Highlight 25 May 2023

Krogerus advises KKR on its acquisition of residential portfolio

Krogerus advised KKR, a leading global investment firm, on its acquisition of a high-quality portfolio of thirty residential properties from Kruunuasunnot. The portfolio comprises over 1,200 residential units with two thirds of the portfolio located in Helsinki, Turku and Tampere.

This transaction is KKR’s first in the Nordic region through its European Core Plus Real Estate strategy, which invests in high-quality, substantially stabilised assets with medium-term value growth potential. Avant Capital Partners, a Finnish boutique real estate investor and asset manager, will manage the portfolio providing local market expertise and asset management capabilities.

The Krogerus team was led by Partner Marcus Möller together with Counsel Kalle Hakkarainen and they were primarily assisted by Counsel Piia Sinisalo and Associates Eveliina Heiskanen, Kaius Niskakangas and Julius Viherkenttä. Partner Päivi Toivari advised on financing matters and she was assisted by Senior Associate Jenna Kiiskinen and Associates Essi Granholm and Risto Mynttinen. Partner Simo Autio advised on merger filing matters and he was assisted by Senior Associate Laura Anttinen and Associate Oskar Kaskela.

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