Nordika sucessfully raises over SEK 1 billion
Nordika a leading Nordic real estate investment firm, announces that it has commitments exceeding SEK 1 billion (approx. EUR 100 million)
Nordika III has already committed 40% of the equity in two separate transactions since first close where equity value is up more than 100% in less than a year.
Nordika has decided to close the structure prematurely as the equity target have been achieved in combination with the significant value increases already accomplished in the first two investments.
Nordika will continue to invest in value add 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 estate assets across the Nordic region.
Nordika has proven its ability, to repeatedly source and close a large number of transactions with superior returns. In a recent ranking by Preqin, Nordika took the number 3 position globally.
Nordika will continue its proven real estate investment and asset management activities. The investor base consists mainly of corporate pension funds and insurance companies from Northern Europe