The Fund is number eight in the series of private equity real estate funds managed or advised by NRP Asset Management, and it will have similar strategy and team as the previous NRP Real Estate Funds. The Fund has a core-plus strategy with a diversified portfolio. Downside protection is based on long-term investments with semi-annual distributions providing attractive risk-adjusted investor returns.
“Our strategy has been consistent since we started our investments in the Nordic real estate market. We focus on long-term solid tenants and attractive dividend yield. Since the Fund is already well under way of establishing a solid portfolio, we plan to launch a new Fund shortly,” says Partner and Head of Business & Development, Axel Wroll-Evensen.
A long and proven track record within the Nordic Real Estate Fund sector provides NRP with a solid position to utilize future opportunities in the (Nordic) region.
Employing an extensive Nordic network, and with an intrinsic knowledge of the Nordic commercial real estate market, NRP will continue its strategy of thorough research and careful selection when investing the remaining capacity for Fund VIII.
“Going forward, we will be using the same strategy and investment approach that has secured value for our investors so far, taking into consideration the risk of rising interest rates and keeping our eyes open for signs of a maturing market. We have an attractive pipeline of deals, and a network that provides for an optimistic outlook and opportunities for a strong and diversified portfolio in the coming year,” says Partner and Fund Manager Eirik Forthun.