| Real Estate

Hannes Snellman Advised UrbanLight in the Sale and Leaseback of a Warehouse Property

A wide warehouse aisle lined with tall shelves stacked with boxes and packages, with three people in safety vests walking down the center of the aisle.

Hannes Snellman advised UrbanLight, a joint venture between Alma Property Partners and Alea Partners, in the acquisition of a modern warehouse property located at Koskelo, Espoo through a sale and leaseback transaction. The property comprises over 6,000 sqm of lettable area on a plot exceeding 18,000 sqm and is strategically located in Koskelo, one of the Helsinki Metropolitan Area’s established industrial and logistics submarkets.

As part of the transaction, the seller has entered into a long-term lease agreement and will continue to occupy the premises.

Since completing its first acquisitions in early 2024, UrbanLight has grown its portfolio to approximately 55,000 sqm of lettable area.

Hannes Snellman’s core advisory team comprised Matti Lajunen, Eemi Piirainen and Lauri Parvela.