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Global asset manager acquires 141-unit portfolio in Helsinki

30/05/2024, 06:14
Global asset manager acquires 141-unit portfolio in Helsinki
Kuva: Trevian
Dan Görgü Dan Görgü
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Trevian Asset Management acted as Nuveen’s advisor on the transaction and will continue as the portfolio’s asset manager. This investment is part of Nuveen’s diversified pan-European Value Add strategy aimed at meeting growing demand for high-quality, affordable rental housing in the capital area.

The properties will be built to high sustainability standards utilizing wood construction and targeting an A energy rating. The locations offer residents valued proximity to nature while still providing good access to services and transportation links.

“We’re thrilled with the results of our collaboration with Nuveen – it’s been a pleasure supporting them on their first residential investment in Finland. The supply-demand imbalance and increasing appetite for quality rental housing make the family housing segment particularly attractive from an investment perspective. We’re very excited about the opportunities this partnership brings for both Nuveen and Trevian,” said Kim Särs, Trevian’s Head of Investment.

The acquisition marks Nuveen’s entry into Finland’s residential market as it expands its pan-European real estate investment activities focused on sustainable urban living solutions.

The translation was written by an AI system, though the original text was authored by a human.

#nuveen #trevian