Trevian Asset Management advising AXA IM - Real Assets on acquisition of 909-unit residential portfolio in Finland
Trevian Asset Management Oy, a leading Helsinki based investment and asset management company, is advising AXA IM - Real Assets, acting on behalf of clients, on the acquisition of a major residential portfolio in Finland. The Portfolio consists of 909 rental apartments, across 22 properties, located in central Finland and the Helsinki metropolitan area.
Constructed between 2010-2017, the apartments are located in Central Finland growth centres; thirteen in Tampere, six in the Helsinki Metropolitan area e.g. Kauniainen and Sipoo and three in Jyväskylä. The portfolio has been acquired for circa 130 million euros, by AXA IM - Real Assets’ sponsored funds that are focused on Core strategies in Europe’s primary investment market. Trevian acted as the local advisor for AXA IM - Real Assets during the acquisition process.
"We are delighted to be continuing our partnership with AXA IM - Real Assets, a global leader in real asset investments and the leading asset manager in Europe. Trevian is determined to be the preferred local partner for major global investors in the Nordics. The size of this acquisition and our ongoing involvement in AXA IM – Real Assets’ investment in Finland is a strong indication that we have realized this goal," said Trevian's CIO Stefan Söderholm.
Additional information:
Stefan Söderholm, CIO, p. +358 41 535 5144, email: stefan.soderholm@trevian.fi
Elina Jäppinen, Investment Manager, p. +358 40 063 4571, email: elina.jappinen@trevian.fi
Trevian Asset Management Oy is a Finnish investment and asset management company specializing in commercial properties. The company was established in 2012 and is owned by its key personnel. The company produces actively managed real estate equity funds and asset management services optimized for its customers. The services are focused especially for institutional real estate investors, banks and other professional investors. Trevian’s assets under management exceed 1.0B€.