Asset manager raises new fund: Targeting Nordic real estate totaling nearly EUR 937.2m

European asset manager launches its biggest fund to date, with capacity to purchase real estate totaling about EUR 937.2m in the Nordics. 20-25 percent of assets are designated office and logistics acquisitions in Denmark, the CEO explains to EjendomsWatch.

Visualisering af hvordan DSB's gamle godsterminal på Kalvebod Brygge i København kommer til at se ud, når Genesta er færdig med totalrenoveringen af den. | Photo: PR

BY SACHA SENNOV

Asset manager Genesta announced 18 months ago that the company was ready with its biggest real estate fund to date.

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Asset manager raises new fund: Targeting Nordic real estate totaling nearly EUR 937.2m

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager