eQ Residential Fund III Secures EUR 160 Million Refinancing
Deal News | May 06, 2025 | EQ Varainhoito Oy
eQ Varainhoito Oy's Special Investment Fund, known as eQ Residential Fund III, has successfully secured long-term financing to the tune of EUR 160 million from Nordea Bank Abp. The announcement also states that on April 29, 2025, eQ Residential Fund and eQ Residential Fund II transferred their assets to eQ Residential Fund III, thereby commencing its operations. This fund's portfolio is composed of 19 residential properties with nearly 1,400 apartments across the Helsinki Metropolitan Area, Turku, and Tampere, completed between 2021 and 2024. In addition to the refinancing, the fund raised EUR 37 million in new capital, with fundraising efforts expected to continue throughout the year 2025.
Sectors
- Private Equity and Investments
- Real Estate
- Banking and Financial Services
Geography
- Finland – The article mentions residential properties located in the Helsinki Metropolitan Area, Turku, and Tampere, all of which are in Finland, indicating the geographical focus of the activity.
Industry
- Private Equity and Investments – eQ Varainhoito Oy is a private equity firm, and the article discusses its refinancing activities related to its investment funds.
- Real Estate – The article focuses on a portfolio of residential properties under the eQ Residential Fund III, indicating its relevance to the real estate sector.
- Banking and Financial Services – The involvement of Nordea Bank Abp in providing refinancing to the eQ Residential Fund III highlights the role of financial services in the transaction.
Financials
- EUR 160 million – The amount of long-term financing secured by eQ Residential Fund III from Nordea Bank Abp.
- EUR 37 million – The amount of new capital raised by eQ Residential Fund III.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| eQ Varainhoito Oy | Private Equity Firm | Company | A private equity firm responsible for managing the eQ Residential Fund III. |
| eQ Residential Fund III | Target Company | Company | A special investment fund that has secured refinancing and has a real estate portfolio. |
| eQ Residential Fund | Selling Company | Company | An investment fund that transferred its assets to eQ Residential Fund III. |
| eQ Residential Fund II | Selling Company | Company | An investment fund that transferred its assets to eQ Residential Fund III. |
| Nordea Bank Abp | Financial Services Provider | Company | The bank that provided EUR 160 million in long-term financing to eQ Residential Fund III. |