Press release17 March 2026 at 2:30 PM eQ introduced a significant upgrade to the financial reporting of its real estate funds, eQ Community Properties and eQ Commercial Properties, in November 2025. One of the largest real estate fund managers in Finland, eQ reports on its funds in a manner largely comparable to listed real estate companies. Q4/2025 financial reports are enclosed to this release in PDF-format. Currently, listed companies are subject to extensive, regulation-driven financial reporting requir ...

Core Insights - eQ Plc reported a significant decline in net revenue and operating profit for the period from January to September 2025, with net revenue at EUR 42.9 million, down 16% from EUR 50.9 million in the same period of 2024, and operating profit decreased by 30% to EUR 19.4 million from EUR 27.6 million [4][8][23] Financial Performance - The Group's net fee and commission income was EUR 43.7 million, down from EUR 49.8 million [4] - Earnings per share fell to EUR 0.37 from EUR 0.53, reflecting a 30% decrease [3][4] - The Asset Management segment's net revenue decreased by 6% to EUR 42.7 million, while operating profit fell by 12% to EUR 23.6 million [4][12] - The Corporate Finance segment reported a net revenue of EUR 1.0 million, down 77% from EUR 4.3 million, with an operating loss of EUR -1.3 million [3][14] - The Investments segment experienced a significant decline, with net revenue at EUR -1.1 million compared to EUR 0.5 million, and an operating loss of EUR -1.1 million [3][16] Market Conditions - The overall market sentiment remained positive, driven by AI-fueled growth expectations, despite geopolitical and trade policy tensions [6] - Central banks globally continued to cut interest rates, impacting bond yields and corporate bond spreads [7] - The real estate market in Finland showed signs of recovery, although liquidity remained low and yield requirements unchanged [18] Strategic Developments - Jouko Pölönen was appointed as the new CEO of eQ Plc, effective September 1, 2025 [4][17] - eQ Asset Management raised over EUR 225 million for private equity and residential funds during the review period, indicating strong demand despite challenging market conditions [9][10] - The company is focusing on clarifying its strategy and identifying future growth opportunities, with a report expected in early February 2026 [17] Future Outlook - The real estate fund management fees are anticipated to decrease in 2025 compared to the previous year, while private equity fees are expected to increase [19][20] - The recovery of the real estate market is contingent on the Finnish economy and foreign capital inflows [18]