AMWatch

Keva to boost property portfolio amid growing competition

The most recent addition to the major asset owner's property portfolio is Strömkarlen 4 in Helsingborg, purchased last week by Keva's and Alecta's joint venture Stadsrum Fastigheter. Finland's largest pension fund targets regional joint ventures -- such as an ongoing hotel development project in Copenhagen with Danish AP Pension.

Finland's largest pension provider Keva has a vision to increase its exposure to direct property investments from the current 6.4 percent of all assets to approximately 7 percent in the long term, says Keva Head of Real Estate Petri Suutarinen. Photo: PR: Keva

Finland's largest pension provider Keva has a vision to increase its exposure to direct property investments from the current 6.4 percent of all assets to approximately 7 percent in the long term, says Keva Head of Real Estate Petri Suutarinen.

The fund, which administers the pensions of local government, state, evangelical Lutheran church and benefits agency Kela's employees, currently manages assets totaling EUR 52.4bn

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

amwatch trial

Latest news

Jobs

See all

See all

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch