Aktiivitilat, a Finnish real estate investment company specializing in light industrial properties, has launched a new property portfolio with two acquisitions in Greater Helsinki.
First Acquisition: Compact Asset in Tuusula
The first transaction under Aktiivitilat’s new investment vehicle was completed in Tuusula’s Jussla district. The property, located at Jusslansuora 10 is a compact industrial hall with approximately 1,500 m² of lettable area. The asset is fully leased to a single tenant and was acquired from a privat investor.
“This is a small but well-located asset, perfect for our new strategy,” said Tapani Piri, Partner and Head of Investments at Aktiivitilat. “We’ve revised our investment criteria and are now actively targeting smaller assets—down to 1,500 square meters—if they meet our quality standards. Jusslansuora 10 is fully leased, requires no significant refurbishment, and is simple to manage, making it an ideal first acquisition for the new portfolio.”
Second Acquisition: Multi-Tenant Logistics Asset in Kerava
The second deal closed at the turn of the month was the acquisition of a 4,774 m² logistics property at Terästie 13 in the Ahjo industrial area of Kerava. The property is leased to four tenants and features clear heights of 6–8 meters, along with loading docks, making it well-suited for both logistics and light production operations.
“This is a highly versatile building with excellent adaptability,” Piri commented. “We value locations where good accessibility is combined with flexible spaces that serve various industrial uses.”
The seller, DEAS Property Fund Finland I Ky (soon to be renamed Fokus Property Fund Finland I Ky), executed a successful exit from the fully leased property. According to DEAS’s Fund Manager Pekka Riikonen, “With signs of market recovery, it was the right time for us to recycle capital and optimize the fund. This was a straightforward and efficiently executed transaction, thanks to experienced parties and skilled advisors on both sides.”
Regional Focus and Market Timing
Both acquisitions are located in central areas of the Helsinki metropolitan region, an area where Aktiivitilat sees abundant opportunity. The company currently targets a corridor stretching from Kirkkonummi to Sipoo, including Tuusula, Kerava, Järvenpää, and Nurmijärvi—regions characterized by high occupier demand and favorable logistics connections.
“Our timing for entering the market has turned out to be excellent,” Piri concluded. “We are currently reviewing additional acquisitions and conducting due diligence on several prospects, with more deals expected to close soon.”
Aktiivitilat has plans to invest over €200 million in light industrial assets across the capital region over the next three years. The Tuusula acquisition marks the beginning of what is expected to be a highly active acquisition cycle.