Newsec has concluded an agreement on the supply of property management services to the eQ Care and eQ Finnish Real Estate special investment funds as of 1 May 2018. The agreement initially covers some 150 care facilities and 30 commercial properties with a combined floor space of approximately 600,000 square metres.
Newsec will supply a broad and diverse service portfolio for these properties, including financial and rent management, technical building management, company administration and project management services.
"This is an excellent sign of confidence in our work. We are delighted at this partnership, and at the opportunity to be involved in managing eQ Real Estate Fund portfolios and supporting their growth," says Miro Karttunen, Head of Newsec Property Asset Management in Finland.
For further details please contact:
Head of Newsec Property Asset Management in Finland
Tel. +358 40 193 1042
The real estate funds of eQ Asset Management have grown rapidly, with property holdings already standing at MEUR 1,336 and the fund investments of clients reaching MEUR 1,038. Two special property investment funds are administered by eQ Asset Management: eQ Care and eQ Finnish Real Estate. These real estate funds are open to subscription at quarterly intervals with redemptions available twice annually. Check the website at www.eq.fi/en/funds for the latest news from eQ Real Estate Funds.