The buyer is Elite Alfred Berg’s real estate fund Elite Finland Value Added Fund II Ky. 

The portfolio includes five light industrial properties with a leasable area of approximately 20,000 square metres in total. The buildings are located in popular industrial areas in Helsinki, Espoo, Tampere and Oulu. The properties are leased to several tenants such as Bosch Rexroth and Oerlikon Balzers Coating Finland.

The properties are sold by Cromwell Property Group. 

Catella acted as the seller’s financial advisor in the sales process.