Sustainability risks in Premico’s investment decision-making

Private Pääomarahastot Oy and Premico Asuntorahaston hallinnointiyhtiö Oy (Premico” or the “Companies”) are alternative investment fund managers subject to registration under the Act on Alternative Investment Fund Managers (162/2013) and they are entered in the register of alternative investment fund managers maintained by the Financial Supervisory Authority.

Premico Pääomarahastot Oy is a member of INREV, the European Association for Investors in Non-Listed Real Estate. In its investor reporting, Premico complies with the agreements of the funds it manages and, where applicable, INREV’s guidelines and recommendations. The valuation of private equity real estate funds managed by Premico is based on a property valuation carried out by an authorised real estate valuer outside the real estate portfolios.

For the time being, companies do not assess the main adverse sustainability impacts of their investment decisions in such a way that they could disclose the main adverse impacts of their investment decisions on sustainability factors as referred to in the Article 4 of the EU Sustainable Finance Disclosure Regulation (SFDR).

Given the scale of our companies, we currently consider the assessment, measurement, and reporting of main adverse sustainability impacts practically impossible. However, we regularly review our reporting capacity, and our aim is to incorporate the adverse sustainability impacts of investment decisions in accordance with the Disclosure Regulation in the future.