OP-Public Services Real Estate Fund
Steady return from Finnish public services real estateThe 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 Please note that assets cannot be withdrawn from the fund daily.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 |
The portfolio manager's review is available on the fund's Finnish pages.
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
- 323 Meur
- Serie value (30.09.)
- 110,06 EUR
- Monthly review
- Download
- Key Information Document
- Download
- Rules
- Download
- Sustainability data
- Download
- Prospectus
- Download
Accumulated profit (30.09)
| 1mth | 3mth | 6mth | 1 y | 3 y p.a. | 5 y p.a. | |
|---|---|---|---|---|---|---|
| OP-Public Services Real Estate B | - | +1,26 % | +1,20 % | +2,48 % | +0,53 % | +3,25 % |
| 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 % | +1,95 % |
| Benchmark | - | - | - | - | - | - |
Key figures
| Volatility 12 m | vola 12m | Sharpe 12 m | Duration | |
|---|---|---|---|---|
| OP-Public Services Real Estate B | 1,89 % | - | - | |
| Benchmark index | - | - | - |
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 Pohjola'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 Pohjola funds and other documents related to the special common fund. Only make your investment decision after reading the special common mutual fund's Key Information Document, the funds prospectus, and the rules of the fund. These are available from your asset manager or at op.fi/all-funds. The main risks associated with the special common mutual funds can be found in the Key Information Document, and a more detailed list of risks is presented in the funds prospectus. A summary of investors' rights can be found at op.fi/ops-fund-publications. These documents 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.
