Brunswick Real Estate says Nordic debt fund no challenge to banks
The supply of property financing in the Nordics has historically been dominated by a few banks. But this is bound to change, according to Brunswick Real Estate. The firm has raised the region's largest real estate debt fund, but says it should be seen as a supplement and not a challenger to the banking sector.
Stockholm-based Brunswick Real Estate has held the final close of its second senior debt fund, raising SEK 6.6 billion (EUR 0.64 billion) capital. In comparison, the first fund, which closed in March 2015, reached EUR 0.18 billion.
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