Evli's new fund aims for EUR 300m portfolio

Finland's net rental yield is at an attractive level even by international standards, and international investors have noticed this over the past five years, says Tero Tuominen, who heads the Evli Residential II fund.

Tero Tuominen, Managing Director Head of Alternative Funds at Evli Fund Management Company. | Photo: Evli Fund Management PR.

Finland's Evli Fund Management has launched new residential development fund investing in apartments in the capital region, growth centers such as Tampere and Turku, as well as in selected peripheral municipalities.

The new fund, which is aimed at professional investors, aims to develop a leased housing portfolio of more than EUR 300m, says Tero Tuominen, managing director and head of alternative funds at Evli Fund Management Company, who heads the new Evli Residential II fund.

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