Logian Acquires 80,500-Square-Meter Three-Property Logistics Portfolio in Vantaa, Turku and Tampere Regions

Logian has acquired a three-property logistics portfolio totaling approximately 80,500 square meters spanning Finland's three primary logistics corridors — Vantaa in the Helsinki metropolitan area, Lieto near Turku and Lempäälä near Tampere. DSV is the long-term tenant across all three assets, which were constructed between 2015 and 2022 and are fully leased.

Portfolio Overview

The three warehouse and distribution properties represent a modern, income-stabilized portfolio anchored by a single international logistics operator. All three assets carry BREEAM Excellent certification and an A-energy class rating. The properties' construction dates — ranging from 2015 to 2022 — place them among the more recently built logistics facilities in the Finnish market.

Logian is backed by Keva and Mrec Investment Management, and the platform has stated a goal of scaling its logistics, warehouse and industrial assets to approximately €600 million. Elsi Luhtanen of Mrec Investment Management is responsible for Logian's properties.

"This acquisition significantly strengthens Logian's logistics network in exactly these key areas. We are very pleased with the deal and look forward to continuing our good cooperation with DSV going forward," said Elsi Luhtanen.

Strategic Rationale

The acquisition is part of Logian's strategy to expand its logistics real estate network in areas of Finland where demand for logistics space is growing most strongly. The company has identified the Helsinki metropolitan area, Turku and Tampere as priority markets, and the three-asset portfolio directly addresses all three corridors simultaneously.

Logian said the transaction supports its goal of enabling customers' growth and operational development by offering modern, functional logistics facilities in key locations. The company plans to develop the sustainability profile of the properties in cooperation with DSV.

Finnish Logistics Market Context

The acquisition comes as Finland's industrial and logistics investment market has shown notable momentum. Industrial and logistics investment in Finland reached €199 million in the second quarter of 2026, representing 22 percent of total investment volume and a 29 percent increase year over year. The prime logistics yield stood at 5.25 percent in Q2 2026, having moved out 15 basis points during the quarter, while prime warehouse and prime light industrial yields were 6.50 percent and 7.50 percent, respectively.

Modern logistics space in Finland's best-located submarkets has remained in tight supply, with vacancy in newer premises particularly low. Demand for light industrial and logistics space, combined with shrinking available stock in sought-after locations, has pushed rents higher in key logistics submarkets. Investors have increasingly focused on stabilized, income-producing assets in supply-constrained locations, particularly those with long leases, modern specifications and strong transport access.

Sources

Logian — Logian acquires 80,500 sqm logistics portfolio