PPI expands Nordic healthcare portfolio with Finnish care property acquisitions

Public Property Invest ASA (PPI) has agreed to acquire three new care properties in Finland for approximately €28 million, solidifying its position in the Nordic healthcare property market. These assets, one in the Helsinki region and two in the Turku region, will be constructed by Hartela Oy under a turnkey agreement. Completion is expected between autumn 2026 and spring 2027, offering 195 care places across approximately 8,000 sqm.

The acquisitions feature 15-year leases with established tenants, including Attendo and Kototiimi Oy. Upon completion, the properties are projected to generate an annual net rental income of approximately €1.85 million, with 100% CPI-indexed NOI.

PPI emphasizes its commitment to sustainable investment, noting that all developments are designed to meet high environmental standards, achieving an EPC A rating and complying with EU taxonomy sustainability criteria. The transactions are slated for completion during Q4 2025.