Premico Group Oy

Pekka Averio joins Premico as Senior Advisor

Share

Master of Laws, MBA Pekka Averio has joined real estate investment and development company Premico as Senior Advisor. Averio has held executive positions and occupied vantage positions in the financial sector for more than 30 years and brings a tremendous amount of financial expertise with him. He will play a significant role in Premico’s future private equity fund initiatives.

Pekka Averio joins Premico as Senior Advisor. (Picture: Kuva-Ahti Oy)
Pekka Averio joins Premico as Senior Advisor. (Picture: Kuva-Ahti Oy)

During his career, Pekka Averio has, for example, been the CEO of Municipality Finance Plc in 2001-2017, Member of the Board at International Union for Housing Finance (IUHF) in 2001–2017 and Vice Chairman of European Association of Public Banks (EAPB) in 2004–2008. Currently, he is the Chairman of the Board at Averio Oy and a Board Professional.

“Pekka’s extensive international financial expertise and experience bring unique added value to Premico’s business operations,” says CEO Janne Vaula from Premico. “We are currently expanding the investor base of our private equity funds outside of Nordics. Pekka’s background in the international investment sector and long-lasting relationships with European and Asian institutional investors provide us with major benefits”, Vaula adds.

Premico is a Finnish real estate investment and development company established in 1963 with four core business areas: residential private equity funds, real estate development, construction management, and property management together with residential leasing services and rental management.

Together with its partners Premico has established eight residential private equity funds with a total investing capacity of 1,3 billion euros. Premico Residential Fund Ky (Premico Asuntorahasto), established in 2016, owns 969 units of new affordable rental apartments. The 2019 established Premico Residential Fund II (Premico Asuntorahasto II) is pursuing to construct approximately 1700 units of new affordable rental apartments in Finnish growth centers by 2023.

During 2010-2019 Premico has constructed over 3000 new rental apartments mainly in the Helsinki metropolitan area. In 2018 Premico in joint venture with Morgan Stanley acquired 1594 rental apartments located in Finnish growth centers.

Premico is managing over 6000 rental apartments in 20 different cities and is leasing over 1700 apartments annually. Premico employs over 40 real estate business professionals and has its main office in Helsinki.

Keywords

Contacts

Images

Pekka Averio joins Premico as Senior Advisor. (Picture: Kuva-Ahti Oy)
Pekka Averio joins Premico as Senior Advisor. (Picture: Kuva-Ahti Oy)
Download

About Premico Group Oy

Premico Group Oy
Premico Group Oy
Eteläesplanadi 20
00130 Helsinki

+358 29 007 5050http://www.premico.fi

PREMICO

Premico is a Finnish real estate investment and development Company established in 1963 with four core business areas: residential private equity funds, real estate development, construction management, and property management together with residential leasing services and rental management.

Together with its partners Premico has established eight residential private equity funds with a total investing capacity of 1,3 billion euros. Premico Residential Fund Ky (Premico Asuntorahasto), established in 2016, owns 969 units of new affordable rental apartments. The 2019 established Premico Residential Fund II (Premico Asuntorahasto II) is pursuing to construct approximately 1700 units of new affordable rental apartments in Finnish growth centers by 2023.

During 2010-2019 Premico has constructed over 3000 new rental apartments mainly in the Helsinki metropolitan area. In 2018 Premico in joint venture with Morgan Stanley acquired 1594 rental apartments located in Finnish growth centers.

Premico is managing over 6000 rental apartments in 20 different cities and is leasing over 1700 apartments annually. Premico employs over 40 real estate business professionals and has its main office in Helsinki.

Subscribe to releases from Premico Group Oy

Subscribe to all the latest releases from Premico Group Oy by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Premico Group Oy

Premico ja YIT sopivat 136 kohtuuhintaisen vuokra-asunnon toteuttamisesta pääkaupunkiseudulle ja sen kehyskuntiin17.6.2020 07:45:00 EESTTiedote

Vuokra-asuntoihin erikoistuneen kiinteistösijoitus- ja kehitysyhtiö Premicon hallinnoima Premico Asuntorahasto II Ky ja YIT ovat sopineet 136 kohtuuhintaisen vuokra-asunnon rakentamisesta pääkaupunkiseudulle ja sen kehyskuntiin. Kyseessä on neljän hankkeen kokonaisuus, joista kahden rakentaminen on jo aloitettu. Loput kaksi kohdetta, joista osapuolet ovat allekirjoittaneet esisopimuksen, on tarkoitus aloittaa Q3/20 aikana.

Premico and YIT agree on the construction of 136 affordable rental apartments in the Helsinki metropolitan area and its surrounding municipalities17.6.2020 07:45:00 EESTTiedote

Premico Residential Fund II (Premico Asuntorahasto II Ky), a fund managed by the property investment and development company Premico, has signed an agreement with YIT on the construction of 136 affordable rental apartments in the Helsinki metropolitan area and its surrounding municipalities. The deal involves a set of four projects, two of which have already started. Construction of the remaining two projects for which the parties have signed a preliminary agreement will begin in Q3/20.

Premico ja Lujatalo sopivat 76 kohtuuhintaisen vuokra-asunnon toteuttamisesta Vantaalle – kyseessä ensimmäinen Ympäristöministeriön muovitiekarttahanke asuntotuotannossa. Hanke on hyväksytty Kuntarahoituksen vihreän rahoituksen piiriin.12.6.2020 08:00:00 EESTTiedote

Vuokra-asuntoihin erikoistuneen kiinteistösijoitus- ja kehitysyhtiö Premicon hallinnoima Premico Asuntorahasto II Ky ja Lujatalo Oy ovat sopineet 76 kohtuuhintaisen vuokra-asunnon rakentamisesta Vantaan Asolaan. Kohde on Ympäristöministeriön rakentamisen muovitiekartan pilottihanke, joka toteutetaan Asumisen rahoitus- ja kehittämiskeskuksen (ARA) 10 vuoden korkotukilainalla.

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom