Tristan’s long-life fund adds first finnish assets for €34 million

3 September 2018, London: CCP 5, a long-life core-plus fund advised by pan-European investment manager Tristan Capital Partners, has acquired two interconnected modern office buildings in Aviapolis, next to Helsinki Airport for around €34 million. The properties are the first Finnish assets in the Fund.

Anne-Jan Jager, Director at Tristan Capital Partners, said: “The Finnish economy has been experiencing a late recovery cycle since 2016. Strong economic growth is being supported by inward international investment and domestic and foreign migration, particularly into the Helsinki region. We believe that these positive macro developments will continue to increase office tenant demand and rents for
modern, high quality office space.”

Aviapolis is an established business area within the Vantaa district surrounding Helsinki Airport and
located in the country’s prime logistic area. The offices, Plaza Pilke and Plaza Hehku are 95% leased and will provide the Fund a strong diversified tenant profile and income.

Risto Vuorenrinne, Investment Director at Trevian Asset Management, said: “The Aviapolis area has become an even more important and attractive office location in Finland, with residential, hotel, retail, office and logistics developments leading to increase in office demand. Both properties are almost fully leased, and their tenants represent both Finnish and international companies, for whom the proximity of transport connections is very important. We are excited to start this collaboration with Tristan as a highly respected partner.”

Tristan Capital and Trevian were advised by Borenius Attorneys.

For further information, please contact:

Olivia Griffiths Tristan Capital Partners +44 (0) 20 3463 8905 ogriffiths@tristancap.com
Steve Hays Bellier Financial +31 (0) 20 419 09 01 steve.hays@bellierfinancial.com
Risto Vuorenrinne Trevian Asset Management Oy +358 50 313 9350 risto vuorenrinne@trevian.fi

About Tristan Capital Partners
Tristan Capital Partners is an employee-controlled investment management boutique specialising in real estate investment strategies across the UK and Continental Europe. Tristan’s pan-European real estate funds include core-plus and value-added/opportunistic strategies with total assets under management of over €10 billion. Tristan is the portfolio manager for core plus funds Curzon Capital Partners III, Curzon Capital Partners IV, Curzon Capital Partners 5 LL and for the private equity funds European Property Investors, LP, European Property Investors Special Opportunities, LP, European Property Investors Special Opportunities 3, LP and European Property Investors Special Opportunities 4 LP. Tristan’s headquarters are in London and it has offices in Luxembourg, Milan, Paris, Stockholm, Frankfurt, Madrid and Warsaw. Please visit www.tristancap.com

About Trevian Asset Management
Trevian Asset Management Oy is a Finnish investment and asset management company specializing in commercial properties. The company was established in 2012 and is owned by its key personnel. The company produces actively managed real estate equity funds and asset management services optimized for its customers. The services are focused especially for institutional real estate investors, banks and other professional investors. Trevian’s assets under management near 1.0B€. www.trevian.fi