The Board of Trevian Funds AIFM decided at its meeting on 17 June 2020 to restart accepting subscriptions and redemptions in special investment fund Trevian Finland Properties I. The spread of the coronavirus in Finland has weakened substantially, and the Finnish government decided on 16 June 2020 to abolish the crisis legislation implemented three months ago. The exceptional circumstances in the financial and real estate markets have dissipated to such an extent that there are no longer grounds for the temporary suspension of subscriptions and redemptions described in the fund rules, and the equal treatment of unit holders no longer requires special measures.

The fund had no pending redemptions in the March redemption window, hence the suspension had no impact on the fund’s unit holders’ redemptions. With regard to subscriptions, the suspension only applied to one quarter in the end of March. The fund’s next subscription window is open on 30 June 2020 and the next redemption window on 30 September 2020.

 

ADDITIONAL INFORMATION:

 

Emilia Riikonen, CEO
Trevian Funds AIFM Ltd
tel. +358 50 501 2481
emilia.riikonen@trevianrahastot.fi

 

Reima Södervall, Chairman of the Board
Trevian Funds AIFM Ltd
tel. +358 50 362 7400
reima.sodervall@trevian.fi

 

 

Trevian Funds AIFM was established in 2017 and it has a license under the AIFM Directive. The company is based on Finland’s strongest property portfolio management expertise. Non-UCITS Trevian Finland Properties I is its first fund to invest in strong cash flow and development potential.