20. Dezember 2011 
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Amplion negotiates lease extension for 186 retail properties
Amplion Asset Management closes its third major letting transaction in the portfolio. Suomen Lähikauppa, the third biggest grocery operator in Finland, has extended 25 lease agreements to 12 years and 161 to 8 years with European Property Investors, a fund jointly managed by AEW Europe and Tristan Capital Partners.
Ric Lewis, CEO of Tristan Capital Partners says, ”This letting supports our strategy of creating value with our portfolio through proactive asset management. It also demonstrates that established retail properties bring strong and stable cash flow. We are very pleased with Amplion’s ability to manage this complex deal.”
The Temple Portfolio comprises 259 retail properties across Finland, mainly leased to Suomen Lähikauppa Oy (SLK). The European Property Investors fund, managed by AEW Europe LLP and Tristan Capital Partners, purchased the portfolio from Tradeka (now SLK) in a sale and leaseback transaction in 2006. Amplion has been strategic advisor for the portfolio since the summer of 2011.
Ric Lewis, CEO of Tristan Capital Partners says, ”This letting supports our strategy of creating value with our portfolio through proactive asset management. It also demonstrates that established retail properties bring strong and stable cash flow. We are very pleased with Amplion’s ability to manage this complex deal.”
The Temple Portfolio comprises 259 retail properties across Finland, mainly leased to Suomen Lähikauppa Oy (SLK). The European Property Investors fund, managed by AEW Europe LLP and Tristan Capital Partners, purchased the portfolio from Tradeka (now SLK) in a sale and leaseback transaction in 2006. Amplion has been strategic advisor for the portfolio since the summer of 2011.
