LocalTapiola divests prime residential portfolio

Avance advises Tapiola KR IV Ky, a fund managed by LocalTapiola Real Estate Ltd, in the divestment of three prime residential properties located in Tapiola and Lauttasaari in the Helsinki Metropolitan Area to AXA IM – Real Assets, acting on behalf of its clients. The properties encompass a total of 89 apartments and a lettable area of approximately 5,632 sqm.