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Varma hires Catella to manage and dispose portfolio

08 February 18 - RE+D Magazine
Varma hires Catella to manage and dispose portfolio

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Finland’s Varma has hired Catella Asset Management to manage and sell assets in a 110,000sqm property portfolio.

 

According to realassets.ipe.com, Varma said it is selling the assets located in the Helsinki Metropolitan Area (HMA) as well as in other growth areas.

Catella Asset Management is setting up a new property fund, Pegasus Real Estate, as part of the mandate, and the new fund will own several of the real estate assets from the Varma portfolio.

The aim is to develop and sell the assets of the portfolio during the coming years, Varma and Catella said.

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