Press Release

CBRE advises Urban Partners on the acquisition of an eight-asset Finnish logistics portfolio from DSV in a sale-and-leaseback transaction

April 1, 2026

By Virpi Purola

Finnish Logistics

Urban Partners has acquired a portfolio of eight logistics assets in Finland from DSV, the global transport and logistics company, in a sale-and-leaseback transaction. CBRE acted as commercial advisor to Urban Partners in the transaction.

The portfolio comprises seven cross-dock terminals and one warehouse, totaling over 120,000 sq m of logistics space strategically distributed across Finland’s key freight corridors. DSV will continue to occupy all eight properties under a long-term lease agreement following completion of the transaction.

The portfolio represents a strategically critical component of DSV’s Finnish operations. Following DSV’s acquisition of DB Schenker, the combined network now covers Finland’s principal domestic and international road freight routes, with the portfolio’s assets serving as the operational backbone of one of the country’s largest logistics operators.

"We are particularly pleased to establish this partnership with DSV, a global leader in logistics. The sale-and-leaseback structure ensures business continuity for DSV, allowing them to focus on their core operations, while providing Urban Partners with stable, long-term income streams from well-maintained and efficiently run facilities. This type of collaborative approach underscores our commitment to fostering strong relationships with our partners”, Joonas Lemström, Head of Finland, Urban Partners

“This deal stands out as one of Finland's most significant logistics transactions in recent years. The Finnish logistics market continues to exhibit strong fundamentals and a compelling outlook. The portfolio itself offers a rare combination of scale and mission-critical tenant operations. We are delighted to have played a key role for Urban Partners in achieving this landmark acquisition”
Ilpo Münster, Head of Investment Properties, CBRE Finland

The CBRE Finland team advising on the transaction comprised Ilpo Münster, Jouko Lehtonen, Jenna Häyrynen, Arttu Kuvaja and Saku Laamanen.

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CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.