A newly-established affiliate of the Finnish real estate investment manager Sirius Capital Partners has signed an agreement to acquire two residential buildings in Espoo and Turku, comprising a total of 137 apartments. The seller is Bonava, a large Nordic construction company. The assets are acquired pre-construction at a pre-determined price and will be completed in 2022 and 2023.
“We have been analysing the Finnish residential sector for some time and find it interesting for a portfolio build-up strategy. To this end, we have recently made some new key hires and are now very happy to have entered this sector with a sizeable acquisition from Bonava”, says Patrick Gylling, CEO of Sirius Capital Partners.
Patrick Gylling, Partner and CEO, +358 40 542 6397, firstname.lastname@example.org