Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON-Aberdeen Property Investors has bought Antilooppi Oy, the property asset management arm of Ilmarinen Mutual Pension Insurance Company, Finland’s biggest institutional property investor. The outsourcing deal reinforces Aberdeen’s place as the dominant player in the region.

Antilooppi Oy manages Ilmarinen’s 15 million-sf property portfolio, located throughout Finland, with a valuation of €2.3 billion ($2.3 billion). Aberdeen Property Investors Nordic Region will employ all 70 of Antilooppi Oy’s existing staff.

Rickard Backlund, API’s Chief Executive in the Nordic Region said: “API recognised the increasing importance of the Finnish property investment market a couple of years ago when we opened an office in Helsinki in order to service both Finnish as well as other regional clients. This transaction will reinforce API’s dominant position in the Nordic region”.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.