Elo, Första AP-fonden and Trevian establish a joint venture to invest in Finnish real estate
15 March 2017 – Elo Mutual Pension Insurance, Första AP-fonden (AP1) and Trevian Asset Management Oy have agreed to establish a joint venture company which invests in the Finnish real estate market. The joint venture will focus on commercial real estate, mainly city centre retail and office properties in major cities with good growth prospects primarily outside Helsinki area.The joint venture will start with a portfolio worth approximately € 160 million. The aim is to actively seek further investment opportunities to significantly expand the portfolio size in accordance with the investment