Evli’s new real estate development fund, Evli Value Add Fund IV Ky, has started its investment activity by acquiring three properties during April. The fund began operations in December 2025.
In Turku, the fund acquired a property at Satakunnantie 162, previously used by RTV. Puuilo will become the tenant of the property. The store will be renovated during the rest of the year and is scheduled to open by early 2027 at the latest. The new Puuilo store will follow the company’s current concept and include around 3,000 m² of retail space.
In Kuopio, the fund acquired K-Market Julkula, a grocery property completed in 2025 and leased to Kesko. The new store is located at Puijonsarventie 27. The whole building is more than 800 m² in size, with the store’s sales area covering around 500 m². The property was developed by Stockpos Oy, which had signed a lease agreement with Kesko, while Rakennustyö Salminen Oy was responsible for constructing the new store.
In Siilinjärvi, near Kuopio, the fund acquired a K-Supermarket property under development in Vuorela. The new K-Supermarket will be located at Vänrikintie 2. The retail building will have a total area of around 2,500 m², of which more than 1,300 m² will be sales area. The property is being built for Kesko and is scheduled for completion in 2027, with Rakennustyö Salminen Oy responsible for constructing the new store. In addition to the K-Supermarket, the building is expected to include one or two leasable commercial premises, which have been discussed with tenants of the current retail centre. Once completed, the new K-Supermarket Vuorela will replace the K-Market currently operating in the area.