Premico Acquires in Espoo

Finland Finland — Lujatalo and Premico have signed an agreement in which Premico’s third housing fund acquires a residential apartment building built by Lujatalo in Espoo’s Holmanpuisto area.

Sami Kiehelä's Goals as New CEO of Premico

Finland Finland — Sami Kiehelä has returned to the real estate industry as CEO and Partner of Premico. Upon his return he tells Nordic Property News what attracted him about join Premico, what he hopes to accomplish in his new role, what he learned during his break and about Premico’s status in the market.

Premico Announces Sami Kiehelä as the New CEO and Partner

Finland Finland — The Board of Premico Group has appointed Sami Kiehelä as the new Chief Executive Officer and partner of Premico Group with effect from 1 September 2022. Premico Group’s current Interim-CEO, Jyrki Kaskinen will continue in the Board of the company and as a partner.

Reasons Behind the Appetite for Finnish Residential

Finland Finland — Janne Vaula, Chairman of the Board at Premico Group, on the recent portfolio divestment to Orange Capital Partners and GIC, the foreign interest in the Finnish residential market, and future investments.

Major Portfolio Acquisition by Orange Capital Partners and GIC

Finland Finland — An investment fund managed by Morgan Stanley Real Estate Investing (MSREI) and its joint venture partner Premico and RIM announce the sale of a residential portfolio in Finland to Orange Capital Partners (OCP) and GIC.

These Are Premico's Future Residential Opportunities

Finland Finland — Janne Vaula, CEO of Premico group, on the residential demand in Finland, the hot development area in Helsinki, and the strong momentum on the Finnish residential market.

Morgan Stanley Buys Historical Helsinki Building

Finland Finland — The Finnish Lifelong Learning Foundation (Kvs Foundation) has sold the historical building it had originally built in Töölö, Helsinki, to a fund advised by Morgan Stanley.

Morgan Stanley Makes Residential Acquisition from Varma

Finland Finland — A property fund advised by Morgan Stanley Real Estate Investing (MSREI) has made a new acquisition in Finland. The fund has acquired 151 rental residential units and building rights for approx. 130 new residential units within Haukilahti (Espoo) in the Helsinki Metropolitan Area from Varma Mutual Pension Insurance Company (Varma). Varma owns over 4,000 residential units in Finland and has well over 1,000 new units under development over the coming years. MSREI, through the funds that it manages, has previously acquired 1,900 residential units in Finland through multiple acquisitions. Premico will manage the new acquisition.

Premico’s CEO: “No Reason to Change Our Strategy”

Finland Finland — Janne Vaula, CEO of Premico Group, on the historic fund PCNRF, why carbon neutrality is an important focus area right now, and future investment targets for the company.

Premico to Establish Finland’s First Carbon Neutral Residential Fund

Finland Finland — Property investment and development company Premico is establishing a new Premico Carbon Neutral Residential Fund (PCNRF). The PCNRF is Finland’s first residential fund focusing on constructing residential buildings that are sustainable with small carbon footprints in addition to being located in prime locations. The fund will invest in A-rated energy class buildings located within the Helsinki region, which aim for carbon neutrality during the occupancy period and a BREEAM Excellent rating.

Morgan Stanley, RIM and Premico Makes Residential Acquisition in Helsinki

Finland Finland — RIM and Premico invest together with a real estate fund advised by Morgan Stanley Real Estate Investing into 306 rental apartments in Helsinki region.

Premico and Lujatalo to Build Apartments in Vantaa

Finland Finland — Premico Vuokra-asunnot Oy and Lujatalo have signed an agreement to build 96 rental apartments in the Kivistö area of Vantaa.