Niam and Kuuskodit Investment Management announce the launch of a new joint venture, an initiative to enhance family living through the development of terraced family houses, tailored for the rental market in the Finish growth triangle HMA, Tampere and Turku. The investment strategy focuses on providing optimal living spaces for families, setting new standards in the design and functionality of rental residential housing.
To initiate the investment strategy, the joint venture has acquired a seed portfolio from Toivo Group, comprising five constructed assets, built in 2021-2022. This portfolio includes 117 apartments housed in modern terraced buildings, totaling 5,900 square meters of leasable area, located in Espoo and Turku.
Source: Press release sent May 8th