LocalTapiola Real Estate Asset Management Ltd

LocalTapiola Real Estate Asset Management Ltd is a property investment and management service company owned by the LocalTapiola Group. It manages approximately one million square metres of properties at a value of roughly EUR 3 billion. LocalTapiola Real Estate Asset Management leases out office, commercial, logistics, hotel and other facilities and apartments in different parts of Finland.

  • Initial situation:

    Before the partnership with Retta Management, LocalTapiola Real Estate Asset Management Ltd carried out property management and rent accounting tasks partly independently and partly as a purchased service. However, the company wanted to focus on its strategic key operations and was looking for an efficient and high-quality partner to produce and develop the aforementioned services.

We have been particularly satisfied with the systematic long-term management of our partnership. In addition, we have reached the goals we have set together.
Reetta Räsänen, Head of Asset Management, LocalTapiola Real Estate Asset Management Ltd
  • Solution:

    LocalTapiola Real Estate Asset Management has worked with Retta Management since 2010 (formerly Corbel Oy). Retta Management's nationwide services cover the technical and general management of commercial facilities of LocalTapiola Real Estate Asset Management, general and rent accounting, payments and corporate management. In addition, the company has worked with Retta Management in terms of long-term plans and modifications required by tenants.

  • Results:

    The partners have adopted an active and goal-driven approach to develop services and operating methods, and they have mainly achieved their mutual goals. Cooperation with Retta Management has been productive in an open dialogue. LocalTapiola Real Estate Asset Management recommends Retta Management as a property management partner.