eQ Oyj (EQV1V.HE) News| Reuters.com
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eQ Oyj (EQV1V.HE)

EQV1V.HE on Helsinki Stock Exchange

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Mon, Jun 20 2016

BRIEF-eQ chosen to build close to 80 mln euro private equity program

* The Federation of Finnish Technology Industries, Technology Industries of Finland Centennial Foundation and nine other technical and technology sector foundations and associations (a.ka. TSR Cooperation) have chosen eQ to manage a joint Special Investment Fund investing in Northern European and US private equity funds

BRIEF-eQ Oyj raises EUR 160 million for new fund

* Says has raised 160 million euros ($181.42 million) for new eQ PE VIII North Fund

BRIEF-EQ Q1 operating profit up at EUR 4.1 mln

* Q1 net revenue 9.4 million euros versus 6.5 million euros year ago

BRIEF-EQ acquired five properties for EUR 74 million

* Special Investment Fund eQ Finnish Real Estate (AIF) has acquired five properties from Citycon Oyj for a total value of approximately 74 million euros ($84.84 million)

BRIEF-eQ Q4 net revenue up at EUR 8.8 million

* Q4 operating profit 3.7 million euros ($4.2 million) versus 3.4 million euros year ago

BRIEF-eQ: new equity capital in 2015 over EUR 200 mln

* Said on Thursday strengthens real estate investment team - 2015 a strong year for funds

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