Special investment fund UB Suomi Kiinteistöt, managed by UB Asset Management, has sold a fully let big-box property in Tammisto to Kielo, which is owned by real estate investment company Nyfosa.
News release
23 June 2025
JLL advised UB’s fund on the sale of a prime big-box property to Kielo
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The leasable area of the property is approximately 5,100 sq m and the main tenant of the property is Intersport Finland.
Jari Tirkkonen, Director, Capital Markets, JLL Finland: “We are very pleased to have completed this transaction with UB’s fund. Interest in big-box properties has significantly increased over the past year. The property recently sold by UB is strategically located in Finland's most prominent Tammisto big-box area, attracting considerable attention from multiple investors. This transaction underscores the growing appeal of such properties in the current market. We want to thank and congratulate UB and Kielo for the transaction.”
JLL acted as commercial advisor to UB in the transaction. Krogerus Attorneys acted as legal advisor to UB.