Pareto has established an unlisted care sector real estate specialist focusing on the Finnish market
Origa Care AB (publ), a newly established company has acquired a care property portfolio from Special Mutual Fund Titanium Care Real Estate (AIF) for EUR 48 million. The property portfolio entails 13 care properties with a gross lettable area of approx.14,300 square meters.
The property portfolio is anchored by the market leading care service providers Attendo, Esperi Care and Mehiläinen. The acquisition was financed with a share issue and bank financing.
The company is managed by Pareto Business Management together with a local property manager.
- The execution of yet another high quality investment in the Finnish market is a strong testament to our strength in finding attractive returns and to raise capital in the Nordic investment market for those opportunities. Management of the properties will be carried out by Pareto Business Management as usual, says Stefan Gattberg, Head of Corporate Finance and Project Finance at Pareto.
For further information, please contact:
Stefan Gattberg, Pareto Securities (+46 8 402 5122)
Pareto Securities is an independent full service investment bank with a leading position in the Nordic capital markets and a strong international presence within the energy sector. Pareto Securities AB offers Swedish and foreign institutions, companies and private individuals investment services related to trading in stocks, shares in SPV’s and fixed income instruments, wide coverage both within equity- and credit research. Furthermore, Pareto Securities corporate finance offers ECM, M&A and DCM services as well as arrangement and syndication of new investment projects, arrangement and syndication of sale and leaseback structures within real estate, infrastructure and shipping/offshore. Pareto Securities AB is part of the Pareto Securities group and is headquartered in Oslo, Norway, with more than 400 employees located in offices in Norway, Sweden, Denmark, Finland, United Kingdom, France, Germany, USA, Singapore and Australia.