Partners Group, acting on behalf of its clients, has sold the majority of its Finnish holdings in the Sveafastigheter Fersen and Sveafastigheter Fersen II structures to Nyfosa. The sales price was €200 million ($227 million).
The transaction consists of 43 properties across multiple cities, including Turku, Jyväskylä and the Helsinki region, totaling 222,000 square meters (2.4 million square feet) of predominantly office, retail and public-use assets. The portfolio is 87 percent leased.
“We are pleased to have completed a substantial exit in Finland. This represents a major milestone for the two Fersen structures, and we want to thank everyone involved, not least our local assets management partners in Finland,” said Annika Fridolf, fund manager, Fersen, and partner, Brunswick Real Estate.