Oulu retail: We manage a well-performing and well-known shopping center in Oulu, Finland, acquired by Avant Capital Partners together with a Swedish PE firm. The asset has approx. 30.000sqm gross area. Majority of the leases have been re-geared and the operational efficiency has been improved.
Residential: Avant Asset Management 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.
Helsinki office: Avant Asset Management 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.
News & Announcements
PRESS RELEASE 31.1.2020
AVANT AND AIP ACQUIRE EUR 480M OFFICE IN HELSINKI WITH A SOUTH KOREAN-FINNISH CONSORTIUM
Avant Asset Management (Avant), together with AIP Asset Management (AIP), have lead a consortium which includes Varma Mutual Pension Insurance Company, NH Investment & Securities (NHIS) and Shinhan Investment Corp., to acquire OP Cooperative’s headquarters in Helsinki in a EUR 480 million sale and leaseback transaction.
PRESS RELEASE 8.5.2019
ANTONIA BACKELS JOINS AVANT ASSET MANAGEMENT AS FINANCE DIRECTOR
Antonia Backels has been appointed as Finance Director at Avant Asset Management as of 1 May 2019. Prior to joining Avant Asset Management Antonia served as Associate Director at Avant Capital Partners and later as Operational Manager at Olo Asunnot. Antonia has a strong experience in auditing, accounting and reporting. Before joining Avant Antonia served at KPMG Finland as auditor.
PRESS RELEASE 4.3.2019
SAMPSA RATIA JOINS AVANT ASSET MANAGEMENT AS MANAGING DIRECTOR
Sampsa Ratia has been appointed as Managing Director at Avant Asset Management, a subsidiary of Avant Capital Partners, as of 1 March 2019. Sampsa joins the position from LeaseGreen Group, where he has been responsible for the international operations of the company. He has previously also worked as the group CEO of the property management company Corbel and as the Head of Asset Management at Aberdeen Asset Management.