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Mandatum, Morgan Stanley Real Estate Launch Residential Property JV in Finland

MT Newswires·12/18/2025 10:39:20
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10:39 AM EST, 12/18/2025 (MT Newswires) -- Mandatum (MANTA.HE) said Thursday it formed a partnership with Morgan Stanley Real Estate for investments in the residential real estate sector of Finland. The joint venture has a seed portfolio of seven properties in Helsinki, Espoo and Vantaa, four of which were sold by the Finnish financial services group. About 26 million euros of the 70 million-euro portfolio were Mandatum properties. The partnership is expected to target further acquisitions in the Finnish capital's metropolitan area.