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eQ Community Properties Fund acquired properties from Ilmarinen

The article from The Manila Times, published on January 8, 2025, discusses the acquisition of properties by EQ Community Properties Fund from Ilmarinen, a Finnish pension insurance company. The transaction involved EQ Community Properties Fund purchasing a portfolio of properties, which includes office buildings, retail spaces, and residential units, strategically located in key urban areas. This acquisition is part of EQ's strategy to expand its real estate holdings and diversify its investment portfolio. The deal not only enhances EQ's presence in the Finnish market but also aligns with Ilmarinen's strategy to rebalance its investment portfolio by divesting from certain real estate assets. The specifics of the financial terms were not disclosed, but the move is seen as beneficial for both parties, providing EQ with high-quality assets and Ilmarinen with liquidity for further investment opportunities.

Read the Full manilatimes Article at:
[ https://www.manilatimes.net/2025/01/08/tmt-newswire/globenewswire/eq-community-properties-fund-acquired-properties-from-ilmarinen/2033038 ]