The latest global real estate debt fund numbers from data provider Preqin show a decline in investor interest into real estate debt funds. In June 2017, more than a quarter (26 percent) of investors were targeting the strategy over the next 12 months: a year later in June 2018, just six percent of investors were planning to invest in the asset type over the coming year, according to Preqin.
This year, Stockholm-based Brunswick Real Estate in June held the final close of its second senior debt fund, raising SEK 6.6 billion (EUR 640 million) of capital, making it the region's largest real estate debt fund. In comparison, the first fund, which closed in March 2015, reached EUR 180 million.
More from AMWatch
Starting next year, companies will be required to divulge the proportion of investments and revenue which can be classed as sustainable. This is meant to provide institutional investors with far better means to push carbon-intensive businesses in a greener direction, says ATP about vastly improving its active ownership.
Through a partnership with Max Matthiessen and its fund firm Navigera, Swedish customers can get access to one of Goldman Sachs Asset Management’s active equity strategies. It’s one that is based on the rise of a powerful consumer force, portfolio manager Laura Destribats says during a Stockholm press meet.