- The combined gross asset value of the 22 Finnish special investment funds investing in property stood at €9.3 billion at the end of June 2025. The total GAV continued to decline in the first half of the year due to both divestments of properties as well as the decrease in the market value of existing properties.
- The Finnish property market activity picked up during the first half of the year, and by the end of August, the total transaction volume had exceeded that of the entire year 2024. The increase in market activity has also enabled special investment funds to implement sales of properties and to pay out pending redemption requests in a manner that protects the interests of investors.
- The total return of special investment funds investing in property amounted to an average of -1.3 per cent in the first half of 2025. The return consisted of a profit share payment of 2 per cent and a change in value of -3.3 per cent.
The review, created in collaboration with special investment fund managers, KTI and Rakli, aims to increase transparency and improve comparability among special investment funds investing in real estate.
Read more from the newly published review. You can order the review below free of charge.
More information:
Hanna Kaleva, managing director, KTI Kiinteistötieto Oy
Tel. +358 40 5555 269
hanna.kaleva@kti.fi





