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ARTICLES TAGGED WITH "Varma"

SRV builds residential for Varma

Finland — SRV to build 128 residential units for Varma in Niittykumpu, Espoo.

Varma to launch construction of an office building in Espoo

Finland — Varma Mutual Pension Insurance Company is developing an office building with high-quality architecture named Keilaniemen Portti in Espoo’s Keilaniemi. Set to be the landmark for Keilaniemi, the office building will increase the area’s attractiveness as a modern office hub.

Lease Deal Group Buys from Varma

Finland — Lease Deal Group has purchased a shopping center property located in the center of Lohja at Kauppakatu 10 from the Mutual Pension Insurance Company Varma.

Serena Properties Acquires Heron City

Sweden — Serena Properties has acquired Heron City in Stockholm. Seller is a joint venture owned by CapMan, Varma and Cavendo.

“We Are Looking to Grow Our Residential Portfolio”

Finland — Varma’s Property Development Director Sari Raunio on the investment focus for 2022, the residential pipeline for the company, and the investor’s international exposure.

Why Varma Believes in the Office Market Post the Pandemic

Finland — Pension insurance company Varma is planning one of its largest office building projects ever. Property Development Director Sari Raunio tells Nordic Property News about the lease negotiations, investment targets going forward, and the attraction to the office area Pasila.

Ylva and Varma Establish a New Joint Venture

Finland — Ylva and Varma have agreed on forming a joint venture, concerning the Lyyra development project in Helsinki.

Another Divestment Made: Here Are Varma’s Acquisition Targets

Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma on the Finnish operations going forward, and the struggle on the office market. “This is likely to have a negative effect on the outlook of non-prime offices.”

Varma Sells Office Property in Helsinki

Finland — Varma sells an office property located in Herttoniemi, Helsinki, to a group of private investors.

The Insurance Company’s Performance During the Pandemic: “We Weathered the Storm”

Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma, on the major divestment to Morgan Stanley, a summary of Varma's 2020, and investment targets for 2021.

Morgan Stanley Makes Residential Acquisition from Varma

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.

Why Varma Is Continuing to Divest Assets

Finland — Ilkka Tomperi, Investment Director at Varma: ”The recent exits were part of our normal portfolio management.”

Varma Divests Two Office Properties in Helsinki

Finland — Varma Mutual Pension Insurance Company has sold two office properties in Lauttasaari, Helsinki. The total floor area of the Itälahdenkatu 15-17 and Itälahdenkatu 22A properties is over 15,000 sqm.

Varma’s Investment Director on the International Outlook

Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at the pension company Varma, on the latest sales, the residential project outside Finland and future investments.

Varma Sells Two Properties in Oulu and Lappeenranta

Finland — Catella acted as an advisor to employment pension company Varma in the sale of Kiinteistö Oy Kuntotalo and in a sale of Lappeenrannan Kodinkeskus retail property.

“Flexible Office Solutions Are Likely to Be More in Demand”

Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma, on the effects on the Finnish property market, post the corona crisis.

Varma Divests a Reception Centre Property in Helsinki

Finland — Mutual Pension Insurance Company Varma has sold a reception centre property in Helsinki to an unnamed buyer.

Varma to Acquire OP Cooperative’s Vallila Property Together with South Korean Investors

Finland — South Korean-Finnish consortium which includes Varma Mutual Pension Insurance Company, NH Investment & Securities (NHIS) and Shinhan Investment Corp. have acquired OP Cooperative’s HQ property in Vallila, Helsinki. The value of the transaction is 480 million euros. OP will continue operating in the property under a long-term lease agreement.

The Real Estate Investor’s Office Targets in Finland

Finland — Varma’s Business Director Toni Pekonen: “There is still opportunities for attractive investments in the office market.”

Varma Acquires Office Property from DWS

Finland — Varma acquires approximately 7,000 square meters office property on Itämerenkatu 9, Helsinki, from DWS.

Scandic to Open Central Helsinki’s Largest Conference Hotel

Finland — Scandic has signed a lease agreement for a new meeting and conference hotel in Helsinki. The hotel, Scandic Avenue, will have 350 rooms and will be located near the Old Church Park in the heart of the city. It is scheduled to open in 2022.

Why the Need for Hotels in Helsinki Is Increasing

Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma: “Change of use refurbishments do happen every now and then.”

After the Major Divestment in Helsinki – Here Are Varma’s Next Targets

Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma: “This was a suitable moment to sell the core property.”

Varma Divests SOK HQ to Pareto Company for EUR 130M

Finland — Varma sells SOK headquarters in Vallila, Helsinki to Fleming Properties for EUR 130M.

Varma Sells Syke Shopping Centre

Finland — Varma Mutual Pension Insurance Company sells the Syke Shopping Centre in Lahti to Osuuskauppa Hämeenmaa cooperative.