Catella Finland facilitated the sale of a strategically located residential property in Hervanta, Tampere, comprising 64 apartments, to Sijoitusasunnot.com Group Oy.
Target Information
The target of this transaction is a residential property situated in Hervanta, a district of Tampere, Finland. This property features 64 apartments, strategically located near a tram stop and in close proximity to the Hervanta campus of Tampere University, which is only 500 meters away. This location is an attractive option for students and young professionals due to its accessibility to both transport and educational facilities.
Industry Overview in Finland
The Finnish real estate market has been experiencing steady growth, primarily driven by urbanization and an increasing demand for residential rentals. In particular, cities such as Tampere are seeing a spike in population, leading to a heightened need for quality housing solutions. The residential rental sector has emerged as a robust area for investment as it is less susceptible to economic fluctuations compared to commercial real estate.
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Furthermore, the Finnish government has consistently supported housing development through various initiatives aimed at improving urban living conditions and accessibil
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