Korona Invest has acquired a majority stake in Asuntopehtoori, enhancing the company's growth prospects in the property management sector.

Target Company Overview

Asuntopehtoori, founded in 2018, is a Finnish company that specializes in providing a comprehensive range of services to owners of residential and commercial properties. The core business offerings include property management for rental apartments and commercial spaces, leasing and sales brokerage, as well as property management services for housing associations. The company's client base consists of individuals, professional investors, family investment companies, construction firms, funds, and various institutional players. Reliability, efficiency, and a customer-centric service approach are the cornerstones of Asuntopehtoori's success. Currently, the company employs approximately 90 professionals and operates offices in Tampere, Helsinki, Turku, Oulu, Jyväskylä, Kuopio, Lahti, Pori, and Fuengirola, Spain.

Industry Overview in Finland

The property management industry in Finland has witnessed steady growth, driven by a rising demand for rental properties and an increasing number of property investors. With urbanization and a growing population, particularly in metropolitan areas, the need for efficient property management services has become more pressing. This shift presents opportunities for both established players and new entrants in the market.

Additionally, the investment landscape in Finland is evolving, with local capital seeking avenues in real estate due to its perceived stability and potential for returns. The Finnish