Keva and Axiom Advisors Oy have established a new real estate investment company, Selena Kiinteistöt Ky.
A total of 18 commercial properties directly owned by Keva will be transferred to the company. These properties are located mainly in the Helsinki metropolitan area, as well as in Tampere, Turku, Vaasa, and Kuopio. The combined leasable area of the properties is approximately 182,000 m².
‘Through this joint venture, we can develop the properties even more effectively in a changing market environment. Axiom Advisors Oy’s strong expertise in developing precisely this type of property supports our goal of increasing the occupancy rate, improving net returns, and ensuring the competitiveness of the properties in the future,’ says Carl-Henrik Roselius, Head of Real Estate Investments at Keva.
From November onwards, the designated staff of Axiom Advisors Oy will be responsible for managing Selena Kiinteistöt Ky’s property portfolio, customer acquisition, and property development. The new company will be led by Petteri Säntti, Partner at Axiom Advisors Oy.
‘I am excited that we have the opportunity to continue Keva’s professional work with a well-managed property portfolio,’ says Petteri Säntti.
‘Collaboration with Keva is an important step forward for us, supporting our company’s growth strategy. In addition, it provides an opportunity to take our Asset Management services to a new level,’ adds Tero Lehtonen, CEO of Axiom Advisors Oy.
Keva
Keva is Finland’s largest pension provider, responsible for managing the pensions of employees in the municipal sector, the wellbeing services counties, the state, the Evangelical Lutheran Church, Kela (the Social Insurance Institution of Finland), and the Bank of Finland. Keva is responsible for financing the pensions of employees in the municipal sector and the wellbeing services counties, as well as for investing the pension funds. The market value of Keva’s investment assets is approximately 70 billion euros.
Axiom Advisors Oy
Axiom Advisors Oy is a Finnish commercial real estate advisory company. Founded in 2019, the company provides institutional real estate investors with services designed for real estate asset management, including property valuation, real estate management, project leasing, strategic advisory, office brokerage, and tenant representation.