Key Points
- Audria Group has entered the UK real estate market through an investment in Tandem Property Asset Management, a UK property and asset management business.
- The transaction makes Tandem the fifth company to join Audria, alongside Newsec, Novier, Sveaviken and Avy.
- Tandem was founded in 2017 and is headquartered in London, with offices in Birmingham, Manchester, Leeds, Newcastle and Glasgow.
- Tandem has 108 professionals and is led by co-CEOs John Jones and Lisa Riva.
- Tandem provides asset management, property management, financial management, ESG and destination marketing services.
- Audria was established by Swedish investors Pejoni and Fidelio Capital as an international real estate services group.
- Audria’s existing businesses bring together more than 2,600 professionals across the Nordics and Baltics and manage real estate assets worth more than €100 billion.
- Audria CEO Björn Annwall said Tandem gives the group a local UK presence and a platform for further expansion.
- Tandem will continue operating under its own brand and management team following the transaction.
- The deal is intended to provide Tandem with access to international expertise, technology, resources and the wider capabilities of Audria.
- Debrett’s advised Tandem’s shareholders and management team on the transaction, while Knights provided legal advice and Dains provided tax advice.
- Eight Advisory and Osborne Clarke were engaged by Fidelio Capital for due diligence and transaction advice.
Audria Group’s investment in Tandem Property Asset Management marks its first entry into the UK market, giving the international real estate services group a London-headquartered platform from which to expand its UK operations. Tandem, founded in 2017 and now employing 108 professionals across six UK cities, will retain its brand and management team while becoming the fifth business within Audria’s growing European platform. The transaction combines Tandem’s established UK property expertise with Audria’s wider international resources, technology capabilities and access to a group managing more than €100 billion in real estate assets.
What has Audria Group acquired in the UK?
Audria Group has entered the UK market through an investment in Tandem Property Asset Management, a UK-based property and asset management business headquartered in London.
The transaction was reported by Insider Media under the headline “Audria Group enters UK market with deal for property and asset management firm”. The Insider Media page was not accessible for independent retrieval at the time of publication, so the article’s individual byline could not be independently verified. The underlying transaction details have, however, been cross-checked against statements from Tandem and Debrett’s.
Tandem’s own announcement, issued on 23 September 2026, described the transaction as Audria’s entry into the UK market. Debrett’s subsequently confirmed that it advised Tandem’s shareholders and management team on securing investment from Audria.
The deal places Tandem within Audria’s existing group of real estate businesses, extending the platform beyond its established operations in the Nordic and Baltic markets.
Who is Tandem Property Asset Management?
Tandem Property Asset Management was established in 2017 and has developed a nationwide UK presence in property and asset management.
According to Tandem and Debrett’s, the business is headquartered in London and operates from offices in Birmingham, Manchester, Leeds, Newcastle and Glasgow. The company has 108 professionals and is led by co-CEOs John Jones and Lisa Riva.
Tandem’s activities extend across several areas of real estate services. Its core offering includes asset management, property management, financial management, ESG services and destination marketing.
The company’s established client base includes M7 Real Estate, Martley Capital Group, Frarran, XLB, Cube RE and Eric Wright Group, according to Debrett’s announcement.
Tandem describes its approach as combining property expertise with a hands-on and entrepreneurial operating model. Its website also states that the company has invested in technology supporting service delivery, compliance and client reporting.
Why does the deal mark Audria’s UK market entry?
The transaction is significant for Audria because it establishes the group in the UK for the first time.
Björn Annwall, CEO of Audria, said the transaction represents a significant milestone in the group’s international development. According to the company announcement reported by Tandem and confirmed by Debrett’s, Annwall said Tandem provides Audria with a strong local presence and a platform for further growth in what he described as an important and dynamic real estate market.
Annwall also said that expanding into new markets forms an important part of Audria’s strategy. He highlighted the combination of local expertise and relationships with the opportunities available through a broader international group.
For Audria, the investment therefore does more than add another property services company. It provides an established UK operating base, existing customer relationships and a team with experience in the domestic property market.
The transaction also gives Audria an opportunity to develop relationships in the UK while facilitating knowledge-sharing and collaboration between its businesses across different markets, according to Annwall.
What companies are already part of Audria?
Tandem becomes the fifth company to join Audria.
The existing businesses are Newsec, Novier, Sveaviken and Avy, according to the company announcements.
Audria was established by Swedish investors Pejoni and Fidelio Capital. The group has been building an international real estate services platform around established businesses rather than operating them under a single unified consumer-facing brand.
Following Tandem’s addition, Audria’s businesses collectively bring together more than 2,600 professionals across the Nordics and Baltics, with real estate assets under management totalling more than €100 billion.
The figures provide context for the scale of the organisation Tandem is joining, although the €100 billion figure relates to the wider Audria group rather than Tandem itself.
How will Tandem operate after joining Audria?
Tandem is expected to continue operating under its existing brand and management team.
That means John Jones and Lisa Riva remain central to the leadership of the UK business, while Tandem retains its established identity and customer relationships.
The arrangement is designed to combine local operating independence with access to the wider resources of Audria.
Tandem said joining the group creates opportunities to develop its business further, invest in technology and innovation, and draw on the expertise and capabilities of the growing international organisation.
The company also said that the transaction would allow it to continue developing its UK offering while benefiting from Audria’s scale and resources.
What did John Jones say about the transaction?
John Jones, co-CEO of Tandem, welcomed the transaction and said the company was positive about its future within Audria.
Jones said Tandem had been built around its people, customers and entrepreneurial approach, and that he believed Audria shared the company’s long-term perspective. He also said becoming part of Audria creates new opportunities for Tandem to develop while retaining the characteristics that have supported its growth.
The comments indicate that Tandem’s existing management and operating model are expected to remain important following the investment.
Jones also acknowledged the role played by Debrett’s, specifically naming Clive Hatchard, Will Mason and Adam England, for their support during the transaction.
What did Lisa Riva say about joining Audria?
Lisa Riva, co-CEO of Tandem, said there was a strong fit between the two businesses in terms of their approach to the market and their ambitions for the future.
Riva said joining a growing European group would give Tandem access to new perspectives, expertise and capabilities while allowing the business to continue developing its UK operations and offering.
Her comments underline the structure of the transaction: Tandem is not being presented as a business that will lose its existing identity, but as a UK operation being incorporated into a broader international platform.
Which services does Tandem provide?
Tandem operates across several areas of property services.
Its principal activities include:
- Asset management
- Property management
- Financial management
- ESG services
- Destination marketing
- Technology-supported property reporting and compliance
The company’s existing UK footprint gives Audria access to professionals and operations in six cities, including London, Birmingham, Manchester, Leeds, Newcastle and Glasgow.
Tandem’s website says its property asset management services are designed to support clients’ investment objectives, with technology used alongside the experience of its property management professionals.
Who advised Tandem and Fidelio Capital?
Several professional services firms were involved in the transaction.
Debrett’s advised the shareholders and management team of Tandem. Its advisory team consisted of Clive Hatchard, Will Mason and Adam England.
Knights provided legal advice through Adam Dowdney and Harriet Jones, while Dains provided tax advice through Rebecca Jones, Paul Miller and Harry Cook.
On the Fidelio side, Eight Advisory and Osborne Clarke were engaged to undertake due diligence and provide advice on the transaction.
The involvement of corporate finance, legal, tax and due diligence advisers reflects the range of professional work required to complete the investment.
What does the transaction mean for Audria’s European expansion?
The UK investment forms part of Audria’s broader international expansion strategy.
The group has been adding businesses to its platform, with Tandem following Novier as the latest company to join after Newsec, Avy and Sveaviken.
Fidelio Capital has described Audria as a technology-driven real estate services platform that combines local expertise with the scale of an international group. Its earlier expansion brought together businesses operating in several Northern European markets.
The addition of Tandem extends that model into one of Europe’s major real estate markets.
For Tandem, meanwhile, the transaction provides access to a larger international network without requiring the business to abandon its existing UK brand or management structure.
What happens next for Tandem and Audria in the UK?
The immediate structure of the deal points towards continued operation of Tandem as a UK-focused business within the Audria group.
Tandem will retain its own brand and management team while gaining access to Audria’s wider expertise, technology and resources.
For Audria, Tandem provides an established UK platform from which the group can build local relationships and potentially expand its presence further. Björn Annwall said the company sees the UK as an important market and described Tandem as a platform for future growth.
The transaction therefore combines two distinct developments: the expansion of an international real estate services group into the UK and the addition of a growing UK property management business to that international platform.
As property businesses increasingly combine local market expertise with technology, international networks and broader professional capabilities, developments such as the Audria-Tandem transaction also underline the importance of commercial understanding across property, investment, technology and business operations. Relevant professional learning areas include Management, Management and Leadership, Accounting,Finance and Budgeting, and Facilities Management, depending on the responsibilities of professionals working across these functions.