10.10.2022
TAALERI REAL ESTATE PRESS RELEASE 10 OCTOBER 2022 AT 8:45 (EEST)
Timo Metsälä appointed Property Development Director for Taaleri Real Estate
Timo Metsälä has been appointed Property Development Director for Taaleri Real Estate. Metsälä moves to Taaleri from the real estate investment company Antilooppi Management, where he worked as Property Development Director. Before that, he worked for a long time at the consulting company WSP Finland in various positions.
Metsälä has about 15 years of versatile experience in real estate planning and development and project management. At Taaleri, Metsälä is responsible for the real estate and project development activities provided for the real estate funds and mandates managed by Taaleri, as well as the ESG management of the real estate business. Metsälä has been appointed as a member of Taaleri Real Estate’s management team, and he is also partly responsible for the development of the business and its new investment products. Metsälä will start his position on 10 October 2022.
“Timo plays a significant role in executing the real estate business's growth strategy and in our goal to be a leading provider of sustainable impact real estate investment products. I am excited to have a strong property and project development professional like Timo to join our real estate team. We have been very active in the transaction market, and investments in turn-key projects and developments make up a significant part of our investment volume, so Timo's expertise is a very strong addition to our internal resources,” says Essi Sten, Managing Director of Taaleri Real Estate.
Taaleri's real estate business includes Taaleri's real estate funds, portfolios managed with mandate-based contracts, and Taaleri's strategic balance sheet investments that support the real estate business. Taaleri has an experienced real estate organization of more than 10 people, whose core expertise covers the entire life cycle of funds and investments from acquisition to exit. The organization currently manages 12 different real estate funds and mandates and their real estate assets of over 800 million euros. Taaleri's newest real estate fund, Taaleri Housing Fund VIII, is in the fundraising phase and has actively made investments during 2022.
For further information, please contact:
Essi Sten, Managing Director, Taaleri Real Estate, + 358 40 746 2202
Taaleri in brief
Taaleri is a Nordic investment and asset manager with an emphasis on renewable energy and other alternative investments. We channel capital towards economically profitable undertakings that have a lasting positive impact on the environment and society. We combine capital with talent, expertise, entrepreneurship, and a bold sense of purpose. We are a signatory of the UN Principles for Responsible Investment (UNPRI) since 2010, and we joined the Net Zero Asset Managers initiative in 2021. Taaleri’s vision is to be a Nordic forerunner in alternative investments focusing on sustainability.
Taaleri has two business segments: Private Asset Management and Strategic Investments. Private Asset Management consists of renewable energy, real estate and bioindustry businesses. The Strategic Investments segment includes Garantia Insurance Company Ltd.
Taaleri has EUR 2.4 bn of assets under management in its private equity funds and co-investments. The company has approximately 120 employees. Taaleri Plc is listed on Nasdaq Helsinki.