Borenius advises Logistea AB (publ) on its acquisition of a fully let property in Hämeenlinna, Finland, from eQ Commercial Properties Fund

We advise Logistea AB (publ) on its acquisition of a fully let property in Hämeenlinna, Finland, from eQ Commercial Properties Fund. Logistea AB has entered into an agreement to acquire the property with property ID 109-22-56-5, located at Länsiportintie 15, Hämeenlinna, Finland. Faerch Finland Oy leases the entire property, which has a total lettable area of 21,276 square meters.

Logistea is expanding its property portfolio and has signed an agreement to acquire the light industrial property with property ID 109-22-56-5 in Hämeenlinna, Finland, by acquiring the shares in the property-owning company Kiinteistö Oy Hämeenlinnan Länsiportintie 15. The asset is a modern and flexible light industrial asset built in 2012, has a ceiling height of 10-12 meters and a strong location adjacent to the highway in between Helsinki and Tampere. The closing is expected to take place on 12 June 2025.

The property has a total lettable area of 21,726 square meters and is fully let to the financially strong tenant Faerch Finland Oy, a fully owned subsidiary to Faerch A/S which is a leading provider of sustainable, circular food packaging solutions.

Approximately 85 percent of the space is used as manufacturing and warehouse, while the remaining areas consist of office and common areas. Faerch A/S, owned by A.P. Möller Group and Færch Foundation, had a revenue of EUR 1.2 billion in 2024 and employs some 5,600 people. The property is built for the tenant, supplies the Finnish market with sustainable food packaging and is Faerch’s only production site in Finland.

Logistea is a Swedish real estate company focusing on warehousing, logistic and light industrial properties. The company’s shares are listed on Nasdaq Stockholm with the short names LOGI A and LOGI B.