Le mie ricette per la real estate communityPATRIZIA AG has acquired a portfolio of multifamily residential properties in Helsinki, Finland, from Taaleri, the Nordic investment and asset manager, for c. EUR 145 million, on behalf of its institutional clients.
The high quality, income producing portfolio comprises 461 apartments across nine properties, with a total lettable area of c. 25,000 sq m. Eight of the properties were constructed between 2014 and 2017, while the other asset was built in 1969 and was fully renovated in 2015.
The entire portfolio is located within the Greater Helsinki region and all properties benefit from excellent public transport links that provide access to the city centre.
Source : Company