Fastighets AB Balder (publ) announced that during the autumn, it will start its own property management organisation in Finland. This is in order to more effectively and cohesively manage the company's wholly-owned properties together with the properties which are owned through Serena Properties AB. Juha Lehtonen has been appointed as the CEO of Balder Finland and is now starting the work on building up the new organisation.

The property portfolio in Finland that Balder will manage in-house consists of 66 commercial properties in the retail, office and hotel segments. The work on creating the new property management organisation has begun and Juha Lehtonen has been appointed CEO of Balder Finland. Juha Lehtonen, through his own company, has managed Balder's portfolio in Finland since 2014 and is well familiar with Balder's business concept and the already wholly-owned properties.

Juha will also continue to work with commitments in his own company Bridge Properties Oy.