On redemptions and payment schedules of eQ’s real estate funds
The Special Investment Fund eQ Community Properties will pay part of the redemptions submitted before 31 December 2024, i.e. those with a redemption date of 30 June 2025 and an original payment date that would have been July 2025.
Unfortunately, the redemption orders with a 31 December 2025 redemption date in both the eQ Community Properties Fund and the eQ Commercial Properties Fund, as well as their payment dates, will have to be postponed in accordance with Section 8 of the funds’ rules. The redemptions will be executed at a later date to be announced separately and will be paid at the fund unit value calculated at that time. No action is required from the unit-holders as a result.
There have been delays in the payment of redemptions in our real estate funds due to exceptional market conditions. It is important to note that this is not an issue related to the operation of the funds or the quality of the properties, but rather an exceptional period affecting the entire real estate market. The funds are operating normally and have remained open at all times—only the redemption payment schedules have had to be postponed in order to ensure prudent long-term fund management and the equal treatment of all unit-holders.
Real estate investments are inherently long-term in nature and play an important role in a diversified investment portfolio. Although the current market situation requires patience, in our view the role of real estate investments as a source of stability and diversification benefits has not changed.
