OP-Public Services Real Estate Fund

Steady return from Finnish public services real estate

WHAT'S NEW

We will suspend orders for real estate funds

OP-Rahastoyhtiö Oy:n hallitus on päättänyt 31.12.2024 väliaikaisesti keskeyttää OP-Palvelukiinteistöt -erikoissijoitusrahaston rahasto-osuuksien lunastukset ja merkinnät.

Keskeytys on väliaikainen, ja seuraamme markkinatilannetta tarkasti. Pyrimme käynnistämään merkinnät ja lunastukset uudelleen heti, kun kiinteistömarkkinoiden tilanne vakautuu.

Lisätietoa rahaston väliaikaisesta keskeytyksestä löytyy aiheen uutisesta: Keskeytämme kiinteistörahastojen merkinnät ja lunastukset väliaikaisesti.

The fund provides high-quality real estate investments with good rental yield

Despite the temporary suspension of subscriptions and redemptions for the fund, professional portfolio management for the fund will continue in a normal way.

The OP-Public Services Real Estate Fund focuses on real estate that supports services critical to the functioning of society. Its investment targets include a wide range of properties from schools to public administration buildings and senior service apartments. The fund is particularly suitable for long-term investors who seek higher returns than the bond market and accept the risks associated with illiquid investments.

The OP- Public Services Real Estate fund has over 50 investment targets located in the Helsinki metropolitan area, university cities, regional centers, and their commuting areas. The fund also acts as a property developer. Most of the properties have been completed or renovated in recent years, so there is hardly any repair debt. Tenants typically take care of the maintenance of the property and its costs. The fund's return mainly comes from long-term leases, usually 10 to 15 years, supporting a stable cash flow. Please note that assets cannot be withdrawn from the fund daily. Buy orders for fund units are executed four times a year and sell orders twice a year.

Sustainability factors influence the investment decisions of the OP-Public Services Real Estate fund. The fund favors energy-efficient building solutions and the use of renewable energy. New targets are built within the existing urban structure, and where possible, old buildings are converted for new purposes.

The fund annually pays unitholders a dividend

	2019	2020	2021	2022	2023	2024	2025
euro	0,43	1,66	2,03	3,14	2,67	3,86	3,41
%	0,43	1,54	1,86	2,76	2,29	3,39	3,06

Information about the fund

The performance is presented for the unit class A of the fund and is based on data from OP Fund Management Company Ltd. Recurring expenses have been deducted from the return presented. Potential subscription and redemption fees have been excluded from the calculations. Please note that past performance does not predict future returns.

OP-Public Services Real Estate Income unit

Portfolio manager's review

The portfolio manager's review is available on the fund's Finnish pages.

More details Basic data, performance and fact figures

Basic data

Fund manager: OP Real Estate Asset Management Ltd
Benchmark index: No benchmark index
Start date: 01.11.2017
ISIN: FI4000281738
fund serie: Income unit
Fund size: 332 Meur
Serie value (30.06.): 108,69 EUR
Monthly review: Download
Key Information Document: Download
Rules: Download
Sustainability data: Download
Prospectus: Download

Accumulated profit (30.06)

	1mth	3mth	6mth	1 y	3 y p.a.	5 y p.a.
OP-Public Services Real Estate B	-	−0,06 %	+0,69 %	+1,98 %	+0,87 %	+3,08 %
Benchmark	-	-	-	-	-	-

Yearly performance

	2020	2021	2022	2023	2024	YTD
OP-Public Services Real Estate B	+2,70 %	+6,33 %	+5,08 %	+0,18 %	+1,21 %	+0,69 %
Benchmark	-	-	-	-	-	-

Key figures

	Volatility 12 m	vola 12m	Sharpe 12 m	Duration
OP-Public Services Real Estate B	1,32 %	-	-
Benchmark index	-	-	-

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This is a marketing communication. OP Fund Management Company Ltd and OP Real Estate Asset Management Ltd have prepared this material as background information. The information presented in the material is based on sources that the authors consider reliable. However, the authors cannot guarantee that the provided information or opinions are correct or complete. This material is not intended to provide, and cannot be regarded as, a comprehensive and complete description of the product and the risks involved. Although the material has been prepared with care, and the aim has been to ensure that all the presented information is accurate, the authors and their employees assume no responsibility for the content of the material, and no decisions or agreements should be made based on it.

This material does not include a binding offer or proposal to buy or subscribe for a fund unit, nor does the material or its content form a basis for any agreement or commitments.

OP’s funds are managed by OP Fund Management Company Ltd, which is a fund management company and alternative investment fund manager licensed by the Finnish Financial Supervisory Authority. The fund’s portfolio manager is OP Real Estate Asset Management Ltd, which is an alternative investment fund manager licensed by the Finnish Financial Supervisory Authority]. Investments always involve risks. The value of investments can rise and fall, and the investor may lose part of or all the invested funds. Past performance does not predict future returns. The potential future performance is subject to taxation which depends on the personal situation of each investor and which may change in the future. Before making an investment decision, take all the characteristics or objectives of the special common fund into consideration, as described in the fund prospectus for OP funds and other documents related to the special common fund. Please refer to the special common fund’s Key Information Document, the fund prospectus and rules before making any final investment decision. The main risks associated with special common funds can be found in the Key Information Document, and a more detailed list of risks in the fund prospectus. The Key Information Documents and rules for special common funds are available from the Asset Manager and website. The fund prospectus is available on the website. The above materials are available in Finnish, Swedish and English. Copying, publishing or distributing this material to a third party in full or in part is not permitted without written permission from OP. By accepting this material, you agree to follow the above instructions and restrictions.

This material is a translation. If there are any discrepancies between the translation and the original Finnish material, the Finnish material shall prevail.