Slättö has acquired two residential property portfolios in Finland with a combined value of approximately EUR 130 million. For one of the portfolios, Slättö is entering into a strategic partnership with Finnish residential specialist Premico.
The portfolio consists of a total of 544 apartments located in the Helsinki metropolitan area and in Tampere, Finland’s largest and most dynamic residential markets. Premico will act as the portfolio’s asset manager and has co-invested alongside Slättö and its co-investors. The company is responsible for the overall management of the portfolio as well as the practical execution of the business plan, covering rental operations, property development and value creation. Premico also served as Slättö’s advisor during the acquisition process.
Slättö is a Nordic real estate investor that has significantly expanded its activities in Finland in recent years. The collaboration with Premico strengthens Slättö’s presence in the Finnish market and ensures local expertise in managing the portfolio.
“The number of residential investment specialists in Finland is relatively small; this opportunity and the partnership with Slättö highlight Premico’s deep knowledge of residential investment and the housing market. We are excited about this new private equity partnership with Slättö. The project demonstrates both Slättö’s and our ability to adapt to the current market conditions as well as our skill in identifying new opportunities,” says says Samuel Tuomola, CIO at Premico.
For further information, please contact:
Samuel Tuomola
CIO, Premico
+358 50 566 6111
samuel.tuomola@premico.fi