The robust growth of real estate funds managed by eQ Asset Management Ltd continues. The value of real estate assets managed by eQ Care, eQ Finnish Real Estate and eQ Forest already stands at approximately 900 million euros.

eQ Care was launched in 2012, eQ Finnish Real Estate in 2014 and eQ Forest in 2016. eQ Care and eQ Finnish Real Estate are open for new investments quarterly and semi-annually for redemptions. eQ Forest was launched by selected seed investors and the fund aims to invest a total of 50 million euros in forest assets by the end of 2017. Thereafter, the fund will be opened to public for new investments and redemptions on a semi-annual basis.

eQ has hired new professionals to support the growth of real estate investment business. Markku Laulumaa, M.Sc. (Agriculture and Forestry), has been appointed Investment Director of eQ Forest. Arimo Leppä (LL.M) joined the team as Transaction Manager and Anne Dahl (BA, EMBA) as Leasing Director. They all bring strong and diverse experience from the real estate business to the team. Previously, Leppä worked in Castren&Snellman and Dahl in Citycon and Peab Invest.

eQ has now an investment team of seven professionals managing eQ Forest, eQ Care and eQ Finnish Real Estate backed up by a professional team in eQ’s Fund Administration.

“2016 has been a year of robust growth for eQ’s real estate funds and investors continue to be interested in our funds, especially now that the environment for fixed income investing has become increasingly challenging. The funds have made acquisitions for over 400 million euros so far this year. The latest acquisitions for eQ Finnish Real Estate were an industrial property in Hämeenlinna and a patient hotel in Tampere. eQ Care acquired a vocational educational property leased for City of Helsinki, an eye clinic in Tampere and a private hospital in Helsinki. All these properties display the strong characteristics of long leases and high quality tenants. eQ Forest has also made its inaugural investments. Laulumaa, Leppä and Dahl will provide an excellent complement to our investment team, concludes Tero Estovirta, Head of Real Estate Investing at eQ asset Management Ltd”.

Helsinki 12 December 2016

eQ Asset Management Ltd

For further information:

Tero Estovirta, Head of Real Estate Investments, eQ Asset Management Ltd, tel. +358 50 593 6194 / tero.estovirta(at)eQ.fi