AMWatch

Residential real estate remains property investor's rock, says Varma

Rent income from residential real estate has kept providing Varma with stable returns during the pandemic. The pensions giant is working on several residential projects which are one of the cornerstones of the institutional investor's property portfolio.

Varma is looking for a hotel operator for a new hotel in Helsinki's seaside. The hotel is expected to start operating in 2023. | Photo: PR / Varma

Residential real estate has provided stable returns throughout the pandemic crisis and is likely to remain a rock for institutional investors in the long term, says Ilkka Tomperi, Head of Real Estate at the Finnish pensions giant Varma.

"The crisis has not dramatically affected the rental income from office properties, as companies tend to have rather long leases. It is mainly restaurants and hotels that have had these difficulties. I would say that residential real estate is a very interesting case going forward from the point of view of an investor," Tomperi tells AMWatch.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Akademikerpension divests utility companies

More than 200 utility companies have been excluded from Akademikerpension's investment universe. The pension fund is now divesting equities and bonds equivalent to 0.5 percent of assets under management.

Qblue aims to reach a wider audience

Bjarne Graven Larsen's QBlue Balanced wants to reach more international investors, he tells AMWatch. He also discusses why he thinks the quant winter has made way for a quant spring.

Evli records AUM growth exceeding 24 pct

New client wins, additional investments from existing clients and the positive market impact increased the assets under management by private and institutional mandates to a new record, writes Evli Group CEO Maunu Lehtimäki.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch