Trevian Care II Ky, a real estate equity fund managed by Trevian Asset Management Oy, has on 29 September 2016 signed agreement to sell a portfolio comprising of 12 daycare property assets to Norwegian real estate company Pioneer Property Group. The size of the divestment is around 22 million euros. The properties are located in Helsinki region and other Finnish major cities and they have long-term leases with a private daycare operator.
”We are very pleased to execute this transaction with Pioneer Property Group and to bring a new investor to the Finnish real estate markets. This is the first large scale portfolio transaction in Finland consisting solely of daycare assets and we are satisfied that we have succeeded in creating an investment product attracting international investors by building up a portfolio of good individual assets” tells Maria Söderman, Portfolio Manager at Trevian Asset Management Oy.
CBRE and Roschier have acted as advisors for the seller.
Maria Söderman, Portfolio Manager, tel +358 50 549 7490, email: firstname.lastname@example.org
Reima Södervall, Managing Director, tel +358 50 362 7400, email: email@example.com
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 850 M€.