Exposure:
Denmark, Finland, Norway and Sweden
Fund type:
Open-ended
Risk profile:
Core to core+
Target size:
€400m
Return target:
>7%
This is an open-ended fund with core investment profile, investing in a well-diversified portfolio of Nordic commercial property and concentrating on established property locations in Finland, Sweden, Norway and Denmark with a good growth potential. The fund is exclusively tailored to the requirements of institutional investors and qualifies as a special fund. Its shares should be imputable to the premium reserve of German insurance companies.
The target return (IRR) is 7-8% and target dividend is 5-6%, both before individual tax.
Marc Pamin, Fund Manager, +49-(0)69 768072-351
Alexander Tannenbaum, Managing Director, Fund Manager, +49-(0)69 768072-364
Dominic Delaforce, Head of UK Pension Funds, +44 20 7463 6330
Zohra Nazar, Head of Consultant Relations, +44 20 7463 6405
E-mail: firstname.lastname@aberdeen-asset.com