The fund invests its assets in the service infrastructure of education, social services, physical culture and sports, and health care services provided by society and comprising, for example, care services, child day care, education, multipurpose arenas and aided living. The fund also acts as builder of the above-mentioned service infrastructure. The scope of investment includes services needed within the human lifetime.
The fund acts as owner and lessor of the properties and principally does not take part in providing care services. Lessees are both private and public care providers.
The fund employs financial leverage, as is customary in property investment, in order to increase the expected return and diversification. In the base case, leverage is 30% and, in a normal situation, at most 50%. Debt capital is used conservatively and leverage is adjusted actively depending on the market situation and investment needs.
This fund is an income fund. It distributes at least 75% of its realised earnings to unitholders on an annual basis. The share of undistributed earnings remains in the fund, with a view to increasing the fund unit's value. The fund’s realised earnings mainly comprise rental income and possible profits from sales.
The fund's real estate investments are managed by OP Property Management and its liquidity management is ensured by OP Asset Management.