Funds managed by Slättö have, through two separate transactions, agreed to acquire two residential portfolios in Finland, for a total transaction value of EUR 130 million. The acquisitions are made with Finnish institutional investors as co-investors.
The residential portfolios comprise approximately 800 residential units in the Helsinki Metropolitan Area (“HMA”) and Tampere, with some 70 per cent of the value concentrated int the HMA. The assets have strong locations in their respective submarkets and are of high standards, with the majority being newly built properties.
Source: press release sent 24 June 2024