Kojamo trades up after €282m selldown
Two of the largest pension insurers in Finland have offloaded €283m of stock in Kojamo, a housing rental company in the country, tapping into yield driven demand for residential property companies during the pandemic.
The sale, which was launched after the market close on Wednesday evening, consisted of 15m shares in Kojamo. Ilmarinen Mutual Pension Insurance Co and Varma Mutual Pension Insurance Co were the selling shareholders.
JP Morgan and Kempen & Co were bookrunners on the transaction.At the ...