Trevian Asset Management Oy has established a real estate equity fund investing in Finnish care properties

Trevian Asset Management Oy has established a real estate equity fund Trevian Care I. In connection with its first closing the fund has acquired 15 properties from Varma Mutual Pension Insurance Company and Etera Mutual Pension Insurance Company. The investment value of the acquired portfolio is close to 100 M€.

Trevian Care I -fund’s target size is more than 200 M€. The aim is thereby to create the largest real estate equity fund specializing in Finnish care property sector. The portfolio will be built up by acquiring additional care properties or portfolios from the market. The fund is backed by Finnish institutional investors.

”The launch of Trevian Care I –fund is expanding Trevian’s real estate equity fund business significantly. The strategy of the established fund is to invest in Finnish properties suitable for nursing, elderly care, hospice and day care. We see that there is a great growth potential in care property sector in near future. We are also very pleased that we have been able to negotiate bank financing for such an extensive real estate transaction”, comments Reima Södervall, managing director of Trevian Asset Management Oy.

Danske Bank Plc, Nordea Bank Finland Plc, Pohjola Bank Plc and Svenska Handelsbanken AB acted as arrangers of the loan facility in the transaction. Nordea Bank Finland Plc acted as coordinator of the facility.

 Additional information:

 Maria Söderman, Portfolio Manager, tel +358 50 5497490, email: maria.soderman@trevian.fi

Reima Södervall, Managing Director, tel +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 amount to approx. 400 M€.