Trevian Care I Ky divests a portfolio worth 100 million euros
Trevian Care I Ky, a real estate equity fund managed by Trevian Asset Management Oy, has signed an agreement to sell a portfolio comprising of 15 care assets to Swedish investor Hemsö Fastighets AB. The size of the divestment is around 100 million euros and the closing will take place in March 2014. Trevian will continue its healthcare fund activities also after the divestment.
”The divestment of the properties is an example of Trevian’s successful strategy of active fund management with active and flexible acquisitions and divestments. The assets are let to local municipalities and the strongest operators in the business on long-term contracts so we are happy to hand management over to a long-term owner like Hemsö”, says Trevian Asset Management Oy’s Managing Director Reima Södervall.
Tenzing and Roschier have acted as advisors for the seller.
Additional info:
Maria Söderman, Portfolio Manager mob. +358 50 5497490, email: maria.soderman@trevian.fi
Reima Södervall, Managing Director mob. +358 50 3627400, email: reima.sodervall@trevian.fi
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Trevian Asset Management Oy is a Finnish investment and asset management company specializing in commercial properties. The company was established in 2012 and is owned by its key personnel. The company produces actively managed real estate equity funds and asset management services optimized for its customers. The services are focused especially for institutional real estate investors, banks and other professional investors. Trevian’s assets under management exceed 500 M€.