Borenius advised Governia on the sale of an industrial property to Logian

We advised Governia on the sale of an approximately 10,000 sqm industrial and warehouse property to Logian. The property has an excellent location next to Helsinki-Vantaa Airport, offering exceptional accessibility. The property was previously owned by a government owned company, and it has been operated with high security standards.

Governia is a platform for government mandates and time-limited holdings and their financing arrangements. Governia’s mission as a sound owner is to develop and increase the shareholder value and social impact of the companies and assets it manages, in accordance with a defined ownership strategy. Governia operates under the ownership and mandate of the Prime Minister’s Office.

The real estate investment company Logian was founded in 2023 by Finland’s largest pension insurer, KEVA, and Mrec Investment Management Oy. Logian aims to invest in and develop a network of logistics, warehouse, and production properties worth approximately EUR 600 million by 2028, primarily at key transportation hubs in the Helsinki metropolitan area, as well as in Turku and Tampere. The goal is to attract high-quality businesses with comprehensive and efficient solutions. Logian’s strong understanding of industrial and logistics business requirements supports its growth and ensures a unique competitive advantage.