Trevian Asset Management Oy has announced that the company has appointed Kim Sars as the Director of the Business Area and member of the management team. Prior to joining the company, Kim Sars served at the Local Tapiola Group for 14 Years. He has also served as the Chief Executive Officer of Alternative Fund. Prior joining the Alternative Fund, he joined the Real Estate Fund Director.
Sharing his thoughts over the new appointment, the company’s new Member of the Management Team and Director of the Business Area, Kim Sars said, “For me, building is part of the development of society, and it needs to be diverse in terms of services. The development of meeting places, especially for young people, is not only important, but also a prerequisite for the development of creativity. There are a lot of one person households today, so small apartments are needed. There is also a need for a denser structure – living close to each other.”
“I don’t prefer sleeping suburbs; they lack village-likeness and community. Residents’ satisfaction is also important for investors. COVID-19 proved again that people want to meet each other whenever possible, and preferably outside their own kitchen. Cities could help meet these needs, for example by providing more relaxed conditions for building smaller homes and easing parking space requirements,” Kim Sars.
“With the new business area, Trevian wants to be involved in developing new residential areas. No way of implementation really limits us; we can build for rent or sale. New values can also be introduced into rental housing, for example green values, e.g. by using geothermal energy. Even if the apartments to build were small, their quality can be high.”
“We are building such a rental housing portfolio for either investors or Trevian as a residential fund. We are most interested in construction projects seeking a partner to provide financing. Our dream and goal would be to implement projects that can be described with `city’ and `green’” Kim concluded.