Borenius advised Taaleri Real Estate as it established a joint venture investing in build-to-rent residential real estate

We advised Taaleri Real Estate as it and Keva established a joint venture, with the aim of investing EUR 300 million in build-to-rent residential development projects in centrally located Finnish growth centres. Taaleri Real Estate will be responsible for project acquisitions, development, and portfolio management. In addition to the potential investments already identified, it is actively seeking multifamily development projects in the target area. Taaleri believes that the concentration of population in growth centres will continue to drive demand for high-quality rental housing.

Taaleri Real Estate is a Nordic real estate investor currently managing a real estate portfolio of approximately EUR 700 million through funds and separately managed accounts.

Keva is the largest pension insurer in Finland, administering the pensions of 1.3 million public sector employees and pensioners. Its real estate portfolio comprises direct investments in real estate in Finland and the Nordic region, and investments in Finnish and foreign real estate funds.