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 […]
