Mrec Investment Management Oy will be the local operating partner of Public Property Invest ASA (“PPI”) in Finland within the social infrastructure segment.

PPI is a Norwegian property company with a long-term strategy of owning, operating and developing social infrastructure properties and is listed on the Oslo Stock Exchange.

“This announcement is a great way to start the new year, and we look forward to a strong cooperation with PPI” says Ilmo Jäntti, CEO, Mrec Investment Management Oy.

For further details, please contact:

Ville Mannila, Group CEO

ville.mannila@mrec.fi

+358 50 305 5982

Ilmo Jäntti, CEO

Ilmo.jantti@mrecim.fi

+358 40 723 4424

https://publicproperty.no/en/investor-relations/press-release?slug=ppi-acquires-two-elementary-school-properties-in-espoo-in-finland