Alma Property Partners has raised nearly €350 million of equity capital for Alma Property Partners III, the firm’s third panNordic opportunistic real estate fund. Alma focuses on commercial and residential property sectors in Sweden, Finland, Denmark and Norway. The investors are mainly institutions from Sweden, Germany and the United Kingdom. The fund has an investment capacity of more than €800 million.
Alma’s third fund has already completed seven acquisitions across three investment strategies and there are several deals that are under exclusivity that will likely be completed in the coming months. All the properties acquired so far are in the light industrial and care sectors in Sweden and Denmark. The fund will be active on the acquisition side over the next few years as less than 10% of the equity has been committed to investments.
Source: https://propertyeu.info/Nieuws/Alma-Property-Partners-raises-350m-for-Fund-III-expects-the-market-to-loosen-up-in-2024/3d234113-0493-409a-aaba-b2caa946705b, on 7.12.2023.