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ARTICLES TAGGED WITH "ELO"

After the Helsinki acquisitions – this is how Elo wants to develop its real estate holdings

Finland Finland — Elo Mutual Pension Insurance Company continues to increase its real estate holdings through the acquisition of two residential properties in Helsinki. Tatu Pakarinen, Senior Portfolio Manager at Elo, tells Nordic Property News about the acquisitions, how Elo wants to develop its real estate portfolio going forward and about his view on real estate as an investment area.

Elo buys two apartment buildings in Helsinki from the Paavo Nurmi Foundation

Finland Finland — Elo has bought two residential apartment buildings from the Paavo Nurmen Foundation in the prestigious areas of Töölö and Kallio in Helsinki.

Elo’s Main Focus After the Tampere Investment

Finland Finland — Kati Kniivilä, Director, Domestic Real Estate at Elo, tells Nordic Property News about the acquisition from Tampereen Asunnot Ky, why Tampere is an attractive location for investments, and the residential targets for 2022.

Skanska Builds for Elo in Vantaa

Finland Finland — Elo and Skanska have agreed to build 95 rental apartments in the Kilterinmäki area of ​​Vantaa, a short distance from Myyrmann shopping center.

Jumbo and Flamingo to Merge Into the Nordics’ Largest Shopping and Entertainment Centre

Finland Finland — Mutual pension insurance companies Varma and Elo have agreed on a transaction that involves the merger of the Jumbo Shopping Centre and Flamingo Entertainment Centre located in Vantaa, near Ring Road III. The value of the transaction is approximately EUR 600 million, and once it is finalised, Varma and Elo will each have a 50 percent share in the real estate.

NCC Builds Residential for Elo

Finland Finland — NCC will build 70 homes for Elo in Vantaa.

Hemfosa Acquires Properties in Finland for EUR 43M

Finland Finland — Hemfosa has signed an agreement to acquire, and has taken possession of, two properties in Espoo, Finland. The police authority and the office of the public prosecutor are the largest tenants. This acquisition, with a corresponding value of about MSEK 420 (EUR 43M), will strengthen Hemfosa's position in Finland, where its property portfolio is now worth approximately SEK 1.5 billion (EUR 152M). The sellers are Localtapiola Mutual Life Insurance Company and Elo Mutual Pension Insurance Company.

Elo Purchases 1,800 Apartments

Finland Finland — Elo purchases 1,800 apartments from YH Kodit. The apartments are located in Åbo and Tammerfors and surrounding municipalities. The divestment does not affect the residents.