Nordika raises SEK 2.35 billion in new equity
Nordika, a leading Nordic real estate investment firm, announces the successful fundraising of SEK 2.35 billion from a group of global institutional investors. The capital raise is more than double the equity it raised last time and above its target of SEK 2.0 billion. In a market where fundraising is down 80%, it is a sign of strength, given Nordika’s historic top-tier track record.
Nordika has already committed 25% of the equity in two separate transactions since first close.
Nordika will continue to invest in value-added real estate investments, with a target to deliver opportunistic returns from special situations supported by yielding income assets. The investment mandate includes a broad range of real assets across the Nordic region.
Nordika has proven its ability to repeatedly source and close a large number of transactions with superior returns. Nordika has consistently been ranked in the top positions globally by Preqin.
Nordika will continue its proven real estate investment and asset management activities across the Nordics with offices in Stockholm and Helsinki.