Teesland, the UK and European property fund and asset managemer, has launched the EUR 850 mln Nordic Aktiv fund to invest in the four Nordic countries - Denmark, Sweden, Finland and Norway. The fund will focus on acquiring high-yielding mixed commercial properties with a strong emphasis on multi-let buildings, Teesland said. The target income return to investors is 8%.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
