Cobbleyard

What Cobbleyard does

Cobbleyard Real Estate Oy is a Helsinki-headquartered, private real estate investment and asset management firm founded in 2016, operating across Finland and Sweden. The company partners with capital sponsors and institutional investors to source, acquire, actively manage, and exit commercial real estate assets, with a managed portfolio of approximately 140,000+ square meters spanning office, mixed-use, last-mile logistics, and community properties concentrated in the Helsinki metropolitan area and Tampere region. Its service offering covers the full investment lifecycle: investment advisory and acquisition execution, active asset management (leasing, repositioning, NOI optimization), technical and property management, and development project management across value-add, core+, and opportunistic strategies. There is no proprietary technology platform; operations rely on a small senior team (fewer than 10 people) with prior experience at Newsec, Colliers, Bo LKV, Realia Management, and Aberdeen, and on direct B2B relationships with capital providers and occupiers.

The business model combines three revenue streams: recurring asset management fees for ongoing property and technical management mandates, transaction-based investment advisory fees for acquisition and disposition execution, and co-investment participation in value-add returns through JV structures with capital sponsors. Cobbleyard does not publicly disclose pricing; fees are negotiated deal-by-deal. Documented execution outcomes include increasing NOI by approximately 50% and occupancy from 80% to near 100% at Aleksi 15, fully letting Konelabra within 16 months of acquisition, leasing over 10,000 sqm and converting the majority of space to modern loft offices at Leipätehdas prior to its 2021 sale to NREP, and executing the K9 business plan ahead of schedule through asset splitting. Current and exited mandates together form the firm's track record underpinning new investor relationships.

Go-to-market is relationship-driven and senior-led: distribution is via direct enterprise engagement with capital sponsors and institutional investors rather than channel partners or digital funnels, and marketing is limited to a LinkedIn presence and the corporate website. Named institutional and tenant counterparties include Accenture (main tenant at Porkkalankatu 5), Valio Aimo (logistics tenant), Revcap (Duetto Park acquisition advised by Cobbleyard), Alma Property Partners (Apollo JV partner), and NREP (Leipätehdas acquirer). The firm is registered as a private limited company in Finland, has no disclosed funding rounds, no parent company, and no public listing.

Name

Cobbleyard

Legal name

Cobbleyard Real Estate Oy

Website

https://cobbleyard.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Cobbleyard Real Estate is a Helsinki-based private real estate investment and asset management firm founded in 2016, serving capital sponsors and institutional investors in Finland and Sweden. It manages approximately 140,000+ sqm of office, mixed-use, logistics, and community properties across value-add, core+, and opportunistic strategies, delivering acquisition, asset management, and technical management services.

Ownership category

akta.pro rank

Product category

Real Estate Asset Management

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Investment Sales Brokerage (BPAJABAI)

akta.pro secondary industry

Real Estate Advisory & Consulting (Strategy, Portfolio & Location) (FSAEAJAH)

Keywords

• Real estate investment
• Asset management
• Property management
• Commercial real estate
• Value-add investing

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Asset Management Fees: Cobbleyard earns fees for managing real estate assets on behalf of capital sponsors and investors, including property management, leasing, and technical management services.
2. Investment Advisory Services: The company advises institutional investors and capital sponsors on property acquisitions and divestitures, earning advisory fees for transaction execution and due diligence.
3. Value-Add Investment Returns: Through co-investment in value-add and opportunistic strategies, Cobbleyard participates in returns generated from property renovations, repositioning, and strategic exits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Cobbleyard is a Nordic real estate investment and asset management firm that collaborates with capital sponsors and institutional investors to acquire, manage, and develop commercial real estate across Finland and Sweden. The firm delivers a full-cycle service offering spanning investment advisory, asset management, technical and property management, and property development and leasing. Its portfolio spans office, mixed-use, logistics, and community properties concentrated in the Helsinki metropolitan area and the Tampere region.

Product overview

Cobbleyard is a Nordic real estate investment and asset management firm operating as a unified service offering rather than a platform-plus-modules architecture. The company provides integrated services spanning investment management, asset management, technical and property management, and property development and leasing. Cobbleyard manages a portfolio of commercial real estate assets across Finland and Sweden, including office properties, mixed-use developments, last-mile logistics facilities, and community properties. The service offering centers on value creation through active asset management, with services including acquisition advisory, renovation project management, tenant leasing, and property optimization. Assets span multiple investment strategies (value-add, opportunistic, core+) and include both currently managed properties and successfully exited investments demonstrating the firm's execution track record.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Investment Services Investment management and advisory services for capital sponsors and institutional investors, covering acquisition sourcing, financing, due diligence, and portfolio strategy for real estate assets in Finland and Sweden.
• Asset Management Active asset management services for commercial and mixed-use properties, covering value-add strategies, occupancy optimization, NOI enhancement, and execution of business plans through to exit.
• Technical and Property Management Technical management, property maintenance, and operational oversight of real estate assets, including energy and environmental efficiency improvements.
• Property Development and Leasing Property development advisory and leasing services, including tenant sourcing, space optimization, and renovation project management for office, retail, and mixed-use assets.

Quantifiable outcome

• Increased NOI by almost 50% through active asset management at Aleksi 15
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Alma Property PartnerscoreStrategic or Co-development PartnerCobbleyard acquired Apollo House at Eteläesplanadi 10 in partnership with Alma Property Partners. The historical office building will be renovated and repositioned for new office tenants.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Newsec: Pan-Nordic real estate advisor and asset manager offering investment advisory, asset management, and property management across commercial real estate. Multiple Cobbleyard team members previously worked at Newsec, and both firms compete for Nordic institutional mandates in adjacent service lines.
• Revcap: Nordic real estate investment firm focused on opportunistic and value-add strategies, primarily Swedish and Finnish assets. Direct comparable in transaction profile and geography, and a documented client relationship (Cobbleyard advised Revcap on the Duetto Park acquisition).
• Catella: Nordic-headquartered real estate investment advisor and asset manager with operations across Sweden, Finland, and broader Europe. Comparable in providing investment advisory and asset management to institutional clients in Nordic commercial real estate markets.
• Alma Property Partners: Nordic real estate investment manager focused on value-add and opportunistic strategies. Direct peer as a Nordic CRE investment and asset manager, and also an active partner of Cobbleyard on the Apollo acquisition, illustrating the overlap between operator and JV partner roles.
• Brunswick Real Estate: Nordic-focused real estate investment and asset management firm advising institutional capital on transactions and ongoing asset management in the Nordics. Comparable in target clients (institutional LPs and capital sponsors) and in Nordic CRE value-add strategies.

Broad incumbents

• NREP: Large Nordic real estate fund manager with deep capital base and broad strategy coverage across asset classes. Comparable as a Nordic institutional real estate investor/asset manager and a counterparty relationship for Cobbleyard (acquired Leipätehdas from Cobbleyard in 2021).
• Colliers International: Global commercial real estate services firm with strong Nordic presence providing investment sales, leasing, valuation, and asset management. Overlaps with Cobbleyard in advisory and asset management mandates in Helsinki and Stockholm, and is a former employer of Cobbleyard team members.
• Savills Nordic: Global real estate advisor with established Nordic operations offering investment advisory, valuation, and asset management. Overlaps with Cobbleyard in institutional advisory mandates and Helsinki/Stockholm commercial real estate coverage.

Regional players

• Sveafastigheter: Swedish-headquartered real estate investment manager focused on Nordic value-add and opportunistic strategies. Comparable in Nordic CRE value-add investment management and overlapping in Swedish market ambitions relevant to Cobbleyard's stated Sweden expansion.
• Realia Management: Finnish real estate property and asset management firm providing technical and property management services. Comparable in Finnish property/asset management services, and a former employer of a Cobbleyard team member (Jussi Loppinen).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cobbleyard-real-estate

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cobbleyard