REFERENCES
Some accounts we manage
We have executed transactions in excess of EUR 1.5 billion together with blue-chip investment partners:
Office III (Colony)
Avant co-manages together with Swedish Altaal a company which invests in modern office assets in the Helsinki Metropolitan Area. The intention is to create a hybrid network of modern office assets that are environmentally sustainable, have a high degree of design and a wide service offering tailored to meet the needs of the future. Today, the portfolio consists of five assets in established office hubs across the Helsinki Metropolitan Area, totalling to about 120 000 square meters. The largest tenants include CGI, Ramboll, Bayer, Asuntosäätiö, S Group, Finnair, Veho, Rejlers, DHL and Sustera. The target size of the platform is in excess EUR 1 billion in GAV.
The intention is to create a hybrid network of modern office assets.
5
assets
120 000
sqm lettable area
1
target size billion €
Residential II
Avant manages a residential platform owned by KKR’s European Real Estate Core Plus strategy, which invests in multi-family residential assets in the Finnish growth centers. The intention is to create a portfolio of modern, well-located residential assets with particular emphasis on sustainability and occupier services. Today, the portfolio consists of 30 high-quality assets in growing cities, totalling to over 1 200 residential units. The platform is actively looking for add-on investments.
The platform is actively looking for add-on investments.
30
assets
1 200 +
residential units
+98%
occupancy rate
Office II (Vallila Campus)
On behalf of a Finnish-South Korean consortium Avant manages a sizable office property, located in Vallila, Helsinki, having a total leasable area of 74 150 square meters and accommodating approximately 6 000 people. The tenants are OP Cooperative and Senate Properties (Finnish Tax Administration). The value of the property at acquisition was EUR 480 million, making it the largest ever single-asset office transaction in the Finnish real estate market.
The largest ever single-asset office transaction in the Finnish real estate market.
1
assets
74 000
sqm lettable area
6 000
accommodates people
Retail I (Ideapark)
Avant continues to manage a well-performing and well-known shopping center Ideapark in Oulu, Finland For UB Nordic Property fund, after initially owning the asset with a Swedish PE firm in 2016-21. The asset has approx. 24 000 sqm lettable area. Majority of the leases have been re-geared and the operational efficiency has been improved.
A well-performing and well-known shopping center Ideapark in Oulu, Finland
1
assets
24 000
sqm lettable area
100%
occupancy rate
Office I
Avant Capital Partners managed a 15 asset office portfolio mainly in the Helsinki Metropolitan Area with approx. 124 000 sqm lettable area in a JV with Avant Capital Partners, a UK based investment management firm and a Finnish pension company. Post-acquisition we executed number of major lettings, early divestments and improved the income and overall portfolio performance substantially. The portfolio was successfully divested after 18 months hold period.
We executed number of major lettings, early divestments and improved the income and overall portfolio performance substantially.
15
assets
124 000
sqm lettable area
18
months hold period before divested
Residential I
Avant Capital Partners managed a residential portfolio of 3 200+ apartments across 106 assets in Finnish growth cities acquired through multiple acquisitions – both market and off-market – together by Avant Capital Partners and a US based investor. We applied various measures to improve operational performance and hired a strong in-house team in the platform. The platform was successfully divested after on average 18 months hold period.
We applied various measures to improve operational performance and hired a strong in-house team in the platform.
106
assets
3 200 +
residential units
18
months hold period before divested