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ARTICLES TAGGED WITH "Flamingo"

Upcoming Challenges in the Merge of the Shopping and Entertainment Centers

Finland Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma, on the merge of the shopping center Jumbo and entertainment center Flamingo, how to tackle the e-commerce threat and future investment targets in Finland.

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.