PRESS RELEASE 9.12.2021
Avant continues to manage Ideapark Oulu
Avant Capital Partners (“Avant”) has entered into agreement with UB Nordic Property Fund (AIF) (“UB”) regarding asset management services in Ideapark Oulu Shopping Center (“Ideapark”). Avant has been playing a key role in developing the asset into a leading shopping center in Northern Finland. During Avant’s tenure, approximately 30,000 sqm of new or renewed leases have been signed, many new and attractive brand stores have been introduced and the customer experience has been further optimized with e.g. health care services, package service points and new restaurants & cafés.
“I am excited that we were trusted by the new owner UB and can continue the work at Ideapark, following a series of active asset management measures during our tenure with the previous owners. Ideapark has an attractive retail location, and its past development has been impressive. Avant will continue the active letting work to further increase the attractiveness of Ideapark” comments Kai Budiansky, Asset Management Director, Partner, at Avant Capital Partners.