The acquired properties have undergone significant renovations and have a high in-place occupancy rate, reflecting strong market demand. With strong rental fundamentals and micro location, this investment offers a compelling opportunity for long-term value creation through active asset management and strategic ESG upgrades.

"We are pleased to expand our portfolio with this high-quality residential acquisition. Strong rental market fundamentals and attractive micro locations make this a compelling investment with upside potential," says Henrik Schmidt, Founding Partner Altaal.

Bolivo is financed by Swedish foundations and private capital coupled with leading Nordic banks, underscoring institutional confidence in Bolivo’s investment approach, which includes:

- ESG-driven enhancements to improve energy efficiency and sustainability

- Structured apartment leasing framework, capturing high demand for quality housing in Espoo

- Strategic partnership with Avant Capital Partners to execute the asset management strategy effectively

This acquisition reinforces Bolivo’s commitment to sustainable residential investments in key Nordic markets. The company continues to seek selective expansion opportunities, particularly in prime Nordic micro-locations.