Client
UM Kiinteistöt Oy is a real estate development company founded in 2015, specializing in property, area development, and construction projects, particularly in the Pirkanmaa, Southwest Finland, and Uusimaa regions. The company owns over 50 hectares of land, equating to around 200,000 sqm of building rights for commercial and residential construction. The company aims to generate vitality and growth by developing modern commercial properties and extending the lifecycle of real estate assets.
Transaction
KPMG Real Estate M&A team acted as the sole commercial advisor, and KPMG Law served as legal advisor to Finnish real estate developer UM Kiinteistöt in connection with the sale of a modern logistics asset in the Tampere region to the Finnish real estate investor. The asset is fully leased to a single tenant under a long-term agreement.
The asset is an over 6,000 sqm state-of-the-art warehouse, which was completed in 2024, and it is fully let to a single tenant. The asset is designed for high energy performance, featuring a geothermal heating system, an A-class energy rating, and a rooftop solar power plant. The asset is located in the Tampere region in Southern Finland, offering a compelling macro location for light industrial investment.