Antilooppi – A new major property company in Helsinki

April 2015

Pension insurance companies Ilmarinen and AMF Pensionsforsäkring establish property company Antilooppi.

As stated in a press release published in May, two of the leading pension insurance companies in the Nordic countries – Finnish Ilmarinen and Swedish AMF Pensionsforsäkring – have co-founded the property company Antilooppi focused on the Helsinki area office market.

“The objective of Antilooppi is to create an active and responsible operator in the Helsinki metropolitan area office sector. We want to commit to long-term cooperation with our existing and new clients. There is plenty of room for a new company in the office sector and we have an ambition to develop and grow the company over time”, says Tomi Aimonen, Property Director at Ilmarinen

The seed property portfolio of Antilooppi has been acquired from Ilmarinen and consists of 15 office properties with a total leasable area of 230,000 sqm with a value of over EUR 400 million.

Antilooppi is now a fully operational independent business under the ownership of the two pension insurance companies. The company is growing its in-house organization and will develop into a full scale property company. So far the company has recruited three asset managers and further recruitment processes are ongoing. The headquarters of Antilooppi is located on Tammasaarenkatu 3 in Ruoholahti.

Exsmith Oy, a company jointly owned by Cavendo AB and Mrec Oy, has been hired as an operating partner of Antilooppi. Exsmith will deliver an interim management platform for Antilooppi. This will include sourcing of new acquisitions, portfolio management and building up the in-house organization.

“The ambition is to grow Antilooppi significantly to become one of the largest property investment companies in Finland within the next five years.” says Aimonen.

“We see an interesting trend of metropolization in Finland and believe that Helsinki will continue to grow and benefit from that. This is a great opportunity for us to enter the Helsinki office market with a long-term perspective together with Ilmarinen,” says Martin Tufvesson Head of Real Estate Asset Management at AMF.

For further information, contact:
Joakim Karlsson, MD Cavendo, tel +46 736 99 13 70