The portfolio comprises 16 properties in southern and central Finland. The properties comprise 35,500 square meters and are fully leased to the market-leading food retailers Kesko and S-Gruppen as well as the leading discount store chain Tokmanni. The portfolio has an average lease length of more than eight years and rental income of MSEK 40.
"This is a well-managed portfolio with strong tenants and locations. We are very pleased to implement this transaction with Elite and look forward to working with the tenants to continue the positive development of the properties," says Jan Björk, CEO of Trophi.
Trophi Acquires Finnish Portfolio
Finland — Trophi has acquired a property portfolio with a property value of MSEK 460 (EUR 45M) from Elite Kiinteistökehitysrahasto I Ky.