Areim acquires Finnish office portfolio

Areim acquires Finnish office portfolio

European Property Investors Special Opportunities IV (EPISO 4), an opportunity Fund advised by Tristan Capital Partners, and Varma Mutual Pension Insurance Company have sold a portfolio of eight office assets to Areim Fund III. The purchase price was not disclosed.


The portfolio comprises of 60,000m² of lettable space located mainly in the wider Helsinki Metropolitan Area. Tristan acquired the assets together with Finnish-based Avant Capital as part of a larger 12-asset portfolio in 2016. Three assets were sold in 2017 and an additional property in March 2018.


Jean-Philippe Blangy, Managing Director, Head of Asset Management at Tristan Capital Partners, said: “The Areim transaction marks the successful disposition of the entire portfolio, following a programme of active asset management. Together with our partner Avant Capital Partners we secured lettings of 23,500m², improving the overall institutional quality of the properties to meet the dynamics of the strengthening Finnish office market.”


Tristan’s Fund was advised by Krogerus and PWC.

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