Stockholm-based private real estate firm Alma Property Partners has expanded its Nordics reach into Finland by hiring Robert Landtman as partner and opening an office in the country.
Landtman, who will head up the Finnish office, has 15 years of real estate and investment experience. He joins from Finnish real estate investment management firm eQ Asset Management, where he was responsible for the firm’s €450 million property fund.
Between 2010 and 2014, Landtman worked with current Alma chief investment officer and partner Simon de Château at Stockholm-based property firm Sveafastigheter, where he was part of the Finnish investment team. Before that, he worked in London and Helsinki within the private equity real estate sector.
“We believe that there are a number of attractive real estate investment opportunities in Finland and it was clear when we founded Alma that Finland would be an important part of our investment strategy,” said de Château. “We have already completed one transaction in Finland and with the hiring of Robert Landtman we will be able to increase our local presence in one of our core markets.”
“There is ample room in the Finnish real estate market for a nimble and flexible real estate investor such as Alma,” said Landtman. “The team has shown its ability to complete good investments in the current market and I look forward to continuing on the same track and creating additional value for Alma’s investors.”
Alma was founded in 2014 by de Château, who also co-founded Sveafastigheter, Christofer Lundquist, the former head of real estate at Nordics property firm Hemso, and Sloan Wobbeking, the former director of business development and investor relations at Swedish private real estate firm Niam.
The firm is currently raising capital for its pan-Nordic opportunistic real estate fund, Alma Property Partners I, and in March made its first Finnish purchase on behalf of the fund, the 320,000 square foot Ideapark Oulu shopping center.