London & Regional Properties Acquire Dividum Hotel Property Company In Finland | Helsingin Sanomat
Foreign investors' interest in the Finnish real estate market continues. On Tuesday, British property investment company London & Regional Properties (L&RP) announced that they would acquire the Finnish real estate firm Dividum in its entirety. Dividum is a real-estate investment company that specialises in the ownership and development of hotel properties. The Dividum shareholders Nordea Group, Sampo Group, the insurers Ilmarinen, and the estate of the now-defunct former Kansa insurance company, together with the British buyer, have agreed not to disclose the price of the transaction. Nordea's share of Dividum was 47%, while Sampo, Kansa's estate, and Ilmarinen owned 33, 16, and 4 percent of the firm respectively.
