Kesko, Ilmarinen and AMF €652 million joint venture

8/5/2015
Joint venture

€ 652 million

$ 689.783 million

Completed

8/5/2015


Overview:

  • Kesko, AMF Pensionsförsäkring and the Ilmarinen Mutual Pension Insurance Company have agreed to set up a joint venture focused on real estate investment called Ankkurikadun Kiinteistöt.
  • The joint venture will own, manage and develop store sites sold to it, and primarily used, by Kesko.

Wai Yee Tsang - Journalist

Jurisdiction:

Finland

Deal type:

Joint venture

Governing laws:

Sweden
Finland

Industry sectors:

Investment management
Real estate


Firms:

Party: AMF Pensionsförsäkring (Joint venture partner)

Party: Ilmarinen Mutual Pension Insurance Company (Joint venture partner)


Party: AMF Pensionsförsäkring (Joint venture partner)