Smart Estate Fund 1 SCSP invests in a building in Helsinki

30th July 2019

Smart Estate Fund 1 SCSp (hereafter « Smart Estate ») grows its portfolio with a second investment in Helsinki (Finland).

The investment team joins forces with a finish local operator in order to capitalize on the regional real estate market.

The Edmond de Rothschild group and its subsidiary, OROX Asset Management SA, are glad to announce the second investment of Smart Estate Fund in Finland, achieved according to its innovative strategy, which addresses technological, demographic and environmental challenges of real estate in continental Europe. This property complements its first investment realized in March 2019 in an office building in Levallois-Perret (France).

The asset is located in the seaside district of Katajanokka, one of the most attractive residential district of Helsinki. After major renovation work, the property will be converted into a modern building matching new occupiers’ trends.

“We are pleased to enter into this investment. Helsinki is a target city focus for Smart Estate offering rental and capital value growth potential over the next five years in accordance with the Company’s proprietary machine learning model and manager conviction. The transformation of this asset will respond to the high urbanization trends ongoing in Helsinki”, indicates Caroline Demol, Investment Advisor of Smart Estate.

About Smart Estate
Smart Estate is a Luxembourg alternative non-regulated Fund. This Fund is open for commercialization and reserved for professional investors. Smart Estate primarily invests in real estate assets across continental Europe and presents particular risks including capital loss risks, real estate market risks and volatility in these markets, and the risk of loss, liquidity, risks of environmental liability or relating to the selection of Investment.

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