Partnera Reduces Its Holdings in Soumen Hoivatilat

Finland Finland Suomen Hoivatilat has received notice that Hoivatilat's largest shareholder Partnera Oy has through its subsidiaries Nurture Property Holding Oy and Nurture Real Estate Holding Oy (together "Partnera") agreed to sell 3,767,012 shares in the Company to a new Finnish limited company to be incorporated, the shares and votes of which will be held 50 percent by Kusinkapital Ab or a company controlled by it and 50 percent by Föreningen Konstsamfundet r.f. The shares sold represent approximately 14.81

2018-11-26

Share via e-mail

Hoivatilat understands that the transaction is expected to be settled by 12 December 2018.

Partnera made its current investment in Hoivatilat in 2015 prior to the Company's IPO.

"Having been a shareholder of Hoivatilat through the phase of significant growth and development into a stock exchange listed company, we have now, after carefully reviewing the alternatives for our holding, found a solid new owner who can support the Company's future growth," comments Partnera Oy's CEO Jari Pirkola.

After the transaction announced today, Partnera Oy will own 3.93 percent of the shares in Suomen Hoivatilat Oyj.

"We have followed the Company since its IPO and our aim as long-term investors is to support the growth of the Company within its current business areas, schools and international projects" comment Paul Hartwall, the CEO of Kusinkapital Ab and Stefan Björkman, the CEO of Föreningen Konstsamfundet rf.




Axel Ohlsson
axel@nordicpropertynews.com




“We Believe That the Volumes Will Stay on a High Level”

Finland Finland Kojamo’s CEO Jani Nieminen tells Nordic Property News about the first year as a listed company and shares his view on the Finnish real estate market.

Genesta Sells Antinkatu I in Helsinki

Finland Finland Genesta sells the office property Antinkatu 1 on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) to Schroder Nordic Real Estate Fund.

“The List of Things to Do Is Very Long”

Finland Finland The new Managing Director Kati Kivimäki wants to make Mall of Tripla the greatest mall in the Nordics. She tells Nordic Property News about her vision, the tasks before the opening and whether she sees Swedish Mall of Scandinavia as an inspiration.

Kati Kivimäki Appointed New MD of Mall of Tripla

Finland Finland Kati Kivimäki has been appointed as the Managing Director of Mall of Tripla, the shopping centre that will be opened in Central Pasila in autumn 2019. She will start in the position in the spring.

"Finns See More Risks than Opportunities"

Finland Finland Hemsö has gone on a real spending spree in Finland in recent months – purchasing a portfolio in Turku and the Helsinki Court House for a total of EUR 380M. Head of Finland Jarkko Leinonen tells Nordic Property News of the attraction of Turku, why he prefers to work for a Swedish company and what Hemsö is looking for now.

Hemsö Invests in Turku Technology Properties

Finland Finland Hemsö is acquiring a property portfolio with eight nursing home and health care properties in Turku, Finland, as agreed in a previously announced letter of intent. Hemsö will simultaneously invest and acquire a 34.8-per cent stake in Turku Technology Properties (TTP).

Astel Builds Largest Modular Apartment Project in Finland

Finland Finland Astel, the third biggest house factories’ group in the Baltic countries, will start manufacturing one of the largest prefabricated modular apartment building projects in Finland. The new modular apartment project consists of 300 apartments in 9 apartment buildings with a total living area of 12,030 sqm and the total cost of the project is EUR 24M.

"He Clicks with All of Us”

Finland Finland Cibus Nordic Real Estate’s Chairman of the Board Patrick Gylling on why Sverker Källgården was appointed new CEO, the time since the resignation of the predecessor and how close the first Swedish acquisition is.

Patrizia Sells Helsinki Office to EQ

Finland Finland Patrizia has completed the sale of the Itämerenkatu 5 office building in Helsinki for EUR 41 million. The property was sold to a Finnish investment fund, Special Investment Fund EQ Finnish Real Estate.

Sverker Källgården New CEO for Cibus

Finland Finland The board of directors of Cibus Nordic Real Estate has appointed Sverker Källgården as new CEO of the company.