Elo and Varma Combine Mall Properties in Vantaa

Posted on 06/29/2019

Finnish asset giants Elo Mutual Pension Insurance Company (Elo) and Varma Mutual Pension Insurance Company (Varma) merged two shopping centers they own into a portfolio – dividing ownership 50:50. The combined value of the portfolio is estimated at €600 million. The shared ownership strategy seeks to control costs and create efficiencies. The malls are located […]

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