EQT Sells Telus Digital Stake for $250M; Market & Real Estate Tech Covered

According to Dagens Industri, investment firm EQT has divested its stake in Telus Digital for $250 million. The publication also explored strategies for navigating market volatility and technological advancements within the real estate sector. Amidst economic uncertainty, marked by stock market downturns, inflation, and rising interest rates, Lars Söderfjell, Head of Equities at Ålandsbanken Fonder, advocates for strategic consistency. Söderfjell emphasizes that historical performance supports maintaining a predetermined strategy during turbulent periods. He cautions investors against the common pitfalls of emotional reactions, driven by fear or euphoria, during sharp market fluctuations. To mitigate these risks, Söderfjell advises investors to pre-determine their individual risk tolerance and asset allocation, such as the percentage of equities in their portfolio, *before* volatility emerges. He further discourages market timing, citing its extreme difficulty even for seasoned professionals, and suggests that adhering to a long-term investment plan yields superior results. In the property technology sphere, Heba Fastighets AB has been recognized as a digital innovator for its proactive building management approach. The company leverages digital twins and real-time controls to anticipate and address potential faults before they manifest. CEO Patrik Emanuelsson highlighted the company's objective to enhance efficiency for both tenants and employees by identifying issues proactively. Heba's digital infrastructure was developed incrementally, beginning with data rooms for consolidating property information. This was followed by the creation of digital twins, which are 3D models enabling detailed monitoring of components, serial numbers, and service histories. The company also analyzes maintenance requests in real-time to detect patterns and utilizes IoT sensors for critical equipment to self-report imminent failures. Emanuelsson refers to this integrated system of digital support tools as 'smart förvaltning' (smart management).