INFORMATION ACCORDING TO THE SUSTAINABLE FINANCE DISCLOSURES REGULATION (“SFDR”) REGARDING ICECAPITAL REAM LTD AND THE FUNDS MANAGED BY IT

ICECAPITAL REAM Ltd is an authorised manager of alternative investment funds in the residential real estate private equity fund business, and it does not invest in its own account. The alternative investment funds managed by ICECAPITAL REAM Ltd are closed-end funds registered as limited partnerships in Finland. More information related to the Sustainable Finance Disclosures Regulation (“SFDR”) can be found on our website (Kiinteistörahastot), in Finnish.

ACTIVE FUNDS

Housing Fund VI

ICECAPITAL Housing Fund VI was established in 2020 with total capital of EUR 480 million, in partnership with institutional and private investors. The fund invests in new residential properties principally in the Helsinki metropolitan area. 

  • ICECAPITAL Housing Fund VI Ky 
  • Established 2020 
  • Total Capital 480 M€ 
  • Equity 145 M€ 

Residential Property Fund II 

ICECAPITAL Residential Property Fund II was established in 2019 with total capital of EUR 165 million. The fund invests in single apartments. 

  • ICECAPITAL Residential Property Fund II Ky 
  • Established 2019 
  • Total Capital 165 M€ 
  • Equity 94 M€ 

Housing Fund V 

ICECAPITAL Housing Fund V was established in 2019 with total capital of EUR 460 million, in partnership with institutional and private investors. The fund invests in new residential properties principally in the Helsinki metropolitan area. 

  • ICECAPITAL Housing Fund V Ky 
  • Established 2019 
  • Total Capital 460 M€ 
  • Equity 140 M€ 

Residential Property Fund I

ICECAPITAL Residential Property Fund I was established in 2014 with total capital of EUR 115 million, in partnership with institutional and private investors. The fund invested in 14 residential properties in the Helsinki metropolitan area and in the Tampere, Turku, Jyväskylä and Oulu regions.

  • ICECAPITAL Residential Property Fund I Ky
  • Established 2015
  • Total Capital 115 M€
  • Equity 38 M€
  • Number of apartments 633

EXITED FUNDS

Housing Fund IV

ICECAPITAL Housing Fund IV was established in 2015 with total capital of EUR 400 million, in partnership with institutional and private investors. The fund invests in new residential properties in the Helsinki metropolitan area.

  • ICECAPITAL Housing Fund IV Ky
  • Established 2015
  • Total Capital 400 M€
  • Equity 120 M€
  • Number of apartments 1 854
  • Exited 2021

Asunto 2015

ICECAPITAL Asunto 2015 was established in 2015 with total capital of EUR 100 million. The fund invests in new residential rental properties in the Helsinki metropolitan area and other main urban growth areas in Finland.

  • ICECAPITAL Asunto 2015 Ky
  • Established 2015
  • Total Capital 100 M€
  • Equity 32 M€
  • Exited 2019

Asunto 2012

ICECAPITAL Asunto 2012 was established in 2012 with total capital of EUR 100 million. The fund invests in new residential rental properties in the Helsinki metropolitan area and other main urban growth areas in Finland.

  • ICECAPITAL Asunto 2012 Ky
  • Established 2012
  • Total Capital 100 M€
  • Equity 32 M€
  • Exited 2017-2019

Housing Fund III

ICECAPITAL Housing Fund III was established in 2012 with total capital of EUR 400 million, in partnership with institutional and private investors. The fund invests in new residential properties in the Helsinki metropolitan area and other main urban growth areas in Finland.

  • ICECAPITAL Housing Fund III Ky
  • Established 2012
  • Total Capital 400 M€
  • Equity 120 M€
  • Number of apartments 1 740
  • Exited 2018

Housing Fund II

ICECAPITAL Housing Fund II was established in 2009 with total capital of EUR 400 million, in partnership with institutional and private investors. The fund invests in new residential properties in the Helsinki metropolitan area and other main urban growth areas in Finland.

  • ICECAPITAL Housing Fund II Ky
  • Established 2009
  • Total Capital 400 M€
  • Equity 120 M€
  • Number of apartments 2 283
  • Exited 2016

Saint Petersburg Residential Fund I

ICECAPITAL’s private equity fund business went international in 2007 with the establishment of the ICECAPITAL Saint Petersburg Residential Fund I, in partnership with three Finnish institutional investors. The fund became fully invested in 2009 with total capital of EUR 45 million. The fund invested its assets in residential properties mainly at economical B-area in St Petersburg by purchasing 276 flats from the building completed in the end of 2009.

  • ICECAPITAL Saint Petersburg Residential Fund I Ky
  • Established 2007
  • Total Capital 45 M€
  • Equity 45 M€
  • Number of apartments 276
  • Exited 2013-2017

Housing Fund I

In spring 2006, ICECAPITAL established Finland’s first closed-end real estate fund investing in residential properties, in partnership with four Finnish institutional investors. The fund became fully invested in 2009 with total capital of EUR 200 million.  Locations are mainly at premium A-area in the Helsinki metropolitan area and in the Tampere, Turku, Jyväskylä, Oulu and Kuopio regions.

  • ICECAPITAL Housing Fund I Ky
  • Established 2006
  • Total Capital 200 M€
  • Equity 60 M€
  • Number of apartments 1 012
  • Exited 2013-2015