Trevian Care I fund acquires three care properties from YIT
Real estate equity fund Trevian Care I has concluded agreements to acquire three care properties from YIT Rakennus Oy. The objects are new buildings and are located in Kerava, Vantaa and Espoo. The properties in Kerava and Vantaa are under construction and the aim is to start up the Espoo project before the end of this year.
”We are very satisfied with the new purchases of Trevian Care I fund. The acquired properties comply with the fund’s investment strategy because they have long-term lease agreements and they are located in the Helsinki metropolitan area, where there is increasing demand for care services and nursing home properties”, comments Portfolio Manager Maria Söderman from Trevian Asset Management Oy.
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.
Maria Söderman, Portfolio Manager, tel +358 50 5497490, email: firstname.lastname@example.org
Reima Södervall, Managing Director, tel +358 50 3627400, 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 400 M€.