Realkapital sets up EUR 100m Nordic recovery fund

Realkapital Partners has launched a EUR 100 mln Nordic Recovery Fund to capitalise on secondary market mispricing for real estate debt and equity. The fund, with a life of five years and a Core+/Value-added profile, will seek to provide investors with an Internal Rate of Return of 20%. The vehicle, with a size of EUR 100 mln, will be structured as a Luxembourg FCP-SIF vehicle and will target investment in Norway, Sweden, Finland and Denmark.

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