Taaleri completed acquisition of a residential property in Turku for Aktia Residential Fund+

TAALERI REAL ESTATE         PRESS RELEASE         1 AUGUST 2022 AT 9:00 (EEST)

Taaleri completed acquisition of a residential property in Turku for Aktia Residential Fund+

Aktia Residential Fund+, a special investment fund managed by Taaleri, has purchased 126 rental apartments in the heart of Turku in a transaction completed on July 29, 2022.

The property in is a so-called conversion project where an office building has been converted into a residential building. 126 new rental apartments were built in Yliopistonkatu 34 in the city center. The leasable area of ​​the property is about 3,200 square meters. The project has now been completed and the ownership has been transferred to the Aktia Residential Fund+. The seller was AKR Tuotto Ky, which is managed by Auratum Real Estate Ltd.

“The property was completed according to plan and schedule which allowed us to acquire a significant property for the fund in the heart of a city center. We are thus strongly continuing with implementing the fund’s strategy with well-located properties in growing cities. The implemented conversion ofthe property and its technical solutions support the fund’s environmental and energy efficiency targets,” says Salla Kalliola from Taaleri Real Estate, the fund's portfolio manager.

The special investment fund Aktia Residential Fund+ is an open-end fund that invests in rental housing, residential plots and public real estate in Finland. The fund's portfolio management has been outsourced to Taaleri, where a 14-person team of experts manages the fund. The fund's designated portfolio managers are Jukka Sjösten and Salla Kalliola.

For further information, please contact:
Salla Kalliola, portfolio manager, Taaleri Real Estate, +358 40 733 1391, salla.kalliola@taaleri.com

Taaleri in brief

Taaleri is a Nordic investment and asset manager with an emphasis on renewable energy and other alternative investments. We channel capital towards economically profitable undertakings that have a lasting positive impact on the environment and society. We are a signatory of the UN Principles for Responsible Investment (UNPRI) since 2010, and we joined the Net Zero Asset Managers initiative in 2021. Taaleri’s vision is to be a Nordic forerunner in alternative investments focusing on sustainability.

Taaleri has two business segments: Private Asset Management and Strategic Investments. Private Asset Management consists of renewable energy, real estate and bioindustry businesses. The Strategic Investments segment includes Garantia Insurance Company Ltd.

Taaleri has EUR 2.3 bn of assets under management in its private equity funds and co-investments. The company has approximately 120 employees. Taaleri Plc is listed on Nasdaq Helsinki.

www.taaleri.com

Aktia Fund Management Company Ltd is the owner of Aktia Residential Fund+. You can find more information about the fund on www.aktia.fi.