Avance advises a newly-established affiliate of the Finnish real estate investment manager Sirius Capital Partners in the arrangement to acquire a portfolio of 13 residential buildings, comprising more than 700 apartments in Finland. The seller is YIT, the largest construction company in Finland. The assets are acquired pre-construction at a pre-determined price and will be completed in 2022 and 2023. The total purchase price is approximately EUR 170 million.
Sirius acquires EUR 170 million residential portfolio from YIT
HIGHLIGHT20 July 2021