12 05 2016

LocalTapiola divests prime residential portfolio in the Helsinki Metropolitan Area

Avance has advised LocalTapiola Real Estate Asset Management Ltd in the divestment of an approximately EUR 80 million prime residential portfolio from the Tapiola KR IV Ky fund to Bayerische Versorgungskammer advised by Capman Real Estate.


The portfolio consists of seven assets located in the Helsinki Metropolitan Area and includes all in all 356 apartments with a total area of 18,781 sqm.

Avance advised LocalTapiola on the deal with a team led by partner Christoffer Charpentier (picture) alongside senior associate Björn Söderblom. Involved fees earner: Christoffer Charpentier - Avance; Björn Söderblom - Avance;

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