Nordic Real Estate Partners (NREP) has announced the first closing of its Nordic Retail Fund 2, its sixth fund in the NREP series. The fund manager raised EUR 121 mln in the first closing from a group of nine Northern European institutional investors, including JØP (The Pension Fund for Danish Lawyers and Economists), PBU (The Pension Fund of Early Childhood Teachers) and Talanx Group (German Insurance Group). NREP is also co-investing in the fund.
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