial areas.

Partners Group, acting on behalf of its clients, is the primary owner, while Trevian, who acted as the buyer's advisor for the purchase, is also invested in the portfolio and will continue as the real estate asset manager of the portfolio.

Partners Group, alongside Trevian, will execute the value creation plan and seek to scale the portfolio into a leading platform in Finland. Key value creation initiatives will include re-leasing assets at market rents, executing extensions to fulfil tenant expansion needs, and targeting capex initiatives to upgrade facilities with a stron