Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - AMF’s Acquisition of Ownership in Property Portfolio in Helsinki

Posted 3rd June 2015

AMF’s Acquisition of Ownership in Property Portfolio in Helsinki

AMF's Acquisition of Ownership in Property Portfolio in Helsinki

Scroll to keep reading

AMF’s Acquisition of Ownership in Property Portfolio in Helsinki

AMF’s Acquisition of Ownership in Property Portfolio in Helsinki

View Biography

View Biography

View Biography

Mikael Löwhagen, Tax advisor to AMF

Marcus Möller, Legal Advisor to AMF

Timo Reijonen, Financial Advisers to AMF

The Finnish pension company Ilmarinen is the seller of the properties and will, in parallel, become a 50% owner of the jointly owned company with AMF.

The portfolio comprises 15 office properties with a total of 250,000 square meters of lettable space.

The acquisition of this portfolio and AMF’s recent retail property acquisitions are both parts of their aim to diversify their property portfolio and venture into markets other than the Swedish.

“We assess that Helsinki will have a positive development and a continued urbanisation and growth. We look forward to building an independent company together with Ilmarinen, with the ambition to grow and work long term with property management, leasing and development” says Martin Tufvesson, Property Investment Manager at AMF.

The newly started company Cavendo has served as the commercial advisor to AMF in the acquisition and will now deliver a management platform to AMF and Ilmarinen’s joint company.

“It is a major breakthrough for us to be entrusted with assisting two such well recognized institutional investors in a cross-border joint venture,” says Joakim Karlsson, Managing Director of Cavendo.

Categories: M&A

You Might Also Like

Abbott Completes the Acquisition of St. Jude Medical

10/01/2017Abbott Completes the Acquisition of St. Jude Medical

Abbott announced today it has completed the acquisition of St. Jude Medical, Inc., establishing the company as a leader in the medical device arena.

Creating Innovative Digital Content Solutions

08/05/2019Creating Innovative Digital Content Solutions

Integra is a leading digital content services company providing innovative source-to-publish solutions to global publishers and digital learning solutions to organizations across diverse industry verticals. Following their success in AI’s Global Excellence A

The Minds Behind the New Era of Grant Management

07/10/2021The Minds Behind the New Era of Grant Management

Now with the title of ‘Best Online Application Management Solutions Firm’ for 2021 under its belt, USA based company ZoomGrants has been secured in its place as the leader of grant management software solutions. Combining top of the line technology with un

Solteq Acquires inPulse Works Oy

12/06/2017Solteq Acquires inPulse Works Oy

Solteq Plc has acquired inPulse Works Oy. The acquisition will enable Solteq to offer services that meet the varying needs of electricity, district heating and water companies.

Why Your IT Is Important To Your Physical Security

22/02/2023Why Your IT Is Important To Your Physical Security

IT acts as the first barrier in your physical security system and protects your cloud-based physical security features from interception. Merging digital and physical security is necessary to protect your building and the assets stored within your facilities.

Citius Pharmaceuticals Completes Acquisition of Leonard-Meron Biosciences

05/04/2016Citius Pharmaceuticals Completes Acquisition of Leonard-Meron Biosciences

Citius Pharmaceuticals, Inc.today announced completion of the acquisition of Leonard-Meron Biosciences, Inc.

The Impact of Courier Services on E-commerce Businesses

03/07/2023The Impact of Courier Services on E-commerce Businesses

In this digital era we’re all living in, e-commerce has truly shaken up the way businesses function, offering ease and accessibility to folks all around the globe. The success of any e-commerce venture largely depends on a trusty and proficient courier s

Garden Centres, Horticultural Properties/ Businesses and Farm Shops – The Same Service to All

09/06/2017Garden Centres, Horticultural Properties/ Businesses and Farm Shops – The Same Service to All

2016 Global Excellence Awards UK award recipient is Quinton Edwards, specialist property and business surveyors based in Newbury, West Berkshire. We interviewed expert Simon Quinton Smith to discover more about the firm’s specialist property and business off

5 Questions To Ask Before Putting AI Into Practice And A Checklist For Success

03/01/20205 Questions To Ask Before Putting AI Into Practice And A Checklist For Success

Despite the power of Artificial Intelligence to transform the customer experience, many AI projects fail at the first hurdle. Henry Jinman at EBI.AI outlines the 5 most common mistakes and how to avoid them using a tried and tested checklist.

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS