HELSINKI , June 15, 2020 /PRNewswire/ — Trevian Asset Management Oy extends its activities to residential real estate. Kim Särs, LL.M., has been appointed director of the business area to be created and a member of the management team: “We are currently looking for projects that are seeking funding.”
Before joining Trevian on June 1, 2020, Kim Särs has worked at LocalTapiola Group for 14 years. Since 2014, he has been managing director of alternative funds and before that, director of real estate funds. The maximum value of assets under management was €1.8 billion.
“For me, the building is part of the development of society, and it must be diversified in terms of services. The development of meeting places, especially for young people, is not only important, but also a prerequisite for the development of creativity. There “There are a lot of single-person households today, so small apartments are needed. There is also a need for a denser structure – living close to each other. I don’t prefer sleepy suburbs; they lack village resemblance and community. Resident satisfaction is also important for investors. COVID-19 has proven once again that people want to meet as much as possible, and preferably outside their own kitchens. Cities could help meet these needs, for example by providing more relaxed conditions for building small houses and easing parking space requirements,” says Kim Särs.
“With the new business area, Trevian wants to participate in the development of new residential areas. No implementation path really limits us; we can build to rent or sell. New values can also be introduced in rental housing, for example green values, for example using geothermal energy. Even if the apartments to be built were small, their quality can be high. We are building such a portfolio of rental housing for investors or Trevian as a residential fund. We are more interested in building projects looking for a partner to supply Our dream and goal would be to implement projects that can be called ‘urban’ and ‘green’, continues Särs.
Our own construction sets us apart from others who buy ready-made properties. Building requires the know-how we have. Projects last longer, which makes maintenance cost and quality important, as well as local presence. This results in more profitable investments. International investors, in particular, require the partner to be able to offer tailor-made solutions.”
Trevian Asset Management is a Finnish investment and asset management company specializing in commercial properties. The company was established in 2012 and is owned by its key personnel. The company produces actively managed real estate equity funds and optimized asset management services for its clients. The Services are aimed in particular at institutional real estate investors, banks and other professional investors. Trevian assets under management close to €1.0 billion.
Trevian Asset Management
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