Icecapital has acquired 34 apartments in various locations in Finland from construction group Lemminkäinen.

Icecapital has acquired 34 apartments in various locations in Finland from construction group Lemminkäinen.

The apartments bought by Icecapital vehicle Asunto 2012 are located in five separate housing co-operatives in Espoo, Lahti, Tampere and Vantaa. The parties have agreed not to disclose the purchase price.

'The transaction is a continuation of our successful cooperation with Icecapital, already spanning several years,' commented Casimir Lindholm, executive vice president at Lemminkäinen.

In December 2012, Lemminkäinen signed contracts of sale for two residential housing corporations with Icecapital Housing Fund III.