Trevian

What Trevian does

Trevian Asset Management Oy is a Finnish real estate investment and asset management firm founded in December 2012 and headquartered in Helsinki. The company provides full-service real estate asset management and structured investment services across the entire investment lifecycle, including property acquisition advisory, ongoing asset management, and disposal advisory. Trevian manages approximately 1.2 billion EUR in real estate assets and executes roughly 200 million EUR in annual transaction volume, serving institutional real estate investors, banks, and professional investors in Finland. The portfolio spans office, retail, residential, logistics, and healthcare properties across Finnish cities including Helsinki, Tampere, Oulu, Rovaniemi, Turku, Jyväskylä, Kuopio, and Pori.

Revenue is generated through three principal streams: recurring asset management fees on managed portfolios, investment management fees for structuring and managing real estate investments, and transaction fees on acquisitions and disposals. Pricing is negotiated bilaterally and is not publicly disclosed. Trevian positions itself around local market expertise, ESG credentials (GRESB score of 85 and 4 out of 5 stars for Agore Properties in 2025; 98% BREEAM In-Use certification coverage), and full-lifecycle service delivery.

In 2024 Trevian launched the Trevian Real Assets business unit to expand into infrastructure, and in 2025-2026 announced a series of digital and social infrastructure projects: the AI-ready Campus Oulu data center with Glesys (initial 8MW, expandable to 300MW), the Oulu Experience Arena consortium with SRV (completion targeted 2030), corporate acquisition of Helsinki-halli (Veikkaus Arena), and the Skanssi shopping center co-investment with Swiss Life Asset Managers. Trevian is privately held and owned by its key personnel, led by CEO Reima Södervall.

Name

Trevian

Legal name

Trevian Asset Management Oy

Website

https://trevian.fi

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Trevian is a Finnish real estate investment and asset management firm managing approximately 1.2 billion EUR in assets for institutional investors, providing acquisition advisory, asset management, and disposal services across office, retail, healthcare, and increasingly digital and social infrastructure in Finland.

Ownership category

akta.pro rank

Product category

Real Estate Asset Management

NAICS

Other Financial Vehicles (52599), Miscellaneous Financial Investment Activities (523999)

SIC

Real Estate (6500), Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Real Estate Transaction Advisory & Due Diligence (FSAEAJAJ)

akta.pro secondary industry

Real Estate Secondaries (FSANAFAH)

Keywords

• Real estate asset management
• Commercial property investment
• Property acquisition advisory
• Property sale advisory
• Real estate portfolio management

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Asset Management Fees: Trevian earns fees for managing real estate portfolios on behalf of institutional investors and other clients. Services include property management, tenant relations, and portfolio optimization.
2. Investment Management Fees: Fees for structuring and managing real estate investments, including acquisition, development, and disposal services for clients.
3. Transaction Fees: Fees generated from property transaction activities including acquisitions and disposals within managed portfolios.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Trevian is a Finnish commercial real estate investment and asset management company that provides full-service asset management and structured investment services to institutional investors, banks, and professional clients across the entire investment lifecycle, from property acquisition advisory through ongoing asset management to property disposal. The firm manages approximately 1.2 billion EUR in real estate assets and executes roughly 200 million EUR in annual transactions across office, retail, residential, logistics, and infrastructure properties in Finland, complemented by a Trevian Real Assets unit covering digital infrastructure (data centers) and social infrastructure (arenas).

Product overview

Trevian Asset Management is a Finnish real estate investment and asset management company offering a comprehensive suite of services including property acquisition advisory, asset management, and property sale advisory. The company manages approximately €1.2 billion in real estate assets across Finland, focusing on office spaces, retail properties, residential, logistics, and infrastructure. The portfolio includes managed properties such as Erottaja2, Iso Paja, Tullintori, and Kauppakeskus Revontuli, as well as shopping centers like Skanssi and Lanterna. Trevian has expanded into infrastructure with its Trevian Real Assets business unit, which encompasses data center development (Campus Oulu), and social infrastructure projects like the Oulu Experience Arena.

Differentiator

Problem solved

Functional benefit

Products and services

• Kiinteistöjen ostoneuvonanto (Property Acquisition Advisory) Property acquisition advisory services provided to institutional clients, pension funds, banks, and professional investors for purchasing commercial real estate assets in Finland.
• Kiinteistövarainhoito (Property Asset Management) Property asset management services covering the full investment lifecycle from acquisition through ongoing management to disposal, for institutional clients managing ~1.2 billion EUR in assets across office, retail, residential, logistics, and infrastructure.
• Kiinteistöjen myyntineuvonanto (Property Sale Advisory) Property sale advisory services assisting institutional clients, pension funds, banks, and property owners in disposing of commercial real estate assets in Finland.
• Trevian Real Assets Infrastructure business unit focusing on digital infrastructure (data centers), energy production, and social infrastructure for institutional investors and infrastructure operators, including data center development projects and arena/social infrastructure.
• Campus Oulu AI-ready data center campus under development in Oulu, Finland, providing scalable, liquid-cooled colocation capacity to digital infrastructure and data center operators, with first phase delivery in autumn 2026.
• Oulu Experience Arena

Quantifiable outcome

• 1.2 billion EUR in real estate assets under management
• +5 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• GlesyscoreStrategic or Co-development Partner · 9 June 2026Partnership to establish Campus Oulu, an AI-ready data center campus in Oulu, Finland at former Nokia premises. First deployment phase expected ready in autumn 2026 with initial 8MW IT load, modular expansion potential up to 300MW. Facility will support liquid-cooled environments.
• SagaxcoreStrategic or Co-development Partner · 20 November 2025Cooperation agreement to ensure future use of Oulun Rusko property. Partnership combines Trevian's development expertise with Sagax's infrastructure focus.
• SRVcoreStrategic or Co-development Partner · 9 October 2025Raksila 2.0 business consortium (SRV and Trevian Asset Management) selected by City of Oulu to develop Oulu Experience Arena. Multi-purpose arena construction expected to start in 2028 and complete by 2030.
• City of OulucoreOthers · 9 October 2025City of Oulu selected the Raksila 2.0 consortium to develop the Oulu Experience Arena project, contributing to urban development.
• Osuuskauppa ArinaminorStrategic or Co-development PartnerOsuuskauppa Arina joined the development work for Oulu Experience Arena and Raksila area project as a consortium member.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Catella AB: Stockholm-listed Nordic real estate investment manager with property fund and advisory operations across the Nordics — directly comparable in business model (asset management + transaction advisory) and target institutional LP base.
• Niam: Nordic real estate private equity investment manager focused on institutional capital deployment across the Nordics — comparable in fund-of-institutions model and AUM scale, with similar cross-border Nordic expansion ambitions.
• Genesta: Nordic real estate investment management firm founded by ex-Catella professionals — directly comparable in fund management for institutional investors across office, retail and logistics in the Nordics.
• Sveafastigheter: Swedish real estate private equity fund manager investing across the Nordics on behalf of institutional LPs — closely comparable in business model of acquiring, developing and disposing of real estate for institutional investors.
• Capman: Helsinki-listed Finnish private equity and real estate investment manager with a substantial real estate division — directly comparable in geography (Finland HQ) and in managing real estate funds for institutional capital.

Broad incumbents

• Hemsö: Sweden's largest owner of social infrastructure real estate (schools, healthcare, elderly care) — comparable in the social infrastructure segment Trevian has entered via Helsinki Hall/Veikkaus Arena, though at much larger scale.
• Sagax: Stockholm-listed Nordic industrial/logistics real estate company — comparable in the logistics portion of Trevian's portfolio and as an active partner (Oulu Rusko cooperation); larger and more narrowly focused than Trevian.
• K2A Knaust & Andersson: Stockholm-listed Swedish real estate company focused on residential and community service properties — comparable in Nordic residential/community service property exposure within Trevian's portfolio mix.
• Swiss Life Asset Managers: Large European asset manager and existing Trevian co-investor in Kauppakeskus Skanssi — comparable as institutional real estate investor and capital partner; vastly larger and broader in mandate scope.

Regional players

• Aktia Real Estate: Finnish real estate investment vehicle under Aktia Bank — directly comparable in Finnish geography and institutional LP base, though smaller and part of a banking group rather than independent.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/trevian_tweet

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trevian