Serena Properties AB

Serena Properties AB was founded by Redito in 2015 and is a real estate company focused on retail properties in the Nordic region. The company is a joint venture between the Swedish real estate company Fastighets AB Balder (56%), the Finnish pension insurance company Varma (43%) and Redito (1%).

Serena has so far built a portfolio consisting of 25 retail properties in Finland and Sweden, corresponding to a volume of SEK 2.5 billion. The properties are located in well-established retail locations with strong tenants, mainly in the grocery and discount sectors. The company aims to continue to grow within the Nordic region. The company is managed by Redito.

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Property segment:
Retail Properties

Investment region:

Number of municipalities:

Number of properties:

Lettable area:
200 000 kvm

Asset Value:
SEK 2,5 billion

Balder (56 %), Varma (43 %) och Redito (1%)