HPP has assisted an affiliate of Pontos Group in the sale of three properties, located in Lappeenranta, from its ReLog portfolio. The sale of the properties is part of Pontos’ divestment strategy of its ReLog portfolio. According to the strategy Pontos Group focuses even more strongly on the development of growing cities. The increase in e-commerce due to the COVID-19 situation has been followed by an increasing demand for logistics properties.
The properties were bought by Idän Liikenteenvälitys IL Oy, positioned in the Russian market and MMK Kuljetus Oy, positioned in the Finnish market. For the buyers, the properties allow for more possibilities of business expansion.