eQ Fund Management Company Ltd unfortunately have to postpone the redemption payment date of eQ Community Properties Fund and eQ Commercial Properties Fund in accordance with § 8 of the fund rules. The postponement concerns redemption orders for the redemption date of June 2025. The redemptions will be executed later at a time to be announced separately, based on the fund unit value calculated at that time. The fund unitholders are not required to take any action. 

Current Situation of the Real Estate Market

The total transaction volume in the Finnish real estate investment market remains low compared to normal levels. However, there are signs of increasing activity, particularly in the social infrastructure property segment. Demand in the office and retail sectors continues to be subdued. Falling interest rates are a positive factor for the real estate market, but recent uncertainty originating from the United States unfortunately adds to the uncertainty across all asset classes in Europe as well.

The eQ Community Properties Fund has, over the past couple of years, had to postpone redemptions, but these postponed redemptions have mainly been paid with a delay of 1–2 quarters. The eQ Commercial Properties Fund has also postponed redemptions, with a longer delay than that of the eQ Community Properties Fund. Despite the challenging market environment, the eQ Commercial Properties Fund has been able to execute individual transactions, although the fund’s capital has so far been primarily used to strengthen its financial position.

None of eQ’s real estate funds have ever been closed; only the payment of redemptions has been postponed.

The most recent information of eQ Community Properties Fund ja eQ Commercial Properties Fund can be found from: www.eq.fi/fi/funds/eq-yhteiskuntakiinteistot  ja www.eq.fi/fi/funds/eq-liikekiinteistot

Fund unitholders who want to request the cancellation of their redemption, may submit a redemption cancellation request to eQ Fund Management Company. The request to cancel the redemption can be submitted until the redemption has been executed, and can be submitted either by contacting the customer account manager or by e-mail asiakaspalvelu(at)eq.fi

More information is available from your customer account manager and eQ Customer Service asiakaspalvelu(at)eq.fi, tel. 09-6817 8700. 

Kind regards,