eQ’s residential fund Oivat Kaupunkikodit Sale of residential portfolio to Catella European Residential III Fund

We advised Oivat Kaupunkikodit Ky, a fund managed by eQ, in the sale of a residential portfolio comprising four housing companies to Catella European Residential III Fund. The properties are located in central locations in Helsinki, Vantaa, Tampere and Turku and were completed between 2021 and 2022.

The portfolio consists of 243 apartments and six commercial units, with a total lettable area of approximately 11,000 square meters. Furthermore, the SFDR Article 9 compliant residential portfolio will undergo significant energy efficiency improvement measures in the future, for example through new solar panel systems.