Hoivarakentajat and Nordiqus agree on a portfolio sale worth over €12 million

Hoivarakentajat and Nordiqus have agreed on the sale of three new school and daycare properties. The total value of the properties is €12.25 million. The sale of two educational assets, which were completed in 2023 and 2024, is scheduled to take place in November 2025. The sale of the third daycare property, which is currently under construction, will take place upon its completion in August 2026.

The assets involved in the transaction are the Kuopio Christian Daycare Center and School, completed in 2023; the Pilke Nature Daycare Center Taikakumpu, operating in a property leased by the City of Haapavesi, completed in 2024; and the Sunshine Early Learning Centre, an English-language daycare center under construction in Tampere. All properties are built from Finnish logs and have an average lease term of approximately 19.5 years.

– I am excited to continue growing our Finnish portfolio. Establishing collaborations with developers like Hoivarakentajat is meaningful for Nordiqus. Furthermore, adding the new operators’ Christian school, City of Haapavesi and Sunshine Early Learning Centre to our portfolio, creates a lot of value. I have been pleased to get to know our new customers already and look forward to the co-operation also in the future, says Sini Vuoristo, Nordiqus Head of Region Finland.

– For Hoivarakentajat, this deal is a significant step forward in many ways, and we thank Nordiqus for their excellent cooperation. The partnership reinforces our belief that there is strong demand for carefully constructed, sustainable log buildings for public use, both among users and real estate investors who value responsibility, says Lauri Rantanen, Finance Director of Hoivarakentajat.

The properties to be transferred to Nordiqus are located in micro-locations with stable demand for modern, high-quality schools and daycare centers. The three log buildings have a total floor area of approximately 3,600 m2 and are used by nearly 500 schoolchildren and children, along with their teachers and early childhood educators. All properties have been built to high sustainability standards and have an EPC rating of A and environmental certification (LEED Silver or BREEAM In-Use Very Good).
 

Further information:

Lauri Rantanen, Finance Director, Hoivarakentajat Oy

+358 44 565 5478
lauri.rantanen@hoivarakentajat.fi