Advium advised Tamar in the sale of two logistics properties
02.06.2010
Tamar European Industrial Fund (“TEIF”) has signed a binding agreement to sell two logistics and light
industrial assets in Finland to institutional investor OP-Henkivakuutus Oy for a net price of €20,700,000.
The larger of the two assets is located in Vantaa, Helsinki, in a prime logistics area close to the airport,
and comprises 14,891 sq m of warehouse, production and office space.
The smaller asset is located in Tampere, Finland’s third largest city, and comprises 2,471 sq m of light industrial and office space.
Both assets are leased to a privately-owned Finnish company, Machinery Oy, with long-term leases.
Advium acted as the financial adviser for TEIF in the transaction process.
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