August 29, 2012 - Assignment

Nordic Real Estate Partners has secured a first closing of EUR 121 million for Nordic Retail Fund

Nordic Real Estate Partners has secured a first closing of EUR 121 million for NREP Nordic Retail 2 AB, their second Nordic retail real estate fund. The fund will primarily invest in real estate focusing on necessity driven retail businesses in growth cities located in the Nordic region. The fund is structured as a Swedish corporation. The investors participating in the first closing are nine Northern European institutions.

Nordic Real Estate Partners was advised by Mannheimer Swartling in connection with the establishment of the fund. The firm’s team was led by Peter Alhanko, primarily assisted by Jonas Andersson, Christopher Arkbrant, Johan Frost Bergman and Anna Rundblom. Martin Nilsson, assisted by Carl Beyer, advised on tax issues.