A new fund launched by Amplion Asset Management has acquired a EUR 100 mln real estate portfolio from Varma Mutual Pension Insurance Company of Finland.

A new fund launched by Amplion Asset Management has acquired a EUR 100 mln real estate portfolio from Varma Mutual Pension Insurance Company of Finland.

The ARIF I fund, backed by Finnish institutional investors, is buying 49 properties consists of mainly retail properties with the total leasable area of 127,000 m2.

Nordea and Sampo Bank acted as the arrangers of the loan facilities for the transaction.

The fund has a target investment value of EUR 150 mln.