Hemfosa has appointed Pasi Nieminen as Head of Property Management with responsibility for the Finnish property portfolio, which currently comprises properties valued at approximately SEK 1.1 billion. Through the appointment of Pasi Nieminen, Hemfosa is establishing its own organization in Finland. The portfolio in Finland exclusively comprises community service properties. Hemfosa will also continue its existing partnership with Mrec. Pasi Nieminen has extensive experience from the property sector and will join Hemfosa from the Finnish property company Realprojekt Ltd, where he has served as Vice President since 2011, most recently with responsibility for property development. Pasi previously served as the Account Director for Retail Development and Concepts at RV Group PLC and held various roles at H&M, including Leasing Manager in Finland. Pasi Nieminen will assume his new position at Hemfosa in January 2017. Hemfosa will continue its existing partnership with Mrec and Ville Mannila, who will continue to drive the business and remain responsible for transactions.