Newsec acted as the vendor's commercial advisor in the sale of Vantaanportti Retail Park, located at Antaksentie 4, Vantaa. The leasable area of the property is approximately 24,000 sqm. The buyer was Special Investment Fund eQ Finnish Real Estate.
Special Investment Fund eQ Finnish Real Estate – eQ Finnish Real Estate (AIF) is a Special Investment Fund managed actively by eQ Group. eQ Finnish Real Estate invests in retail, office, hotel and industrial real estate in Finland. The fund aims for 7 – 10% total annual return and has returned 9.9% p.a. since inception (after costs). The fund is open for new investors quarterly and semi-annually for redemptions. eQ Group is a Finnish group of companies that concentrates on asset management and corporate finance operations with €8.3 billion of assets under management.
Newsec – The Full Service Property House in Northern Europe – is by far the largest specialized commercial property firm in Northern Europe. With over 1700 professionals in 20 offices Newsec covers all parts of the commercial property market. Newsec provides services to most of the leading property owners and investors in the region. Newsec manages more properties and carry out more transactions, more lettings and more valuations than any other firm. We have the largest research team. Together this gives us depth and breadth of the market. As in many other geographical regions the vast majority of the transactions take place between local players. It is therefore vital to have a strong local presence in every country in order to find the right counterpart. We also have an exclusive collaboration with BNP Paribas Real Estate - one of the leading advisors in Europe.
For further information, please contact:
eQ Asset Management, Investment Director,
tel. +358 50 360 6553
Newsec Advice Oy, Partner,
tel. +358 45 111 1011