Amplion´s retail fund ARIF I KY acquired 28 M€ retail portfolio from Varma

Amplion Asset Management Oy’s retail property focused fund ARIF I Ky has acquired a Finnish retail portfolio of 8 properties from Varma Mutual Pension Insurance Company. The transaction value was close to 28 M€.

The main assets in the portfolio are K-Supermarkets in Iisalmi and Lahti, Budget Sport / Koneboxi in Espoo and S-Markets in Turku, Espoo and Kangasala. The main tenants with long term lease agreements are Kesko Group and S- Group.

 ”This transaction supports ARIF I – fund’s strategy to build a broadly diversified retail portfolio with main focus on grocery store properties. This transaction also strengthens the portfolio’s tenant mix. We are also extremely satisfied to be able to negotiate an optimal bank financing for a transaction of such size”, says Amplion’s deputy managing director Reima Södervall

 “The fund is looking for new investments in the retail sector and has remaining investment capacity of 20-30 M€” says Södervall.

 Nordea Bank Plc. and Sampo Bank Plc. acted within the transaction as the arrangers of the loan facilities.

For more information, please contact:

 Reima Södervall                                                                                    

Deputy Managing Director, Amplion Asset Management Oy                                          

+358 050 5370099     

Amplion Asset Management

Amplion offers tailored investment solutions to institutions and private investors on selected European markets. Amplion has assets in excess EUR 485 million under management. Amplion is a part of the Catella group. www.amplion.fi.

 Catella is a European finance group active in Corporate Finance and Asset Management. In these operating segments, Catella focuses on selected segments in which advanced specialist expertise and local presence, combined with international reach, are key in creating added value for clients. Catella has approximately 450 employees working at offices in 24 cities in 12 European countries. Catella share is listed on First North Premier and traded under the abbreviations CAT A and CAT B. Remium AB is Catella’s Certified Adviser, +46 8 454 32 00. www.catella.se.

 Varma Mutual Pension Insurance Company is a the largest earnings-related pension insurer and investor in Finland. The company is responsible for the statutory earnings-related pension cover of nearly 855,000 people. In 2010 Varma’s premiums written totaled EUR 3.7 billion in and pension payments stood at EUR 4.0 billion. The company’s investment portfolio amounted to EUR 31 billion at the end of September 2011.www.varma.fi