Retta Management acquires KJ-Kiinteistöjohto

Real estate management company, Retta Management Oy, has acquired KJ-Kiinteistöjohto Oy operating in real estate management markets in southern Finland. Retta Management is a subsidiary of Retta – the largest real estate brokerage and management company in the Nordics. The acquisition is part of Rettas’s growth strategy and the goal to grow its footprint in real estate management as well as to develop excellent customer experience.

The transaction between KJ-Kiinteistöjohto and Retta Management was closed on Tuesday 13.10.2015. KJ-Kiinteistöjohto will be part of Retta Management, but will continue to operate separately headed by Sanna Paukku, the current CEO of the company. KJ-Kiinteistöjohto specializes in providing expert services in asset, property and facility management. The company was founded in year 2000 by Rakennusosakeyhtiö Hartela and Tuta-Sijoitus Oy and manages today approximately 900 000 m2. The 2014 turnover was circa 4 million euros and the company employed some 25 experts.

Targeting continuous development of real estate management services

Joining forces with KJ-Kiinteistöjohto supports Retta Management’s growth strategy as well as the strong focus to develop better customer experiences via knowledgeable experts. ”We want to strengthen our real estate management services across the country. KJ-Kiinteistöjohto has a strong position in the southern Finland. Now the customers of KJ-Kiinteistöjohto can also benefit from our established nationwide network while maintaining the benefits of agile customer service” says SVP of Retta Management, Lea Jokinen.

”We have grown our business over the years and decided that Retta and its subsidiary Retta Management are the right partners to further strengthen the development. The largest player in the real estate brokerage and management industry can offer our customers benefits such as a wide expert network, broader service portfolio and nationwide coverage”, notes Hartela’s executive vice president, Kimmo Aspholm.

The acquisition is important for the whole Retta. ” KJ-Kiinteistöjohto acquisition is an integral part of our growth strategy. We believe this to strengthen our competitiveness in real estate and property management even further going forward”, says the CEO of Retta, Matti Bergendahl.

Further information:

Lea Jokinen, SVP Retta Management Oy, tel. 040 821 0859
Matti Bergendahl, CEO, Retta Oy, tel. 040 833 5461
Kimmo Aspholm, executive vice president, Rakennusosakeyhtiö Hartela, tel. 050-2271

Retta Management is part of Retta which is the largest real estate brokerage and management company in the Nordics. Retta has six subsidiaries: Huoneistokeskus, SKV Kiinteistönvälitys, Huom! Huoneistomarkkinointi, Retta Isännöinti and Retta Management as well as the Baltic subsidiary Ober-Haus. The annual turnover of Retta is approximately 100 million euros and the group employs over 1 600 experts. All companies share the goal to create excellent customer satisfaction via its experts and services. www.retta.fi  

KJ-Kiinteistöjohto is a Finnish private company that specializes in managing demanding commercial and business properties and in providing expert services in the real estate business sector. The company’s key operations are asset, property and facilities management and taking responsibility on behalf of the client. www.kiinteistojohto.fi