Prisma Properties has signed an agreement to acquire a retail property in Lahti, Finland, through a forward purchase transaction. The acquisition is based on an underlying property value of approximately €9.6 million, corresponding to €1,882 per m².
The property will comprise around 5,100 m² of lettable area and is fully pre-let to two leading discount retailers on 11-year lease agreements. Upon completion, the annual rental value is expected to be approximately €750,000.
The asset will be located in an established retail area in Lahti along the E75 highway, roughly 1.5 hours from Helsinki. The seller is a Norwegian private real estate company and developer.
Through the acquisition, Prisma Properties strengthens its cooperation with the Finnish property developer and contractor Tekova, which will construct the building. Prisma currently has two ongoing projects with Tekova in Finland.
Construction is planned to begin in the first quarter of 2026, with completion and handover scheduled for the fourth quarter of 2026.