Prisma Properties acquires three Finnish retail assets for €16m

Prisma Properties has expanded its holdings in Finland by purchasing three retail properties from Finnish investors for about €16 mln.

Jula and Jysk stores in Lojha

These properties, located in Lohja, Forssa, and Kemiö, in southwest Finland, are in retail areas with strong micro-locations.

They total approximately 15,400 m2 and are mostly leased to major discount retailers like Puuilo, Jysk, Rusta, Jula, and Tokmanni, generating about €1.5 mln in annual rent.

Two of the properties are new, built in 2022 and 2024, respectively.

The portfolio’s average remaining lease term (WAULT) amounts to 7.5 years.

The transaction is financed through a combination of debt and equity.

Tom Hagen, deputy CEO and head of Transactions at Prisma Properties, said: "Since our first acquisition in Finland in the summer of 2025, we have established a strong platform in the country. We are now present in more than 20 locations and have, in a short period of time, acquired properties valued at SEK 1.5 bn (€130 mln). With this acquisition, we further strengthen our position and approach SEK 2 bn (€173 mln) in property value in Finland. The acquisition broadens our portfolio with more high-yielding properties and a strong tenant mix, tenants with whom we look forward to continuing to grow."

The advisors on the deal were Erottaja Attorneys, Naava Partners and Navigator Partners.