Round Hill Capital has bought its first residential portfolio in Finland and expects to pursue further acquisitions in the market.
The European specialist real estate investor said funds advised by Round Hill have acquired the residential portfolio of 106 properties from an affiliate of Avant Capital Partners.
No financial details were disclosed.
The assets, which is made up of 3,263 units, are located across the south of Finland as well as the Helsinki Metropolitan area.
Michael Bickford, the 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.”