eQ Group has launched its second residential property fund - eQ Finnish Residential Fund II. The fund has raised EUR 27 million in the first closing held on February 18, 2022, enabling close to EUR 100 million investment capacity. Investment activities have started and fund raising will continue in the spring.

The target commitment size for the fund is similar to the first eQ Finnish Residential Fund EUR 100 million, which enables over EUR 300 million in investments. eQ Finnish Residential Fund II will invest in residential real estate in the Helsinki Metropolitan Area, in Tampere and in Turku. The fund targets complete residential buildings and aims to manage approximately 1,500 rental units in total.

The fund is restricted to professional investors only in a closed end fund structure.