Round Hill Capital has acquired a residential portfolio in Finland, comprising 3,263 units. The portfolio consists of 106 well-located properties across the south of Finland as well as the Helsinki Metropolitan area and was acquired from an affiliate of Avant Capital Partners. The deal marks Round Hill’s first transaction in Finland.
The purchase price has not been disclosed.
Commenting on the acquisition, Michael Bickford, founder and CEO of Round Hill Capital, said: “Round Hill has been evaluating the Finnish residential markets for several years and is pleased to make its first housing investment in Finland. We look forward to actively managing and repositioning the portfolio while introducing a quality tenant experience that we focus on in other markets. We continue to look for further acquisitions in the Finnish market with similar value characteristics. We believe that select areas of the Finnish residential market benefit from favorable macro/micro-economic trends, attractive yields and strong rental growth, with increasing urbanization helping to support the demand fundamentals. Taken together with our proven investment and operating expertise, we look forward to building a substantial residential
