Fund Acquires Eight New Nursing Homes

Finland Finland Evli Fund Management Company's Evli Healthcare I Ky fund has signed a contract to buy eight new Finnish nursing homes under construction.

2018-06-18

Share via e-mail

Evli Healthcare I Ky was established in early 2018 and the strategy of the fund is to invest in Finnish nursing and healthcare properties that provide stable cash flow through long-term rental agreements with stable tenancy.

Attendo Oy provides the service at the purchased nursing homes. The nursing homes will be transferred to the fund’s ownership upon completion. The first nursing homes will be completed during autumn 2018. There is a total of 287 beds at the nursing homes and their total value is approximately EUR 34M.

"The now acquired properties are perfectly suited to the fund's strategy. The properties are modern and have an excellent tenant with long rental agreements. As a result of the acquisition, the fund's average return will grow and the average duration of the lease agreements will increase further,” says Petteri Nurminen, portfolio manager. 




Maria Olsson Äärlaht
maria@nordicpropertynews.com




EQ Buys Property in Tampere

Finland Finland OP Toimitilakiinteistöt has sold a property in Tampere to EQ Hoivakiinteistöt.


“It Is Driving Prices Up to Unprecedented Levels”

Finland Finland CBRE Finland’s new MD Colin Waddell, tells Nordic Property News his views on the Finnish market and the large foreign interest in Finland.

YIT to Build New Production, Storage and Office Premises for Huhtamaki

Finland Finland YIT will expand and renovate Huhtamaki’s production, storage and business premises in Hämeenlinna, Finland. The customer in the project is NREP Logicenters, a Nordic developer and owner of modern logistics properties. The turnkey contract includes a new building of around 15,000 square metres and the renovation of 2,700 square metres of existing premises.

Blackrock Acquires Office Building in Helsinki

Finland Finland Blackrock Real Assets and Institutional Investment Partners (2IP) have acquired an office building in Helsinki from a fund managed by AXA IM Real Assets.

Colin Waddell on his New Position as MD of CBRE Finland

Finland Finland CBRE look abroad to find their new management in Finland and appointed Colin Waddell Managing Director. The new MD tells Nordic Property News what he will bring to the CBRE Finland and what advantages he sees in coming from the outside.


Veritas acquires hospital for EUR 64 million

Finland Finland Veritas Pension Insurance Company has acquired the Töölö hospital from The Hospital District och Helsinki and Uusima (HUS).

Ilmarinen Expands its Real Estate Investments in the Netherlands

Finland Finland Ilmarinen has invested in an office property in Rotterdam.

YIT and Are to Build the Kaitaa Metro Station in Espoo

Finland Finland A consortium formed by YIT and Are and Länsimetro Oy have signed an agreement on the construction of the Kaitaa station on the West Metro line in Espoo.

Hoivatilat Sells Properties and Specifies its Guidance

Finland Finland Suomen Hoivatilat Oyj signed a sales agreement with Special Investment Fund eQ Care, based on which Hoivatilat sells all shares in six property companies to eQ. The debt-free purchase price is EUR 16.4 million.

DWS Acquires 42,000 sqm in Aviapolis

Finland Finland Elo Mutual Pension Insurance Company, together with Local Tapiola General Mutual Insurance Company have sold a prime logistics property by the Helsinki-Vantaa Airport to DWS.