Swiss Life buys retail properties in Helsinki and Espoo from eQ

Swiss Life Asset Managers acquired a big-box retail asset located between the Finnish cities of Helsinki and Espoo from eQ Commercial properties fund.

The retail box asset comprises four properties, each holding the highest available energy performance certificates. Additionally, they have solar panels installed that generate renewable energy for both the properties and tenants.

“These properties tick all the right boxes for us as an owner and shows us that the current market provides interesting opportunities for those with dry powder. In addition, being able to do this purchase together with a local operational partner was important to secure the right management for the assets with local knowledge and insights,” commented Martin Grimm Stromme, portfolio manager at Swiss Life Asset Managers Nordic.

Kristian Korbu, senior transaction manager at Swiss Life Asset Managers Nordic, added, “This acquisition symbolizes Swiss Life Asset Managers’ goal to furth