Serena Properties is a newly formed real estate company with a portfolio of 21 commercial retail properties in 14 mid-sized towns in Finland.
(From Ratos's interim report January-June 2016)
- Favourable trend in terms of rental income and profitability with several leases extended
- Active management of the real estate portfolio initiated with a focus on developing the respective retail areas and streamlining the portfolio. A small property was sold for EUR 2.3m, which exceeded the valuation at the time of Ratos’s acquisition
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