Finland — Kesko has acquired two properties from EQ Commercial Properties Fund: the Sinikallio shopping centre in Mankkaa, Espoo, and the property where its K-Citymarket Salo hypermarket operates. Kesko has long been the primary tenant and main user of both properties.

Finland — Kesko has purchased two plots at Kauppakatu 16 in the city of Lahti from Luhta-Kiinteistöt Oy. The deal is part of Kesko’s growth strategy, which involves updating existing grocery stores and opening several new ones in Finnish growth centres in upcoming years.

Finland — Kesko and the building company SSA Rakennus Oy are set to build a new K-Citymarket hypermarket store in Kivistö, Vantaa. This will be Kesko’s fifth hypermarket in Vantaa, which is the fourth biggest city in Finland and part of the Helsinki metropolitan area. The premises will host the K-Citymarket and some 20 other commercial facilities, as well as integrated housing built by SSA Rakennus.

Finland — Kesko continues to implement its growth strategy by investing over EUR 300 million in building an 82,000 square metre logistics centre for Onninen and K-Auto in Hyvinkää. The project will be completed in stages between 2025 and 2030.

Finland — Kruunuvuoren Satama, which is a subsidiary of Kesko Group, has divested a retail property located in Karjasilta in Oulu. The anchor tenants of the property include Budget Sport and Intersport.

Finland — Retail group Kesko, the Finnish Pension Insurance Company Ilmarinen and the Swedish pension insurance company AMF Pensionsförsäkring has created a joint venture that will own, manage and develop store sites primarily used by Kesko Group.

Finland — Trevian Asset Management has with Cording Real Estate Group and H.I.G. Capital jointly purchased a portfolio containing 123 retail properties, in Finland. The underlying property value reaches approximately €107 M, divested by a fund managed by Axa Real Estate Investment Management.