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Real Estate & Construction / 29 Sep 2017

Borenius advised Ness, Risan & Partners on the sale of a logistics portfolio to GLL Real Estate Partners

We advised Ness, Risan & Partners on the sale of a logistics portfolio consisting of five Finnish properties and 135,000 sqm to GLL Real Estate Partners, which was backed by South Korean capital. The portfolio consists of three postal centres (Tampere, Kuopio, and Oulu), one warehouse (Tuusula) and one freight terminal (Pirkkala). The properties are leased on a long-term basis to Finnish postal and logistics company Posti Group.

Ness, Risan & Partners (NRP) is an independent and privately owned investment firm. Its clients include family offices, private investors, investment companies, foundations, trusts, and institutional investors. NRP offers direct investment and fund solutions within the real estate, shipping, and offshore sectors.

GLL Real Estate Partners is a Munich-based international asset manager that provides a full range of products and services to institutional investors. The company operates as a fiduciary in Europe, the United States, and Latin America.

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