PRESS RELEASE 31.05.2018
AVANT CAPITAL PARTNERS DIVESTS ITS FINNISH RESIDENTIAL PLATFORM
Avant Capital Partners, together with its US based investment partner, has today divested its residential platform to Round Hill Capital, a leading European specialist real estate investment and asset management firm. The portfolio consists of 3.263 residential units across 106 assets in Finnish growth cities, and it has a strong in-house organization.
“After investing significant time and effort in developing the residential platform to this point through multiple acquisitions, key hires, management setup and operational improvement measures, we’re delighted to see the portfolio to enter into next phase with the new owner”, comments Lorenz Merk, partner at Avant.
Avant was advised by Paul Hastings LLP, Krogerus Attorneys and PwC.