eQ FINNISH REAL ESTATE SELLS SEVEN PROPERTIES FOR 100 MILLION EUROS
PRESS RELEASE
10 December 2020, 2:45 pm
Special Investment Fund eQ Finnish Real Estate (AIF) announces the sale of seven properties in Helsinki, Tampere, Turku and Seinäjoki regions to Cibus Nordic Real Estate AB with a closing aimed for December 2020.
eQ Finnish Real Estate was launched in 2014. The fund has grown rapidly, becoming a major retail and office property owner in Finland with real estate assets under management at approximately 1.1 billion euros at the end of September 2020. The fund has a concentrated real estate portfolio with a majority of properties located in Helsinki and Tampere. The announced transaction is the first major real estate portfolio sale from the fund.