Trevian advises on significant residential real estate transactions
HELSINKI, 28 October 2021 / PRNewswire / – Trevian Asset Management acted as commercial advisor to an international investment management firm in two transactions, including two significant portfolios of residential properties during the third quarter of 2021. The properties purchased are primarily located in the Helsinki Metropolitan area. The transactions are a strong indication of the growing interest of European investors in Finnish residential real estate portfolios. Trevian strongly believes that Finnish residential real estate development will increasingly need to attract more foreign investment capital to avoid a shortage of rental housing production.
The real estate portfolio transactions consisted of 528 rental apartments built by Finnish construction companies, all of which are actively used for rental. The buyer is a European international investment management company for which Trevian has acted as a local partner, market expert and real estate investment advisor in several investments in Finland and other Nordic countries.
The Finnish housing market has been growing strongly since 2016. As a result, Finnish portfolios have started to attract interest, especially from foreign investors. Foreign investors who have recently entered the Finnish market are mainly European fund management companies and institutional investors. To raise Finnish rental housing production to a level commensurate with future demand, Trevian aims to add international engagement and discussion to bring more foreign investors into the market.
Finland is a notable destination country for foreign residential real estate investors, as the Finnish rental market is very transparent compared to many other countries. Housing is mainly rented through open online platforms, allowing transparency of the level of rents and the collection of historical data on its evolution. This creates predictability for international investors on the development prospects of the entire portfolio. The Finnish residential real estate market also needs foreign investment to ensure a sufficient level of rental housing production to avoid a shortage in the future, says Kim SÃ¤rs, commercial director of residential real estate at Trevian.
For more information please contact:
Commercial Director, Residential Real Estate
Trevian Asset Management
+3538 40 501 9981
Trevian Asset Management is a Finnish investment and asset management company specializing in commercial and residential properties. The company was established in 2012 and is owned by its key personnel. The company produces actively managed real estate equity funds and optimized asset management services for its clients. The services are aimed in particular at institutional real estate investors, banks and other professional investors. Assets under management of Trevian close to â¬ 1.0bn. For more information, please visit www.trevian.fi/fr/.
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