Established in October 2016, the Taaleri Rental Home Fund provides relief to the lack of housing in growth centres. It also diversifies and improves the supply of reasonably priced housing in Finland’s growing urban centres.

The rental home fund is a counterbalance and alternative to rental apartment providers operating on market conditions. The rents for the apartments owned by the fund are typically in line with the level of rents for supported housing in the respective regions.

The fund provides many Finnish non-profit institutions with a natural way to invest their assets with moderate risk and return while promoting a solution to important social issues. Taaleri’s housing fund expertise is combined with investors’ capital to form a sufficiently large resource and offer a real solution to the housing shortage experienced in many growing urban centres.

The need for reasonably priced housing is a long-standing topic of social debate. Expensive housing makes moving to a new locality more difficult, thus weakening the supply of labour in areas where jobs are available, among other things. The regional imbalance between supply and demand increases both house prices and rents. This Taaleri fund challenges construction companies to build inexpensive homes, and town councils to provide building plots at reasonable prices.

The rental home fund has accumulated capital of approximately €30 million from seven different investors and, together with loan financing, investment capacity is about €120 million. The fund’s investment activity began in late 2017 and, in July 2018, it accepted its first completed site in Oulu. The fund’s portfolio presently comprises two finished sites and four under construction.

The fund is still open to new investments.

Portfolio Managers

Jan Hellman

Jan Hellman

Investment Manager
Taaleri Private Equity Funds Ltd
Helsinki
+358 44 544 4445
Jouni Alho

Jouni Alho

Head of Real Estate Funds, Finland
Taaleri Private Equity Funds Ltd
Helsinki
+358 50 305 4104