Seven existing institutional investors from the Nordics and Germany support the first close of Alma’s fourth Nordic value-add real estate fund, which is targeting €500 million of equity capital and has already started investing.
Alma Property Partners held a first close of €160 million for Alma IV, the firm’s fourth diversified Nordic value-add real estate fund. The first close was completed with commitments from seven institutional investors from the Nordics and Germany, all of which invested in Alma’s prior funds. Alma IV is targeting total equity capital of €500 million and represents the next step in the continued growth of Alma’s Nordic investment platform.
Source: press release received 29 Sep 2026