Kojamo to acquire a housing portfolio of Varma for €900m.

Kojamo, a private housing investment company, agreed to acquire a housing portfolio of Varma, a private pension insurance provider, for €900m. "This transaction presents a unique opportunity for Kojamo to return to growth by acquiring a portfolio of significant size and with a strong alignment with our strategy. The properties are located in prime areas with a strong focus on growth centres, and they are of high quality and in good condition. With this transaction, we are pleased to deliver strong shareholder value through accretion in FFO per share," Reima Rytsölä, Kojamo CEO.