Funds and separate accounts

Finland’s first real estate fund that has invested in affordable rental housing development utilising the state’s short-term interest subsidy. Between 2017 and 2020, the fund developed nearly 1,000 new affordable rental apartments, mainly in the Helsinki metropolitan area and surrounding municipalities. Premico acts as the alternative investment fund manager for the fund.
• Established: in 2016
• Investment value: approximately €170 million
• Investors include pension companies and funds, trade unions, university foundations, and private foundations
• Investment period: ended

Sister fund to Premico Residential Fund I. Has developed over 400 affordable rental apartments in the Helsinki metropolitan area and surrounding municipalities. Premico acts as the alternative investment fund manager for the fund.
• Established: in 2019
• Investment value: approximately €100 million
• Investors include pension funds, trade unions, university foundations, and private foundations
• Investment period: ended

The Fund develops energy-efficient and operationally carbon-neutral rental apartment buildings in the Helsinki metropolitan area and Turku. The properties are built to energy class A, will seek BREEAM or LEED certification, and comply with the EU Taxonomy requirements for new construction. IQ EQ Fund Management S.A. acts as the alternative investment fund manager for the fund, with Premico serving as the fund’s advisor.
• Established: in 2022
• Investment capacity: approximately €80 million
• Investors include pension companies, trade unions, and foundations
• Investment period: ended

Read also:

– Asunto Oy Helsingin Postinkulku awarded LEED Gold certification
-Premico Residential Fund III brings new high-quality rental homes to Postipuisto, Helsinki
-Premico and Fira have agreed on the construction of a rental apartment building in Postipuisto, Helsinki
-Asunto Oy Espoon Feeniks sets the course for environmentally responsible rental housing
-Premico’s new construction project, Spektri, has been completed in Kruunuvuorenranta