JLL Advises Urban Partners on Sale of 80,500 Sq. M. DSV-Anchored Logistics Portfolio to Logian in Finland

Urban Partners has sold a three-asset logistics portfolio totaling 80,500 square meters to Logian, with JLL acting as sole commercial advisor to the seller. The transaction, announced Aug. 31, 2026, involves modern logistics terminals in Vantaa, Lieto and Lempäälä — strategic freight nodes serving the Helsinki Metropolitan Area, Turku and Tampere regions, respectively.

The portfolio was held within Urban Partners' Nordic Strategies Fund 5 (NSF V). Urban Partners was previously known as NREP. Law firm Roschier served as legal advisor to Urban Partners in the transaction.

Portfolio Overview: DSV-Anchored Finnish Logistics Network

All three terminals are fully leased to DSV, the global transport and logistics group, on long-term leases. The assets form the backbone of DSV's Finnish distribution network, serving local terminals across the country. The Vantaa terminal, located in the Helsinki Metropolitan Area, also functions as DSV's main terminal and Finnish headquarters.

Each of the three properties sits on a freehold plot. The portfolio carries an Energy Performance Certificate rating of A across all assets and holds BREEAM In-Use Excellent certification. All three terminals are equipped with rooftop solar panels, and two of the three feature geothermal heating and cooling systems.

Parties and Advisory Roles

Joonas Lemström, Head of Finland at Urban Partners, said the transaction reflects continued investor appetite for high-quality logistics real estate in the country. "This transaction demonstrates again that there is strong investor demand for modern, high-quality logistics properties in Finland," Lemström said. "The strategic location of the properties at Finland's most important freight transport hubs, long lease agreements and high technical quality standards made them attractive to long-term investors. We want to thank JLL, their expertise was valuable in achieving this successful outcome."

Antti Pelli, Senior Director, Capital Markets at JLL Finland, said the deal extends a long-running advisory relationship between the two firms. "We are delighted to be able to assist Urban Partners in such a notable prime portfolio transaction," Pelli said. "It reflects yet another milestone in our long-standing partnership with Urban Partners. We are also pleased to see these prime logistics assets acquired by domestic capital. JLL conducted an extensive marketing process that attracted significant interest and delivered exceptional results for our client. We would like to thank and congratulate both the seller and the buyer."

Market Context: Finnish Logistics Investment Activity

The transaction comes amid a broader recovery in Finnish commercial real estate investment volumes and sustained institutional demand for modern, energy-efficient logistics facilities. Finland's primary logistics markets — concentrated along the Helsinki–Tampere–Turku corridor — have attracted consistent interest from both domestic and international capital, driven by the concentration of third-party logistics operators and cross-dock infrastructure in those regions.

The portfolio's combination of 100% occupancy, long-term leases with a single tenant, top-tier sustainability credentials and freehold land positions it within the core segment of the Finnish logistics investment market.

About the Firms

JLL (NYSE: JLL) is a global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. Urban Partners is a Nordic real estate investment manager operating across multiple fund strategies, including the Nordic Strategies Fund series.