Varma Invests in eQ Community Properties Fund
Deal News | Apr 08, 2025 | EQ Varainhoito Oy
The Special Investment Fund eQ Community Properties, Finland's largest owner and developer of social infrastructure properties, has acquired a school property in Niittykumpu, Espoo from Varma, a Mutual Pension Insurance Company. Concurrently, Varma has made an investment in the eQ Community Properties Fund. The property’s primary tenant is the City of Espoo, with the premises used by Niittykumpu School. The fund aims to invest in high-quality social infrastructure in Finland, with a strong focus on the Helsinki metropolitan area. Jennifer Eloheimo, Head of Real Estate Investments at eQ, expressed gratification at welcoming Varma as an investor. Varma, represented by Sampsa Ratia, views the collaboration as beneficial for reinforcing its position in the social infrastructure sector. The value of the fund's property portfolio stands at approximately EUR 1.7 billion as of June 30, 2025, with a net asset value of EUR 1.1 billion.
Sectors
- Real Estate
- Pension Funds
Geography
- Finland – Both eQ Community Properties Fund and Varma operate within Finland, focusing on real estate investments, particularly in the Helsinki metropolitan area.
- Espoo – The school property transaction occurred in Niittykumpu, Espoo, part of the Helsinki metropolitan area.
Industry
- Real Estate – The article discusses investments and property transactions in the real estate sector with a focus on social infrastructure properties.
- Pension Funds – Varma is a pension insurance company, and their investment strategy and collaboration with eQ include significant pension fund investment elements.
Financials
- EUR 1.7 billion – The value of eQ Community Properties Fund's property portfolio as of June 30, 2025.
- EUR 1.1 billion – The Net Asset Value (NAV) of the eQ Community Properties Fund as of June 30, 2025.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| eQ Community Properties Fund | Acquiring Company | Company | A special investment fund focused on social infrastructure properties in Finland. |
| Varma Mutual Pension Insurance Company | Selling Company/Investor | Company | A Finnish pension insurance company that has invested in the eQ Community Properties Fund. |
| City of Espoo | Tenant | Government | The main tenant of the school property involved in the transaction. |
| Jennifer Eloheimo | Head of Real Estate Investments at eQ | Person | Responsible for real estate investments and commented on the fund's strategy. |
| Sampsa Ratia | Investment Director at Varma | Person | In charge of real estate investments, noted the collaboration’s alignment with Varma's strategy. |