Established in October 2016, the Taaleri Rental Home Fund diversifies and improves the supply of reasonably-priced housing in Finland’s growth centres. The fund is a balancing alternative to rental apartment actors operating at market terms. The rents for the apartments owned by the fund are in line with the level of rents for supported housing in the respective regions.
The fund provides many Finnish non-profit institutions with a convenient way to invest their assets with a moderate risk and return while promoting the solutions to socially important issues. Taaleri’s housing fund expertise is combined with the investors’ capital to form a sufficiently large resource for introducing a real solution to the housing shortage in growth centres.
The need for reasonably-priced housing is a long-standing topic in social debate. Expensive housing makes moving to a new locality more difficult, thus weakening the supply of labour in areas where jobs are available. The regional imbalance between supply and demand increases the housing prices and rents. The Taaleri fund challenges construction companies to build inexpensive homes and the towns to provide building plots at reasonable prices.
The fund is open for new investments.